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Fabege strengthens holdings in central Stockholm (SE)

Fabege has acquired Mimer 5, a property with 12,100 m² of lettable space in Vasastan, Stockholm, for approx. €38 million (SEK 380 million). The seller is Akademiska Hus. The transfer ...

Pramerica Real Estate Investors develops Mövenpick Hotel in Düsseldorf (DE)

Pramerica Real Estate Investors on behalf of ist open ended fund TMW Immobilien Weltfonds has acquired a project development in Düsseldorf. At the end of 2008 a four star Mövenpick hotel will be bui ...

Qatari Diar Real Estate Joint Venture with Northcourse and Sotheby's

Qatari Diar, a regional leader in sustainable real estate development, and NorthCourse, a global leisure real estate consulting and asset management company, have signed a joint venture partnership ag ...

Hines acquires Two MacArthur Ridge in Dallas (US)

Hines has announced the acquisition of Two MacArthur Ridge, a six-story, 247,000-ft² office building located on a 7.5-acre site in the Las Colinas submarket of Dallas. Two MacArthur Ridge was ...

ING Real Estate Finance closes US$66.9m financing with Redrock NoHo Residential LLC (US)

ING Real Estate Finance (USA) LLC successfully closed a US$66.9 million first mortgage acquisition loan to Redrock NoHo Residential LLC, a joint venture comprised of affiliates owned and contr ...

IVG has successfully placed convertible bonds (DE)

IVG Immobilien AG has successfully placed convertible bonds with a maturity of 10 years and a placement volume of €400 million. Due to strong demand the transaction was five times oversubscri ...

LaSalle names two Co-Heads of LaSalle Investment Managements European Operations (UK)

LaSalle Investment Management has announced that Simon Marrison and Charles Maudsley have been appointed Co-Heads of LaSalle Investment Management's European Operations, effective immediately. Jeff Ja ...

Garigal Asset Management purchases €240 million of German Retail property (DE/UK)

Private equity real estate manager Garigal has purchased over €240 million of retail property in Germany.Garigal's strategy is to grow the asset base of the portfolio to €1 billion i ...

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