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Cicerone Fund which is the property vehicle dedicated to the Italian social security pension fund for lawyers, has invested €131.5m in a Brussels office asset. CBRE Global Investors (GI) and Fabrica SGR, the adviser and asset manager of the Cicerone Fund respectively, have acquired the fully-let 20,600 square metre Mondrian building from Union Investment. CBRE …
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PPHE Hotel Group Limited, which together with its subsidiaries (the Group), owns, leases, develops, operates and franchises full service upscale, upper upscale and lifestyle hotels in major gateway cities, regional centres and select resort destinations, predominantly in Europe, is pleased to announce that one of its wholly owned subsidiaries has exchanged contracts to sell and leaseback Park …
Continue reading “Park Plaza London Waterloo sold to CBRE Global Investors”
CBRE Global Investors and German investment company Universal-Investment have acquired a large portfolio of residential assets in Japan. The acquisition was made for the account of their client, Bayerische Versorgungskammer (BVK), one of Germany’s largest institutional investors. The portfolio comprises 39 properties, with more than 1,500 residential units that are geographically well-diversified across Japan and …
CBRE Global Investors and German investment company Universal-Investment have acquired North Point MarketCenter, a 427,053 square foot Class A regional retail center located in an affluent suburb of Atlanta. The acquisition was made on behalf of Bayerische Versorgungskammer (BVK), one of Germany’s largest institutional investors. The asset is 97 percent leased. North Point MarketCenter is …
CPI PROPERTY GROUP announced that subsidiaries of CPI Property Group have successfully acquired the high-quality retail portfolio of predominantly 11 shopping centres located in the Czech Republic, Hungary, Poland and Romania with a total leasable area of approximately 265 thousand sqm (the “Portfolio“) from two funds managed by CBRE Global Investors. The closing of this …
CBRE Global Investors completed almost $17 billion in transactions globally in 2016. This includes $9.0 billion in acquisitions as the firm deployed capital on behalf of funds and separate account clients and $7.8 billion in dispositions as it selectively took advantage of a healthy sales environment to realize value for its clients. “With our …
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CBRE Global Investors has acquired, on behalf of a separate account client, the Letnany Shopping Centre in Prague, Czech Republic. The vendor was Tesco. Letnany is a well-established shopping centre, built in 1999, comprising 63,478 sq m of retail, 3,551 sq m of office space, 1,791 sq m where a petrol station is located and …
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CBRE Global Investors has closed the largest retail transaction in Belgium in 2016 with their investment in Mediacité shopping center in Liege, Belgium. The seller is Wilhelm & Co, who will remain the property manager in the newly formed joint venture. The 47,707 sqm shopping centre comprises of 110 units and includes 2350 parking spaces. …
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A fund advised by CBRE Global Investors has acquired Liberty Center, a 27-story, 529,289 square foot Class A office building located in the central business district of Pittsburgh, Pennsylvania. The property’s location offers tenants immediate access to major thoroughfares, the Cultural District, David L. Lawrence Convention Center, the Strip District and the Pittsburgh Amtrak Station. …
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CBRE Global Investors has acquired on behalf of the CBRE European Industrial Fund, DC Leeghwaterweg 2-8 in Bergen op Zoom, The Netherlands. The vendor was a fund managed by AXA Investment Managers – Real Assets. The logistics warehouse comprises 43,000 sqm and was constructed in 2009. It is a modern and flexible building and is …
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