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BIG wins International Competition to design Tallinn's new City Hall (EE)

An international idea contest was held for Tallinn's new City Hall in Estonia and the best concept was presented by the Bjarke Ingels Group from Denmark together with Adams Kara Taylor of the UK. The ...

German open-ended funds reopening earlier than expected (DE)

Following a number of favorable developments, the German open-ended funds (GOEFs) are set to turn the corner earlier than expected. SEB ImmoInvest fund, one of the largest funds to have temporarily cl ...

WestImmo places mortgage Pfandbrief valued at €500 million on the market (DE)

Westdeutsche ImmobilienBank AG (WestImmo) has successfully placed a

WestImmo places mortgage Pfandbrief valued at €500 million on the market (DE)

Westdeutsche ImmobilienBank AG (WestImmo) has successfully placed a €500 million mortgage Pfandbrief on the capital market. The coupon amounts to 3% and the yield mark-up is 55 basis points above swa ...

Rising public debt encouraging sales of government property assets (EUR)

Rising public debt levels in response to the global banking crisis and recession appear to be encouraging a new wave of government property sales across Europe, according to new research from CB Richa ...

Affine sells office building in Marseille (FR)

The Affine Group has just sold a building in Marseille to UFFI REAM, on behalf of one of its "SCPI", pursuant to its strategy to streamline its office property portfolio. The "Grand Ecran" has total o ...

EU money for sustainable cities in Lithuania (LT)

On 11 June, the European Investment Bank (EIB) and Lithuania agreed to set up a fund to push financing for sustainable urban development. The agreement amounts to €227 million.The money comes from an ...

Credit of more than €31 mln. for realization of Malta Office Park (PL)

Echo Investment has concluded an agreement with Westdeutsche Immobilienbank AG to the value of

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