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GECINA and Hines to develop 38,600-m² commercial building in Paris (FR)

GECINA has just signed a new partnership agreement with Hines for the acquisition of a building representing around 38,600 m², in connection with the project to redevelop Renault sites in Bou ...

ProLogis leases 59,600 m² of space at new industrial park in southern Poland (PL)

ProLogis has announced that it has leased more than 59,600 m² of distribution space at a new industrial park it is developing in Poland. Three companies have signed new agreements for space ...

RREEF closes its first investment in Bulgaria (DE/BU)

RREEF, the real estate and infrastructure investment management arm of Deutsche Asset Management, the global investment management business of Deutsche Bank, has formed a joint venture company with Wi ...

Pramerica raises $700 million for global real estate opportunity fund (US)

Pramerica Real Estate Investors has announced that it has raised approximately $700 million for its PRECO III closed-end, commingled real estate opportunity fund. The fund invests in private ...

Doughty Hanson & Co European Real Estate II closes on €560 million (UK)

Doughty Hanson has announced that it has closed Doughty Hanson & Co European Real Estate II, its second real estate fund, with commitments of €560 million. Investors in the Fund from Euro ...

Landmark €160 million re-financing for Moscow Ritz Carlton hotel (RU)

Merrill Lynch Capital Markets Bank and Germany's Aareal Bank have signed the €160 million (US$205 million) re-financing of The Ritz-Carlton Hotel in Moscow. The new credit facility fo ...

Standard Life Investments to launch UK Property Development Fund (UK)

Standard Life Investments has announced that it has commenced marketing for the proposed launch of its Standard Life Investments' UK Property Development Fund and is targeting equity of between approx ...

ProLogis leases 521,000 ft² in Dallas (US)

ProLogis has announced that is has signed two leases totaling more than 521,000 ft² at ProLogis Park Mesquite, an industrial park it operates outside Dallas. BISSELL Home Care, a leading man ...

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