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Halladale and Citigroup acquire Crown Glass Shopping Centre in Nailsea for €36 million (UK)

Halladale Group Plc and Citigroup Property Investors, the real estate investment arm of Citigroup, Inc. announce the acquisition for CPI's Growth and Income Strategy of the Crown Glass Shopping Centre ...

London retains title as world's most expensive location for offices (UK)

London's West End district retains its title as the world's most expensive office location in this year's edition of Office Space Across the World, a global report on office occupancy costs produced b ...

Fabege strengthens holdings in central Stockholm (SE)

Fabege has acquired Mimer 5, a property with 12,100 m² of lettable space in Vasastan, Stockholm, for approx. €38 million (SEK 380 million). The seller is Akademiska Hus. The transfer ...

Pramerica Real Estate Investors develops Mövenpick Hotel in Düsseldorf (DE)

Pramerica Real Estate Investors on behalf of ist open ended fund TMW Immobilien Weltfonds has acquired a project development in Düsseldorf. At the end of 2008 a four star Mövenpick hotel will be bui ...

Qatari Diar Real Estate Joint Venture with Northcourse and Sotheby's

Qatari Diar, a regional leader in sustainable real estate development, and NorthCourse, a global leisure real estate consulting and asset management company, have signed a joint venture partnership ag ...

Hines acquires Two MacArthur Ridge in Dallas (US)

Hines has announced the acquisition of Two MacArthur Ridge, a six-story, 247,000-ft² office building located on a 7.5-acre site in the Las Colinas submarket of Dallas. Two MacArthur Ridge was ...

ING Real Estate Finance closes US$66.9m financing with Redrock NoHo Residential LLC (US)

ING Real Estate Finance (USA) LLC successfully closed a US$66.9 million first mortgage acquisition loan to Redrock NoHo Residential LLC, a joint venture comprised of affiliates owned and contr ...

IVG has successfully placed convertible bonds (DE)

IVG Immobilien AG has successfully placed convertible bonds with a maturity of 10 years and a placement volume of €400 million. Due to strong demand the transaction was five times oversubscri ...

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