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Pramerica forms €120 million joint venture to invest in residential property (UK/DE)

Pramerica Real Estate Investors has formed a new joint venture company with Hagen Kahmann and Julian Brown, the founders and principals of Kauri CAB Management GmbH, to invest in residential apartment ...

Europa Capital acquires Flexspace from Safeland (UK)

Europa Capital LLP is pleased to announce that Europa Fund III has entered into a joint venture with REAM Capital Partners and completed the £26 million (approx. €29.8 million) purchase of a portfol ...

Dr. Heiko Beck joins Management Board of Union Investment Real Estate GmbH (DE)

Union Investment Real Estate GmbH has strengthened its management team with the addition of Dr. Heiko Beck (44), who will join the Management Board of the Hamburg-based property fund manager with effe ...

Westfield expands global platform into Milan (IT)

Westfield Group has announced its expansion into continental Europe with an agreement to acquire a 50% interest in a major development site in Milan, Italy. The site has planning approval to develop a ...

CBRE raises growth equity to finance global expansion of leading marina business

CB Richard Ellis (CBRE) has successfully concluded its strategic review of Camper & Nicholsons Marina Investments Ltd (CNMIL), the AIM-listed company specializing in the development and management ...

Sonae Sierra responsible for center management at Bikini Berlin (DE)

Sonae Sierra, the international shopping center specialist, was assigned by Bayerische Hausbau to manage the future shopping center for the large-scale project Bikini Berlin. The contract comprises th ...

Nieuwe Steen Investments reports steady results in 2011 (NL)

Nieuwe Steen Investments N.V. (NSI) continued to achieve steady results during Q2 2011. The Q2 direct result amounted to €0.31 per share. The interim-dividend will amount to €0.30 per share.During t ...

BNP Paribas confirms financial stability of French banking sector (FR)

Since the beginning of the week there have been all kind of rumors regarding the eurozone and France. Competent authorities made clear that they were unfouded. In particular, Standard and Poors, Moody ...

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