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Property loan defaults 'set to surge' (UK)

Bad debts from loans to non-listed commercial and residential developers could increase as much as 50% this year as property markets continue to struggle, according to property consultants EC Harris.A ...

First international acquisition Nieuwe Steen Investments (NL/CH)

Nieuwe Steen Investments n.v. has reached agreement with a Swiss seller on the acquisition of shopping center Herti in Zug, Switzerland, at a purchase price of CHF 35.1 mln. (approx.

Madison Residence by DAMAC Properties unveiled at downtown Dubailand (UAE)

Luxury lifestyle provider and the region's largest private sector master developer, DAMAC Properties, today unveiled Madisson Residence at Majan - in downtown Dubailand. Located at the heart of Emirat ...

New Deputy CEO for SPDE (NO)

Scandinavian Property Development ASA (SPDE) has announced that Mona Ingebrigtsen will become Deputy Chief Executive Officer (Deputy CEO) for SPDE from February 15th, 2008.Ingebrigtsen is a member of ...

Brixton buys two new assets in Heathrow for a total of over £71m (UK)

Brixton plc has announced the purchase of two separate investments in its core Heathrow market for a total amount of more than

Tishman Speyer acquires Bristol-Myers Squibb HQ in Paris (FR/UK)

Tishman Speyer has exchanged contracts for the acquisition of Le Cristalia, a 22,000-m² office building in Paris from Bristol-Myers Squibb. This transaction is the second acquisition complete ...

Unibail-Rodamco to purchase 140,400-m² in Shopping City S

Unibail-Rodamco has announced that it has signed a Memorandum of Understanding with the Hans Dujsik Privatstiftung regarding the intended sale and purchase of 140,400 m² in Shopping City S

Homburg announces Baltic property acquisitions (EE/LV/LT/CA)

Homburg Invest Inc. has finalized its acquisition of the "Baltic" portfolio consisting of 54 properties located in Estonia, Latvia and Lithuania from SEB Group. The transaction was previously announce ...

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