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IVG starts debt relief program according to plan (DE)

By redeeming about €120 million of the so-called SynLoan II from 2009 at the end of 2010, IVG proceeded according to plan with the execution of its earlier initiated debt relief program.This program ...

Hammerson appoints Timon Drakesmith as CFO following retirement of Simon Melliss (UK)

The Board of Hammerson plc has announced that Simon Melliss, Chief Financial Officer, will retire on June 30, 2011. Simon will be 59 in July this year, and has been with Hammerson since 1991. He was ...

REDEVCO Germany invests over €100 million expanding retail portfolio (DE)

REDEVCO Germany is rolling out an expansion strategy that aims to restructure and substantially grow its portfolio. The main thrust of the strategy is to acquire or develop city center retail building ...

CBRE: Speed of change slows for European commercial property markets in Q4 2010 (EU)

The pace of adjustment to European commercial property prime yields slowed in the fourth quarter of 2010 (Q4), contrary to larger shifts in prime value measures seen in previous years. Prime yields co ...

Alvarez & Marsal drives European expansion with two senior hires in London (UK)

Alvarez & Marsal (A&M), the global independent professional services firm, is expanding its European real estate advisory capabilities in Europe with the appointment of London-based Directors, ...

New commercial-residential project for central Ljubljana (SI)

Energocommerc E.C. is planning to start construction of a commercial-residential building in central Ljubljana. The building, which will be called 'Ellipse' because of its elliptical shape, will compr ...

UniCredit Bank and Komercni banka to provide project financing for new shopping center in Opava (CZ)

Breda & Weinstein a.s., the project company of SC Breda & Weinstein Opava, and Unicredit Bank Czech Republic a.s. together with Komercni banka a.s., have signed a project financing agreement f ...

Gazeley and Legal & General deliver new £38-mln. facility at G. Park Crick (UK)

On behalf of Legal & General Property, Gazeley, global provider of sustainable logistics space, has delivered a state-of-the-art warehouse for Butcher's Pet Care Ltd (BPC), the leading UK family-o ...

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