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Union Investment secures option on first Motel One in Brussels (DE/BE)

Union Investment has secured an option to acquire the shares in Royale 120 New Building SA and Royale 120 SA, two Belgian companies engaged in the development of the first hotel operated by Motel One ...

aik acquires another office building in Brussels (BE)

aik (APO Immobilien-Kapitalanlagegesellschaft mbH), the property investment company for occupational pension funds and insurance companies, has acquired an office building at the Avenue de Tervueren i ...

NEPI completes rights issue despite difficult market circumstances (RO)

New Europe Property Investments plc ('NEPI') has announced that the company has successfully completed the rights issue announced to the market on October 28, 2011.Shareholders were offered the right ...

Goodman signs nine-year lease with Smurfit Kappa Group (BE)

Goodman Group has announced it has signed a nine-year lease agreement with Smurfit Kappa Group (SKG), on behalf of Goodman European Logistics Fund (GELF). The lease is for a 9,400-m² warehouse at Tur ...

TriGranit wins 'Developer of the Year' award (HU)

CEE CIJ, Central & Eastern Europe's leading real estate magazine held its seventh awards ceremony on December 1, 2011, where TriGranit received the 'Developer of the Year' award. ...

UGL acquires DTZ for £77.5 million (UK/AU)

UGL Limited (ASX: UGL) has announced that it has successfully completed the acquisition of all of the trading operations of global real estate services company, DTZ for £77.5 million (approx. €90 mi ...

Shell renews 1 million-plus-ft² lease in Hines' first high-rise office building (US)

The Houston office of Hines, the international real estate firm, has announced that Shell has executed a lease renewal at One Shell Plaza for 804,491 ft² (approx. 75,000 m²) and at Two Shell Plaza f ...

Aberdeen buys £16.5-million Hemel Hempstead distribution warehouse (UK)

Aberdeen Asset Management has acquired Palmer & Harvey's (P&H) new distribution warehouse in Hemel Hempstead from Gazeley for £16.5 million (approx. €19 million). ...

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