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AED 800 million Business Bay project on track for completion in 2009 (UAE)

Rani International, the real estate development subsidiary of the Saudi-based Aujan Group, has announced that foundation work is well underway on its AED 800 million (approx. €140 mln) joint- ...

Simon Property Group opens first Premium Outlet Center in South Korea (KR/US)

Simon Property Group, Inc. (NYSE: SPG) has announced that its Chelsea division opened Yeoju Premium Outlets, the first Premium Outlet Center(R) in South Korea. The project is located on Expressway 50 ...

SEB fund acquires Europeum Business Centre in Bratislava (SL/DE)

SEB Immobilien-Investment GmbH is continuing its involvement in Central and Eastern Europe. It acquired the Europeum Business Centre in the Slovakian capital of Bratislava for its SEB ImmoPortfolio Ta ...

MEAG acquires office property in Paris (FR/DE)

MEAG has announced that it has purchased the office property Mineralis in Montrouge near Paris from a fund of The Carlyle Group. The building was completed in 2006. Mineralis has a total surface of ab ...

Standard Life enters Swedish property market (SE/UK)

Standard Life Investments has announced that it has made its first acquisitions in the Swedish property market as part of a further €35.5 million strengthening of its European Property Growth ...

Income will drive performance for the next five years, says Invesco (EUR)

45% of European real estate markets still offer attractive risk-adjusted returns over the period 2007 to 2011, according to property fund manager Invesco Real Estate. In the spring edition of its twic ...

ING Real Estate named Best Investment Manager by IPE Real Estate (NL/UK)

ING Real Estate Investment Management has won the IPE Real Estate 'Best Investment Manager' award during the IPE Real Estate Investor Forum & Awards 2007 event, that took place on Thursday 31 May ...

Report highlights €5.88 bn investment market in Pan-European student housing (EUR)

Research by property advisers GVA Grimley suggests that investment opportunities for residential student accommodation across key mainland European markets could amount to as much as €5.88 bi ...

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