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INREV: New research confirms commercial real estate's significant contribution to European economy

The commercial real estate industry contributes around 2.5% to the total economy of Europe – more than the automotive, telecommunications and banking industries – according to new research commissio ...

The Gate, Newcastle, purchased by the Crown Estate for £60 million (UK)

The Crown Estate has strengthened its £1.5 billion (approx. €1.8 billion) regional portfolio with the acquisition of The Gate, Newcastle, from investor clients of Delancey, the Royal Bank of Scotlan ...

Deloitte/SEB CFO Survey: Conditions remain tough with decreasing optimism going forward (SE)

The Deloitte/SEB CFO Survey concludes that companies expect a weakening sentiment and harder times to come; however companies are yet not there.Furthermore, 25% of the companies surveyed have performe ...

Sonae Sierra develops its third project in Morocco (MA)

points to large growth. Source: Sonae Sierra

Gazeley invests £5.2 mln in infrastructure across UK portfolio (UK)

As part of a strategic review of investment in sites around the country Gazeley, a leading global developer of logistics warehouses and distribution parks, has announced that it is investing £5.2 mln ...

PAMERA commences acquisition for new Stuttgarter Insurance Group fund (DE)

PAMERA Asset Management GmbH has begun to acquire properties for the Stuttgarter insurance group's newly-launched SIS (Stuttgarter Immobilien-Spezialfonds) individual real estate fund. The focus is on ...

Hammerson to acquire Leeds' landmark Victoria Quarter (UK)

Hammerson has exchanged contracts to acquire The Victoria Quarter in Leeds for £136 million (approx. €170 million) from Kennedy Wilson on behalf of Bank of Ireland Private Banking. ...

Renaud Haberkorn becomes Chief Executive Officer of Société de la Tour Eiffel (FR)

Renaud HABERKORN took up his appointment as the company's Chief Executive Officer as from September 1, 2012. He succeeds the founders / management Mark INCH (until now Chairman and Chief Executive Off ...

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