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City of London's latest landmark development underway (UK)

Construction has recommenced on what is set to become one of the most iconic buildings in London's Square Mile, British Land and Oxford Properties' The Leadenhall Building. Following an announcement i ...

Befimmo purchases shares of Ringcenter, owner of the Pavilion complex (BE/DE)

On January 27, 2011, Befimmo reached agreement with the German fund company SEB Investment GmbH for the purchase of the shares of the Ringcenter SA, owner of the 'Pavilion' complex, at €55.3 million. ...

Ogmios Group sells Baltic Logistics City (LT)

Lithuanian real estate developer Ogmios Group sold yet another major development to its final user. Baltic Logistics City (BLC), a 13-ha project that includes 25,838 m² of grade-A warehouses (complet ...

Niam Nordic V completes first close (SE)

The Swedish private equity firm Niam has completed the first closing of its fifth opportunistic real estate fund Niam Nordic V, having raised €125 million of capital from mainly North American and Eu ...

CORESTATE Group completes sale of €39 million residential portfolio in Berlin (CH/DE)

CORESTATE Group has completed the sale of a Berlin-based residential portfolio to Zentral Boden Immobilien AG ('ZBI') for €39 million. Comprising 894 apartments located in the districts of Britz and ...

ProLogis confirms ongoing discussions regarding strategic combination with AMB (US)

ProLogis (NYSE: PLD) announced on January 26, 2011, that it and AMB Property Corporation (NYSE: AMB) are in discussions regarding a potential merger of equals, in which the two companies would combine ...

Colliers: 2011 will mark the upswing of the real estate market in Bulgaria (BG)

The expected improvement of Bulgaria's macro- and microeconomic indicators in 2011 will lead to an increase in real estate transactions across all market segments, according to Colliers International' ...

DTZ: 2010 was exceptionally successful for the Czech logistics and industrial market (CZ)

"In 2010 overall gross take-up reached 785,200 m², which is an increase of 118% compared to 2009 and second highest result after 2007," says Lenka Šindelářová, analyst at DTZ. Net take-up ...

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