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Leimdörfer expands Finnish organization (FI)

Leimdörfer Finland has appointed Mikko Iivonen (aged 38) as the company's new CEO. Jonas Ahlblad, the founder and a partner of Leimdörfer Finland, will leave the company by the end of September 2010 ...

IVG reports higher consolidated net profit for Q2 2010 (DE)

Overall real estate investment markets were stable in the second quarter of 2010, however, real estate rental markets were still somewhat mixed. Nonetheless, IVG was able to achieve sound letting resu ...

Strong first half results for PATRIZIA (DE)

PATRIZIA Immobilien AG continued its positive business development in the second quarter of 2010. In residential property resales, 177 residential units were sold in individual transactions to tenants ...

Aareal Bank Group remains on course in the second quarter of 2010 (DE)

Aareal Bank Group continues to develop on schedule during the current financial year, posting very satisfactory results for the second quarter of 2010, in a challenging market environment. At €31 mil ...

CB Richard Ellis Belfast hires three directors (UK/IE)

The Belfast office of CB Richard Ellis Group (CBRE), the international commercial real estate firm, has announced that three of Northern Ireland's leading property consultants will join CBRE's rapidly ...

Commerz Real expands its real estate portfolio in Finland (DE/FI)

Commerz Real has just intensified its commitment in Finland by acquiring the Lintulahti office building in Helsinki, which is earmarked for the hausInvest europa open-ended real estate fund. The inves ...

Sonae Sierra records total net profit increase of 101% (PT)

Sonae Sierra, the international shopping center specialist, presented a total net profit of €648,000 at the end of the first half of 2010, an increase of 101%, since the company recorded a negative r ...

Raven Russia sells subsidiary to Casebre Holdings (RU/CY)

The Board of Raven Russia is pleased to announce that it has signed contracts to sell its Russian subsidiary, ZAO Kulon Estate ('RR Baltia') to Casebre Holdings Limited, a Cypriot registered company.R ...

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