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Sponda's logistics properties transaction finalized (FI)

On 19 December 2008, real estate investment company Sponda Plc announced the signing of an agreement to sell three logistics properties for altogether €16.3 million to the Sponda Real Estate ...

Dura Vermeer starts construction of De Landdrost in Almere (NL)

Dura Vermeer Bouw Hengelo has started construction of the De Landdrost mixed-use project in Almere on behalf of Almere Landdrost BV. The inner-city development project consists of a 13-story office to ...

Land Securities agrees sale of Trillium (UK)

Land Securities Group PLC has announced that it has reached agreement to sell Land Securities Trillium ("Trillium") to Telereal, the property investment and services company, for a total headline cons ...

Valuation of the UNITE UK Student Accommodation Fund (UK)

The UNITE Group plc, the UK's leading commercial provider of student accommodation, today reports the estimated Net Asset Value as at 31 December 2008 of the UNITE UK Student Accommodation Fund ("USAF ...

Swiss economy set to slide into recession in 2009 (CH)

The financial crisis that had been brewing for over a year finally impacted Switzerland's real economy in late autumn 2008. Until the end of October, the Swiss economy had held up considerably better ...

New appointment at Norwegian Property (NO)

Norwegian Property ASA (OSE:NPRO, NPRO.OL) has appointed Rune Richardsen to the position of Property Manager. Richardsen has extensive experience from commercial property management and was previously ...

Challenging times ahead for the Irish property market (IE)

Property consultant CB Richard Ellis has launched its annual Outlook report - a comprehensive research document outlining predictions for all sectors of the Irish property market in 2009. The report e ...

Investment into London commercial property tumbles (UK)

Investment in Central London commercial property fell 65% in 2008 to only £6.8 billion down from 2007's record figure of £19.4 billion. According to Cushman & Wakefield's latest figures, £3.4 b ...

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