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Pandox acquires Hotel Berlin with 701 rooms (SE/DE)

Pandox acquires the hotel property Hotel Berlin including the operation and will take over the business on 1 June 2006. Pandox strategy is to run the hotel under Pandox management under a well-known b ...

Hilstone Corporation sells portfolio for €120.3 million (UK)

Hilstone Corporation Limited have exchanged contracts on a portfolio of 10 properties for €120.3 million to joint partners RREEF UK Property Venture Fund 3 and Landid. The portfolio totals 52 ...

Pirelli RE and Calyon buy €195m portfolio of NPLs from BPVN (IT)

Pirelli RE and Calyon SA have announced the purchase of a portfolio of non-performing loans from Banco Popolare di Verona e Novara. The loans have a gross book value of approximately €195 mi ...

Von der Heyden Group invests in the heart of Gdansk Old Town (PL)

Von der Heyden Group has announced that after Grand Hotel Lublinianka in Lublin and Andersia Tower in Poznan, the company has started its new 4 star hotel development in Poland: Dlugi Targ Hotel Proje ...

ING Real Estate closes its first CMBS transaction (NL/UK)

ING Real Estate has announced that it has successfully closed its first collateralised mortgage-backed securities (CMBS) transaction via LEO (UK) CMBS No.1 plc. The £182.75 million (&#012 ...

Citycon to build a retail center in Kaarina (FI)

Yesterday, Citycon agreed with YIT Rakennus Oy to build a new retail center in Kaarina, five kilometres from downtown Turku, in the district of Piispanristi which is occupied by other retailers as wel ...

Fabege acquires property in central Stockholm (SE)

Fabege has agreed to acquire Lammet 17 (leasehold), a property in central Stockholm, for approximately €20 million (SEK 205 million). The building, which dates from 1982, is located at the j ...

Fortis recommences real estate brokerage activities (BE)

Fortis is about to recommence brokerage activities for real estate investment funds. With this in mind, Fortis recently took on two very experienced real estate analysts, Matthijs Storm and Frank Jans ...

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