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Álvaro Portela to retire as CEO of Sonae Sierra (PT)

Álvaro Portela has confirmed his intention to retire as CEO of Sonae Sierra at the end of March 2010. Álvaro has put a tremendous amount of time into developing the management team over the years an ...

JLL: European logistics investment reached €8.4 bln. in 2008, 44% down on previous year (EUR)

Direct industrial investment totalled €8.4 billion in 2008, 44% down on 2007, although as a sector the overall decline was not as severe as the 54% fall in activity seen across all European commercia ...

Cordea Savills appoints Peter Johnson as Group Chief Financial Officer (UK)

Cordea Savills announces the appointment of Peter Johnson as Group Chief Financial Officer. He will have overall responsibility for group and fund finance, and operations.Peter was previously Group Fi ...

Brixton sells in Basingstoke (UK)

Brixton plc announces that it has sold two buildings forming part of its Kingsland Business Park in Basingstoke, United Kingdom.They have been sold to the existing tenant Oxoid Limited for a cash cons ...

Thom Wernink continues as Citycon's Chairman of the Board of Directors (FI)

Thom Wernink was elected Chairman and Tuomo Lähdesmäki Deputy Chairman of Citycon's Board of Directors in the Board meeting held after the Annual General Meeting that took place on March 18, 2009.Th ...

Hochtief Development introduces a new residential project at Kavčí Hory (CZ)

On an area of 30,000 m², between the recently completed office building of Kavčí Hory Office Park and the Central Park at Pankrác, four residential buildings with 334 flats and four non-re ...

HypoVereinsbank: Sound performance in 2008 despite the financial market crisis (DE)

Today (18 March 2009), HypoVereinsbank is presenting its results for 2008.2008 has been a year characterized by the most severe financial-market crisis in decades. This crisis was already significant ...

DEGI reveals €1.7 billion invested in property in 2008 (DE)

DEGI, part of Aberdeen Property Investors, announced that it invested a total of €1.7 billion for its public property funds in 2008 at its annual press conference in Frankfurt am Main, Germany. More ...

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