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German investor trio to develop Germanys biggest inner-city shopping center (DE)

Hamburg-based DIFA Deutsche Immobilien Fonds AG has become a co-investor in Limbecker Platz (Essen, Germany) by acquiring a 60% holding in the project company behind the development. The other partner ...

Multi Development continues as an investing developer (NL)

AM Development and AM Vastgoed are changing their names back to Multi Development and Multi Vastgoed. Their new financial partner is one of the renown Morgan Stanley Real Estate Funds (MSREF). As an i ...

Minerva signs conditional contracts for acquisition of 75-89 Lancaster Gate, London W2 (UK)

Minerva plc, the FTSE 250 property company, announces today that in a joint venture with Northacre plc, they have exchanged conditional contracts for the acquisition of the share capital of Cambulo La ...

Capital & Regional signs contracts with Asda to take space on 400,000 sq ft retail park (UK)

Capital & Regional plc, the co-investing property asset manager and developer of the planned Capital Retail Park at Leckwith, has announced that it has signed contracts with supermarket chain Asda ...

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 ...

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