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French returns top 20% in all four sectors (FR)

French property total returns exceeded 20% at the end of 2006 with a total return of 21.7%, the highest level since 1998. Over the 3-year and 5-year periods to 2006, total returns were 15.6% per year ...

Fabege sells eight properties in Sweden for approx. €132 million (SE)

Fabege has sold eight properties in Årsta and Botkyrka to Diös & Kuylenstierna Förvaltning AB for approx. €132 million (SEK 1,350 mln). The sale will result in an after-tax gain of abo ...

Neo Shopping Mall in Eskişehir officially opened (TR)

Eskisehir's first shopping mall has been opened by Prime Minister Recep Tayyip Erdogan. Neo Shopping Mall, constructed by Yapý Kredi Koray Real Estate Investment Partnership and bought by Bosporus Re ...

IKB Deutsche Industriebank opens real estate finance division in Italy (IT/DE)

IKB Deutsche Industriebank AG, a German bank specializing in long term credit to companies, has announced that it has opened a new division dedicated to real estate financing in Italy. Head of the Rea ...

Hypo Real Estate and HSH Nordbank provide £150m loan facility in London (UK/DE)

Hypo Real Estate Bank International AG – a member of Hypo Real Estate Group - and HSH Nordbank AG, have announced the provision of a secured £150 million (approx. €205 mln) Loan Fac ...

Burj Dubai sets global record with 120 levels (UAE)

Burj Dubai, already the tallest structure in the Middle East and Europe, has set a new global record for having more floors than any building in the world. Currently, at 120 stories and 422.5 meters h ...

Rodamco and Unibail to create leading pan-European commercial property company (NL/FR)

Rodamco Europe N.V. and Unibail Holding S.A., have announced that they intend to combine both companies to create the leading pan-European commercial property company. The combination will be a merger ...

TDIC partners Al Farida Investment for AED500mln hotel, apartments and mall complex (UAE)

The UAE capital's Tourism Development & Investment Company (TDIC), which manages the tourism assets of the Abu Dhabi Tourism Authority (ADTA), has partnered with Abu Dhabi's Al Farida Investment C ...

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