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Newsec acquires Jones Lang LaSalle’s Swedish property management operations (SE)

An agreement has been reached whereby Newsec is acquiring the Swedish property management operations of Jones Lang LaSalle (JLL), whose customers include major international players such as AXA, Grosv ...

McCarthy & Stone successfully completes full refinancing of outstanding liabilities (UK)

McCarthy & Stone the UK’s leading retirement homes developer, announced that it has successfully completed the refinancing of its existing liabilities, totaling £518.9 million (approx. €605.6 ...

Goodman grows full year operating profit to $544 million, ahead of target

Goodman Group (Goodman or Group) announced its results for the full year ended June 30, 2013, delivering an operating profit of $544 million, which is forecast to grow to $594 million in FY14. Good ...

GSW successfully continues on expansion course (DE)

GSW Immobilien AG was once again operationally successful during the first six months of this year, further increasing its letting and management result. In addition, GSW acquired approximately 2,800 ...

IVG Immobilien AG: Key elements of a restructuring concept

In the negotiations conducted by IVG Immobilien AG and the representatives of principal creditors affiliated in 'Ad hoc-Committees' with regard to (i) a loan agreement in the amount of €1,350 millio ...

UGL announces intention to pursue a demerger

UGL Limited today announced its intention to pursue a demerger to create two standalone ASX-listed companies, one focused on global property services (‘DTZ’) and the other on engineering, construc ...

MirLand agrees new $95 million financing (RU)

MirLand, a Russian residential and commercial property developer, announced the successful conclusion of a new non-revolving $95 million (approx. €71.2 million) refinancing loan agreement with SberB ...

Bayerische Versorgungskammer invests €500 million in global real estate

LaSalle Investment Management today announced that it has been awarded a €500m global mandate from Germany's largest pension fund. The €55 billion Bavarian umbrella pension scheme for self-empl ...

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