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Rezidor to open hotel in Port Elizabeth, South Africa (ZA)

The Rezidor Hotel Group has signed a contract to manage a new Radisson hotel in Port Elizabeth, South Africa. The property with 173 rooms will be built in the upscale, busy beachfront district Summers ...

W. P. Carey names Jeffrey Lefleur Executive Director (US)

W. P. Carey & Co. LLC has announced the appointment of Jeffrey Lefleur as Executive Director. Since joining the International Investment team at its founding in 2003, Mr. Lefleur has closed nearly ...

JER Partners raises over €800m for JER Europe Fund III (US/EUR)

JER Partners, the global real estate investment arm of the J.E. Robert Companies, has completed the final closing of JER Europe Fund III, having raised €809 million. The Fund will focus on pr ...

Homburg acquires assets near Amsterdam (NL/CA)

Homburg Invest Inc. has completed the acquisition of three connected office buildings in The Netherlands. The transaction was completed at an aggregate cost of €39 million including closing c ...

Belgium retails storm ahead in 2006 (BE)

The total return on All Property in Belgium was 9.0% in 2006, a strong performance compared to the previous year, at 6.6%. Although property under-performed the Belgian equity market, which returned 2 ...

NREP continues growing its Nordic platform (FI/SE/DK)

In May Nordic Real Estate Partners (NREP) closed its 30th transaction and further strengthened its organization with the engagement of Antti Aarnio and Kari Lainio in Finland as well as Johan Åström ...

Modus to build largest retail scheme in Bucharest (RO/UK)

UK developer Modus Properties, in partnership with Nova Imobiliare, are on course to build the largest retail and leisure destination in Bucharest, Romania. The developers are planning to create 162,0 ...

Niam appoints CIO (SE)

Niam has appointed Fredrik Jonsson as Chief Investment Officer. Prior to joining Niam, Fredrik Jonsson was vice president of Skanska Commercial Development Europe. At Niam, he will be responsible for ...

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