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Skanska sells property portfolio to Oppenheim for €50 mln (SE/DE)

Skanska is selling five properties in Sweden in Gothenburg, Mölndal, Malmö and Lund for approx. €50 million (SEK 500 mln). The capital gain amounts to approx. €18 million (SEK 184 ...

Increase in value of the semi-industrial portfolio of Intervest Offices (BE)

The Belgian public property investment fund Intervest Offices has released its results on 31 March 2007 (comparable figures for 2006 between brackets).With the limited offer and the still increasing d ...

EC Harris to deliver for Cardinal Health in Germany (DE/UK)

EC Harris has been awarded the commission to deliver six pharmaceutical manufacturing units in Germany for global healthcare company, Cardinal Health. The commission will provide full project manageme ...

ALDAR agrees partnership with RICS (UAE)

ALDAR Properties PJSC has announced that it has signed a crucial Memorandum of Understanding with the Royal Institution of Chartered Surveyors (RICS). The agreement has been signed with the express in ...

Total office space in Belgrade has increased by 40% since the end of 2005 (RS)

The total supply of speculative office space in Belgrade has increased by 40% since the end of 2005, according to new Colliers International Serbia research. The total inventory of quality (Class A an ...

DEGI sells German portfolio worth €2.45 bln from GRUNDWERT-FONDS (DE)

DEGI Deutsche Gesellschaft für Immobilienfonds mbH is selling a German portfolio comprising 37 properties with a current market value of around €2.45 billion from the GRUNDWERT-FONDS to affi ...

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. ...

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