GERMANY - Deka Immobilien, Peter Millican, Union Investment, LaSalle Investment Management, Allianz Real Estate, HSH Nordbank, Tristan Capital, Prologis.

German open-ended fund manager Deka Immobilien has made two large investments for its WestInvest InterSelect vehicle, acquiring Kings Place complex in London's Kings Cross for £235m (€285m) and ‘The Rock' office building in Amsterdam for €132m. Kings Place is the Guardian Media Group's headquarters in London, was designed by Dixon Jones and completed in 2008 by developer Peter Millican. The Rock is let to law firm De Brauw Blackstone Westbroek and was sold by Evans Randall.

Meanwhile, fellow German fund manager Union Investment has sold the Luisencenter shopping mall in Darmstadt, Germamy to LaSalle Investment Management for approximately €104m. The shopping centre, which was refurbished in 2002-03, was held in its UniImmo: Europa open-ended fund.

Allianz Real Estate has purchased a 45% stake in Europa Passage from HSH Nordbank, giving it complete ownership of the Hamburg shopping centre. Europa Passage was opened in in 2006 and is reported to be valued at approximately €430m.

Curzon Capital Partners III Fund, advised by Tristan Capital, has acquired a portfolio of German logistics warehouses from Prologis for approximately €138m. The portfolio is spread across six locations in Germany and includes six individual warehouses and two parks.

Ric Lewis, chief executive at Tristan Capital, said: "Prologis wanted to sell the entire logistics portfolio over a relatively short time period, so they only approached investors with the available capital and in-house capabilities to be able to achieve this."