This brings the total value of assets acquired since the start of the year up to c. €1.3 billion.

The Board of Directors of HRADF will soon convene to ratify the e-Auction process result.

The parties aim to close the Transaction by Q2 2022.

This is the first investment of Premia Properties, in the sector of serviced apartments, under the strategic framework agreement with Dimand S.A.

The consideration has been agreed at €55 million representing a 0.74x P/BV multiple.

Sources familiar with the ongoing negotiations cited by local news agency unveil that the deal would be Romania's largest upon completion.

Hines, the international real estate firm, has acquired the New Stage Yokohama building in the Yokohama submarket in the Greater Tokyo area.

The successful bidder in the tender process for the historic property by Folli-Follie offered more than € 25 million.

The vendor is Argo Real Estate with the sites acquired on a combined net initial yield of 4.6%.