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DekaBank announces Franz S. Waas as new Chairman of the Board (DE)

The Supervisory board of Dekabank Deutsche Girozentrale has appointed Franz S. Waas, Ph.D, as new Chairman of the Board. Waas will start on January 1, 2006 at the latest. Franz S. Waas (44) is now Mem ...

Dutch schemes in $175m US real estate deal (NL/US)

Pensions management company MN Services says it has entered into a real estate joint venture with US company Fairfield Residential on behalf of two Dutch pension funds. "The cooperation will be activ ...

Tornet is selling two properties in Göteborg (SE)

Fastighets AB Tornet has sold the properties Lorensberg 58:6 and 58:7 in Göteborg (Sweden) for a total price of SEK 132 million (approx. €15 million). The purchase price exceeds the book value as at ...

8,200 m² office property in Copenhagen sold (DK)

TKD Nordeuropa, TK Development's wholly-owned subsidiary group, has sold the office property at Sankt Annæ Plads no. 13 in Copenhagen. This approx. 8,200 m² five-storey property is situated on the s ...

Aberdeen Property Fund Denmark acquires major property portfolio in central Copenhagen (DK)

The property fund API Property Fund Denmark P/S has acquired a major property portfolio from Diligentia Danmark A/S as per 1 July 2005. The acquired portfolio includes seven prime office properties in ...

Pirelli RE mandates HSBC, Morgan Stanley and Société Générale to arrange €450m credit facility (IT)

As part of its plan to improve the Company's economicfinancial structure, yesterday's meeting of the Board of Directors of Pirelli & C. Real Estate has mandated HSBC Bank plc, Morgan Stanley and S ...

Sonae Sierra prepares the opening of LoureShopping (PT)

Sonae Sierra has held the key delivery ceremony for the tenants of LoureShopping. The shopping and leisure center represents an investment of €67 million and will open to the public on October 27th 2 ...

Homburg Invest Inc. completes sale of Vintage Towers in Calgary (CA)

Homburg Invest Inc. ("HII") is pleased to announce that today it completed the sale of the Vintage Towers located at 11th Avenue in Calgary to Credit Suisse Real Estate International Fund for gross pr ...

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