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St David's 2 development in Cardiff city center gets Council approval (UK)

The revised outline planning application for the St David's 2 development in Cardiff city center has been given the go-ahead by the Council's Planning Committee. This decision now means that the £535 ...

The Carlyle Group announces sale of six properties in Italy for approx. €100 m (IT)

The Carlyle Group has announced that it has completed the sale of six buildings in Italy for approximately €100 million. The buildings were part of the Poseidon portfolio of 230 assets. In November 2 ...

Simon Property Group's Phipps Plaza enters into marketing alliance with GM (US)

Simon Property Group has announced a strategic alliance between Phipps Plaza, Atlanta's premier upscale shopping destination, and General Motors' Cadillac division. The program, which will utilize Atl ...

Citycon expands to Estonia, acquiring Tallinn's Rocca al Mare Shopping Centre (FI)

Citycon Oyj specialising in retail premises, has today acquired the Rocca al Mare Shopping Centre in Tallinn, the capital of Estonia. Citycon also acquired the neighbouring land with city planning for ...

Nominations announced for first edition of Scope Awards (DE)

The rating agency Scope has announced the nominations for the first edition of the "Scope Awards". A total of 60 companies in 20 categories will be judged by the jury of the Scope Group. The awards wi ...

Aedes to adopt IAS/IFRS in first half-year report as of 30 June 2005 (IT)

Aedes has announced that it will adopt the International Accounting Standards IAS/IFRS in the the first half-year report as of 30 June 2005.Aedes communicates that, pursuant to art. 82bis of Consob re ...

Aareal Bank Group finances two projects in France (FR)

Aareal Bank Group finances two major loans for projects in the Paris area. Together with the French investment bank Calyon, the international property banking group provides €218 million for the acqu ...

NORD/LB sells NILEG Immobilien Holding (DE)

NORD/LB Norddeutsche Landesbank is parting with its real estate and property development arm, selling NILEG Immobilien Holding in its entirety to the Fortress Investment Group. A contract of sale to t ...

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