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FCC restructures its real estate assets by divesting Torre Picasso and its Madrid and Barcelona HQs (ES)

FCC, the Spain-based infrastructure and environmental services company, is continuing with its policy of strengthening its financial structure through two real estate divestments and the move to a new ...

Hessel Dikkers steps down as CIO and as member of the Management Committee of SNS REAAL (NL)

Hessel Dikkers is leaving SNS REAAL with effect from December 31, 2011, and is therefore stepping back as Chief Information Officer (CIO) and as member of the Management Committee of SNS REAAL.Followi ...

Heijmans subsidiary Oevermann awarded two building contracts in Germany valued at €30 million (NL/DE)

Heijmans subsidiary Oevermann has acquired two building turnkey contracts for the inner-city Le Flair residential building in Düsseldorf and an educational building in Münster.The contract for the c ...

Kardan Land China signs term sheet to raise €40 million (NL/CN)

Kardan N.V. announces that its holding for the Chinese real estate operations, Kardan Land China Ltd. has signed a term sheet with an investor, to increase its capital by RMB 333.3 million (approximat ...

Legendary entrepreneur Werner 12123324 dies at the age of 102 (DE)

The businessman and entrepreneur from Hamburg Prof. Dr. h.c. Werner Otto, founder of the mail-order company OTTO and the shopping center development company ECE, died on Wednesday, December 21, 2011, ...

Morgans Hotel Group wins new long-term management agreement in Istanbul (TR)

Morgans Hotel Group Co. (NASDAQ: MHGC) has announced that it has entered into a hotel management agreement for an approximately 128-room Mondrian-branded hotel to be located in the Old City area of Is ...

Development Securities PLC refinances £37.9-mln. loan with Lloyds Bank Corporate Markets (UK)

Development Securities PLC announces that it has completed a new five-year £37.9-million (approx. €45.5-million) loan with Lloyds Bank Corporate Markets, secured on three shopping centers at Ringwoo ...

TriGranit welcomes new CEO (HU)

Sándor Demján, TriGranit Chairman has appointed Philip Mark Evans as Chief Executive Officer of TriGranit Management Corporation. Philip Evans. ...

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