Europa Fund II completes sale of “Hofgarten Palais”

Germany - Europa Capital LLP, the general partner of Europa Fund II, announced that, following the signing of agreements in May, completion has now taken place of the sale of “Hofgarten Palais”, Düsseldorf to Union Investment Real Estate GmbH for its open-ended property UniImmo:...
Friday, 30. July 2010

Henderson Global Investors launches German Retail Income Fund

UK/Germany - Henderson Global Investors has launched the German Retail Income Fund (GRIF), a specialist property fund aimed at German institutional investors. The fund will focus exclusively on German retail parks and self-service...
Friday, 30. July 2010

Consortium agrees to acquire second portfolio of BBVA Spanish property assets

Spain - A consortium of RREEF Europe, Area Property Partners and Europa Capital announced that it has completed the acquisition of a second portfolio of Spanish property assets owned by Banco Bilbao Vizcaya Argentaria (BBVA). The...
Friday, 30. July 2010

Aareal Bank prolongs partnership with EBS Business School

Germany - Aareal Bank is extending its cooperation with the EBS Business School by sponsoring real estate economics teaching and research for a further three years at the Wiesbaden location. Since 2006, Aareal Bank has been one of...
Thursday, 29. July 2010

pbb Deutsche Pfandbriefbank renewed the €600 million facility for “Tour First” tower

Germany/France - pbb Deutsche Pfandbriefbank renewed and extended the € 600 million acquisition and development financing of the “Tour First” tower in La Defense near Paris for Beacon Capital Partners (“Beacon”). The financing facility was...
Tuesday, 27. July 2010

Letting performance of storage and logistics properties in the Rhine-Main area decreases below the previous year's level

Germany - Despite the decreasing numbers in the first half of 2010 the Rhine-Main area* remains an important location for logistic companies. This indicates a new evaluation of NAI apollo. A letting performance of all market...
Friday, 23. July 2010

Union Investment enters French shopping centre market

Germany/France - Union Investment has acquired the Saint Martial shopping centre in Limoges from Unibail-Rodamco for 99 million euros. The approximately 15,000-square metre property has been added to the UniImmo: Europa open-ended real...
Wednesday, 21. July 2010

Fujitsu Semiconductor Europe GmbH lets 5,500 sqm office space in Langen

Germany - After the asset management specialist for commercial property SKIM Schüler Knedel Immobilienmanagement GmbH had only recently stitched up a new lease contract with atriga...
Wednesday, 21. July 2010

Bilfinger Berger wins major orders in Australia worth €170 million

Australia - Valemus, Bilfinger Berger’s Australian subsidiary, continues to benefit from the country's investment in transport infrastructure: The company has won two major orders for the expansion of highway sections worth a total of...
Wednesday, 21. July 2010

ProLogis signs three build-to-suit agreements in Europe

Germany/Austria - ProLogis announced today it has signed three build-to-suit agreements in Europe, totaling approximately 389,000 square feet (36,100 square meters).
Tuesday, 20. July 2010

Commerz Real appoints new member to the Management Board

Germany - The Supervisory Board of Commerzbank AG just appointed Dr. Frank Henes, aged 46, Member of the Management Board of Commerz Real AG. He will take charge of Risk Management and Information Technology functions as at 1...
Tuesday, 20. July 2010

Sustainability now part of the business model for many real estate investors

Germany - Property investors in Europe are increasingly recognising that sustainability makes financial sense. Sustainable buildings are therefore likely to account for a much higher proportion of professional European investment...
Tuesday, 20. July 2010

Strabag Group acquires facility management provider Rimex

Germany - With the acquisition of the majority interest in Rimex Group as at July 1, Strabag Property and Facility Services (Strabag PFS) GmbH continues on its growth course, expanding its service spectrum to include in-house...
Tuesday, 20. July 2010

LaSalle announces regional director promotions in EMEA

UK - Jones Lang LaSalle has announced the promotion of 16 employees across EMEA to the role of Regional Director, taking effect from 1st July 2010. After International Director, Regional Director is the second most senior management tier within the firm.
Monday, 19. July 2010

Lettings success for Internos in Germany and the Netherlands

The Netherlands/Germany - Internos Real Investors LLP, the €1.5 billion owner-managed real estate fund management business, announces that it has achieved considerable success in new lettings and lease renewals across its five funds and two...
Thursday, 15. July 2010
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