Starwood offers US malls
Starwood Capital Group has put up for sale a $1.2bn (£810m) portfolio of US shopping centres it originally bought from Westfield. Eastdil Secured has been hired to broker the sale of centres in cities including Chicago, San Francisco and Cleveland.
Pair snap up Vienna asset
CBRE Global Investors and Universal Investment have bought the Stafa Tower in Vienna from a private company on behalf of German investor Bayerische Versorgungskammer. The 135,600 sq ft, 10-storey retail and hotel building is CBRE GI’s second major acquisition in Austria this year.
Hibernia to build in Dublin
Hibernia has received planning permission for the second phase of its redevelopment of Harcourt Square in Dublin. It has permission for 276,500 sq ft of office and ancillary accommodation on the
1.9-acre site.
Starwood sells Florence hotels
Starwood Hotels & Resorts Worldwide has sold the St Regis and the Westin Excelsior hotels in Florence, Italy, for €190m ($213m) to Nozul Hotels & Resorts. Starwood will continue to operate the hotels under management agreements.
Icade buys medical portfolio
French property company Icade has bought three psychiatric hospitals and a rehabilitation centre in France for €57m (£43.7m). It has also signed a preliminary agreement with an investment fund managed by Oreima to buy a €50m office building by the Paris ring road.
