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Vastned disposes of Dutch retail properties totalling €23 million (NL)

Vastned, the European retail property fund focusing on venues for premium shopping, has sold a number of portfolios containing 21 Dutch retail properties for approx. €23 million.The disposals are in ...

Stamp duty reduction gives temporary reprieve to Irish values (IE)

The reduction in stamp duty in the Republic of Ireland, from 6% to 2%, has led to a temporary respite in the decline in Irish property values. Values grew in Q4 2011 by 0.2%, according to the SCSI/IPD ...

CBRE: CEE property investment doubles year-on-year

Commercial property investment volumes in Central and Eastern Europe (CEE) reached more than €11.2 billion by the end of December 2011 – twice the volume when compared to 2010, according to the late ...

CBRE Global Investors purchase four assets for £36 million (UK)

CBRE Global Investors announces that it has purchased four assets on behalf of a segregated account for £36.265 million (approx. €43 million).The acquisitions are: Wey Retail Park, Byfleet, for £1 ...

aik enlarges its residential portfolio by an asset with 185 units in Berlin-Spandau (DE)

Düsseldorf's aik (APO Immobilien-Kapitalanlagegesellschaft mbH) acquired a residential property with 185 home units in Berlin-Spandau for one of its real estate occupational pension funds.The real es ...

pbb Deutsche Pfandbriefbank and Landesbank Baden-Württemberg refinance MesseTurm in Frankfurt (DE)

As Joint Arrangers, pbb Deutsche Pfandbriefbank and Landesbank Baden-Württemberg (LBBW) have arranged funding of € 155 million for GLL MesseTurm KG – a Fund which is managed by GLL Real Estate Part ...

Development Securities PLC announces start on site at prime office scheme in Hammersmith Grove (UK)

Development Securities PLC announces the appointment of Wates as contractor at its 275,000 ft² (approx. 25,500 m²) prime office development in Hammersmith Grove, West London.Work on site will commen ...

-2.3% return on investment for the State Pension Fund (FI)

and lower returns on equity caused by the European debt crisis. However, towards the end of the year, the situation in the financial sector seemed to be stabilizing," says Managing Director Timo Löy ...

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