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Rise in London commercial property investments as overseas investors flock to the capital (UK)

Central London commercial property investment transactions for 2010 totaled around £9.9 billion (approx. €11.6 billion), an increase of one-third on that for 2009 (£6.6 billion), in an encouraging ...

AEW Europe's Euroffice Fund buys office building in Berlin from Frankonia and LVM (DE)

AEW Europe´s €800-million European core fund, Euroffice, has purchased an office complex, Berlin Nordbahnhof, from Frankonia and LVM.The office asset is let to the Deutsche Bahn with a lease length ...

REDEVCO acquires three Karstadt stores (DE)

On December 31 2010, REDEVCO Services Deutschland GmbH acquired three retail properties under long-term lease to Karstadt and Karstadt Sport. REDEVCO bought the buildings, located in Hannover, Munich ...

CB Richard Ellis announces sale of landmark property in Warsaw (PL)

CB Richard Ellis Development Consultancy Team is pleased to announce that has recently represented Dom Development S.A., a leading Polish residential developer, in the sale of a landmark property in t ...

Castellum invests SEK 177 million (SE)

In the Stockholm area Castellum has acquired five properties for a total of SEK 137 million (approx. €19.7 million) through the wholly-owned subsidiary Fastighets AB Brostaden. The properties were ac ...

IMMOFINANZ and EHL Immobilien GmbH agree to long-term cooperation (AT)

In a long-term contract, IMMOFINANZ and EHL Immobilien have confirmed their existing cooperation in the area of asset and center management for a significant portion of the real estate portfolio of th ...

Invesco Real Estate and CILOGER invest €218 mln. in German retail portfolio (DE/FR)

Invesco Real Estate, the cross-border property investment manager, and CILOGER, the French société de gestion de portefeuille, are pleased to announce the purchase of 10 newly-built retail assets in ...

Hansteen Holdings acquires Birmingham Business Park (UK)

Hansteen Holdings the investor in UK and continental European real estate, announces that Hansteen Property Unit Trust ('HPUT') has acquired Saltley Business Park, Birmingham, from LPA Receivers actin ...

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