Corporate Ratings, Insurance Ratings, S&P, Moody’s, Fitch
SINGAPORE: Thakral Corporation’s recently incorporated subsidiary, Thakral Umeda Properties Pte. Ltd. has added the Umeda Pacific Building, an 11-storey office building, to its portfolio of properties in Osaka, Japan. The building has a gross floor area of 9,179 sqm and…
LONDON: Etalon Group, the Russia based development and construction company, announces that it has completed the Fusion residential complex in the Vyborgskiy district of St Petersburg. The project has a total NSA of 14 ths sqm, including 10 ths sqm…
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 resources and assumes outstanding bank debt of €16.4 million. It is intended that this will…
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 Bratislava from Dreamgroup Management E.C.P. Ltd for a total consideration of €3.7 million. It has…
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 million, including acquisition costs of €2.5 million. The acquisition will initially be funded using proceeds…
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 for £30.3 million. Aire Valley is the joint venture between Harworth Group plc and Evans…
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 by Lovelle Estate Agency Limited and Lovelle Bacons LLP. The overall consideration for the acquisition…
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 Spain, for total cash consideration of €15.2 million. The disposal, which is to be effected…
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 Investment AS, which is the owner of 100% of the shares in Lille Grensen 7….
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 in Brisbane’s CBD for $47.4 million. The purchaser –the University of Queensland –plans to occupy…
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 portal Zameen.com. Amjad Ahmad Ali, Consul General of Pakistan in UAE, graced the occasion as…
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 at Capital Quarter in Cardiff for c.£57 million. IM Properties, one of the UK’s largest…