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Aareal Bank Group remains profitable in the first quarter of 2009 (DE)

Aareal Bank Group successfully held its course during the first quarter of 2009, in a market environment that continued to be challenging. In spite of the ongoing crisis affecting financial markets an ...

Kurt Geiger secures first store in Ireland at Victoria Square, Belfast (UK)

Europe's leading luxury shoe retailer operating in over 100 locations, has selected Victoria Square as their first stand-alone store in Ireland which will open in mid-June.As well as their own highly- ...

CB Richard Ellis makes senior real estate finance appointment (UK)

CB Richard Ellis (CBRE) has announced the appointment of Robin Hubbard as Executive Director of the company's real estate finance business in a move that significantly strengthens CBRE's credentials i ...

Unilateral falls in year-on-year European capital growth, IPD says (EUR)

Every European commercial real estate market has suffered a unilateral fall in annual capital growth in 2008 compared to the preceding year, as measured by the IPD Pan-European Property Index, in a ca ...

Global prime office rents fell by an average of 4.25% in 2008 according to Knight Frank

Knight Frank's Global Real Estate Markets Review and Outlook 2009, which covers major office markets across the Americas, Europe, the Middle East, Africa and the Asia Pacific region, recorded declinin ...

David Morris appointed to head PRUPIM's development team (UK)

Leading Global Real Estate Investment Manager PRUPIM has appointed David Morris as Director of Property Development. David, who takes up the role on June 1, will be responsible for leading the develop ...

Fashion Gallery opens in Rocca al Mare (EE)

The second phase of the redevelopment of the Rocca Al Mare shopping center, owned and managed by Citycon, is now complete. Fashion Gallery, focusing on fashion and leisure retail, opened on May 7, 200 ...

Dutch property markets hover just above par at Q1, says IPD (NL)

Annualized total returns for the Dutch real estate market over the 12 months to end of the first quarter 2009 are down to 0.5%, from 2.8% the previous quarter, according to the ROZ/IPD Netherlands Qua ...

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