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

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...

UK - Central Europe continues to play a significant role on the industrial real estate map, and despite the rebalancing of the global economy, the market saw a number of major transactions; last year, around 1.5 million square...

Germany - ECE was honored at the CEE Real Estate Gala in Warsaw with the Green Initiative Award 2009. The international top-class jury justifies its decision with the high ecological standards already applied in ECE’s shopping centers as well as the company’s efforts to make...

Germany/Spain - Invesco Real Estate announces that it has secured two additional assets for a pan-European fund in Munich, Germany and Madrid, Spain for a total investment of c. €80m.

UK - Signs of recovery are visible in some European housing markets, especially in sales levels and prices, says the latest RICS European Housing Review launched today in Brussels (2 March 2010).

Germany - Dublin-based Depfa Bank plc, a subsidiary of Hypo Real Estate Holding AG (HRE), has determined that its Tier 1 issuing vehicle Depfa Funding IV LP will not make payments on its € 500 million Preferred Securities...

Germany - During Ecobuild, the world’s biggest and most important event for sustainable design, construction and the built environment, in London on Wednesday March 3, Mr. Arco...

Germany - The former Saar-Galerie in Saarbrücken is celebrating its topping out ceremony: in the presence of the Lord Mayor, Charlotte Britz, the builders placed the topping out corona on the shell construction in Saarbrücken’s inner city on March 3. On this occasion, the investor...

Germany - Despite the weak economy, Berlin Hyp continued its positive development in the financial year 2009 and considerably improved profitability. Pre-tax profits increased by 36.6 % on last year to € 78.3 million. At € 58.9...

Germany - CB Richard Ellis has been appointed by Quinlan Private to manage the 32,441 sq/m Neumarkt Galerie in Cologne. The centre is anchored by Karstadt Sports and is famous for its striking architecture.

Germany - RREEF Investment GmbH has announced that the acquisition of the office building “Park Tower” in Frankfurt/Main has been completed today. The property had been purchased from a Morgan Stanley fund at the end of December 2009 at a cost of around €123 million for the...

Germany - alstria office REIT-AG successfully managed to strengthen the balance sheet and to keep revenues and funds from operations (FFO) in line with the guidance in 2009. By...

Germany - The two halves of the year 2009 were as different as can be for TAG. After the CEO changeover at the end of the first half, the management decided for reasons of transparency to simultaneously adjust the value of the properties by EUR -15.3 million and of the discontinued...

Germany - Colonia Real Estate AG in line with the preliminary figures for 2009 expects consolidated income after taxes to be well back within the profit zone at EUR 9.0 million (previous year: EUR -82.9 million). While the previous year's income was burdened by impairments on the...