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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 ...

Centrum Familijne in Warsaw - designed for success (PL)

In the Ursus-Skrosze district of Warsaw, the first convenience center in Poland, which will be opened in October 2007, is being built. The project is developed by an Israeli developer – IIC Group, a ...

Sonae and ING Real Estate broaden partnership for development of Colombo Towers (PT/NL)

Sonae Sierra and ING Real Estate have agreed on the sale of 50% of all the rights to the Colombo Towers project, including the basis of the towers, which have already been built, to Iberdrola Imobilià ...

Hypo Real Estate completes €125m financing facility for Bluespace (ES/DE)

Hypo Real Estate Bank International AG, a member of Hypo Real Estate Group, has announced that it has provided €125 million of investment, development and VAT financing to Blue Self Storage S ...

Lamda unit buys property in Belgrade, Serbia (RS)

LAMDA Development SA announces that its 100% subsidiary company in Serbia, Property Development DOO, was the highest bidder in the open public contest for the sale of the property that was possessed b ...

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