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Citycon buys Iso Omena shopping center in Helsinki for €329m (FI/UK)

Citycon has signed an agreement with funds managed by Doughty Hanson on the acquisition of Iso Omena, one of the largest shopping centers in Finland, located in the Helsinki Metropolitan Area. The tra ...

HSH Nordbank finances real estate portfolio for BGP (DE)

HSH Nordbank AG has provided finance for the purchase of a residential property portfolio by BGP, the joint venture between the Babcock & Brown Group and the GPT Group, within the context of a sha ...

ING Real Estate buys two office buildings in Brussels (BE/NL)

ING Real Estate has acquired two office buildings in Brussels, Belgium, on behalf of the ING Real Estate European Office Fund. The total transaction volume amounts to €22 million. The transac ...

WIB arranges £88m financing for Rolls Building, London (UK/DE)

Westdeutsche ImmobilienBank AG (WIB), in the role of arranger and underwriter, will finance the demolition and reconstruction of the Rolls Building, 110 Fetter Lane in London for £88 million ...

GPT Halverton buys property in Braunschweig (DE/UK)

GPT Halverton has acquired a commercial property in Braunschweig for its HBI fund. The transaction volume amounts to €6.15 million. The property vendor is Körber Immobilien, a regional compa ...

Rezidor to open brand in Egypt (EG/SE)

The Rezidor Hotel Group will open its fresh and energetic mid market hotel brand, Park Inn, in Egypt. As of November 2007, the 'Golden Resort by Rezidor' in Egypt will be named Park Inn Sharm El Sheik ...

Hines/Levy JV to develop 50-story office tower in Chicago (US)

Hines in a joint venture with Chicago entrepreneur and real estate investor, Larry Levy, has announced plans for a new 50-story, 1.1 million-ft² office tower in downtown Chicago. The state-of ...

Allianz sells property portfolio to IVG (DE)

Allianz has sold a portfolio of German property to IVG Immobilien AG for around €1.3 billion. The portfolio comprises several buildings currently occupied by Allianz, which the Group will lea ...

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