US developer-investor Hines has completed the sale of Stuttgarter Tor, an office asset in Stuttgart, Germany, on behalf of the Hines European Value Fund (HEVF). The 14,822 m2 office complex has been bought by investment management company Arminius, acting on behalf of German institutional investors, for an undisclosed price, after...
Angelo Gordon, APF strike again in Dutch market with two deals
A day after announcing the sale of a canalside office in Amsterdam, private alternative investment firm Angelo Gordon and investment manager APF International have revealed two further transactions in the Dutch market. The joint venture partners said on Tuesday that they have sold the Life office building in Utrecht (pictured),...
UK sees €2.3b leap in supermarket sales
Rocketing visits to UK supermarkets drove an almost £2 bn (€2.3 bn) leap in sales in the four weeks to 21 March, according to market research company Nielsen. As Britons stocked up on groceries ahead of the coronavirus lock down which came in on 23 March in the UK, they...
Heimstaden closes €44 mln Dutch housing deal during lockdown
Swedish residential landlord Heimstaden has added to its Dutch portfolio with the acquisition of 142 apartments for €44 mln from local investor DamBorg. The company said talks first started before the government had taken any nationwide measures, but the deal was closed very recently when the situation was as it...