Deka to launch €800 mln German retail fund
German fund manager Deka Immobilien is to launch a new retail fund, Domus Einzelhandel Deutschland, targeting German high street assets, with the aim of growing it to an €800 mln vehicle, Thomas Schmengler, head of sales and acquisitions at Deka Immobilien in Frankfurt told to the media.
Germany's IVG to hive off €3b core office portfolio
German property Group IVG Immobilien has announced plans to spin off a €3 bn core portfolio of assets into a separate company.
Major resi tower project in Frankfurt comes to market
Deutsche Telekom has appointed Corpus Sireo and Savills to market the major Drei Schwestern residential development in Frankfurt.
CBRE GI acquires two Belgian retail assets for 5.4% yield
CBRE Global Investors has acquired two recently opened retail properties in Belgium for a total purchase price of €79.6 mln, reflecting a net initial yield of 5.4%.
Europa Capital buys €43m office park in Prague at 9% yield
Europa Capital has acquired the Hadovka Office Park in Prague for €43 mln, reflecting a 9% initial yield. The deal was carried out on behalf of the group's pan-European investment fund, Europa Fund IV.
Investor duo sells Belgian retail park to Fidelity
Belgian privately held investment manager Mitiska REIM and its joint venture partner ABLI have sold the Les Dauphins retail park in Mouscron, Belgium for an undisclosed amount.
Plaza Centers gets go-ahead for new Belgrade mall
CEE retail developer Plaza Centers has received a building permit to develop Belgrade Plaza, a 32,000 m2 shopping and entertainment centre.
Valad Europe picked to manage Goldman's Dutch portfolio
Goldman Sachs has appointed Valad Europe to manage its Chronos portfolio of 18 assets across the Netherlands.
Madrid limite l'activité d'Airbnb à un quota de licences d'appartements touristiques