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DTZ earnings up, but a decline in property market expected this year

Preliminary results for 2007 were announced recently by global property adviser DTZ Holdings plc, which operates mainly in property. Earnings of the group, which includes DTZ Praha spol. s r.o., rose ...

Corestate acquires majority interest in Alta Fides (CH)

CORESTATE German Residential Limited, a fund managed by the private equity investor and asset manager CORESTATE Capital AG, has acquired a further 61.3% interest in ALTA FIDES Aktiengesellschaft f

Start of final phase at Zorlu Center project (TR)

The Board of Protecting Cultural and Natural Heritages of Istanbul is doing its final evaluations regarding the 'Zorlu Center Architecture and Urban Design Competition'. The Zorlu Center project, whic ...

Bouwfonds European Residential fund acquires residential property in Berlin (DE/NL)

Bouwfonds Asset Management and Catella Germany acquired a high yielding residential property in an affluent area of Berlin for the account of the Bouwfonds European Residential fund.The transaction pr ...

HSH Nordbank, NIBC, and Nord LB underwrite €377 mln. portfolio transaction of Speymill Group (DE)

A banking syndicate comprising HSH Nordbank, the Dutch NIBC Bank, and Nord LB have decided to underwrite the financing of a real estate portfolio of the London-based Speymill Group. The financing volu ...

Half-yearly financial report: Intervest Offices expects increase of dividend for 2008 (BE)

Public property investment fund Intervest Offices has released its results for the first half of year 2008.During the first half year of 2008 the construction of the first phase of the logistic develo ...

Union Investment acquires office building in San Diego (US/DE)

Hamburg-based Union Investment Real Estate AG has acquired the Paseo Del Mar office building in San Diego, USA for its open-ended real estate fund UniImmo: Europa in a transaction worth around US & ...

Realty Capital collaborates with Al Naboodah to boost €160 mln. i-Rise resources (UAE)

Realty Capital Middle East FZ LLZ has announced that it has cooperated with their main contractor Al Naboodah to improve the resources on its AED 1 billion (

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