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Pandox undertakes first asset management assignment (SE)

Pandox will assume responsibility for property management and development of Quality Hotel Prince Philip in Skärholmen, Stockholm.The hotel has 201 rooms and is strategically located close to Stock ...

Heijmans makes provision for €30 million to settle the building industry investigation and stands by

Heijmans (property development, construction and infrastructure) has announced that it will make a provision for €30 million against its 2004 results to settle the financial consequences of all t ...

Rodamco Europe acquires 11,000 m² in ´Croix-Dampierre´ shopping center for €30 million (FR)

Rodamco Europe has purchased the unit shops in ´Croix-Dampierre´ shopping center in Chalons en Champagne, France from SCI Croix-Dampierre (controlled by Immobilière Carrefour), for a total am ...

New tenants bring IBC's second phase closer (PL)

GE Capital Golub Europe is to welcome two new tenants to its International Business Center (IBC) office building in Warsaw.The construction company Bouygues Immobilier Polska, a subsidiary of the Fren ...

Halladale buys Sunbury Cross Shopping Centre for £21.4m (UK)

Property development company Halladale Group plc, said it has acquired Sunbury Cross Shopping Centre in Sunbury on Thames, from Brookridge Properties Ltd for £21.4m, with its co-investment partner, ...

Colonial sees Barcelona property complex sale completed in second quarter (ES)

Inmobiliaria Colonial SA said it expects the sale of a complex with 244 flats, parking spaces and offices to be completed towards the end of the second quarter.A Colonial spokeswoman said the sale pro ...

Fortis Dutch real estate unit to invest €100m in agricultural land (NL)

Fortis NV real estate unit Fortis Vastgoed plans to invest €100m in acquiring agricultural land, shifting its investment focus from equity to land, said the unit´s Chief Executive Erik ...

Significant strengthening of HVB Group´s future value-creation capability (DE)

Given the persistently difficult situation in the German real estate markets, the Management Board of HVB Group has decided to strategically realign the Germany Business Segment. To permit accelerated ...

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