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Peab sells property in Espoo for €62.3 million (FI)

Peab has sold the project Eventes Business Garden in Espoo near Helsinki.The buyer is Union Investment Real Estate GmbH and the sale is in the form of Real Estate Ownership Company, with an attendant ...

New global real estate fund index announced by ANREV, INREV and NCREIF

The Asian and European Associations for Investors in Non-listed Real Estate (ANREV and INREV) and the National Council for Real Estate Fiduciaries (NCREIF) have agreed to co-operate to create a new Gl ...

Conygar secures £20 mln from Barclays Real Estate (UK)

Barclays Real Estate has provided the Conygar Investment Company PLC with a £20 million (approx. €25 million) lending facility. The fu ...

4.8% return on investment for the State Pension Fund (FI)

The return on investment of the State Pension Fund (VER) for the period from January 1 to June 30, 2012 was 4.8%, while the corresponding figure for the whole of 2011 was -2.3%. The geometric mean of ...

Lend Lease appoints Chief Executive Officer, EMEA

Lend Lease has today announced Simon Hipperson as Chief Executive Officer, Europe Middle East and Africa (EMEA) effective October 1, 2012.Lend Lease announced on May 15, 2012 that the former CEO, Dan ...

Heijmans wins €43 million parking garage project (NL)

Heijmans has won a contract from the 's-Hertogenbosch city council for the construction of the parking garage, Vonk&Vlam, in the city center of 's-Hertogenbosch. The contract is worth some €43 mi ...

CBRE: Russian commercial real estate investments expected to reach up to US $4.5 bln in 2012 (RU)

Commercial real estate transactions in Russia could reach $4.5 billion (approx. €3.6 billion) according to new research from CBRE, the global real estate advisor.Despite a difficult global economic b ...

Valad Europe re-gears 5,000 m² of leases in Sweden (SE)

Valad Europe, the multi-let real estate investment manager, has completed the re-gear of three leases on a total of 4,747 m² of mixed warehouse, office and service workshop space across three of its ...

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