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PIK Group acquires commercial project (RU)

PIK Group, one of Russia's leading real estate developers, has announced the acquisition of a new site in the Moscow region for commercial development.The site, located to the north-west of Moscow, co ...

Sjælsø initiates Copenhagen Towers in Ørestad at DKK2 bln. (DK)

One of the largest Danish commercial buildings is to be built in Ørestad, when Sjælsø Gruppen now initiates the first two stages of Copenhagen Towers of a total of 59,000 m² from a total project o ...

Multi Turkmall and Union Investment open Forum Mersin (TR/NL/DE)

On 28th October 2007 Multi Turkmall and Union Investment opened Forum Mersin Shopping and Lifestyle Centre, the largest retail project of 71,500 m² in the Mediterranean region in Turkey. The ...

Skanska sells office property in Stockholm for SEK 455m (SE)

Skanska has announced that it is selling the Årstaäng 4 office property, transferred with leasehold right, in Stockholm for SEK 455 million (ca. €45m) to a company jointly owned by Balder a ...

ING Real Estate opens first phase of City Square scheme in Genk, Belgium (BE/NL)

ING Real Estate has announced the opening of the first phase of the City Square scheme in Genk, Belgium. The first phase of this mixed-use scheme includes 19 retail units, fully leased to an attractiv ...

Simon Property Group names David Simon Chairman of the Board (US)

The Board of Directors of Simon Property Group, Inc. (NYSE: SPG) has announced that CEO David Simon has been named Chairman of the Board of Directors, effective as of October 25, 2007. Melvin Simon ...

IMMOFINANZ and Frankonia develop office complex at Düsseldorf airport (DE)

IMMOFINANZ has concluded a further major investment in Germany, acquiring the last available plot at Düsseldorf airport in the 'Airport City' project currently under development. Over the next two ye ...

Hines and CalPERS acquire Guaranty Bank building in Denver (US)

The Denver office of Hines has announced that it has acquired the Guaranty Bank Building in Lower Downtown Denver (LoDo). It was acquired on behalf of National Office Partners Limited Partnership (NOP ...

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