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NIBC acquired by Kaupthing Bank (EUR)

Kaupthing Bank hf. (Kaupthing) and the consortium of shareholders of NIBC Holding NV have entered into an agreement to purchase the entire share capital of NIBC Holding NV (NIBC) for approximately &am ...

Energomontaz-Poludnie develops residential project in Katowice (PL)

In the fourth quarter of the year, Energomontaz-Poludnie is to begin a residential project in Katowice. The first stage of the project involves the construction of 188 apartments (22 four-story buildi ...

Deka buys office property in Mexico City (MX/DE)

Deka Immobilien Investment GmbH is extending their international commitment by a first investment in Latin America. By purchasing the class A office property Torre de los Parques, they acquire a super ...

Plaza Centers continues expansion in Romania (RO/IL)

Plaza Centers N.V. has acquired a site in Slatina, in southern Romania. The site totals approximately 20,000 m² and is located in the north-western part of Slatina. Plaza plans to build a sho ...

$730m of new orders for Balfour Beatty construction in US (US/UK)

Balfour Beatty has announced that Balfour Beatty Construction LLC (BBC), its US building construction subsidiary, has been awarded four major contracts, including its first under the $30-billi ...

Foreign investors go treasure hunting on Berlin property market (DE)

The real estate market in Berlin is booming – with demand increasing from foreign investors in particular. Liegenschaftsfonds Berlin, a subsidiary of the state of Berlin that markets state-owned prop ...

Aareal Bank sells majority stake in Immobilien Scout (DE/AU)

Aareal Bank AG has sold its 66.22% stake in Immobilien Scout GmbH, Berlin, to a syndicate of investors led by Macquarie Bank Ltd and Publishing and Broadcasting Ltd, both based in Sydney, Australia. T ...

Planning permission granted on 120 Moorgate, London (UK)

The City of London have granted conservation area consent and planning permission for the redevelopment of 120 Moorgate in London E1. The new Redevco scheme provides for a 14,540-m² mixed-use ...

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