Business Immo, the real estate website

Andrew Darwin

Senior Partner - Global Co-Chairman

Retail

Paref Gestion acquires a 47,500 sqm German retail portfolio

The SCPI Novapierre Germany fund, managed by Paref Gestion, has acquired a retail portfolio. The seller of the real estate portfolio is a mandate (...)

Hospitality

German Wealthcore says Vienna Hilton sold to Korean group for €370m

The final sale price of the Vienna Hilton Parkview hotel to a Korean consortium led by German investment manager Wealthcore came in at €370m, above that (...)

Logistics

Allianz Real Estate acquires first tranche of €80m Italian logistics portfolio

Allianz Real Estate has completed the purchase of two logistics warehouses in northern Italy in an off-market deal for €33.6m, the first tranche of (...)

Retail

GLO Properties acquires Hamburg retail centre for €100m

Luxembourg-based GLO Properties has paid over €100m to acquire the 77,500 sqm Modecentrum Hamburg retail centre from its owner and operator, the Luserke family. GLO was founded last year and (...)

Retail

Ceetrus sells French retail package to Carlyle, Othrys for €45m

Ceetrus, the listed property manager of the French Auchan supermarket group, has sold nine domestic retail assets for €45m to the US Carlyle Group (...)

Office

US Kennedy Wilson closes sale of Milan offices for €69.5m, 4.4% net yield

Listed real estate investment firm Kennedy Wilson said it has completed the sale of the Milan Via Valtellina office package to local manager Coima SGR for (...)

Office

JP Morgan, LGT's German office buy from Munich's publity said at €230m

JP Morgan Asset Management and Liechtenstein-owned LGT Capital Invest have acquired four German office buildings from struggling Munich-based listed group publity for a price reported (...)