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Redevco sells L'Ellipse to Fiducial Real Estate (FR)

Redevco France is selling its L'Ellipse office building in the Paris business district of La Défense for €24 million. The sale reflects Redevco's strategy to focus on retail and prime locations and ...

WELPUT acquires core West End asset in St James's Square for £66 mln (UK)

The West End of London Property Unit Trust ('WELPUT'), managed by Schroders and advised by Grafton Advisors, has exchanged contracts to buy the freehold interest in Buchanan House, 3 St. James's Squar ...

Cofinimmo SA appoints Marc Hellemans as CFO and Member of the Executive Committee (BE)

Following the appointment of Jean-Edouard Carbonnelle as Chief Executive Officer, announced in the press release of March 30, 2012, Cofinimmo's Board of Directors has appointed on June 7, 2012, Marc H ...

SEB completes sale of Ukrainian retail business (SE/UA)

In accordance with the November 18, 2011 announcement of the sale of SEB's retail banking business in Ukraine, the sale was completed on June 7, 2012.SEB will continue to operate in Ukraine as a corpo ...

2012 ICSC Solal Marketing Awards announced (EU/HU)

The 2012 International Council of Shopping Centers (ICSC) European Solal Marketing Awards winners have been announced. An incredible 173 entries were received from shopping centers in 21 countries. Ni ...

Union Investment acquires class-A office building in San Francisco (DE/US)

Four years after acquiring its last holding in the United States, Union Investment has entered one of the most dynamic US office property markets, buying the 33-story office property at 555 Mission St ...

Citycon signs agreement to acquire Danish shopping center Albertslund Centrum (DK)

Citycon has entered into an agreement to purchase shopping center Albertslund Centrum in Greater Copenhagen area in Denmark from the Municipality of Albertslund for DKK 181 million (approximately €24 ...

Spains real estate crisis solution may lie in US Savings & Loan REIT model (ES)

One solution to Spain's real estate market implosion that has laid low the economy and crippled many of its banks may lie in using the equities market, and particularly the efficient REIT investment v ...

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