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Erdland new member of HSH Nordbank Supervisory Board (DE)

Dr. Alexander Erdland has been a member of the Supervisory Board of HSH Nordbank since August 1, 2011. He takes over the position of Dr. Hans Reckers, who has been Managing Director of the Association ...

London & Stamford acquires Tesco distribution unit in Harlow (UK)

London & Stamford Property Plc announces that it has exchanged contracts to purchase a distribution unit in Harlow for £22.9 million (excl. costs) (approx. €26.3 million), reflecting a property ...

Kulczyk Silverstein Properties makes first investment in Poland (PL)

Kulczyk Silverstein Properties (KSP) has purchased the Stratos Office Center, located in the central business district of Warsaw, from Pramerica Real Estate Investors. KSP plans further acquisitions i ...

Sonae Sierra records Net Profit of €13.2 million in H1 2011 (PT)

Sonae Sierra, the international shopping center specialist, presented a Net Profit of €13.2 million in the first half of 2011, which compares with €648,000 in the same period of 2010.The positive va ...

IPD: Positive growth in the UK secondary market yet to emerge (UK)

Signs of the long sought after recovery in the secondary market have continued to elude investors in the second quarter of 2011, according to the IPD UK Quarterly Property Index. Total return for the ...

Allianz makes strategic real estate investment with Archstone in the US multi-family sector (DE/US)

Allianz Real Estate has launched a strategic real estate investment with Archstone in the US multi-family sector, starting with co-investments in two class-A apartment communities. The Allianz investm ...

Swiss Life buys five more care facilities from HOCHTIEF Projektentwicklung (DE)

HOCHTIEF Projektentwicklung has sold five care facilities for a total of 309 seniors requiring care in Lahnau, Schwalbach, Heusweiler, Burladingen and Altenmünster to the life assurer Swiss Life. It ...

HSBC appoints CBRE as global property advisor for 72 million-ft² portfolio

CB Richard Ellis Group, Inc. has announced that it has been appointed by HSBC to serve as Global Strategic Property Portfolio Manager and Regional Transaction Partner in the Europe, Asia, North Americ ...

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