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ProLogis closes on €622 million of financings for European Property Funds (EU)

ProLogis, a leading global provider of distribution facilities, announced today that over the past four weeks it has completed four financings for its European property funds, totaling €622 million. ...

European property investors re-engage with the markets (EU)

Union Investment's Investment Climate Index up for the second time in succession / Sentiment in core European markets still affected by economic uncertainty / British investors leading the way again a ...

Prime Yields Under Downward Pressure Across Europe (EU)

Widespread falls in prime yields were seen across the main European real estate markets in the final quarter of 2009, according to the latest data from CB Richard Ellis. Almost none of the locations c ...

IMMOFINANZ General Meeting agrees to merger with subsidiary IMMOEAST AG (AT)

A significant majority of shareholders at the Extraordinary General Meeting of IMMOFINANZ AG on 20 January 2010 voted in favour of the joint proposal by the Executive Board and Supervisory Board to me ...

Genesta opens Luxembourg office - recruits new fund controller (LU)

Genesta Property Nordic has recruited Per Jeraeus as fund controller and head of Genesta's new office in Luxembourg. "Establishing a new office in Luxembourg is in line with Genesta's strategy to have ...

RED secures financing for the first Cadran commercial center in Romania (RO)

Immorent has funded RED's first Cadran commercial center that is to be developed in Husi, North East Romania. The €8 million financing is being provided by Immorent Romania, part of Erste Group A.G. ...

Union Investment makes property acquisitions totalling €1.6 billion (DE)

The portfolio expanded with focus on European core markets and major investment in sustainable buildings. Union Investment was again one of the most active players in the European real estate market i ...

F&C REIT transactions total circa £1 billion since creation of the group (UK)

F&C REIT, the international real-estate manager created in September 2008 through the merger of REIT Asset Management and F&C's property division, has recently exchanged contracts with the Nat ...

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