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Hammerson sells 148, rue de l'Université, Paris, for €84.5 million (FR)

Hammerson has sold the office building at 148, Rue de l'Université, Paris 7ème to a client of Invesco for a consideration of €84.5 million. The book value at 30 June 2009 was €97.8 million, and th ...

Catalyst Capital Partners and JER sell office property located on rue Montoyer 39, Brussels (BE)

Catalyst Capital Partners and JER, jointly owning the office property located rue Montoyer 39, in the heart of the European district of Brussels, have proceeded to its sale to a private Belgian invest ...

Pirelli Real Estate and B+L sell business premises in Hamburg to Union Investment for €60.05 mln. (DE)

Union Investment Real Estate GmbH has acquired the business premises "Geschaftshaus Ottensen" in Hamburg Altona, Ottensen district, for its open-ended real estate fund Unilmmo: Deutschland from Pirell ...

Legal & General Property acquires portfolio of 11 freehold properties for £119.5 million (UK)

Legal & General Property ("LGP") has acquired a portfolio of 11 freehold properties located in Covent Garden from ING Covent Garden Limited Partnership. The transaction was completed at a total c ...

The world's tallest building has been opened in Dubai (UAE)

The opening ceremony, held 1,325 days after excavation work started, was attended by some 6,000 guests. The Burj Khalifa was revealed to be 828 meters high, (2,716 ft) far taller than the previous rec ...

Nordea Poland enters into Pre-Lease Agreement with LANDPROP SERVICES (PL)

Nordea Bank Polska has entered into a pre-lease agreement for a built-to-suit office building in Gdynia, Poland of approximately 11,600 m² with LANDPROP SERVICES. The agreements signed are the culmin ...

Business Centre Association calls for local authorities to enter into public/private partnerships (UK)

The Business Centre Association (BCA) has called for local authorities to enter into public/private partnerships with its members to run flexible workspace or to sell off under-performing local author ...

SEB Asset Management invests €68 million to acquire a retail center with hotel (DE)

SEB Asset Management has acquired a newly-built retail center with hotel in the city center of Münster. The overall investment costs amount to approx. €68 million. Developed and sold by the Dortmund ...

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