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Sponda increases holding in Ovenia Oy (FI)

Sponda has increased its holding in Ovenia Oy, which provides property management services, from 51% to 70%. Sponda has purchased Ovenia shares from Varma Mutual Pension Insurance Company, Kaleva Mutu ...

Schroder Property appoints Head of European Multi-Manager (UK)

Schroder Property has appointed Rob Bingen as Head of European Property Multi-Manager. Bingen has over 15 years experience in continental European property investments having worked at ABP and PVF Pen ...

Sonae Sierra shows H1 2007 net profit of €163.7m (PT)

Sonae Sierra's Consolidated Net Profit reached €163.7 million in the first six months of 2007, which represents a growth of 17% on the same period of last year. In consolidated terms, Sonae S ...

BayernLB structures £410m funding of Hilton Hotel portfolio (UK/DE)

As mandated lead arranger BayernLB has successfully structured the £410 million (approx. €562m) funding of a sizeable UK hotel portfolio owned by an investor group advised by Consens ...

Unibail-Rodamco: strong operating performance in H1 2007 (FR/NL)

Unibail-Rodamco's Supervisory Board convened on August 24, 2007, and reviewed the company's consolidated accounts for the first half of 2007. Scope of Consolidation On June 21, 2007, Unibail declared ...

Colliers: 10% increase in Sofia office stock in H1 2007 (BG)

There is a total stock of 606,500 m² of Class A and B office space in the Bulgarian capital Sofia, according to new Colliers International Bulgaria research. That is an increase of 10% in the ...

HSH Nordbank with strong earnings growth in real estate sector (DE)

In the first half of 2007, HSH Nordbank AG's real estate segment generated operating profit after risk provisions of €145 million, an increase of 27% over the same period one year earlier. Ne ...

ECM expands investment portfolio through double acquisition in China (CN/CZ)

ECM Real Estate Investments A.G. ('ECM') has expanded its investment portfolio through the acquisition of a retail shopping center under development in China via forward purchase, as well as an option ...

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