Herald makes €30 million retail warehouse park acquisition in Giessen

Germany - Henderson Global Investors’ €900 million pan-European retail property fund, Herald has acquired the Real Hypermarket & Gallery, a retail warehouse park in Giessen, Germany for approximately €30 million from the Metro...
Thursday, 11. March 2010

Construction starts of Klimt House apartment building in Warsaw

Poland - Echo Investment begins realization and sale of apartments of the residential project Klimt House located at Kazimierzowska street in Warsaw.
Wednesday, 10. March 2010

Cullen Property secures £1m annual rent in one week

UK - Around £1m in annual rent has been secured in just one week as a result of Cullen Property’s recent student viewings, with 68 of the 80 available properties already let for the 2010-2011 academic year.
Wednesday, 10. March 2010

Gagfah S.A. delivers another year of solid results

Luxembourg - Gagfah S.A. today announced its financial results for 2009. William Joseph Brennan, CEO of Gagfah S.A.'s German subsidiaries: "Gagfah has delivered another year of solid results, on target with our expectations. Full year 2009, Gagfah's core Funds from Operations (FFO)...
Wednesday, 10. March 2010

LaSalle announces appointment of Andrew Gardiner to its National Office Agency team in Manchester

UK - Jones Lang LaSalle today announced that Andrew Gardiner is to join its National Office Agency team based in Manchester. Andrew will work alongside Trevor Sloan, head of office agency in Manchester. He replaces Richard...
Wednesday, 10. March 2010

AMB leases 142,000 SF in London development project

UK - AMB Property Corporation today announced it has leased approximately 142,000 square feet (13,200 square meters) in its AMB East London Distribution Park. This new lease, to a FTSE 100 company, brings the two-building park to 100 percent leased.
Wednesday, 10. March 2010

Terrace Hill acquires two new sites for supermarket developments

UK - Terrace Hill Group has exchanged conditional contracts to acquire two new sites for supermarket developments, located in Sunderland and in Whitchurch, Shropshire, and also submitted a planning application to redevelop...
Wednesday, 10. March 2010

VastNed Retail acquires high street shop on Istiklal Caddesi in Istanbul

Turkey - The pan-European retail property fund VastNed Retail has acquired a high street shop at Istiklal Caddesi 85 in Istanbul.
Wednesday, 10. March 2010

Positive forecasts for commercial real estate market in Poland

Poland - Cushman & Wakefield’s latest report on the real estate market Marketbeat – Spring 2010 presents an analysis of the office, retail, industrial, hospitality and residential markets as well as the investment market in Poland...
Wednesday, 10. March 2010

Colworth Science Park lays foundations for new enterprise hub

UK - Construction work is underway on The Exchange - a new enterprise hub at Colworth Science Park, Bedfordshire, which is being developed by Unilever and leading research and...
Tuesday, 09. March 2010

WestImmo wins CEE Real Estate Quality Award for Banking & Financial Services 2009

Germany - Westdeutsche ImmobilienBank AG (WestImmo) is proud to have won the CEE Quality Award in the “CEE Real Estate Banking & Financial Services” category.
Tuesday, 09. March 2010

angelo Hotel Katowice opens

Poland - Real estate developers Warimpex and UBM and hotel management firm Vienna International have opened their sixth angelo design hotel after Prague, Bucharest, Munich, Pilsen and Ekaterinburg: the angelo Hotel in Katowice,...
Tuesday, 09. March 2010

GWB Immobilien announces capital increase

Germany - With approval given by the Supervisory Board on 09.03.2010, the Management Board of GWB Immobilien AG has passed a resolution to increase the share capital of the company by up to €650,000 from the current level of €6,525.000 to up to €7,175.000 using some of the...
Tuesday, 09. March 2010

Cordea Savills appoints Helen Soult to the Charities Property Fund

UK - Cordea Savills has appointed Helen Soult as Assistant Portfolio Manager for the Charities Property Fund. Focusing on asset management, Helen will report to Harry de Ferry Foster, Director of Investment at Cordea Savills.
Tuesday, 09. March 2010

Launch of Scarborough Development Group

UK - A new property development and investment group has been launched following the £37 million acquisition of a portfolio of retail development sites, principally in the North-West.
Tuesday, 09. March 2010
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