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Cordea Savills buys 29 Clement’s Lane for £40 million (UK)

Cordea Savills, the international property investment manager, has purchased 29 Clement’s Lane (also known as 33 Lombard Street) in London EC3 for £40 million (approx. €46.9 million) on behalf of ...

Goodman grows full year operating profit to $544 million, ahead of target

Goodman Group (Goodman or Group) announced its results for the full year ended June 30, 2013, delivering an operating profit of $544 million, which is forecast to grow to $594 million in FY14. Good ...

Europacity Berlin: Cornerstone laid for John F. Kennedy Haus (DE)

The cornerstone for the John F. Kennedy Haus was laid today, marking 50 years since Kennedy's famous declaration to Berlin and its citizens ("Ich bin ein Berliner") and the anniversary of the building ...

£12.1 million PaddingtonCentral termination agreement signed (UK)

Development Securities signed a £12.1 million (approx. €14.2 million) agreement with Aviva Investors and British Land to terminate its development management contract at PaddingtonCentral. Furth ...

Deka Immobilien buys office complex Rheinwerk II in Bonn (DE)

Deka Immobilien GmbH has bought the office complex Rheinwerk II in Bonn’s Bogen. The parties agreed not to disclose the purchase price. The seller was KGAL GmbH & Co. KG, a leading German asset ...

GSW successfully continues on expansion course (DE)

GSW Immobilien AG was once again operationally successful during the first six months of this year, further increasing its letting and management result. In addition, GSW acquired approximately 2,800 ...

SEB Asset Management extends lease with Liberty Global for 16,600 m² of space in the Netherlands (NL)

SEB Asset Management has extended its lease with Liberty Global in the Schiphol-Rijk business park in the Netherlands ahead of schedule. The lease for 16,611 m² of space and 436 parking spaces will n ...

Kungsleden in SEK 5.5 billion property acquisition (SE)

Kungsleden has signed a memorandum of understanding with GE Capital Real Estate to acquire 84 commercial properties with an underlying property value of approximately SEK 5.5 billion (approx. €640 m ...

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