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Hines REIT acquires Airport Corporate Center in Miami (US)

Hines has announced that Hines Real Estate Investment Trust, Inc. (Hines REIT) has acquired Airport Corporate Center from GE Asset Management. Hines is the sponsor of Hines REIT, and is responsible fo ...

CLS Holdings announces sale of Lövgärdet in Sweden (UK/SE)

The Board of CLS Holdings plc has announced that it has sold the whole of its mixed residential and commercial complex at Lövgärdet, Gothenburg for a total price of SEK547 million (€63.3 ml ...

Eurisko advised Phoenix Real Estates on the sell of Mercury Logistics Park (RO)

Eurisko, the leader of Romanias real estate consulting market, announces that Phoenix Real Estates sold at the end of last year the industrial project, Mercury Logistics Park, to Helios Properties, a ...

Bouwfonds books record results for 2005 (NL)

In 2005 Bouwfonds achieved a net profit of €314 million, a 16% increase in comparison to the figure for 2004 (€271 million). The rise in net profit was mainly due to further growth ...

CGS reinforces its management (DE)

Commerz Grundbesitz-Spezialfondsgesellschaft mbH (CGS) has reinforced its Management, which now includes Dr. Philipp Freiherr von Wilmowsky (34) and Alexander Tannenbaum (39). Both of them joined the ...

Hypo Real Estate Bank finances Gehag GmbHs acquisition of a residential portfolio in Berlin (DE)

The Hypo Real Estate Bank AG, Munich, has financed the acquisition of a real estate portfolio with approximately 5,300 residential units and five retirement and nursing home properties by Fortimo GmbH ...

Citycon acquires Tullintori Shopping Centre in Tampere (FI)

Citycon Oyj has purchased Tullintori Shopping Centre in the Tampere city center from Suomen Osuuskauppojen Keskuskunta. The acquisition comprises 57.4% of the shares in the real estate company Kiintei ...

Ireland set to outperform the UK in 2005 (IRE)

Irish commercial property delivered total returns of 24.3% in 2005, according to the SCS/IPD Irish Index, ahead of equity returns at 21.7% and bonds at 8.0%. This is the highest level of total return ...

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