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New Activum SG German property fund heavily oversubscribed (DE)

Activum SG Capital Management, the European real estate fund manager, has successfully closed a new €238-million fund targeting distressed real estate assets and 'special situations' in Germany.Activ ...

Union Investment acquires Crowne Plaza project in Amsterdam (NL)

Union Investment has acquired the Crowne Plaza development project in Amsterdam South. A 20-year lease is in place with a long-standing partner of Union Investment which is not disclosed nor the detai ...

DIXY Group and PNK Group set up Russia's biggest built-to-suit warehouse market deal (RU)

DIXY Group and PNK Group Development Company have signed a built-to-suit agreement on construction of a distribution center. The amount of investment in the project exceeds RUR 2.6 billion (approx. € ...

Wzgórze Shopping Centre obtains €137 mln. Senior Financing Loan for redevelopment & extension (PL)

Wzgórze Shopping Centre in Gdynia has obtained a €136,828,000 Senior Financing Loan for its redevelopment & extension. The construction works of Wzgórze will start in the following weeks, Gra ...

CBRE strengthens CEE team with senior appointment (CEE)

CB Richard Ellis (CBRE) has strengthened its Central and Eastern Europe team with the appointment of Marcus Berger as Chief Operation Officer to oversee the company's regional offices. ...

Sparinvest Property Fund II closes at €200 million (DK)

Sparinvest's second institutional fund of real estate funds, Sparinvest Property Fund II (SPF II), has raised €200 million from leading Danish institutional investors, including PKA, PenSam and Laere ...

VastNed Retail: Sharpened strategy for increased quality, stability and predictability (NL)

Significantly increasing its high street portfolio. This is the core element in the sharpened strategy of VastNed Retail, which was presented yesterday (September 14, 2011) by Taco de Groot, the new C ...

New funding and organizational structure for Multi Corporation

Multi Corporation, the largest independent developer of retail space in Europe and Turkey with offices in 11 countries, has agreed the terms of extension for its €850-million corporate facility, with ...

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