DEGI INTERNATIONAL makes a €38-million purchase in Toulouse (FR/DE)

For its DEGI INTERNATIONAL fund, the property fund company DEGI Deutsche Gesellschaft für Immobilienfonds mbH is investing approximately €38 million in an office project development in Toulo ...

Australia's Valad Property Group to acquire 72.3% interest in Teesland (AU/UK)

Australian-listed Valad Property Group is to acquire UK property company Scarborough. The deal, worth £865 million (€1,286 million), will create a substantial pan-European and Austra ...

Banimmo closes public offering successfully (BE)

Banimmo, the property redevelopment company, has successfully closed its initial public offering through an early closing. The operation enabled the company to raise €55 million, being the ma ...

London construction inflation set to triple (UK)

Construction inflation in London is set to rise by three times the rate of consumer inflation over the next two years, says EC Harris. The international consultancy's latest Economic Survey shows that ...

Echo to realize 38 new projects totaling €1.3 bln (PL)

Echo Investment has announced that it is planning 38 new projects in Poland with a combined leasable and saleable area of 630,000 m² and worth €1.3 billion. The investments are plann ...

Construction starts of Newport Nesselande (NL)

On Thursday, 21 June, 2007 Alderman Hamit Karakus (responsible for Residential and Spatial Planning) has given a playful kickoff to the construction of Newport Nesselande at the Zevenhuizerplas in Rot ...

ING Real Estate acquires office property in Frankfurt (DE/NL)

The ING European Office Fund, managed by ING Real Estate, has acquired No. 15-17 Mainzer Landstrasse, an office property in Frankfurt, from Union Investment Real Estate for €28.5 mill ...

Union Investment purchases Luxembourg property (LU/DE)

Hamburg-based Union Investment Real Estate AG has acquired the Da Vinci office building in Rue Lou-Hemmer near Luxembourg airport for its UniImmo: Europa open-ended real estate fund. The purchase of t ...