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Befimmo purchases shares of Ringcenter, owner of the Pavilion complex (BE/DE)

On January 27, 2011, Befimmo reached agreement with the German fund company SEB Investment GmbH for the purchase of the shares of the Ringcenter SA, owner of the 'Pavilion' complex, at €55.3 million. ...

Ogmios Group sells Baltic Logistics City (LT)

Lithuanian real estate developer Ogmios Group sold yet another major development to its final user. Baltic Logistics City (BLC), a 13-ha project that includes 25,838 m² of grade-A warehouses (complet ...

Niam Nordic V completes first close (SE)

The Swedish private equity firm Niam has completed the first closing of its fifth opportunistic real estate fund Niam Nordic V, having raised €125 million of capital from mainly North American and Eu ...

CORESTATE Group completes sale of €39 million residential portfolio in Berlin (CH/DE)

CORESTATE Group has completed the sale of a Berlin-based residential portfolio to Zentral Boden Immobilien AG ('ZBI') for €39 million. Comprising 894 apartments located in the districts of Britz and ...

ProLogis confirms ongoing discussions regarding strategic combination with AMB (US)

ProLogis (NYSE: PLD) announced on January 26, 2011, that it and AMB Property Corporation (NYSE: AMB) are in discussions regarding a potential merger of equals, in which the two companies would combine ...

Colliers: 2011 will mark the upswing of the real estate market in Bulgaria (BG)

The expected improvement of Bulgaria's macro- and microeconomic indicators in 2011 will lead to an increase in real estate transactions across all market segments, according to Colliers International' ...

DTZ: 2010 was exceptionally successful for the Czech logistics and industrial market (CZ)

"In 2010 overall gross take-up reached 785,200 m², which is an increase of 118% compared to 2009 and second highest result after 2007," says Lenka Šindelářová, analyst at DTZ. Net take-up ...

Meyer Bergman and NEINVER secure prelet to INDITEX at Galeria Katowicka (PL)

Meyer Bergman and NEINVER have concluded a lease agreement with INDITEX Group for nearly 4,000 m² of retail space in Galeria Katowicka. The gallery's first floor will feature stores by ZARA, Pull and ...

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