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Hines and CalPERS to invest €183m in Spanish residential market through new fund (ES/US)

Hines, the international real estate firm, and the California Public Employees' Retirement System (CalPERS), have announced the formation of HCS Interests LP. This new fund – dedicated to the Spanish ...

Homburg Invest purchases four large commercial properties in the Netherlands (NL/CA)

Homburg Invest Inc. (Euro next Amsterdam: HII, TSX: HII.A and HII.B) has completed its purchase of four large commercial properties in The Netherlands. The acquisition was originally announced in Nove ...

Cordea Savills to launch Italian Opportunities No.1 (UK/IT)

Cordea Savills, the property fund manager, has secured a cornerstone European institutional investor to launch Italian Opportunities No.1. The venture will target 20% per annum net returns and is suit ...

FADESA to invest €300m in residential and tourist complex in Marrakech (ES/MOR)

FADESA is set to build a high standing large scale residential and tourist complex in the exclusive Palmeral area of Marrakech, a new project which will consolidate the company as one of the leading i ...

Andrea Wöge new head of Communication / Marketing department IVG (DE)

Andrea Wöge (40) is to assume management of the Communication / Marketing department at IVG Immobilien AG beginning 1 July 2006. She thus succeeds Thomas Rücker (39), who is leaving the company on h ...

Citycon acquires Jakobsberg shopping center in greater Stockholm area (SE/FI)

Citycon has signed an agreement to purchase the entire stock of BHM Centrumfastigheter AB, which owns 100% of the Jakobsbergs shopping center in the municipality of Järfälla, Greater Stockholm Area, ...

British Land acquires Partner's Share of BL Davidson Ltd. (UK)

The British Land Company PLC has exchanged contracts to acquire the outstanding 50% ownership of the BL Davidson joint venture. British Land is purchasing for approximately €340 million (app ...

Larry Smith signs two important management contracts (IT)

Larry Smith Italia has been appointed property manager of two prestigious Italian shopping centers: [8] Gallery in Turin and Romaest in Rome. [8] Gallery Shopping Centre, in Turin, has a total g.l.a. ...

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