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Cofinimmo commits to acquire the shares of BEP SA (BE)

Cofinimmo Group has concluded an agreement with the shareholders of Belgian European Properties SA (BEP) by which it commits to acquire all the shares of this company before 31 March 2006. BEP SA owns ...

ING Real Estate buys property from Coop Norden for SEK4.2 bln (NL/SE)

Coop Norden has now completed the sale of property for which the preparatory work has been carried out this autumn. The purchaser is ING Real Estate. The purchase price amounted to SEK 4.2 billion. "W ...

Highest Dutch residential tower Montevideo officially opened (NL)

In the presence of future residents and tenants of leisure and office space, Montevideo, the highest residential tower of the Netherlands, was officially opened by the mayor of Rotterdam Ivo Opstelten ...

IVG acquires interest in Italian €240 mln real estate portfolio (DE/IT)

IVG Immobilien AG has acquired an interest of 50% in eleven office properties in Italy within a joint venture with the listed Italian real estate company Aedes S.p.A. The market value of the total of ...

Pirelli RE's Board approves new stock option plan for 2006-2009 (IT)

The Board of Directors of Pirelli & C. Real Estate has approved the Stock Option Plan proposed by the Remuneration Committee for the period 2006-2009. The new plan takes account of the exercise pe ...

Saski Crescent leased in 60% (PL)

Jones Lang LaSalle has announced that Saski Crescent gained three new tenants. Austrian Federal Economic Chamber - Commercial Counsellor Office of Austrian Embassy and Austrian National Tourist Office ...

Halverton buys Delmenhorst Industrial Park in Gladbeck (DE)

Halverton Real Estate Investment Management, Frankfurt, has acquired Delmenhorst Industrial Park in Gladbeck, a 100,000 m² site with 27,000 m² in warehousing space and 3,000 m² in office space. The ...

Aareal Bank sells second non-performing loan portfolio with aggregate volume of approx. €388m (DE)

Aareal Bank AG has sold another portfolio of non-performing loans, with an aggregate volume of approx. €388 million (including € 36 million in interest and fees) to Shinsei-Bank, Limited. I ...

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