Redefine International secures planning for Harrow development

UK - Redefine International has achieved full planning consent for a new residential led, mixed use, development scheme on the currently vacant Lyon House and Equitable House sites in the heart of Harrow town centre. Lyon House was a former... more...

Monday, 21. May 2012

Europa Capital starts construction work on Industrial & Logistic Park Turda

Romania - Europa Capital, the pan-European real estate fund management group, to announce that construction has commenced on Industrial & Logistic Park Turda; a 545,781 sq. metre industrial and logistic park project located in Turda, 31 kilometres... more...

Monday, 21. May 2012

CBRE appoints Dr Neil Blake as Head of EMEA and UK Research

UK - CBRE announces that it has appointed Dr. Neil Blake as Head of EMEA & UK Research. Dr. Blake joins CBRE from Oxford Economics, the economic forecasting consultancy, where he was... more...

Monday, 21. May 2012

Fabege secures additional project lettings in Stockholm

Sweden - Fabege and the Swedish Economic Crime Authority have entered into a six-year lease concerning premises in the Klamparen 10 property, Flemminggatan, Stockholm. The lease pertains to 1,230 sqm of office space and occupancy is scheduled for... more...

Monday, 21. May 2012

Canadian REIT buys Grammophon Park in Hanover

Germany - Activum Capital Management and STAM Europe have sold Grammophon Park, a 19,500 square meter office building located in Hanover for an undisclosed price to Canadian REIT Dundee International. This building was an early investment of... more...

Monday, 21. May 2012

Potsdam, Germany, students apartments, - Photo: Potsdam, Germany, students apartments,

Youniq starts construction work of 1,206 student apartments

Germany - With construction already underway in Mainz since the start of this year, Youniq AG just announced the start of construction work in Potsdam, in sync with the commencement of the... more...

Monday, 21. May 2012

Warsaw retail market: upward pressures on prime evidenced

Poland - Jones Lang LaSalle has released the “Warsaw City Report, Q1 20112”. According to the report, the Warsaw agglomeration represents the largest Polish retail market in terms of supply, which currently surpasses 1 million sq m of... more...

Monday, 21. May 2012

John Partridge steps down as Executive Chairman at Cordea Savills

UK - After nine years at Cordea Savills, Executive Chairman, John Partridge, has announced his resignation from the international investment management business. John will remain involved with Cordea Savills as a senior adviser. more...

Monday, 21. May 2012

Golden Bablyon Rostokino, Moscow, Russia, Shopping Centre - Photo: Golden Bablyon Rostokino, Moscow, Russia, Shopping Centre

Immofinanz finalised takeover of Golden Babylon Rostokino in Moscow

Russia - Following the approval by the Russian antitrust authorities, the purchase of the remaining 50% of the Golden Babylon Rostokino shopping center by Immofinanz Group was finalised on 16... more...

Monday, 21. May 2012

European real estate investment volumes decline in Q1 2012 as European banking and sovereign debt crisis continues

Market Report - DTZ today released its latest European Investment Market Update. The report shows first quarter 2012 commercial real estate investment activity totalled €23.4bn, a 30% decrease on Q4 2011. This is in line with the performance recorded... more...

Monday, 21. May 2012

Coresi Shopping Center in Brasov - Photo: Coresi Shopping Center in Brasov

DTZ appoints as leasing agent for Immochan’s Coresi Shopping Center

Romania - Immochan, the real estate division of the Auchan Group, has appointed DTZ Echinox to provide leasing services for the largest project in their portfolio, Coresi Shopping Center in... more...

Monday, 21. May 2012

Segro sells UK regional assets for £204.5m to Harbert Management

UK - Segro has exchanged conditional contracts for the sale of four non-core industrial estates for £204.5 million to a fund advised by Harbert Management Corporation (Europe) LLC. more...

Monday, 21. May 2012

Befimmo launches share buy-back

Belgium - Today Befimmo announced the decision to launch a share buyback programme, as authorised by the Extraordinary General Meeting of 22 June 2011, for up to a maximum of €4.5 million. In accordance with the conditions specified by this... more...

Monday, 21. May 2012

Hercules Unit Trust signs £350 million financing

UK - Hercules Unit Trust has signed a new £350 million five year loan facility provided by Lloyds TSB Bank PLC, Metropolitan Life Insurance Company (MetLife) and The Royal Bank of Scotland plc (RBS). more...

Monday, 21. May 2012

Hammerson appoints Gwyn Burr as Non-Executive Director

UK - Hammerson plc announces the appointment of Gwyn Burr as a Non-Executive Director with immediate effect. Gwyn has over 25 years experience in the retail sector, with a particular focus on the delivery of industry-leading customer service... more...

Monday, 21. May 2012

Skanska sells City Green Court to Deka for €53.7 million

Czech Republic - Swedish property developer Skanska sells City Green Court in Prague to Deka Immobilien Investment GmbH for €53.7 million. The property will be added to the portfolio of open-ended mutual property fund Deka-ImmobilienEuropa. The... more...

Monday, 21. May 2012

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Monday, 21. May 2012

IVG: Stefan Jütte elected to Chairman of the Supervisory Board

Germany - At the Annual General Meeting of IVG Immobilien AG on 15 May 2012 in Bonn, the shareholders approved all items of the agenda by a majority. This included the formal approval of the actions of the Board of Management and the Supervisory... more...

Friday, 18. May 2012

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