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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 ...

NCC to extend ICA Maxi in Skövde for SEK 180m (SE)

NCC Construction has been commissioned to extend the ICA Maxi hypermarket in Skövde. The assignment is worth SEK 180 million (c. €18m) and was ordered by AB Skövde Köpmannen 2, which is ow ...

DDC acquires multi-purpose development site in Cluj-Napoca, Romania (RO/UK)

Dawnay, Day Carpathian PLC (DDC) has acquired a multi-purpose development site for €14.3 million in Cluj-Napoca, Romania (the 'Cluj Transaction'). This acquisition is the first of the pipelin ...

Niam expands into Finland (FI/SE)

Niam reinforces its presence in Finland by setting up an office in Helsinki. Pekka Salakka has been appointed as Managing Director and will be responsible for building the organization in Finland. Nia ...

Modulus sells Office Campus Hardenburch in Rijswijk (NL)

Modulus Vastgoedondernemingen has sold the Office Campus Hardenburch in Rijswijk to Henderson Global Investors. The Office Campus Hardenburch offers high quality office space in seven office buildings ...

Orco fund buys office building in Prague (CZ)

The Endurance Office and Retail Fund, managed by Orco Property Group, and Passerinvest Group have announced the successful acquisition of the building E of BB Centre in Prague. Building E is an A Clas ...

Norwegian Property makes offer for Norgani Hotels (NO)

Norwegian Property ASA is in the process of implementing Norway's largest ever property acquisition by making a voluntary offer for all the shares in Norgani Hotels ASA (Norgani). If this offer is acc ...

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