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Simon Property Group names David Simon Chairman of the Board (US)

The Board of Directors of Simon Property Group, Inc. (NYSE: SPG) has announced that CEO David Simon has been named Chairman of the Board of Directors, effective as of October 25, 2007. Melvin Simon ...

IMMOFINANZ and Frankonia develop office complex at Düsseldorf airport (DE)

IMMOFINANZ has concluded a further major investment in Germany, acquiring the last available plot at Düsseldorf airport in the 'Airport City' project currently under development. Over the next two ye ...

Hines and CalPERS acquire Guaranty Bank building in Denver (US)

The Denver office of Hines has announced that it has acquired the Guaranty Bank Building in Lower Downtown Denver (LoDo). It was acquired on behalf of National Office Partners Limited Partnership (NOP ...

Office building 'Four Elements' gets into the starting blocks (DE)

For the new 'Four Elements' office building on Georg-Glock-Strasse in the Düsseldorf Kennedydamm area the starter's gun has now been fired. Even before construction started more than half the space w ...

Sjælsø sells mixed-use project in Stockholm (SE/DK)

Sjælsø Gruppen has concluded agreement with Property Group about the sale of a mixed-use project in Älvsjö, Stockholm, at DKK 475 million (approx. €59m). The project will be taken over by ...

GPT Halverton purchases commercial property in Geldern, Germany (DE)

GPT Halverton has announced that it has acquired a commercial property in Geldern, in the Rhine-Ruhr region in Germany, for the HBI fund. The property is situated in Walbecker Strasse in a commercial ...

Sponda purchases office property in Moscow for USD 47.5m (RU/FI)

Real estate investment company Sponda Plc has announced that it has purchased an office property that is currently under construction in Moscow for US $47.5 million (approx. €31m) fro ...

ALDAR announces new headquarters to be built at Al Raha Beach (UAE)

ALDAR Properties PJSC has announced that it has commenced construction of the 51,000 m² of commercial office space on its mixed-use waterfront project, Al Raha Beach. ALDAR Properties will es ...

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