This feature rounds up recentproperty news from S&P Global Market Intelligence's covered companies andhighlights larger deal coverage already published.
* An unnamed German insurer selectedPATRIZIA Immobilien AGto invest €150 million of equity to establish an approximately €300 millionresidential portfolio in Europe.
PATRIZIAsaid it acquired a residential site in Copenhagen for the fund that will house68 residential units and a commercial unit, with completion expected by the2017 fourth quarter.
UK AND IRELAND
* Accordingto The (U.K.) Guardian, HammersonPlc paid £1 billion for the Dundrum Town Centre in Ireland. Thecompany did not disclose the purchase price when the deal was .
* it agreed to offloadBoundary House at Jewry Street in London for £27.8 million to an overseasinvestor.
* is believed tohave pulled out of talks to buy the Hammersmith Embankment office complex inwest London from Australian seller GoodmanGroup, CoStar U.K. reported,without naming sources.
* two planning applicationsfor a seven-hectare development site at Slade Lane, Haverfordwest in Wales. Thecompany reacquired the site from Sainsbury's to build a retail-led scheme with10 retail units and a 60-bed hotel, and a separate commercial development witha five-screen cinema and room for five new restaurants.
* completedthe sale of three U.K. properties in separate deals. The company sold a smallindustrial asset in Witham for £3.3 million, the Causeway Side House inTeddington for £6.3 million and a small retail parade in Kingston Upon Thamesfor around £2.8 million.
* to buy two office properties inDüsseldorf and Hamburg for €49.5 million. The U.K. company plans to fund thetransaction with existing cash resources and debt from German lenders.
* said it receivedapproval from the country's building committee for the first phase of a projectin northern Högsbo in Gothenburg. The project has permission for up to 120,000square meters of building space.
* agreed to sell a school propertyin Mosjö, Örebro, for 62 million Swedish kronor, according to a . is the buyer.
* divested the Hotellet 18 inNyköping; Drotten 2 in Köping, Tvätten 3; Sälgen 6 in Karlstad; and the siteleasehold to Kortedala 36:23 in Gothenburg, according to a .
Thepurchase price for the deals came to 100 million kronor.
Thecompany also paid roughly 37 million kronor for Millby 3:198 in Partille.
* the Solis office building in Les Ulis (91) to a privateproperty investment company for €11.0 million, excluding transfer taxes. Asingle tenant fully occupies the 10,400-square meter building.
* one of the biggest DHLlogistic distribution centers in the country and finalized the sale of thestanding asset Cine Nova Centre.
* acquired the G4S Headquartersin Tallinn at an estimated 7.5% yield, according to a . The property onarterial Paldiski road has a gross area of 9,100 square meters.
* sold an18,400-square-meter plot in a suburb of Ploiesti to a local investor for€280,000, according to a filing.The plot is earmarked for residential development.
: Atrium Ljungberg purchased the property at an underlyingproperty value of 1.06 billion Swedish kronor, in a move to take advantage ofthe anticipated development boom in Stockholm's Sundbyberg municipality.
: The transaction will allow alstria office REIT to reduce itsnet loan-to-value ratio to 44.9% from 49.0%.
: Thedeal has a net margin of 25%, and it is in line with Foncière des Régions'strategy to focus on its core activities.
: The company is buying a building for €63.8million and will sell another asset in Paris' central business district for€56.0 million.
: The company will have spent $189 million bythe time it completes the four expansion phases of the facility.
: The company will use part of theproceeds to redeem the company's 5.5% convertible debentures.
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