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Hufvudstaden acquires property in Stockholm (SE)

Hufvudstaden has acquired the Rännilen 15 property at Smålandsgatan 12 in central Stockholm. The seller is Handelsbanken Liv. The purchase price is approx. €31 million (SEK 312.5 mln) and t ...

Züblin France reports annual results and new acquisition (FR)

Züblin Immobilière France, the publicly listed French REIT vehicle of Züblin Immobilien Holding AG, announced net income for the financial year 2006-2007 of €9.7 million. Additionally, the ...

Simon Smith appointed Managing Director REDEVCO United Kingdom (UK)

REDEVCO has announced that Simon Smith (40) will take over as Managing Director of REDEVCO United Kingdom on 13 August 2007. His predecessor, Andrew Vaughan, is to join the board of REDEVCO Europe as ...

DEGI Global Business fund acquires shopping center in Brindisi (IT/DE)

DEGI Deutsche Gesellschaft für Immobilienfonds mbH has invested around €73 million in the retail gallery of the 'Le Due Colonne' shopping center in the south Italian city of Brindisi for the ...

Hansteen acquires €24.6m of property in Germany and the Netherlands (DE/NL/UK)

Hansteen (AIM: HSTN) has announced that it has acquired a further €24.6 million (£16.7 million) of real estate in Germany and the Netherlands, bringing the total of property acquired ...

Polish warehouse market sets new record (PL)

A total of 270,000 m² of new warehouse space was delivered to the Polish market in the first quarter of 2007, compared with 500,000 m² for all four quarters of 2006, according to glo ...

Life Property Fund breaks £2 bln (UK)

Standard Life Investments has announced that Standard Life's Life Property Fund, which SLI manages, has broken through the £2 billion (approx. €2.75 bln) barrier in funds under manag ...

Rodamco acquires 50% of shopping center Südpark in Klagenfurt, Austria (AT/NL)

Rodamco Europe N.V. has signed a purchase agreement to acquire 50% of shopping center Südpark in Klagenfurt, Austria. The total investment is around €34.5 million and reflects a net initial ...

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