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Pirelli RE completes acquisition of shares in Turismo&Immobiliare (IT)

Pirelli RE has acquired an equity interest in Turismo&Immobiliare, the company that owns 49% of Italia Turismo, following receipt of Antitrust authorisation. Italia Turismo - of which the remainin ...

Hines REIT acquires 1515 S Street in Sacramento (CA)

Hines has announced that Hines Real Estate Investment Trust, Inc. (Hines REIT) has acquired the 1515 S Street office project from JB Management L.P. This is Hines REIT's most recent acquisition as it ...

HBG selected Principal Contractor on the 75 million St Stephens Development, Ferensway, Hull (UK)

HBG UK Ltd is to undertake a £75 million (€114 million) project in Hull for ING Real Estate Development UK Ltd. The St Stephens Development is a major city center retail led mixed scheme incorporati ...

The Carlyle Group enters the Spanish real estate market with Gran Via, Madrid acquisition (ES)

The Carlyle Group has announced it has made its first real estate acquisition in Spain. This marks the launch of Carlyle Real Estate Partners II into the Spanish market. The investment is the acquisit ...

Corio sells its 50% interest in office building Terminal, The Hague (NL)

Corio and Achmea Vastgoed have each sold their 50% interest in the office building the Terminal Zuid in the city center of The Hague to Bouwfonds Office Value Fund N.V. for a total amount of €31.7 mi ...

Sjælsø Gruppen A/S Acquires Margretheholm from Freja ejendomme A/S (DK)

Conditional upon a new local plan, Sjælsø Gruppen has acquired the attractively located site, Margretheholm, from Freja Ejendomme A/S. The total project value of the area is expected to be in the re ...

CB Richard Ellis Group, Inc. reports Q3 2005 (US)

CB Richard Ellis Group, Inc. has reported third quarter 2005 revenue of $744.2 million, up 29.4% over the third quarter of 2004, and diluted earnings per share of $0.74 for the third quarter of 2005, ...

OVG Projectontwikkeling signs leasing contract for Montevideo, Kop van Zuid (NL)

OVG Projectontwikkeling signed a lease for the entire 7th floor (815 m²) in Montevideo. The transaction was managed by Jones Lang LaSalle and De Mik Bedrijfshuisvesting. Montevideo is a development p ...

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