Hyatt opens new hotel in Barcelona (ES)

Hyatt opens new hotel in Barcelona (ES)

Uncategorized Hyatt Hotels Corporation has announced the opening of the fully renovated 280-room Hyatt Regency Barcelona Tower, a hotel in the gateway to Barcelona’s new financial district. The opening of the hotel marks the second Hyatt Regency branded property in Spain. Designed...
Feb 14, 2020
NH Hotel Group brings Nhow to London (GB)

NH Hotel Group brings Nhow to London (GB)

Uncategorized NH Hotel Group continues growing its portfolio with the latest opening of its first nhow property in London. Located on City Road, on the fringe of Shoreditch, long regarded as one of London’s most dynamic and creative hubs, the hotel plays homage to both the area’s...
Jan 25, 2020
CBRE GI acquires Madrid office building (ES)

CBRE GI acquires Madrid office building (ES)

Uncategorized LaSalle Investment Management has disposed of General Lacy 23, a heritage building in Madrid, which has become the first office building in the country to be given LEED Platinum green building status following a major refurbishment. The company has sold the former...
Jan 24, 2020
Valesco acquires Brussels Finance Tower for €1.2bn (BE)

Valesco acquires Brussels Finance Tower for €1.2bn (BE)

Uncategorized The Valesco Group, backed by Meritz Securities, has acquired the Finance Tower, a skyscraper located in Brussels’ CBD from Breevast and ZBG for c.€1.2bn. The purchase price represents an acquisition yield of 4.85%. The landmark purchase represents the largest single...
Jan 20, 2020
Commodus completes Berlin office deal (DE)

Commodus completes Berlin office deal (DE)

Uncategorized Commodus has secured over 120,000m² of office space in the centre of Berlin with the purchase of a second building half at the former AEG site near Brunnenstrasse. In the transaction closing at the end of 2019, the investment company acquired the second part of the...
Jan 17, 2020
Barings acquires Spanish supermarket portfolio for €73.4m

Barings acquires Spanish supermarket portfolio for €73.4m

Uncategorized Barings, acting on behalf of a core investment strategy for institutional investors, has acquired a portfolio of ten supermarket assets across five Spanish regions from Kennedy Wilson for €73.4m. The portfolio, which comprises a total of c.38,800m², is fully let...
Jan 16, 2020
LaSalle acquires Frankfurt office building (DE)

LaSalle acquires Frankfurt office building (DE)

Uncategorized LaSalle Investment Management has acquired the prime office building Morrow in Frankfurt’s Westend. The purchase agreement has been signed on behalf of the LaSalle E-REGI fund, with closing in July 2020. The vendor is Projektentwicklung Oberlindau, a joint venture...
Jan 16, 2020
Reuben Brothers to build Pacha brand

Reuben Brothers to build Pacha brand

Uncategorized The Reuben Brothers, have formed a joint venture with the Pacha Group and acquired the Hotel Pacha Ibiza, in a sale-and-leaseback transaction. It has been reported that the brothers were planning to expand the brand around the world with a portfolio of hotels. The...
Jan 14, 2020
Hines acquires Frankfurt office property for €114m (DE)

Hines acquires Frankfurt office property for €114m (DE)

Uncategorized Hines, acting on behalf of the Hines Pan-European Core Fund (HECF), has acquired “Werfthaus” office property in Frankfurt, for a price of approximately €114m. The building was sold by Tristan Capital Partners; with Barings Real Estate acting as an asset manager....
Jan 14, 2020
Great Portland Estates sells Kurt Geiger UK HQ for €75m

Great Portland Estates sells Kurt Geiger UK HQ for €75m

Uncategorized Great Portland Estates has exchanged contracts to sell 24/25 Britton Street, EC1 to an overseas investor for a headline sale price of €75.5m (£64.5m), equating to €75m (£64.06m) after deduction of vendor top-ups. The headline price reflects a net initial yield of...
Jan 13, 2020