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Citycon appoints new CEO and Head of Finnish Operations (FI)

Citycon Oyj's Board of Directors has appointed Marcel Kokkeel the company's new Chief Executive Officer, effective March 24, 2011. The company has also appointed Michael Schönach, Citycon Oyj's Execu ...

HOCHTIEF Projektentwicklung agrees long-term lease in Berlin (DE)

HOCHTIEF Projektentwicklung has concluded a long-term (20-year) lease with the social arm of the Protestant Church in Germany (Evangelisches Werk) and the Protestant Church Development Service (EED) f ...

Germany's BaFin approves LaSalle KAG (DE)

LaSalle Investment Management has announced that the German Federal Financial Supervisory Authority ('BaFin') has approved the formation of a capital investment company for specialist investment funds ...

Savills: German residential portfolio transactions see 2011 open with pipeline of deals (DE)

111 residential packages comprising just below 49,500 units changed hands in Germany in 2010, according to international real estate advisor Savills. The investment volume of these transactions totals ...

IVG office projects awarded LEED Silver, Gold and Platinum by the US Green Building Council (US/DE)

IVG Immobilien AG has obtained the internationally coveted awards LEED Silver, Gold, and Platinum of the US Green Building Council for three of their most recently completed project developments in Ge ...

Land deal in Krakow (PL)

Property consultants Leach & Lang have brokered the sale of a 4-ha development plot (formerly a coach depot) on ul. Cystersow in Krakow. Inter-bud has bought the site from its unnamed Irish owner ...

Allianz Real Estate buys BrahmsQuartier in Hamburg (DE)

Allianz Real Estate Germany GmbH started the year with purchasing the Brahms Quartier office complex at Kaiser-Wilhelm-Strasse 40 in Hamburg. The sellers are a subsidiary of the globally acting altern ...

Helaba and Berlin Hyp complete joint £140-mln. facility for Oxford Properties in London (DE/UK)

Helaba Landesbank Hessen-Thüringen and Berlin Hyp, together with Oxford Properties Group, have successfully co-arranged a medium-term debt financing facility for Watermark Place in the City of London ...

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