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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 ...

Blackstone closes acquisition of Strategic Partners from Credit Suisse (US/CH)

Blackstone and Credit Suisse today announced that Blackstone had closed on its acquisition of Strategic Partners from Credit Suisse. Strategic Partners is a secondary private fund of funds business, w ...

DUPD issues update regarding Arricano’s intention to go public (UA)

Dragon-Ukrainian Properties & Development (DUPD) has issued an announcement in relation to Arricano’s intention to seek admission to the Alternative Investment Market of the London Stock Exchang ...

Kuwaiti food group buys Little Chef (UK)

Rcapital, the owner of the roadside restaurant Little Chef, has sold the business to a new owner, Kout Food Group Restaurants UK Limited (KFGR-UK). KFGR-UK is wholly owned by Kout Food Group k.s.c. ...

IMMOFINANZ Group announces upward trend in operations during 2012/13 (AT)

In 2012/13 IMMOFINANZ Group confirmed the positive operating trend from the past year despite weaker growth in the core markets. Results of operations for the 2012/13 financial year totaled €542.1 m ...

Swiss Intershop Holding AG acquires stake in CORESTATE Capital AG (CH)

Intershop Holding AG intends to acquire stake in CORESTATE Capital AG, based in the Swiss town of Zug, with approximately €20 million within the framework of a capital increase as well as the purcha ...

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