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Züblin reports significant increase in net income (CH)

The Züblin Immobilien group has reported a 70% increase in net income for the financial year ended 31 March 2007. Net income rose to CHF 39.7 million (approx. €22m), Group earnings per share ...

Hypo Real Estate completes €42m financing in Madrid (ES/DE)

Hypo Real Estate Bank International AG, a member of Hypo Real Estate Group, announces that it has provided a €42.0 million senior financing facility and a €3.4 million VAT facility t ...

Credit Suisse expands Asia ex-Japan Cash Equity sales franchise (CH)

Credit Suisse has announced the expansion of its Cash Equity sales franchise for Asia ex-Japan with the appointment of 20 country- and product-specific specialists. The Bank has appointed Mark Sandefo ...

Radisson SAS Sharjah awarded leading resort at WTA (UAE)

For the fourth consecutive year the Radisson SAS Resort Sharjah was awarded the emirate's leading resort at the recently held World Travel Awards (WTA) in Abu Dhabi. ...

IMMOEAST finalizes two new large investments in Warsaw (PL/AT)

IMMOEAST is expanding its real estate portfolio in Poland further. Two major investments totalling a volume of €63 million were finalized recently in top business locations in the capital cit ...

Luis Fernando Correa Bahamon elected World President of FIABCI

Luis Fernando Correa Bahamon from Colombia was elected World President of the International Real Estate Federation FIABCI at the Federation's 58th World Congress which took place from May 26 to June 2 ...

Sterling American Property and Hines acquire Sacramento office property for $130m (US)

Sterling American Property Inc., in a joint venture with Hines, has announced the $130 million (approx. €162 mln) acquisition of 300 Capitol Mall in Sacramento, CA. ...

UBM and Warimpex increase their stakes in InterContinental Warsaw Hotel (AT/PL)

UBM Realitätenentwicklung AG and Warimpex Finanz- und Beteiligungs AG signed a purchase agreement on 14 June 2007, giving each of them an additional 16.67 % stake in the InterContinental Warsaw Hotel ...

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