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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 ...

JER and ACP raise US$321m for Marbleton Property Fund (US/RU)

Co-sponsors JER Partners, the global real estate investment arm of the J.E. Robert Companies, and Alfa Capital Partners ("ACP"), the Moscow-based private equity and real estate investment group affili ...

Banimmo launches Initial Public Offering (BE)

Banimmo, the property redeveloping company, has announced that it is launching its Initial Public Offering for new category A shares with VVPR strip (reduced advance levy). The subscription period beg ...

Metro Baltic acquires properties in Tallinn and Riga (EE/LV/UK)

Metro Baltic Horizons plc, the property investment company focused on prime commercial and residential development opportunities in the capitals of the Baltic States and St Petersburg, Russia, has ann ...

Emerging Markets Look for Mid East Retail Therapy (UAE)

More than 3,500 retail professionals participated in Retail City 2007, the three-day industry showcase for investment and development of retail real estate, which concluded recently at the Dubai Inter ...

Gecina to develop 140,000-m² logistics park in Louailles (FR)

Gecina is committed to developing a 140,000-m² logistics park for around €70 million. This development, on a 33-ha site in the Ouest Park regional activity area in Louailles (Sarthe, ...

Cordea Savills report highlights prospects for retail property in Germany (DE)

Several factors are in place to make the German retail property market an attractive proposition for investors, according to recent research by Cordea Savills, the European property fund manager. An u ...

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