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Modus to build largest retail scheme in Bucharest (RO/UK)

UK developer Modus Properties, in partnership with Nova Imobiliare, are on course to build the largest retail and leisure destination in Bucharest, Romania. The developers are planning to create 162,0 ...

Niam appoints CIO (SE)

Niam has appointed Fredrik Jonsson as Chief Investment Officer. Prior to joining Niam, Fredrik Jonsson was vice president of Skanska Commercial Development Europe. At Niam, he will be responsible for ...

Rankvale completes €143 mln of retail center investments in Germany (DE/UK)

Rankvale European Property Partners (REPP) has acquired the Seidnitz Centre in Dresden via the acquisition of shares in a Limited partnership for €95 million representing an initial yield of ...

The Property Council / IPD Australian Index - $76.4 bln and growing (AU)

Australian Direct Property continues to deliver solid returns with reported performance recorded at 16.9% for March 2007. Composite property returns have dipped slightly from the 18 year high levels r ...

Prupim buys future Lufthansa HQ in Cologne (DE/UK)

Prupim has entered into a commitment to purchase the development of a new headquarters for Lufthansa in Cologne, Germany. The development was purchased from CommerzLeasing and Immobilien AG on behalf ...

LaSalle sells office building in Paris (FR/UK/IE)

LaSalle Investment Management has announced the sale of a prime property office building in Paris on behalf of one of its funds, LaSalle European Growth II, to Goodbody Stockbrokers in Ireland. The pr ...

Citycon acquires shopping center in Tallinn (EE/FI)

Citycon has agreed to acquire the shopping center Magistral, located in the Mustamäe district of Tallinn, for approximately €16.5 million. Magistral, constructed in 2000, has a leasable area ...

GE Real Estate acquires logistics project near Barcelona (ES)

GE Real Estate Iberia has signed an agreement to acquire a logistics project from Llonch Associats for approximately €80 million. Llonch Associats is developing the scheme in the town of Vila ...

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