This feature rounds up recent property news from S&P Global Market Intelligence's covered companies and highlights larger deal coverage already published.
The Netherlands
* Gramercy Europe Ltd. closed the first acquisition for its Gramercy Property Europe III fund with the purchase of a 40,618-square-meter Dutch logistics warehouse in Tilburg. The asset was bought from and will be leased back to PartyLite, with a 10-year, triple-net lease, IPE Real Assets reported.
UK
* U and I Group PLC sold the Kingsland shopping center in Thatcham for £16.1 million, marking a blended yield of 5.86%. The Waitrose food store in the asset was divested to Knight Frank Investment Management in December 2017, and the remaining property was purchased by Sheet Anchor Evolve Ltd. on Jan. 31.
* Civitas Social Housing PLC closed the roughly £3 million acquisition of a portfolio comprising the freehold interest in three supported living properties in the U.K. The properties are subject to 25-year leases with Falcon Housing Association and Westmoreland Supported Housing Ltd.
Germany and Switzerland
* UBM Development AG and CESA Group teamed up to purchase a two-hotel project comprising more than 550 rooms in Berlin. Additionally, the company plans to place around 800 apartments for sale in 2018 and 2019.
* Swiss Prime Site AG's Swiss Prime Site Immobilien acquired the roughly 25,000-square-meter Iseli industrial site in Regensdorf, which contains a total of approximately 17,000 square meters across eight existing multipurpose industrial buildings. The site has potential for the development of a further 40,000 square meters of leaseable area, the company said in a release.
Hungary
* CPI Property Group SA sold the company that held the Budaörs Office Park asset near Budapest to an undisclosed Hungarian real estate fund. The park features a gross area of 18,512 square meters on a 23,941-square-meter plot.
Sweden
* Wihlborgs Fastigheter AB paid 200 million Swedish kronor to purchase two assets in Sweden and two in Denmark, offering a total of roughly 20,300 square meters of space. The deal involves an investment property and an office building under construction in Sweden, and a further two fully leased assets in Denmark.
Additional coverage
Report: Legal & General in contract for £180M UK industrial estate
Asset manager Oxygen buys Man Group's London headquarters for £400M
Intu closes £148M stake sale of UK retail asset to LaSalle Investment Management
Kungsleden acquires Skanska's 3 Swedish properties in 1B kronor deal
Hibernia to pay €29M for Dublin office asset
Joyce Guevarra contributed to this report.
As of Feb. 1, US$1 was equivalent to about 7.87 Swedish kronor.
