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Aareal Bank sells portfolio of SPLs and NPLs to Merrill Lynch (DE/US)

Aareal Bank has sold another portfolio of sub- and nonperforming loans (SPLs/NPLs) to Merrill Lynch's Global Principal Investments ("ML GPI"). The parties have agreed not to disclose the terms of the ...

Centuria Capital to develop Centuria Heights office tower in Dubai (UAE)

Centuria Capital, the Dubai subsidiary of the Paris based investment bank Financiere Centuria, has launched its first development in Dubai, Centuria Heights, a $68-million (approx. €4 ...

Zueblin announces new local management in Germany and the Benelux (CH/DE/NL)

Züblin has announced two appointments for local management in Germany and the Benelux. On 1st April 2007, Dr. Oliver Bäumler will start as CEO in Germany and Joost Bakker will start as Regional Asse ...

RICS organizes two sessions at Central Europe Meeting Point

The President of the Royal Institution of Chartered Surveyors (‘RICS’), Mr. Graham Chase FRICS, will be a Keynote Speaker at the CEMP's session ‘Professionalism and the Prop ...

Multi opens the Lilien-Carré in Wiesbaden (DE/NL)

On March 22, 2007, the Lilien-Carré shopping center in Wiesbaden, Germany, was officially opened to the public. The project is situated next to the main railway station and is fully let. The develope ...

Zueblin acquires two office buildings in Paris (FR/CH)

Züblin Immobilière France is acquiring two buildings in the western business district of Paris for a combined €76 million and therewith has completed the first phase of its acquisition prog ...

ING Real Estate sells Cannstatter Carré in Stuttgart to LaSalle and Morley (DE/NL/UK)

ING Real Estate Development has announced the sale of the shopping center Canstatter Carré in Stuttgart, Germany to the property fund Encore+ managed by LaSalle Investment Management and Morley Fund ...

Sama Dubai wins İETT land after bidding war (TU/UAE)

The Sama Dubai, a subsidiary of Dubai Group, has finally obtained long-desired land owned by the Ýstanbul Transportation Authority (ÝETT) in Levent for $705 million after a fierce bidding wa ...

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