Advisors launched the sale this week of more than €1bn worth of major assets across Europe.

CBRE is believed to be handling the disposal of 10 Gresham Street, which achieved full occupancy last month. Also in the office sector, Lincoln is seeking buyers for a major Warsaw office scheme, while in Dublin, Amundi Real Estate is marketing Fitzwilliam 28 through Savills for €150m.

Meanwhile, Lone Star is understood to be selling the Union Square shopping centre in Aberdeen for £175m.

In the recently completed deal section, the investment market came back to life with several big-ticket transactions, including a €200m shopping centre sale in Vilnius, Lithuania.

NEPI Rockcastle is selling Ozas Shopping and Entertainment Centre, its only asset in the Baltic region, at a 13% premium to the property’s IFRS net asset value as of 30 June 2026. 

“This transaction reflects a bold but carefully considered move to sharpen our geographic focus and redeploy capital into higher-growth opportunities, including Spain, where we recently made our first investment outside Central and Eastern Europe,” CEO Marek Noetzel said.

  

Recently completed deals       
Asset Asset type Location Buyer Vendor Size Price (mln) Key facts
54-property portfolio mixed Spain, Ireland, Poland and the Netherlands KKR Realty Income 54 assets €528 The seed portfolio spans essential and retail sectors, with its top five client categories comprising grocery, transportation services, home improvement, home furnishings and automotive parts.
Ozas Shopping and Entertainment Centre retail Vilnius, Lithuania UTIISIB UAB “Prosperus Retail Property Fund” NEPI Rockcastle 70,600m2 €200 The net proceeds represent a premium of 13% to the property’s IFRS net asset value as of 30 June 2026.
5-property strong PBSA portfolio living UK Partners Group and Aboria Capital HSBC Asset Management 1,570 beds £165 (€192) The transaction marks Aboria’s first acquisition since the JV was launched.
Quayside Quarter build-to-rent scheme living Dublin Quantum Immobilien KVG Greystar 268 apartments €180 Greystar acquired Quayside Quarter in 2019 for €175.5m, making it the US investment manager’s first investment in Ireland.
two industrial assets logistics Hounslow and Lewisham, UK Tritax London Logistics Fund Fiera Real Estate and Wrenbridge 277,000sqft £130 (€151) Tenants include Toolstation and Screwfix.
student housing portfolio living Portugal Ardian and Rockfield Nido 883 beds €80 The portfolio comprises Nido Carcavelos, Nido Ajuda, Nido Santa Apolónia, Nido Estoril and Nido Asprela.
Ramsay Private Hospitals healthcare UK DTZ Investors LondonMetric NA £59.1 (€69) LondonMetric sold the two hospitals as part of its ongoing capital recycling and portfolio adjustments into structurally supported sectors.
Mercadona portfolio retail Spain Hahn Sierra Food Retail Fonds Mercadona 26,400m2 €60 All properties are fully leased on a long-term basis to Mercadona.
De Mael retail park retail Bruges private investors Wereldhave Belgium 20,000m2 €49 Wereldhave Belgium acquired the site in 2018.
logistics asset logistics Gothenburg SLP DSV 34,900m2 €45 The asset is fully leased with a lease term of 9 years.
26-28 Hammersmith Grove living London Seng Federated Hermes 200,000sqft £25 (€29) Seng said the site’s scale, existing income and transport connections presented an opportunity for a substantial living-led redevelopment.
logistics portfolio logistics UK Crossbay Three charitable organisations 325,000sqft NA The properties are two single-let assets in Birmingham and a distribution centre in Lutterworth.
Galeria Chełm retail Chelm, Poland LCP Poland Equilis and Acteeum 17,000m2 NA Opened in 2020, Galeria Chełm is fully let.
three resi projects living Stockholm BauMont Real Estate Capital, SBF NA 85 apartments NA The acquisitions are the first to be completed as part of the partners’ €500m residential investment programme.
logistics asset logistics Bleiswijk, the Netherlands CDC Investissement Immobilier Next Level Development and Wijnen Bouwgroep 37,300m2 NA The property is fully leased.
logistics distribution centre logistics Bedford, UK CBRE Investment Management NA 462,700sqft NA The asset is fully let to Sainsbury’s Supermarkets Ltd.
data centre development development Munich Unnamed infrastructure investor PGIM 30 MVA capacity NA The property was acquired by PGIM’s closed-ended value-add fund European Value Partners (EVP) II in 2024.
Pand Noord office Amsterdam Unnamed Dutch investor HighBrook 10,000m2 NA Primarily let to businesses in the creative field, Pand Noord offers tenants meeting rooms, a restaurant, cinema, gym and shared electric bikes.

 

Assets on the market       
Asset Asset type Location Vendor Size Price (mln) Broker Key facts
10 Gresham Street office London KWAP 251,000sqft £330 (€384) CBRE The asset, which just reached fully occupancy in August, houses Moody’s European headquarters.
Union Square shopping centre retail Aberdeen Lone Star 550,000sqft £175 (€204) Knight Frank The scheme has recently seen M&S upsize to a new 100,000 sq ft anchor unit on the retail park.
The Form office Warsaw Lincoln Property Company 30,800m2 €190 Colliers The fully leased building hosts other major companies like ING Hubs and Clyde & Co.
The Tesco Distribution Centre logistics Dublin DTZ Investors, KTB Investments & Securities and KTB Asset Management 73,214m2 €190 C&W The asset was bought in 2019.
Fitzwilliam 28 office Dublin Amundi Real Estate 135,000sqft €150 Savills The asset is fully let to aviation financing platform SMBC Aviation Capital and generates annual rental income of €7.7m.
three B&Q stores retail UK Fiera Real Estate 307,000sqft £61.5 (€72) Xprop The properties are let until May 2034 and can be acquired individually or as a whole.
the Ballsbridge Collection office Dublin Joint receivers Ken Fennell and Brendan O’Reilly of Interpath €34 Savills The two neighbouring buildings occupy a combined 1.2-acre site.
224-232 St John Street office London Paloma Capital 21,000sqft £20.5 (€24) Compton and Knight Frank The property houses Thirdway’s headquarters.
Three Best Western hotels hotel UK NA 240bedrooms £18.5 (€22) Colliers The hotels are in Kendal, Southampton and Chippenham.
PBSA and co-living scheme living Exeter, UK Nixon 813 homes NA Knight Frank The scheme has a gross development value of more than £145m.

 

Recently completed loans    
Lender(s) Borrower(s) Asset(s) Loan Size (mln) Key facts
CMBS investors Blackstone 92-property Mileway portfolio £614 (€715) This is Blackstone’s seventh European transaction of this type this year.
BayernLB, Deutsche Hypo, and Helaba VGP “Rheingold” logistics portfolio in Germany €586 Each of the banks is providing €195m.
Bond investors M&G European Property Fund Unsecured €500 The five-year green bond was heavily oversubscribed.
Goldman Ilanga Capital Marbella resort €145 The financing will fund the development of Oakmond which will comprise 140 rooms and 28 private residences on a 53,000m2 site.
Cheyne Capital IGIS AM 1 Poultry in London £121 (€141) The senior development loan will finance the refurbishment of the scheme.
ICO Lagoom Living Sevilla Este €73 The development will comprise 843 apartments for rent.
ING Student Experience Madrid asset €58 The loan is for a five-year term, extendable by another two years.
HYPO NOE DL Invest Group 11 retail parks €29 The five-year loan is secured against a portfolio of 11 retail parks located in Poland’s Silesian Voivodeship.

 

New mandates/JVs and funds on the market   
Firm Fund/mandate/JV Strategy Details
Realty Income and KKR Euro-denominated joint venture Investing in a diversified portfolio of existing European net lease real estate assets contributed by Realty Income Capital accounts advised by KKR will make an initial investment of €528m to acquire a 49% equity interest.
PRODEA Investments, Invel Real Estate and LGT Capital Partners Greece logistics property JV Developing and investing in a portfolio of institutional-quality logistics assets. The platform will be seeeded with a 49% interest in Prodea’s logistics platform in a deal valued at €31m.
Indiana Public Retirement System Carlyle Group’s latest pan-European real estate strategy Opportunistic strategy focused on European logistics, residential, student accommodation, retail and hotel investments Indiana PRS committed €150m to the fund.