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French Health Ministry rents from DEGI in Paris (FR/DE)

The property fund company DEGI Deutsche Gesellschaft für Immobilienfonds mbH has gained the French Health Ministry as a tenant for DEGI INTERNATIONAL in Paris. As from May 1, 2007, the 'Ministère de ...

Malta government and SmartCity sign final agreements for 'SmartCity Malta' (MT/UAE)

The government of Malta and SmartCity, a joint venture between TECOM Investments and Sama Dubai, have signed the final agreements to establish SmartCity Malta, at a ceremony held at the Westin Dragona ...

City within the city project Babilonas, Phase 2 in Lithuania is being built ahead of schedule (LT)

Ogmios centras, AB, one of the leading Lithuanian real estate developers, has announced that 87% of the 19,000 m² premises of Babilonas, Phase 2, a shopping center with a big entertainment zo ...

Keops sells two properties in Sweden for approx. €67 million (SE/DK)

Keops has concluded an agreement about sale of two Swedish properties at a total price of approx. €67 million (SEK 680 mln). The sale comprises a shopping center in Borlänge as well as the f ...

Multi Corporation announces appointment of new CEO Glenn Aaronson (NL)

Multi Corporation has announced the appointment of Glenn H. Aaronson (50) as Chief Executive Officer of the Company effective 1 June 2007. In his new role Mr. Aaronson will be responsible for overseei ...

CGS invests approx. €54 million in Belgian logistics property (BE/DE)

Commerz Grundbesitz-Spezialfondsgesellschaft (CGS), a subsidiary of Commerz Grundbesitz Group, signed the sales contract for a logistics property near Brussels that is earmarked for the company's EURO ...

Major lease taken up in the Breite Strasse 3HOCH5 project in Düsseldorfs banking quarter (DE)

The law firm CMS Hasche Sigle has taken up a lease on around 4,000 m² of office space in the office and retail building project Breite Strasse 3HOCH5 in Düsseldorf. The continuous growth of ...

Eurohypo closes third German Opera CMBS transaction (DE)

Opera Germany (No.3) Ltd. has issued €550 million of commercial mortgage backed securities, rated AAA & AA by Standard & Poor's and AAA by Fitch Ratings. This is Eurohypo's 15th Opera ...

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