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Aareal Bank Group publishes results for the first half of 2006 (DE)

Aareal Bank Group consolidated net income after minority interests was € 51 million for the first six months of 2006. This corresponds to an increase of €6 million – or 13% - over the same period o ...

Société de la Tour Eiffel invests in new peripherial office quarter (FR)

STE are forward funding a new office and retail project in the North East of Paris at the Porte des Lilas. The developer Nexity will retain a minority stake in the project. Porte des Lilas is the focu ...

Nordic Real Estate Partners acquires properties in Finland for €24 million (FI)

Nordic Real Estate Partners (NREP) has acquired four retail and logistics/warehouse properties and in addition signed a pre-contract for a new development of a logistics terminal with one of its strat ...

Deutsche EuroShop purchases shopping center in Gdansk (PL/DE)

Deutsche EuroShop has acquired a 74% interest in the Galeria Baltycka in Gdansk, Poland. The proportional investment volume amounts to around €123 million, with an initial yield of 6.8%. As a ...

Hines and Bell Family to develop mixed-use development in North Carolina (US)

Hines, the international real estate firm, has announced that it has formed a joint venture with the Bell Family of Southern Pines, North Carolina, to develop Pine Needles Village, a 550-plus-acre mas ...

VastNed Offices/Industrial acquires office building in Utrecht for €25.6 million (NL)

VastNed Offices/Industrial has acquired an office building on 650-698 and 700-748 Arthur van Schendelstraat in the center of Utrecht, the Netherlands, for €25.6 million at a net initial yield ...

Simon's Chelsea division opens Round Rock Premium Outlets (US)

Chelsea Property Group, a division of real estate retail developer Simon Property Group, Inc., opened Round Rock Premium Outlets(R) yesterday morning in Round Rock, Texas. Located just 20 minutes nort ...

Homburg Invest Inc. announces corporate reorganization of Senior Management (CA)

Homburg Invest Inc. has announced that with the planned retirement of Ira MacInnis, CA, Vice President Finance and CFO on September 30, 2006, the Board of Directors on August 3, 2006, approved a corpo ...

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