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Hypo Real Estate Bank completes SEK 2.47 bn senior financing for office portfolio in Stockholm (SE)

Hypo Real Estate Bank International is pleased to announce that it has provided senior acquisition financing of circa SEK 2.47 billion (circa €262 million) to a joint venture owned by Niam Fund III a ...

Eurohypo structures financing for the sale of Wohnungsgesellschaft PRIMA GmbH (DE)

Eurohypo AG has structured the deal for the sale of Prima Wohnbauten Privatisierungs-Management GmbH in Berlin. As part of the transaction, IMW Immobilien AG, Berlin, acquired approximately 94% of the ...

Land Securities to sell Telereal stake to Pears Group for £300m (UK)

Land Securities announces that Land Securities Trillium Limited, its property outsourcing business, has agreed to dispose of its 50% share in Telereal to subsidiaries of its joint venture partners, Pe ...

AP Fastigheter sells Scandic Sergel Plaza (SE)

AP Fastigheter sold the Skansen 18 site leasehold, where Scandic Sergel Plaza is the tenant, for SEK 565 million. The buyer is Stena Fastigheter, and completion took place on 1 September2005.The Scand ...

Net income Metrovacesa grew by 41.2% to 184.86 million (ES)

Metrovacesa upgrades its 2005 net profit Outlook to a €330-340 range, a 42%-46% growth on 2004 (€232.25 mln); surpassing the announced forecast of 265 millons. The new forecast is a €100 mln. incre ...

Europa Capital new investment partner of TCN Property Projects in Mediapark-Hilversum (NL/UK)

Europa Fund II, advised by Europa Capital, an independent European real estate investment management company with head offices in London, has bought 50 % of the shares of TCN Mediapark in Hilversum fr ...

New appointments at ING Real Estate (NL)

ING Real Estate is pleased to announce the following appointments: Pieter Roozenboom as Chief Operations Officer for ING Real Estate Investment Management Europe, Ido Esman as Managing Director Europe ...

Sonae's Serra Shopping receives environmental certification (PT)

Serra Shopping, currently being developed by Sonae Sierra, is the third shopping center in Portugal to obtain, during its construction stage, the ISO 14001 environmental certification, which refers to ...

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