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FDL raises €568 million of new debt at a rate of 3.6% for a period of 7.5 years (FR/DE)

Foncière Développement Logements (FDL) has completed financing with two German banks for the amount of €568 million, allowing it to repay the full balance of its securitized debt in Germany.Backed ...

Management board change at Commerz Real (DE)

On May 15, 2012, Roland Holschuh, currently Head of Corporate Real Estate Management at Commerzbank AG, will take over the Real Estate Management responsibilities on the management board of Commerz Re ...

Sponda and WWF expand their partnership to reduce the ecological footprint of office premises (FI)

Property investment company Sponda Plc and WWF Finland have announced a deeper partnership to promote the energy efficiency of properties and their environmentally responsible use.The partnership firs ...

Barratt and British Land JV to acquire city site (UK)

Barratt Developments has announced that it had exchanged conditional contracts to purchase a 2 acre edge-of-City site at 1 & 2 Aldgate Place, London E1, from Tishman Speyer.The site, which is bein ...

EPRA Europe Real Estate Index embraces €4.2 billion in new assets (BE)

Three stock market-listed property companies will enter the leading global index for listed real estate, confirming a vibrant and growing sector and ensuring them greater investor and analyst attentio ...

Wainbridge and Morgan Stanley Alternative Investment Partners form Partnership (UK)

Wainbridge Capital Limited, a Jersey-based property investment manager, announces that it has agreed to terms with a real estate fund of funds managed by Morgan Stanley Alternative Investment Partners ...

Simon Property Group announces two strategic acquisitions (US/FR)

Simon Property Group, Inc. (NYSE: SPG) ('SPG') has announced that it has signed a definitive agreement under which it is acquiring a 28.7% equity stake (54,430,000 shares) in Klépierre (Euronext Pari ...

MWB Groups Richard Balfour-Lynn steps down as Chief Executive (UK)

WB Group Holdings Plc announces that Richard Balfour-Lynn has decided to step down as Chief Executive and a director of the Group with effect from March 31, 2012.Richard Balfour-Lynn said: "This has b ...

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