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Statuto Group buys Herald Square building in New York (US/IT)

Statuto Group has announced the purchase of Herald Square building in Manhattan, New York. The 103,000 ft² mixed-use building comprises both office and retail space. DTZ originated the deal, ...

VDHG sells residential project in Poznań (PL)

Von der Heyden Development, the service consultancy arm of Von der Heyden Group, has announced that Von der Heyden Group has sold the residential project Maraton Gardens in Poznan to the Spanish devel ...

CGG reinforces management with Hans-Joachim Kühl (DE)

Commerz Grundbesitz Group (CGG) will reinforce its management to include Hans-Joachim Kühl (39) who will join the Board of Managing Directors as of 1 July 2007. Kühl's tasks will specifically includ ...

Construction begins on AED 8 bln Capital Centre in Abu Dhabi (UAE)

Abu Dhabi National Exhibitions Company has announced that construction has recently started on the Capital Centre development in Abu Dhabi, an AED 8 billion (approx. €1.5 bln) business and re ...

HSH Nordbank and Aurelius Capital launch European real estate mezzanine fund (DE)

HSH Nordbank AG and Aurelius Capital Management have established a joint venture under the name of Aurora Real Estate Partners. The aim of the newly created platform is to establish and manage a portf ...

Aberdeens European Shopping Property Fund acquires shopping center in the Netherlands (NL/UK)

Aberdeen Property Investors announces that one of its Pan-European funds, Aberdeen European Shopping Property Fund, has acquired an inner city shopping center, 'Scheepjeshof', for €34 million ...

CBRE acquires French firm specializing in residential property (FR/US)

CB Richard Ellis Group, Inc. (CBRE) has announced the acquisition of Guy Neplaz Conseil (GNC), one of the leading real estate services companies in France specializing in residential property. Founded ...

DEGI assigns management of its German properties to HOCHTIEF and EPM Assetis (DE)

DEGI Deutsche Gesellschaft für Immobilienfonds mbH has re-assigned its service orders for property management in Germany itself. HOCHTIEF Property Management GmbH and EPM Assetis GmbH, a company of t ...

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