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SNS REAAL posts net profit of €42 million (NL)

"The first quarter net profit of €42 million compares well with the €4 million loss reported over the first quarter of 2009 and also represents an improvement on recent quarters. Solvency ratios rem ...

Open-ended real estate fund industry presents joint reform proposals (DE)

The open-ended real estate fund providers represented by the German Investment and Asset Management Association (BVI) have put forward joint proposals to improve and enhance the long-term prospects of ...

Helical Bar acquires industrial and office portfolio from ING REIM (UK)

Helical Bar plc has acquired a portfolio of nine assets comprising 129 industrial and offices units for a cash consideration of approximately £50 million (approx. €59 mln.) from ING Real Estate Inve ...

AEW Europe fund sells retail building in Cologne for €25 million (DE)

EPI Walkabout Köln S.à r.l. & Co. KG, an entity of the EPI fund co-advised by AEW Europe and Tristan Capital Partners, has sold a redeveloped high street retail property in Cologne for approxima ...

Cushman & Wakefield European commercial real estate investment update (EUR)

According to the latest update from Cushman & Wakefield, European commercial property was buoyed in Q1 by further growth in demand, particularly from foreign players, improving debt market sentime ...

New co-leadership for Savills Hamburg office agency team (DE)

Savills Immobilien Beratungs-GmbH has appointed Günter Suck and Alexander Rosinus as associate directors of office agency. Günter Suck and Alexander Rosinus will join the firm's Hamburg office at Fu ...

Hypo Real Invest AG makes second acquisition in Czech Republic this year (CZ)

CB Richard Ellis has advised Hypo Real Invest AG on the acquisition of 90% ownership interest in Andel City s.r.o. the sole owner of Andìl City SO 16+17 from AC Offices Klicperova s.r.o. solely owned ...

ProLogis renewable energy announces new rooftop solar project (US)

ProLogis, a leading global provider of distribution facilities, announced a second rooftop solar project in Southern California, totaling 11.1 megawatts (MW). ProLogis has signed a master agreement wi ...

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