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SEB specialist real estate fund acquires logistics property from REDEVCO (AT)

SEB Asset Management has acquired its first property in Enns, Austria, for its specialist real estate fund SEB Europe REI. The property, with a total lettable space of c. 33,700 m², is under lease to ...

Investment turnover in Czech Republic down 64% compared to 2008 (CZ)

The total investment turnover reached €400 Million in 2009. According to the most recent study by CB Richard Ellis, both the overall annual investment turnover and the number of transactions closed f ...

UK Green Building Council announces training and education partners (UK)

The UK Green Building Council today announced its partners for delivery of the first two of its STEP (Sustainability Training and Education Programme) offerings, which will launch in 2010. This follow ...

Hammerson sells 148, rue de l'Université, Paris, for €84.5 million (FR)

Hammerson has sold the office building at 148, Rue de l'Université, Paris 7ème to a client of Invesco for a consideration of €84.5 million. The book value at 30 June 2009 was €97.8 million, and th ...

Catalyst Capital Partners and JER sell office property located on rue Montoyer 39, Brussels (BE)

Catalyst Capital Partners and JER, jointly owning the office property located rue Montoyer 39, in the heart of the European district of Brussels, have proceeded to its sale to a private Belgian invest ...

Pirelli Real Estate and B+L sell business premises in Hamburg to Union Investment for €60.05 mln. (DE)

Union Investment Real Estate GmbH has acquired the business premises "Geschaftshaus Ottensen" in Hamburg Altona, Ottensen district, for its open-ended real estate fund Unilmmo: Deutschland from Pirell ...

Legal & General Property acquires portfolio of 11 freehold properties for £119.5 million (UK)

Legal & General Property ("LGP") has acquired a portfolio of 11 freehold properties located in Covent Garden from ING Covent Garden Limited Partnership. The transaction was completed at a total c ...

The world's tallest building has been opened in Dubai (UAE)

The opening ceremony, held 1,325 days after excavation work started, was attended by some 6,000 guests. The Burj Khalifa was revealed to be 828 meters high, (2,716 ft) far taller than the previous rec ...

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