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Orco Property Group enters into agreement to sell Russian assets for €53 million (RU)

Orco Property Group has entered into an agreement to sell its stake in its Russian operations to a local investor. This €53-million sale includes the logistics business, the residential projects, the ...

aik's investment strategy and good occupancy rate provide for high performance of the funds (DE)

In the first half of the financial year 2010/2011, aik (APO Immobilien-Kapitalanlagegesellschaft mbH), the property investment company for occupational pension funds and insurance companies, once agai ...

STRABAG SE posts positive semi-annual earnings for the first time (AT)

STRABAG SE, Central and Eastern Europe's largest construction company, has announced its figures for the first six months 2011. Although the break-even point in the earnings before interest and taxes ...

P3 has new management team member in Germany (DE)

The German branch of PointPark Properties has a new member on its management team. Ingo Spangenberg has been appointed Development Director and Head of P3 Germany. As of August 1, Ingo is responsible ...

Rezidor announces the Park Inn by Radisson Budapest (HU)

The Rezidor Hotel Group, one of the fastest growing hotel companies worldwide, announces the Park Inn by Radisson Budapest. The new mid-market property featuring 136 rooms is scheduled to open in Q4 2 ...

Quintain delivers a further 500 beds to the London student accommodation market (UK)

In what is expected to be one of the busiest years for UK Universities, before the introduction of the new tuition fee regime, Quintain is pleased to announce the recent completion of two new student ...

HOCHTIEF Projektentwicklung sells CasaNova Stuttgart office building (DE)

HOCHTIEF Projektentwicklung has sold CasaNova Stuttgart on Paulinenstrasse. PlusAlpina Real Estate Advisors – a subsidiary of Conren Land AG – acquired the office and commercial building for the por ...

Deutsche EuroShop takes a stake in the Allee-Center Magdeburg (DE)

The shopping center investor Deutsche EuroShop has acquired the 50% stake in the Allee-Center in Magdeburg, which was previously held by Unibail-Rodamco.The completion of the transaction is subject to ...

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