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Norwegian Property enters agreement for the sale of Oksenoyveien 3 for €21.8 million (NO)

Norwegian Property ASA has entered into an agreement for the sale of Oksenoyveien 3 at Fornebu, Bærum. The property value is NOK 175 million (approx. €21.8 mln.), which is equal to the current valua ...

Westdeutsche ImmobilienBank has arranged €119.8 mln. financing for 2 shopping centers (PL/DE)

Westdeutsche ImmobilienBank AG (WestImmo) acting as Agent and Arranger has provided MGPA, Europe Fund III, L.P., with approx. €119.8 million financing facility for two modern shopping centers in Pola ...

€200 million Rathaus-Galerie in Leverkusen opens today (DE)

A glass rotunda visible from great distances is the architectural flagship of the new Rathaus-Galerie in Leverkusen, Germany, which opens today, February 24, 2010 after a construction period of two ye ...

IBM and Johnson Controls join forces to make buildings smarter

IBM and Johnson Controls announced a new relationship to create a new era of smarter buildings. Together, the companies will team to provide a Smart Building Solution that can improve operations and r ...

Kempinski Hotel River Park in Bratislava opens in spring 2010 (SK)

The Kempinski Hotel River Park, beautifully located on the banks of the Danube river in Bratislava, will soon be opened. The luxury 5-star hotel is part of the Riverside development, a major inner-cit ...

Brand Empire to bring new Spanish fashion parade to the UK (UK)

Land Securities, through its subsidiary Brand Empire, has announced today that it has agreed terms with Grupo Cortefiel, one of Spain's largest and leading fashion retailers, to bring three of its cor ...

MGPA winds up 1999 vintage Fund

MGPA, the private equity real estate investment advisory company, announced that it wound up its Global Fund I, an opportunistic $480 million (approx. €352.8 mln.) global fund which delivered strong ...

Europeans invested €12 million in Oceana Residence in January (UAE)

Europeans from Britain, Russia, Holland and Belgium, invested AED 60 million (approx. €12 mln.) in January, as sales of apartments at the luxurious Oceana Residence, averaged almost one per day durin ...

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