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Christof Schörnig resigns from Management Board of Aareal Bank (DE)

Aareal Bank has announced that Christof M. Schörnig has resigned as a member of the Management Board with effect from 8 August at his own re-quest to pursue new career options elsewhere. His departur ...

IMMOEAST buys office property in Prague for €110m (CZ/AT)

IMMOEAST has purchased the Gamma office property in Prague. The property in the BB Centrum office complex provides 42,800 m² of floor space and is leased to telecommunications giant Telefonic ...

Land Securities sells Greater London House to Lazari for £165m (UK)

Land Securities has exchanged contracts for the sale of Greater London House, Hampstead Road, London NW1 to Lazari Investments for approximately £165 million (approx. €225 million).T ...

LaSalle sells prime office building in Stockholm for €123m to GIC (SE/UK)

LaSalle Investment Management has announced that it has sold Kungshuset, a prime office building in Stockholm, for SEK 1.13 billion (€123 million), on behalf of LaSalle Euro Growth Fund II. ...

Cordea Savills seals 3 deals in Benelux (NL/BE/UK)

Cordea Savills has completed the acquisition of two distribution warehouses and an office building for a combined price of €48 million in Belgium and the Netherlands. The acquisitions are in ...

Niam sells office portfolio in Finland to Acta (FI/SE)

Acta Kapitalförsäkring has acquired an office portfolio in Finland for €125 million from Niam Nordic Investment Fund III. The portfolio comprises five properties in Helsinki, Vantaa, Tamper ...

Multi Development UK appoints Michael O'Hagan as Commercial Director (UK)

Multi Development UK Ltd has strengthened its UK team with the recent appointment of Michael O'Hagan as Commercial Director. In his new role, O'Hagan will be responsible for overseeing all aspects of ...

GEK buys property in Borovetz resort for €19.6m (BU/GR)

Greek real estate and construction company GEK has announced that its local based subsidiary Icon Eood has acquired a 16,356-m² property in the Bulgarian Rila Mountain Resort Borovetz for &am ...

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