* An opportunity fund advised by Tristan Capital Partners Holdings Ltd. announced three German property investment totaling roughly €254 million.
CMF Capital and Tristan Capital's EPISO 5 bought a development plot in Berlin's Neukölln district from commercial printing company Eversfrank Group for about €15 million to develop a 30,000-square-meter office and commercial complex for about €100 million.
It also purchased an office building in Munich with rental upside potential and adjacent development land from AXA. The total investment in the project, including refurbishment of the existing property and development of the adjacent land, is expected to be €91 million.
EPISO 5 also acquired a portfolio of five office buildings in Munich, Frankfurt, Dusseldorf and Hildesheim totaling 35,750 square meters from Union Investment and Silverton Asset Solutions for around €63 million.
* M&G Investments's property fund management arm M&G Real Estate acquired a 16,500-square-meter office asset at 9-11 Via Pola in Milan's Porta Nuova district for €136 million, PropertyEU reported.
UK
* U and I Group PLC plans to build a mixed-use scheme in London's Greenwich Peninsula district with 1,500 homes and six acres of parks and public spaces, Property Week reported. The scheme will feature 35% affordable homes and will have 11 buildings.
* Sigma Capital Group PLC acquired two development sites in London, marking the entry of its build-to-rent activities and Simple Life brand in the British capital. The real estate developer acquired an 80-unit development site at Beam Park that is part of a £1 billion regeneration project across the boroughs of Havering and Barking & Dagenham. It also bought a 77-unit development site at Fresh Wharf near Barking Town center.
* Unite Group PLC agreed to commercial terms with the University of Leeds for a 30-year nominations agreement for its White Rose View development. The agreement covers 559 of the 976 beds in the project in the Leeds city center. The project will open in time for the 2020-2021 academic year.
Germany
* Deutsche Asset One GmbH acquired 270 German residential and commercial units for about €110 million, according to Property Magazine International. The acquisition consisting of two project developments in Hanover and Potsdam and four existing properties in Dresden and Leipzig, respectively, was made for Union Investment's special funds for selected cooperative investors.
* Publity AG agreed to sell St. Martin's Tower in Frankfurt to a joint venture between Barings Real Estate Advisers LLC and Coreo AG for an undisclosed sum. The transaction is expected to close in 2019. St. Martin's Tower has a lettable area of 26,000 square meters and consists of an 18-story tower interconnected to a seven-story wing.
Publity had acquired the tower in April through a subsidiary. The property is almost fully leased and has 397 car parking spaces.
Netherlands
Slovakia
* Luxembourg-based Mountpark Logistics EU Sarl bought a 30-hectare logistics development site in Bratislava to construct up to 120,000 square meters of logistics space. Development is slated to commence in 2020.
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