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IPD: UK market turns, with the secondary sector teetering on the brink (UK)

Increased distressed asset sales may overwhelm the already struggling secondary sector in the UK real estate market. Prime growth was just 0.6% in the final quarter of 2011, whilst secondary assets lo ...

The Carlyle Group acquires €337 mln. Stockholm office and residential portfolio (SE)

Global alternative investment manager The Carlyle Group ("Carlyle") has acquired an office and residential led mixed use portfolio in the Nacka Strand area of central Stockholm for SEK 2.95 billion ( ...

HOCHTIEF and INTERBODEN JV sell 151 rental apartments for Düsseldorf's le flair quarter (DE)

The joint venture between HOCHTIEF Projektentwicklung and INTERBODEN Innovative Lebenswelten has sold the second construction phase of the Düsseldorf downtown residential quarter, le flair, with 151 ...

LaSalle completes sale of Wey Retail Park to ING for £12.85 mln. (UK)

LaSalle Investment Management announced that it has completed the sale of Wey Retail Park, West Byfleet, on behalf of a pension fund client. The sale to ING was agreed at a price of £12.85 million ( ...

MULTI acquires remaining 50% of ING RE shares in 2ND phase of City Center Nieuwegein (NL)

Multi Development NL has acquired the remaining 50% share of ING Real Estate acquired in the development and realization of the second phase of the expansion of the city of Nieuwegein, The Netherlands ...

Cordea Savills buys German real estate asset manager (DE)

Cordea Savills, the international real estate investment manager, has acquired International Property Asset Management GmbH (IPAM), a German real estate asset management company, for an undisclosed su ...

Israel Casanova new Country Manager for Redevco Spain and Portugal (ES/PT)

Israel Casanova has been appointed Country Manager for Redevco Spain and Por-tugal. Casanova succeeds and will report to Javier Hortelano, who was recently appointed Chief Operating Officer at Redevco ...

Catella reports transaction volume of €6.8 billion in 2011 (SE)

Catella's real estate advisory business, with operations in 10 European countries, reports a transaction volume of €6.8 billion for 2011. Catella's transaction volume in 2011 thus increased by 9.3% c ...

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