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ProLogis launches new property funds in Europe, Mexico and South Korea

ProLogis (NYSE: PLD) has announced that it has formed four new property funds that will own state-of- the-art distribution centers in Europe, the United States, Mexico and South Korea. The new funds h ...

Skanska to develop retail center in Burlöv (SE)

Skanska is developing the new Stora Bernstorp retail center in Burlöv Municipality, northeast of Malmö. When fully completed, the center will encompass a total of 35,000 m² of retail space. ...

Protego appoints Alexandra McGhee as Associate Business Development (UK)

Protego Real Estate Investors has announced that it has appointed Alexandra McGhee as Associate - Business Development. McGhee will be based in London but will cover products in the UK as well as inte ...

GPT Halverton buys three logistic and distribution centers (DE)

GPT Halverton has acquired three properties as a portfolio for the EB8 fund. The real estate is located in Steinfurt near Münster, Henstedt-Ulzburg near Hamburg and Uhingen near Stuttgart and is full ...

Construction starts of Airport City logistics park in Budapest (HU)

Construction work has begun at the Airport City logistics park in Budapest, Hungary. With its full built-up area of 65.600 m², including 47.500 m² of storage and 18.100 m² o ...

NCC to modernize shopping center in Örebro for SEK 440m (SE)

NCC Construction has been commissioned by Steen & Ström Sverige AB to modernize Marieberg Centrum in Örebro. The order is worth approximately SEK 440 million (c. €44m) and will be imple ...

Reduced availability boosts rents in EMEA office markets (EUR)

CB Richard Ellis Group Inc.'s latest EMEA Office Market View shows reduced vacancy, coupled with solid levels of leasing activity, producing upward pressure on rents across many European office market ...

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 ...

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