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FCC restructures its real estate assets by divesting Torre Picasso and its Madrid and Barcelona HQs (ES)

FCC, the Spain-based infrastructure and environmental services company, is continuing with its policy of strengthening its financial structure through two real estate divestments and the move to a new ...

Hessel Dikkers steps down as CIO and as member of the Management Committee of SNS REAAL (NL)

Hessel Dikkers is leaving SNS REAAL with effect from December 31, 2011, and is therefore stepping back as Chief Information Officer (CIO) and as member of the Management Committee of SNS REAAL.Followi ...

Heijmans subsidiary Oevermann awarded two building contracts in Germany valued at €30 million (NL/DE)

Heijmans subsidiary Oevermann has acquired two building turnkey contracts for the inner-city Le Flair residential building in Düsseldorf and an educational building in Münster.The contract for the c ...

Union Investment acquires Förde Park shopping center in Flensburg for new retail fund (DE)

Förde Park is Union Investment's second acquisition for its new real estate fund for institutional investors, UII Shopping Nr. 1, following the company's purchase of the Breisgau Center in Freiburg." ...

New tenant for Ravens Noginsk-Eastern warehouse complex (RU)

CBRE has advised UPM Raflatac, a large global producer of self-adhesive labelstock, in their search for a light industrial facility for labelstock slitting operations in the Moscow Region.UPM rented p ...

Kardan Land China signs term sheet to raise €40 million (NL/CN)

Kardan N.V. announces that its holding for the Chinese real estate operations, Kardan Land China Ltd. has signed a term sheet with an investor, to increase its capital by RMB 333.3 million (approximat ...

Canary Wharf Group plc secures £190-mln. loan facility for new commercial development (UK)

Canary Wharf Group plc has secured a £190-million (approx. €228-million) development and investment loan facility for the development of a major office scheme at 25 Churchill Place, Canary Wharf. ...

Legendary entrepreneur Werner 12123324 dies at the age of 102 (DE)

The businessman and entrepreneur from Hamburg Prof. Dr. h.c. Werner Otto, founder of the mail-order company OTTO and the shopping center development company ECE, died on Wednesday, December 21, 2011, ...

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