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The Property Council / IPD Australian Index - $76.4 bln and growing (AU)

Australian Direct Property continues to deliver solid returns with reported performance recorded at 16.9% for March 2007. Composite property returns have dipped slightly from the 18 year high levels r ...

Prupim buys future Lufthansa HQ in Cologne (DE/UK)

Prupim has entered into a commitment to purchase the development of a new headquarters for Lufthansa in Cologne, Germany. The development was purchased from CommerzLeasing and Immobilien AG on behalf ...

LaSalle sells office building in Paris (FR/UK/IE)

LaSalle Investment Management has announced the sale of a prime property office building in Paris on behalf of one of its funds, LaSalle European Growth II, to Goodbody Stockbrokers in Ireland. The pr ...

Citycon acquires shopping center in Tallinn (EE/FI)

Citycon has agreed to acquire the shopping center Magistral, located in the Mustamäe district of Tallinn, for approximately €16.5 million. Magistral, constructed in 2000, has a leasable area ...

GE Real Estate acquires logistics project near Barcelona (ES)

GE Real Estate Iberia has signed an agreement to acquire a logistics project from Llonch Associats for approximately €80 million. Llonch Associats is developing the scheme in the town of Vila ...

Europe Real Estate organizes REITs panel at Provada (NL)

On Tuesday June 12, 11:00-12:30 hours (conference room N), Europe Real Estate organizes a panel discussion on the actual situation of REIT regimes in Europe. REITs are the strongest growing investment ...

Commerz Grundbesitz acquires office building in Milan (IT/DE)

Commerz Grundbesitz Group (CGG) has invested approximately €60 million in an office building located in the north of Milan. The property is earmarked for the Group's open-end property retail ...

EPRA appoints Philip Charls as new CEO (NL)

The European Public Real Estate Association (EPRA) has appointed Philip Charls (58), currently General Manager of the Dutch Chamber of Commerce for Belgium and Luxembourg, as its new Chief Executive O ...

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