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HSBC agrees sale and leaseback of Global Headquarters in London (UK)

HSBC has agreed the sale and leaseback of its head office building in Canary Wharf, London for £1.09 billion, the largest single property deal in UK history.A wholly-owned subsidiary of Metrovacesa, ...

INREV appoints PGGMs Johan van der Ende as new Chairman (EUR/NL)

INREV (the European Association for Investors in Non-Listed Real Estate Vehicles), has appointed Johan van der Ende, as its new chairman. Van der Ende (48) is Chief Investment Officer for Strategy and ...

ORCO takes over Berliner GSG (DE)

The ORCO Property Group, together with the Morgan Stanley Real Estate FUND V (MSREF V) is to take over the state-owned Gewerbesiedlungs-Gesellschaft mbH. With about 800,000 m² commercial and light in ...

Simon Property Group announces Q1 results and quarterly dividends (US)

Simon Property Group, Inc. has announced results for the quarter ended March 31, 2007: Funds from operations ("FFO") of the Simon portfolio for the quarter increased 9.3% to $392.4 million from $358 ...

Abu Dhabi to get unique Desert Island destinations (UAE)

Abu Dhabi – the largest of the seven emirates making up the United Arab Emirates and home to the capital city – is to create a unique multi-experience tourism destination, a culmination of the natur ...

Züblin changes group management structure (CH)

Züblin Immobilien Holding AG, the Swiss-based international property company, is expanding its group management.The current CEOs of the subsidiaries in France (Mr. Pierre Essig) and Germany (Dr. Oliv ...

Glitnir appoints Lárus Welding as new CEO(IS)

Láárus Welding has been appointed CEO of Glitnir, after Bjarni Ármannsson, who has served as the bank's CEO for the past 10 years, stepped down today. Welding has been Managing Dire ...

SEB sells its Baltic real estate portfolio to Homburg Invest Inc

The property holdings comprise one sale and leaseback portfolio of 47 properties, in which SEB intends to lease premises over a long period of time, and one commercial portfolio of 16 properties, whic ...

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