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DIC Asset AG successfully placed portfolio (DE)

The Frankfurt-based DIC Asset AG has now placed a portfolio consisting of ten commercial properties and an overall area of around 60,000 m² to two Luxembourg investors advised by Westcity PLC and AXA ...

Business Bay adds new dimension to architecture in Dubai (UAE)

Dubai Properties is working with innovative architects from around the world to ensure global standards in all developments, particularly Business Bay, which is expected to add a new dimension to arch ...

Spain tops ranking of new shopping center space for 2007/2008 (EUR)

A total of more than 17 million m² of new shopping center space is due to open in Europe this year and next, according to the latest biannual edition of the European Shopping Centres Report p ...

Eurohypo finances £90-million Draco/Davy investment in London (UK/DE)

Eurohypo has funded the joint venture between Draco and its partner Davy in the £90-million (approx. €123 mln) purchase of Brettenham House, the 115,000-ft² multilet office ...

Homburg finalizes acquisition of assets in Beuningen, the Netherlands (NL/CA)

Homburg Invest Inc. has announced that is has finalized the acquisition of an industrial building with office space in Beuningen, the Netherlands. The transaction was completed at a price of &#128 ...

Hypo Real Estate and Intesa Sanpaolo provide financing facilities worth €726m in Milan (IT/DE)

Hypo Real Estate Bank International AG - a member of Hypo Real Estate Group – and Intesa Sanpaolo S.P.A. have announced the provision of two financing facilities, totalling €726 million to M ...

MHI Hospitality Corporation announces real estate joint venture with The Carlyle Group (US)

MHI Hospitality Corporation (AMEX: MDH) has announced that it has entered into a joint venture with The Carlyle Group to source, underwrite, acquire, develop and operate targeted substantial hotel ass ...

Europes private real estate funds produced stellar 2006 returns (EUR)

Europe's non-listed institutional real estate funds produced a very strong average total investment return of 20.9% in 2006, the annual INREV Index results from the industry's representative body show ...

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