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Valad Europe invests €1.5 mln in refurbishment of Duisburg asset and lets 14,000 m² to Greiwing (DE)

Valad Europe, the multi-let real estate investment manager, announces that Greiwing, the leading European silo logistics company, has signed a lease on 13,300 m² of warehouse and 400 m² of office sp ...

Savills advises Deka Immobilien on sale of office building in Washington, DC (DE/US)

Savills has advised an open-ended property fund managed by Deka Immobilien of Germany on the sale of The Westory, a class-A office building in downtown Washington, DC.The property was acquired by a jo ...

Broadway Malyan-designed Trump Tower Manila breaks ground in The Philippines (PH)

Ground works have commenced on the Trump Tower Manila, designed by global architecture, urbanism and design practice Broadway Malyan, with the tower set to be the tallest residential skyscraper in The ...

Topland acquires Wales' tallest building Cardiff's Capital Tower (UK)

The Topland Group has bought Wales' tallest building, the Capital Tower in Cardiff, for £12.35 mln (approx. €15.75 mln) from DTZ Investment Management. C ...

Successful issuance of €750 million bond for Unibail-Rodamco (FR/NL)

Unibail-Rodamco SE announces that it has successfully issued a six-year bond maturing August 1, 2018 for a total amount of €750 million. The bond will offer a fixed coupon of 2.25%. The issuance was ...

IPD: Ireland outperforms UK in Q2, but firm signs of recovery continue to elude the market (IE)

Total return in Ireland, now positive for the third consecutive quarter, at 0.6%, outdid the 0.3% delivered by the UK commercial property sector (as recorded by the IPD UK Monthly Property Index) in t ...

Carsten Eckert leaves the management team of KGAL GmbH & Co (DE)

After five years of service, Carsten Eckert (47), CEO of KGAL GmbH & Co. KG, is leaving the management team at his own request on July 31, 2012.In 2007, Eckert took over the reins of the managemen ...

Gecina sells its logistics business to Blackstone for €203 million (FR)

Gecina signed a preliminary agreement on July 23 to sell a portfolio of 28 logistics assets with a net sales price of almost €203 million to funds affiliated with the Blackstone Group. This price rep ...

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