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Futureal and Caelum secure €50 million financing for Nova Park shopping center (PL)

Futureal and Caelum Development have secured €50 million construction and investment financing from BZ WBK Bank for their Polish joint venture, the Nova Park shopping and entertainment center in Gorz ...

Beltane buys two City buildings from ING (UK)

Beltane Asset Management has acquired two City buildings from ING for £15.14 million (approx. €17 million). This now means Beltane has purchased four Central London properties in less than a year.Be ...

Sale of pan-Nordic distribution center in Jönköping (SE)

Dixons Retail plc, Europe's largest specialist electrical retailer and services company, announces that it has exchanged contracts with a syndicate of investors advised by Ness Risan & Partners AS ...

Land Securities secures planning permission for latest City of London development (UK)

Land Securities has secured planning permission for its 375,000-ft² (approx. 34,800-m²) 30 Old Bailey and 60 Ludgate Hill office redevelopment in the City of London.The mixed-use development compris ...

Expo Italia Real Estate (EIRE) 2011 strengthens partnership with public sector (IT)

Expo Italia Real Estate (EIRE) 2011 is strengthening its partnership with the public sector as it widens its offer of conferences and events promoted by municipalities and regional development agencie ...

Collegio sells 49 apartments to Bouwfonds (NL/SE)

Swedish private property company Collegio, represented by international real estate advisor Savills, has sold three properties comprising a total of 49 apartments for SEK 90 million (€10.1 million).T ...

International Valuation Standards Council launches revised Code of Ethical Principles

The International Valuation Standards Council (IVSC) has launched revised proposals for a Code of Ethical Principles aimed at providing better regulation of the global valuation profession. These foll ...

ProLogis shareholders approve merger of equals with AMB

ProLogis (NYSE: PLD) has announced that its shareholders have approved its proposed merger of equals with AMB Property Corporation (NYSE: AMB).More than 498 million, or 87.4%, of ProLogis' outstanding ...

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