Allianz Real Estate is planning to buy the Koe Galerie shopping mall in Dusseldorf from Blackstone Group for €300 million. Allianz, the real estate investing arm of Europe's largest insurer, will acquire 20,000 square meters in retail space.
Frankfurt-based Deutsche Bank has purchased the WestendDuo office tower in Frankfurt from CBRE Global Investors Inc. for approximately €240 million ($326 million).
U.S.-based American Realty Capital Properties has purchased a property portfolio from affiliates of funds managed by Fortress Investment Group LLC for $601.2 million, excluding closing costs.
Legal & General Group Plc has agreed to sell an office building in London's Midtown district to Orchard Street Investment Management LLP for £85.1 million ($140 million).
Tesco PLC, one of the world's largest retailers, announced today a sale and leaseback deal with Samsung SRA in South Korea with total gross proceeds in excess of £355 million.
A consortium spearheaded by Perennial Real Estate Holdings has agreed to purchase a Singapore office and retail tower from the Asia Real Estate Income Fund, which is managed by the Pacific Star Group, for S$970 million ($766 million).
Philips Pension Fund has sold the Symphony Offices to Deka Immobilien GmbH for approximately €215.1 million ($294.5 million), making it the largest real estate transaction in the Netherlands in 2013 to date, according to CBRE.
Manulife Financial Corp. has purchased its first office building in New York's financial district from Mitsui Fudosan Co., Japan's largest property developer, for $166.5 million.
Carrefour Group, the world's second-largest retailer, has agreed to purchase 127 shopping malls from real estate group Klepierre for €2 billion ($2.8 billion), as part of the company's back-to-basics strategy.
U.S.-based REIT CNL Healthcare Properties has purchased a portfolio of 12 senior housing communities in the states of Idaho, Montana, Nevada and Oregon for approximately $302 million. The REIT, which focuses on senior housing and healthcare facilities.
Hong Kong-based property developer Shui On Land, controlled by Hong Kong billionaire Vincent Lo, has agreed to sell its entire stake in the company that owns the Taipingqiao project to China Life Insurance Co. for 3.32 billion yuan ($545 million).
Allianz Real Estate has agreed to purchase a stake in five shopping centers in France from Paris-based developer Altarea Cogedim for 395 million euros ($535 million).
Chinese developer Guangzhou R&F Properties plans to purchase six land sites in Malaysia.
U.S.-based REIT Kite Realty Group has purchased a 10-property retail portfolio in the U.S. for $307 million. A New York-based real estate private equity firm sold the 2.1 million-square-foot portfolio which spans four Southeastern states.
Bahrain-based Investcorp Bank has purchased a residential U.S. portfolio through its U.S.-based real estate arm for approximately $270 million.
Japan-based Secured Capital, the real estate arm of private equity firm PAG, has raised $1.5 billion for investments in Asia, primarily targeting distressed real estate and debt opportunities in Japan.
Dallas-based Hillwood Investments is teaming up with a major sovereign wealth fund to invest more than $1 billion in industrial real estate across North America. Hillwood, owned by Ross Perot Jr., will focus on large warehouses.