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German Funds buy into Sydney (AUS)

German superannuation fund Real I.S. has purchased 11-33 Exhibition Street, Melbourne for a value of $136 million, its first Australian asset. The marketing agents for the successful transaction were ...

P&K Real Estate GmbH established, a joint venture between Pirelli RE and Kronberg Group (IT/DE)

Pirelli RE and the Kronberg Group, a private property company specialised in the German market, have set up a joint venture in order to invest in Germany, with an exclusive for the residential sector. ...

Rodamco Europe signs agreement to acquire shopping center in Helsinki, Finland (NL/DE)

Rodamco Europe, the largest publicly listed property investment and management company in the retail sector in Europe, has reached a pan-European agreement with the German publicly listed property fun ...

Emaar announces record nine months net profit of AED 3.690 billion (€0,91 billion) (UAE)

Emaar Properties PJSC, the world's Number 1 real estate company by market capitalisation, today announced results for the third fiscal quarter for the period ended September 30, 2005. Net profit for n ...

Sonae Sierra takes over the management of shoppingcenter El Teler, Onteniente (ES)

Sonae Sierra will take over the management of shopping centre El Teler, in Onteniente, on the 1st of November. It's the fifth shopping centre in Spain not owned by Sonae Sierra to trust this prestigio ...

Fabege sells eleven properties for SEK 2.9 bln at a profit of SEK 500 mln (SE)

Last Friday Fabege AB has signed a contract for the sale of eleven properties to Keops EjendomsHolding, a Danish company, for SEK 2.9 billion. The sale price corresponds to a yield of about 7 per cent ...

Rugby Estates Plc: strong growth in triple net assets per share (UK)

Rugby Estates Plc, the property and asset management group, today announces results for the six months ended 31 July 2005.Highlights: * 'Triple net' assets per share up 8% at 388p (31 January 2005: ...

IVG conducts real estate transaction with Rodamco Europe of €215 million (DE)

IVG Immobilien AG is to carry out a real estate transaction with Rodamco Europe totalling €215 million, effective as of 30 November 2005. IVG will sell its share in the Jumbo shopping centre ...

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