Kennedy Wilson Europe is paying €30m for Puerta del Sol 9, a high street property in the iconic Plaza Puerta del Sol in Madrid. Plaza Puerta del Sol is a landmark location in the heart of Madrid’s city centre offering a wide range of restaurants, shops, cultural sights and attractions. Recently, the plaza benefitted from […]
British Land’s results for the year ended 31 March 2015 have been published. The EPRA NAV rose by 20.5% to 829p. They have declared a quarterly dividend of 6.92p; bringing the full year to 27.68p (2014: 27.0p) and the first quarter dividend for the new financial year will be 7.09p, an increase of 2.5%. The NAV increase […]
Hansteen has sold its Hansteen UK Industrial Property Unit Trust II for £192.1m to a fund advised by Brockton Capital LLP in a partnership with Dunedin Property. The deal adds about £5m to Hansteen’s end December asset value. They launched the unit trust in May 2013 with £107m investment from them and clients of Aviva Investors. They […]
