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Schwab launches global real estate fund (US)

Charles Schwab Investment Management (CSIM), the asset management affiliate of Charles Schwab and Co., Inc., has launched its first proprietary real estate securities fund. The Schwab Global Real Esta ...

Deyaar to launch exclusive AED300 million office tower (UAE)

Scaling up presence in the heart of Dubai's business hub, Deyaar has announced the launch of its new office tower – Fifty one @ Business Bay – with a project value of over AED 300 million (approx. ...

Sonae Sierra enters Romanian market (RO/PT)

Sonae Sierra has agreed with a Romanian developer based in Ramnicu Valcea, and current owner of the property, to acquire the already operating shopping center River Plaza Mall in Romania. River Plaza ...

Jones Lang LaSalle opens new office in Helsinki, Finland (FI)

Jones Lang LaSalle has announced it is to expand in the Nordic region by opening a new office in Helsinki, Finland and join forces with an experienced local team, who have to date been operating under ...

AVENIR Business Park in Prague to be expanded with new building (CZ)

Building E, the fourth in a series of administrative buildings, will expand the AVENIR Business Park office complex in Nové Butovice in Prague 13 at the turn of 2007/2008. The construction work on Bu ...

Retail sector takes top spot in Austria, says IPD (AT)

The Austrian All Property total return for 2006 was 6.5%, says IPD. This return is the highest posted since the beginning of the index and constitutes an increase of 90 basis points on 2005. Property ...

Cofinimmo concludes 3 transactions in Belgium (BE)

Cofinimmo has announced the conclusion of three transactions, of which the acquisition of the shares of Media Corner SA, owner of the new building RTL House in Schaerbeek and two development projects ...

SEB ImmoInvest acquires German real estate portfolio for €237 million (DE)

SEB Immobilien-Investment GmbH has acquired a portfolio of six German office and retail properties comprising total space of approximately 78,300 m² for its mutual fund SEB ImmoInvest from ZÃ ...

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