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Allianz sells property portfolio to the Whitehall Funds for €1.7bn (DE)

Following the sale of a tranche of properties to IVG in August 2007, Allianz Immobilien GmbH has now sold a further portfolio of commercial property worth some €1.7 billion to subsidiaries of ...

EUROPARK Salzburg distinguished as best shopping center in the world (AT)

The ICSC Award is to the international shopping center branch what the Oscar is to the film industry. At its annual conference in Phoenix (USA), the "International Council of Shopping Centers" (ICSC) ...

Heijmans and Hurks sell office building in Eindhoven (NL)

Heijmans Property Development and Hurks Property Development - both 50% partners in the Kennedy Business Center CV - have sold the 'De Kennedy Toren' office tower, part of the Kennedy Business Center ...

JER Partners sells 50% stake in Andaz Liverpool Street London to Global Hyatt (UK)

JER and Hyatt acquired the 267 room luxury hotel in London in March 2006 through a 50:50 joint venture. Since the acquisition, the joint venture has undertaken a £4.8 million (approx. €6.2 mln.) cap ...

After the C&A eco store, REDEVCO now to develop green shopping centers (NL)

REDEVCO plans to assess its retail developments in Europe according to green building rating standards, as part of our commitment to improving the energy efficiency of our operations and to accelerati ...

Dawnay, Day Treveria PLC agrees to acquire two Hertie stores for €22 mln. (DE)

The first property adjoins the shopping center, Nordsee Passage, Wilhelmshaven, Lower- Saxony, which was acquired by DTR in November 2006 from DEGI (Deutsche Gesellschaft fur Immobilienfonds) GmbH.The ...

4IP European Real Estate Fund of Funds increases Net asset value (EU)

The real estate fund of funds "4IP European Real Estate Fund of Funds" has been launched successfully. The fund invests in European non-listed real estate funds and offers in particular to Swiss insti ...

Helaba completes major financing facility for AIB's Polonia Real Estate Fund II (PL/CZ)

Helaba Landesbank Hessen-Thüringen has provided a €300 mln. cross border acquisition and term loan facility to the Polonia II real estate fund. The eight year facility covers investments in major CE ...

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