* Google Inc. wrapped up the €300 million purchase of the Bolands Quay scheme in Dublin's docklands, according to the Irish Independent. The site will comprise three new buildings, offering office and residential space, upon the project's completion.
* Finnish residential landlord Kojamo PLC plans to raise gross proceeds of approximately €150 million via an IPO in Helsinki. The company is looking to list its shares on the official list of Nasdaq Helsinki Ltd.
* Developer Seven Tides unveiled plans for the US$350 million Seven City JLT residential building in the Jumeirah Lake Towers in Dubai, Arabian Business reported. The company's CEO Abdullah bin Sulayem told the publication that the development project will include 2,635 residential units and 150,000 square feet of retail space, with completion slated for the third quarter of 2021.
* Confirming media reports, NewRiver REIT said it has entered into an exclusivity period in connection with a potential acquisition of U.K. community pubs owner Hawthorn Leisure Holdings Ltd.
According to The (U.K.) Times, the real estate investment trust is taking over the privately owned company by paying more than £100 million. Hawthorn, which was recently placed on the market through Sapient Corporate Finance for more than £115 million, is controlled by its management and U.S.-based private equity firm Avenue Capital.
* The People's Republic of China closed the acquisition of the 5.4-acre Royal Mint Court site in London's East End from a partnership between client funds Delancey and the LRC Group. The country plans to use the site for its new embassy in the capital.
* Swedish construction group Skanska signed a £141 million deal with The Olayan Group to deliver a 31,600-square-meter mixed-use scheme in London. The K1 Knightsbridge project will feature retail and office space, 35 residential units and a restaurant upon its completion by 2020-end, according to a release.
* M&G Real Estate agreed to a £68.5 million funding deal for the 315-unit Thames Quarter build-to-rent project in Reading. Watkin Jones PLC will develop the project, which is expected to complete in 2021.
* Moorfield Logistics Partnership divested a portfolio of five distribution warehouses in the U.K. for €48.6 million, Europe Real Estate reported. The deal comprises a total of around 543,660 square feet of warehouse space.
* The NHS is planning to transform the Queen Mary's House in Hampstead, U.K., which offers homes for nurses and staff in London, into a 162-unit luxury apartment complex with a total sale value of roughly £280 million, The (U.K.) Guardian reported. The U.K. healthcare system is privately marketing the 1.6-acre site to real estate developers.
* GlobalData paid a little over £21 million to acquire the Standard House building on 12-13 Essex St. in London from a private seller, Property Week reported. The company is set to make the 23,000-square-foot building its new headquarters.
* House prices in London declined 0.2% on an annual basis in May, as the British capital continues to experience a housing slump amid Brexit uncertainties, Bloomberg News reported, citing Rightmove.
* Park Hotels & Resorts Inc.'s sale of the 601-room Hilton-Berlin hotel in Berlin fetched gross proceeds of €297 million, before closing adjustment, for the joint-venture owners of the entities that held the asset. Park Hotels' pro rata share of the proceeds came in at approximately US$140 million.
* Private equity giant Blackstone Group LP and Quincap Investment Partners purchased the 44,000-square-meter Arabella Bogen office building in Munich on behalf of its European Core+ platform, Property Investor Europe reported. Blackstone's OfficeFirst Immobilien fund will manage the asset, the report added.
* Shareholders of Vastned Retail Belgium voted in favor of giving up the company's real estate investment trust status to convert into a specialized real estate investment fund, in connection with its pending takeover by Vastned Retail NV.
Other real estate news
* South Korea's Mirae Asset Global Investments Co. Ltd. is divesting two towers estimated to be worth approximately 1 billion reais, inside the Rochavera Corporate Towers complex in Sao Paulo. The sale of roughly 56,000 square meters of office space has reportedly garnered interest from Cyrela Commercial Properties SA, which has a Brazilian joint venture in place with Canada Pension Plan Investment Board for investing in office properties.
* Amro Real Estate Partners has launched a €300 million student accommodation fund to invest in purpose-built student housing assets in Spain and Portugal, PropertyEU reported.
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Anusha Iyer contributed to this report.
As of May 18, US$1 was equivalent to 3.76 reais.