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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 ...

Aedes and Cordea Savills enter into joint venture for €350m Italian portfolio (IT/UK)

Aedes Financial Services (AFS) and Mandatoriccio, which are 50% and 60% held by Aedes, respectively, and Cordea Savills inform that in date March 29, 2007 has started 'Boccaccio', the closed-end real ...

Sponda signs final property sale agreement for roughly €401 million (FI)

Finnish real estate investment company Sponda Plc has signed a final agreement on the sale of shares in certain real estate companies, real estate properties and land sites to Whitehall Street Real Es ...

Keops sells 'Fatburen' office building in Stockholm (SE/DK)

Keops has sold the Fatburen office propert in Stockholm to Dublin-based Vico Capital at a price of approx. €259 million (SEK 2,660 million). The property was acquired by Keops in May 2005 at ...

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