Phoenix Spree announces acquisition of Brandenburg Apartment Complex
LONDON, UK: Phoenix Spree Deutschland Limited has acquired an apartment complex in Brandenburg for €24.2 million. The acquisition will initially be financed by existing cash...
Safestay acquires hostels in Warsaw, Prague and Bratislava for €3.7mn
LONDON, UK: Safestay Plc, the owner and operator of an international brand of contemporary hostels, has acquired acquisition of three hostels in Warsaw, Prague and...
Sirius completes €44.5mn acquisition of Alzenau Business Park
LONDON: Sirius Real Estate has completed the acquisition of Alzenau Business Park, 34km east of Frankfurt am Main against a total purchase consideration of €44.5...
Aire Valley sells commercial development land at Gateway 45 Leeds for £30.3 million
LONDON: The Aire Valley Land LLP has completed the sale of 43 acres of commercial development land at its Gateway 45 Leeds site to PLP...
Newton Fallowell to acquire Lovelles Estate Agency for £2.0 million
LONDON, UK: Newton Fallowell Limited, a wholly owned Belvoir Group subsidiary, has agreed to acquire the business and assets of the estate agency business operated...
Costain agrees to sell Alcaidesa Holding for €15.2 million
MADRID: Costain Alcaidesa Limited has agreed to the sale of Alcaidesa Holding S.A.U to Millenium Hotels Real Estate, a real estate investment fund based in...
Norwegian Property to acquire Lille Grensen 7
OSLO, NORWAY: Norwegian Property ASA has entered into an agreement to purchase the property Lille Grensen 7. Norwegian Property will purchase all shares in Grensen...
Primewest sells Chambers and The Tower for $47.4 million
BRISBANE: A fund managed by national property fund manager Primewest has sold the iconic Chambers building and an adjoining eight storey office building The Tower...
Pakistan Property Show concludes at Dubai World Trade Centre
DUBAI: Pakistan Property Show (PPS) 2019 successfully concluded at the Dubai World Trade Centre in Dubai on Friday. It was organised by Pakistan’s largest property...
Grainger to acquire PRS scheme at Capital Quarter, Cardiff for £57mn
NEW CASTLE: Grainger plc, the UK’s largest listed provider of private rental homes, has agreed to forward fund and acquire a 307 home, PRS development...
NewRiver acquires Bravo Inns for £17.9 million
LONDON, UK: NewRiver REIT announced the acquisition of community pub company Bravo Inns Limited for £17.9 million, representing an EBITDA multiple of 6.8x. The transaction...
PPHE acquires site in London to develop a hotel
LONDON: PPHE Hotel Group has acquired the freehold interest in a site located in London SE1 with a view to developing the site into a...