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SEB presents Q3 2008 results (SE)

SEB's operating profit for the third quarter of 2008 amounted to SEK 2,010 million (approx. €182 mln.), a decrease of 43% compared with the previous quarter and down by 46% compared with the ...

Union Investment invests in Munich (DE)

Union Investment Real Estate AG has purchased two office buildings in Munich for its UniImmo: Deutschland open-ended real estate fund. The company has acquired Laim290 from Vivico Real Estate AG in a ...

Multi Turkmall opens 80,000 m

Forum Ankara Shopping and Lifestyle Centre has opened its doors to the public. The developer is Multi Turkmall, the biggest real estate developer in Turkey. It is the sixth Multi Turkmall scheme to op ...

Invista European Real Estate Trust announces €56 million sale of French assets (FR)

Invista European Real Estate Trust has completed the sale of two office properties in Lyon, France to Pramerica for a total consideration of

JLL: Global hotel sales decline 71%

Against the backdrop of the continued uncertainty in the financial markets, Jones Lang LaSalle Hotels reported that $21.1 billion worth of hotels have traded globally in the first nine months of 2008. ...

Aberdeen named Property Manager of the Year

Aberdeen was named Property Manager of the Year at the prestigious Financial News Pan-European Awards for Excellence in Institutional Asset Management.The Award reflects a monumental year for Aberdeen ...

Further changes in management structure of Hypo Real Estate Group (DE)

The Supervisory and Management Boards of Hypo Real Estate Holding AG have decided on further measures to advance the leadership structure of the Group. Cyril Dunne, until now Chief Operating Officer ( ...

Sponda sells retail and office property in Espoo to Tapiola KR III Ky property fund for €28.3 mln. (FI)

Real estate investment company Sponda Plc has signed a binding agreement to sell a retail and office property Tapiolan Toimitalo located in the center of Tapiola, Espoo to Tapiola KR III Ky property f ...

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