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Commerz Grundbesitz invests for the first time in Luxemburg (LU/DE)

At the end of last week, Commerz Grundbesitz Group (CGG) invested for the first time in Luxemburg by signing the deed for the President office building development in the City of Luxemburg. The transa ...

Hypo Real Estate Bank finances CIT Group's purchase of office building in Krakow, Poland (PL/DE/UK)

Hypo Real Estate Bank International AG, a member of Hypo Real Estate Group, has announced that it has provided CIT Group with a €45-million senior investment and development loan for the acqu ...

ÆRIUM disposes of €348-mln. Celsius Portfolio - 34 assets located across France (FR/UK)

ÆRIUM has conditionally exchanged contracts for the sale of The Celsius Portfolio to Invista Real Estate Investment Management Holdings plc and Propinvest Group Ltd. This portfolio consists of 34 hig ...

South African Property continues to play in the top league (ZA)

The South African commercial property market achieved total returns of 26.7% in 2006, the second highest annual return since the start of the index in 1995. This strong result was below the 2005 overa ...

Cable & Wireless and British Land strike deal (UK)

British Land has concluded an £88 million (approx. €121 mln) sale and leaseback deal with Cable & Wireless for nine properties. The 25 year leases are RPI linked to a maximum of ...

German Real Estate Fund acquires €29.3 retail warehouse near Frankfurt (DE/UK)

Asset manager London & Capital has announced that its German Real Estate Fund has acquired a retail warehouse in Heppenheim, near Frankfurt, for €29.3 million. This latest acquisition for ...

Andrew Vaughan appointed Chief Operating Officer of Redevco Europe (NL)

Andrew Vaughan is to join the board of Redevco Europe as Chief Operating Officer, effective 1 June 2007. Andrew Vaughan is currently Managing Director of Redevco United Kingdom and Nordics. He succeed ...

Omniyat Properties to launch AED 500m The Pad at the Dubai International Property Show (UAE)

Omniyat Properties, the real estate development arm of Omniyat Holdings, will launch the world's first Cybertecture apartment tower and the region's most technologically advanced building 'The Pad' at ...

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