Allianz Real Estate has acquired the NM28 office building in Munich for EUR214 million in a sale-and-leaseback transaction with Bertelsmann.
CBRE Global Investors, on behalf of an international separate account client, has acquired Premier Place, Devonshire Square, London from Greycoat and an affiliate of Morgan Stanley Real Estate Investing.
Lendlease and Invesco Real Estate have appointed McLaren Construction to complete the second phase of works for the 77,000 sq ft leisure extension at Queensgate shopping centre, Peterborough.
Nearly two-in-three real estate professionals want greater connectivity between existing software systems
Nearly two-in-three (65 per cent) real estate professionals have cited Application Programming Interfaces (APIs) as the feature they would most like to see incorporated into the tech they use, ahead of security (29 per cent) and blockchain (15 per cent).
RLI Investors (RLI) is expanding its presence in Germany and is to open another branch office in Berlin, the federal capital, later this month.
Arbor Realty Trust has closed a USD800 million commercial real estate mortgage securitisation, its thirteenth collateralised securitisation vehicle.
Real estate investment manager Redevco is aiming to grow its mandates and portfolio to EUR10 billion by 2025 from EUR7.5 billion currently, by launching a drive into new real estate sectors beyond retail.
Aviva Investors, the global asset management business of Aviva has acquired Le 50 rue d’Anjou building in Paris on behalf of one of its mandates.
International real estate advisor, Savills Aguirre Newman, has appointed Rubén Rubio as a director in the capital markets team in its Madrid headquarters.
Across UK commercial property, capital values decreased -0.1 per cent in February, according to the latest CBRE UK Monthly Index. Rental values also decreased -0.1 per cent, while total returns were 0.3 per cent for the month.