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GRDC raised $105 mln. institutional equity prior to seeking stock exchange listing

Leading Georgian property developer, THE GEORGIAN RECONSTRUCTION AND DEVELOPMENT COMPANY (GRDC), has closed a US $105 million (approx.

Luxembourg development projects for Union Investment fund completed (LU/DE)

Union Investment announces that two of its Luxembourg development projects, L'Unico and Pixel, have been completed. Acquired in 2006 for the open-ended real estate fund UniImmo: Europa (ISIN: DE000980 ...

Eurohypo funds project for Coperfil in Andalucia (ES/DE)

Coperfil Real Estate Group has received an important loan from the Eurohypo AG to finance the development of a retail park in Andalucia (south Spain). The German bank, which will lend €33 mil ...

Commerz Real sells office complex in Lyon (DE/FR)

Commerz Real AG just sold the "Le Danica" office complex in Lyon out of the portfolio of the CGS-Immo-Spezial fund managed by Commerz Real subsidiary Commerz Grundbesitz-Spezialfondsgesellschaft mbH ( ...

HSH Nordbank to finance Evans Randalls €240m office investment in Brussels (BE/DE)

HSH Nordbank AG will finance purchase of the Covent Garden office complex in Brussels by London-based Randall Investment Management Ltd. The finance volume amounts to about €240 million. The ...

Marks & Spencer to anchor Eastgate Quarters retail scheme in Leeds (UK)

Hammerson plc and Town Centre Securities plc have agreed terms with Marks & Spencer to anchor their proposed 140,000 m

INREV study shows non-listed property funds fees steady (NL/EUR)

Management fee levels for non-listed funds have not risen significantly in the last five years despite a tightening investment market, according to a new research report from INREV. The INREV Manageme ...

Hypo Real Estate publishes preliminary full-year figures for 2007 (DE)

Hypo Real Estate Group recorded a positive operating performance in its core business segments in 2007, having entered into a new phase of its corporate history with the acquisition of DEPFA BANK, com ...

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