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REDEVCO acquires three Karstadt stores (DE)

On December 31 2010, REDEVCO Services Deutschland GmbH acquired three retail properties under long-term lease to Karstadt and Karstadt Sport. REDEVCO bought the buildings, located in Hannover, Munich ...

CB Richard Ellis announces sale of landmark property in Warsaw (PL)

CB Richard Ellis Development Consultancy Team is pleased to announce that has recently represented Dom Development S.A., a leading Polish residential developer, in the sale of a landmark property in t ...

Castellum invests SEK 177 million (SE)

In the Stockholm area Castellum has acquired five properties for a total of SEK 137 million (approx. €19.7 million) through the wholly-owned subsidiary Fastighets AB Brostaden. The properties were ac ...

IMMOFINANZ and EHL Immobilien GmbH agree to long-term cooperation (AT)

In a long-term contract, IMMOFINANZ and EHL Immobilien have confirmed their existing cooperation in the area of asset and center management for a significant portion of the real estate portfolio of th ...

Invesco Real Estate and CILOGER invest €218 mln. in German retail portfolio (DE/FR)

Invesco Real Estate, the cross-border property investment manager, and CILOGER, the French société de gestion de portefeuille, are pleased to announce the purchase of 10 newly-built retail assets in ...

Hansteen Holdings acquires Birmingham Business Park (UK)

Hansteen Holdings the investor in UK and continental European real estate, announces that Hansteen Property Unit Trust ('HPUT') has acquired Saltley Business Park, Birmingham, from LPA Receivers actin ...

King Sturge Real Estate Economy Index: Is the real estate economy signaling a shift in trend? (DE)

Notwithstanding the upward trend of the German economy as a whole, the December poll for the King Sturge Real Estate Economy Index suggests that the sentiment in the real estate industry has cooled of ...

NSI expands its retail portfolio by acquiring Zuiderterras in Rotterdam (NL)

Nieuwe Steen Investments N.V. (NSI) has acquired Zuiderterras, part of the shopping center Zuidplein in Rotterdam, from IVG Institutional Funds GmbH.NSI's stake in the largest covered shopping center ...

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