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Considerable increase in profit for Hufvudstaden (SE)

Profit for the period after tax amounted to SEK 1,143.6 mln. (approx. €113 mln., last year 664.0 - approx. €66 mln.), equivalent to SEK 5.54 per share (3.22). The gross profit from property manageme ...

Hines and Belaya Dacha announce joint venture to develop retail park in the Moscow region (RU)

Hines and Belaya Dacha Agrofirma have announced the closing of their joint venture in the Moscow region. Hines, representing the Hines International Real Estate Fund (HIREF), has agreed to jointly dev ...

Pembroke Real Estate names Johannes Haug Managing Director of European Operations (EUR)

Pembroke Real Estate has announced the appointment of Johannes (Hans) Haug to senior vice president and managing director for Europe. In this newly created role, Haug will lead Pembroke's real estate ...

St Martins outsourced its French operations to CB Richard Ellis (FR)

St Martins, the international property investment, development and asset management company, has announced it has outsourced its property and corporate management across its French portfolio to leadin ...

New Colliers research: over 200,000 m² of mall retail space under construction in Bulgaria (BU)

There is a total of 201,000 m² of shopping mall GLA (Gross Leasable Area) under construction in Bulgaria, according to new Colliers International Bulgaria research. That is an increase of 138 ...

Landmark Liverpool project for HBG Construction (NL/UK)

HBG Construction Ltd has been officially appointed to construct the new £90m Mann Island development in Liverpool city centre, for clients Neptune Developments and Countryside Properties. Wor ...

Aareal Bank signs Agreement with AMB Europe Fund I for financing volume of up to € 275 million (DE)

Aareal Bank signs a multi-currency pan-European Master Facility Agreement with AMB Europe Fund I, FCP-FIS, for a financing volume of up to €275 million. AMB Europe Fund I, FCP-FIS, managed by ...

MEAG acquires office development in Helsinki (FI/DE)

MEAG and SRV Group Plc have signed an agreement concerning three properties in the HTC Keilaniemi business park in Espoo, Finland, and a turnkey contract for the construction of three office blocks fo ...

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