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Immofinanz Group sells investment in Andreas Quarter development project in Düsseldorf (AT/DE)

Immofinanz Group has sold its investment in the Andreas Quarter development project in Düsseldorf. The decision was taken in September, and the transaction closed in November: Immofinanz Group sold i ...

Work on €58.5-mln. Riviera scheme in the suburbs of Nicosia begins on site (CY)

ESA - now part of Capita Symonds - was commissioned by Plaza Exclusive Projects in 2008 to develop the architectural masterplan for the 17 ha mixed-use scheme which comprises around 200 new modern hom ...

MVRDV presents masterplan for Bastide Niel, Bordeaux (NL/FR)

On Friday December 9, the Urban Community of Bordeaux (CUB) and MVRDV presented the masterplan for Bastide Niel, a 35 ha extension of Bordeaux's city center onto the right bank of Garonne River.The de ...

Rockspring announces two deals: Leeds student accommodation and £22-mln. development in Staines (UK)

Rockspring Property Investment Managers has announced the acquisition of Leodis Student Residences in Leeds, a significant student accommodation scheme, from the Evans Group, on behalf of a pension fu ...

Investment Management Group acquires 70% stake in retail park to be built in Tver (RU)

Investment Management Group (IMG) has completed its acquisition of an approximately 70% stake in a retail park to be built in Tver, Russia, on behalf of its Russia Development Fund.The retail park, de ...

Planning submitted for Lakeside extension (UK)

Capital Shopping Centres (CSC) yesterday (December 7, 2011) submitted a planning application for a £180-million (approx. €210 million) investment in its Lakeside center in Thurrock which will includ ...

Heitman and Signature Senior Lifestyle announce JV to develop and operate senior care communities (UK)

Heitman LLC, a global real estate investment management firm, together with Signature Senior Lifestyle Ltd, has announced the formation of a joint venture partnership to develop, own and operate senio ...

Union Investment secures option on first Motel One in Brussels (DE/BE)

Union Investment has secured an option to acquire the shares in Royale 120 New Building SA and Royale 120 SA, two Belgian companies engaged in the development of the first hotel operated by Motel One ...

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