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IVG returns to profitability in third quarter of 2011 (DE)

IVG Immobilien AG returned to profitability in the third quarter of 2011 with a consolidated net profit of €3.0 million after a loss of €68.8 million in the previous quarter.The value driver in the ...

Balfin MK secures finance for construction of Skopje City Mall (MK)

Balfin MK, the company developing the €70-million Skopje City Mall Project has secured agreement with a consortium of European and local banks for finance for the completion of the largest shopping c ...

CA Immo: Meininger hotel completed in Vienna (AT)

The opening of the Franz hotel on Rembrandtstrasse, part of the MEININGER chain, has been celebrated. The lease agreement for the 131-room hotel will run for 20 years. ...

JLL: Inaugural CRC Performance League Table published (UK)

The CRC Energy Efficiency Scheme (CRC) Performance League Table has been published by the Environment Agency.The Performance League Table sees participants ranked according to their early action in th ...

Norges Bank and AXA Real Estate sign an agreement to acquire prime Paris office portfolio for €290 mln. (FR)

Norges Bank Investment Management, which manages the Norwegian Government Pension Fund Global, and AXA Real Estate Investment Managers, acting on behalf of AXA France Insurance Companies, announce tha ...

Westfield agrees to sell Broadmarsh center in Nottingham and enters exclusive arrangement in south London (UK)

The Westfield Group (ASX:WDC) has announced that it had agreed to sell its 75% interest in the Broadmarsh shopping center in Nottingham in the United Kingdom for £55 million (approx. €64 million), r ...

IVG secures early extension of credit lines totaling ca. €2.0 billion (DE)

IVG Immobilien AG has made significant progress in optimizing its financial structure. Based on a binding agreement between IVG Immobilien AG and the syndicate banks, the Syndicated Loan 2009 (also kn ...

Rezidor announces the Park Inn by Radisson Amsterdam Schiphol (NL)

The Rezidor Hotel Group, one of the fastest-growing hotel companies worldwide, announces the Park Inn by Radisson Amsterdam Schiphol. The 150 rooms-property is scheduled to open in Q3 2012, and will b ...

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