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ProLogis European Properties plans to float on Euronext Amsterdam (US/NL)

ProLogis has announced that ProLogis European Properties (PEPR), a real estate investment fund that owns a portfolio of distribution facilities in Europe and is externally managed by a subsidiary of P ...

FADESA appoints Ignacio Ponce as CFO (ES)

The FADESA Group has named Ignacio Ponce as CFO, an incorporation which concludes the process to renovate the top management posts which the company began last April when Antonio de la Morena was name ...

Norgani Hotels closes acquisition of 15 hotel properties and a large congress center in Finland (FI)

Norgani Hotels ASA has closed the transaction with Finnish Kapiteeli Plc in which Norgani purchased Kapiteeli's 15 hotel properties and a large congress center for an amount of €306 million. ...

IXIS AEW Europe acquires offices in Düsseldorf for its EUROFFICE fund (FR/DE)

IXIS AEW Europe has acquired the headquarters of the German economic daily newspaper Handelsblatt in Düsseldorf for its new paneuropean EUROFFICE fund. This is the first acquisition for EUROFFICE, th ...

Kungsleden acquires retirement homes in Stockholm (SE)

Swedish property company Kungsleden AB (publ) has acquired the property Marchen 1 in Sollentuna from JM for approximately €11 million (MSEK 116). The yield based on the purchase price is calc ...

Land Securities sells EC3 offices in London for €87.7 million (UK)

Land Securities has exchanged contracts for the freehold sales of two City of London properties totalling €87.7 million. The two properties are Tower House at 38 – 40 Trinity Square, and 10 Fenchurc ...

Citycon's shopping center transaction near Gothenburg finalised (FI)

On 22 May 2006, Citycon announced the signing of an agreement to acquire all shares in Stenungs Torg Fastighets AB, the majority holder of the StenungsTorg shopping center located in the Stenungsund m ...

IVG Business Park converts to bioenergy (DE)

IVG Immobilien AG is reacting to high fossil fuel prices. The Bonn-based company is to convert to bioenergy for the supply of heat at the IVG Business Park in Ottobrunn/Taufkirchen near Munich. This w ...

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