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Michael Morrissey named Managing Director, ICSC Europe (EU)

The International Council of Shopping Centers (ICSC) has announced that Michael Morrissey has been hired as Managing Director of ICSC Europe. Michael Morri ...

REDEVCO acquires retail property in center of Gouda (NL)

Redevco Netherlands has purchased a 1,300 m² retail property on Gouda's main shopping street, Kleiweg 24-30. The property is let to Blokker and WE on long-term leases.Redevco already owns the adjacen ...

Deka Immobilien sells office building in Paris (DE/FR)

Deka Immobilien GmbH has sold the office building 'Axe France' in Paris for approx. €166 million to a pool of French investors advised by DTZ Asset Management.The property was acquired in 2004 for th ...

IPD: Nordic property fund returns rebound in the fourth quarter (SE)

Nordic property fund returns rebounded in Q4 2011, delivering 2.3%, compared to -1.7% in Q3, according to the IPD Nordic Property Fund Index.The index revealed a 5.4% return for 2011, a significant re ...

NSI included in Amsterdam Mid Cap Index (NL)

For the first time in its existence, NSI N.V. is to be included in the Amsterdam Mid Cap Index (AMX). This is based on the increased turnover in shares NSI, which is a result of the completed merger w ...

Hammerson sells 54-60 Rue Du Faubourg Saint-Honoré, Paris (FR)

Hammerson has exchanged contracts to sell the freehold for 54-60 rue du Faubourg Saint-Honoré in Paris' 8th arrondissement to Ramsbury AB for €165 million, slightly above its December 2011 book valu ...

Assoimmobiliare and Federimmobiliare, representing the entire Italian real estate industry, join EPF (IT/EU)

Aldo Mazzocco, CEO of Beni Stabili and President of Assoimmobiliare, and Gualtiero Tamburini, President of Federimmobiliare, said "EU policy is now crucial for real estate. An optimal EU Internal Mark ...

Niam disposes of office property to the Reitan group (NO)

Niam has signed a binding agreement to dispose of the office property Pirsenteret to E.C. Dahls Eiendom AS, a subsidiary to Reitan Eiendom AS.Pirsenteret is located in central Trondheim, Norway and co ...

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