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Standard Life Investments launches two global REIT Funds (UK)

Property Fund Manager Standard Life Investments has announced the launch of two innovative, new global property funds aimed at institutional and retail investors in the UK and Europe. The Global REIT ...

GE Real Estate acquires German property specialty fund for €420 million (DE)

GE Real Estate Germany has acquired 100% of a German specialty property fund ('Immobilienspezialfonds') managed by by iii-investments for €420 million. The Fund's portfolio comprises 12 offic ...

Zueblin announces transactions with positive impact on vacancy rate (CH)

Züblin Immobilien has announced several positive developments in its European real estate portfolio. After its approx. €60 million (CHF 104 mln) capital increase in October 2006, Züblin has ...

Hypo Real Estate Bank completes €112m financing for purchase of office building in Paris (FR/DE)

Hypo Real Estate Bank International AG announces that it has arranged a €112 million acquisition and refurbishment financing (including a Capex VAT loan) to Compagnie Immobilière Betelgeuse, ...

Keops recommends strengthening of Supervisory Board (DK)

Keops' Supervisory Board will, as a part of the Company's strengthening of Corporate Governance, recommend the election of a number of new members for the Supervisory Board at the Annual General Meeti ...

Rodamco Europe sells Robeco-huis, Rotterdam, for approx. €75 million to KanAm Grundinvest (NL)

Rodamco Europe N.V. has announced the divestment of the office building at Coolsingel 120 in Rotterdam, the Netherlands - also known as Robeco-huis - to KanAm Grundinvest for an amount of approximatel ...

Foreign investors target Dutch listed real estate funds (NL)

Dutch real estate funds are expected to open up for foreign investors in 2007 and foreign investors will take this opportunity to strengthen their position in them. This is one of the conclusions of a ...

Sale and management-back Sofitel Hotels US (FR/US)

Accor has announced the sale of two US Sofitel hotels located in New York and Philadelphia, totaling 704 rooms, for €183 million ($255 mln.) to a joint venture comprised of GEM Realty Capital ...

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