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Aareal Immobilien-KAG acquires shopping centre in Finland (DE)

On behalf of the open-ended special fund, Aareal Nordic Fund, Aareal Immobilien-KAG has bought a shopping center in Finland. Seller is the Finnish based real estate investment company Querenchia.The n ...

Inmobiliaria Colonial to acquire seven Madrid office buildings for €351.7 million (ES)

Inmobiliaria Colonial SA said it has agreed to acquire seven Madrid office buildings from Mutua Madrilena for the total amount of €351.7 million. The property group said it will pay cash for 50.6% of ...

Orlando Performing Arts Center selects Hines as Development Partner (USA)

The Orlando Performing Arts Center (OPAC), a nonprofit corporation, selected Hines as their development partner during an OPAC Board of Directors meeting on Thursday, September 1. OPAC received five r ...

NCC and Lundbergs sell properties to Acta for SEK 227 million (SE)

NCC and Lundbergs are selling the Gropen 6 and Bomullspinneriet 1 properties in Norrköping to Acta for a total of SEK 227 million (approx. €25m). NCC's share amounts to 50% and the transactions will ...

AXA Investment Managers funds get AA rating (UK)

AXA Investment Managers (AXA IM) announces its European Growth, AXA Pacific Growth, AXA American Growth and AXA Global Growth funds have been awarded 'AA' ratings by Standard & Poor's (S&P). A ...

Züblin expands its group management (CH)

The Board of Directors of Züblin Immobilien Holding AG is expanding the company's group management by creating the post of Chief Operating Officer (COO). Dr. Barbara V. Stuber has been appointed to t ...

Green light for Tulipan Park warehouse project in Stryków (PL)

Grontmij Real Estate have announced that they have been granted a building permit for their Tulipan Park warehouse project. The investment is located in Stryków, near Lódz.In the first stage there w ...

Europe to have strong show at Cityscape 2005

France, Germany and Poland plan to charm Mid East investors Paris and Lyon along with Hamburg and the Polish capital Warsaw have all announced plans to woo regional investors. Pundits will get the cha ...

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