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Realignment of GRUNDWERT-FONDS progressing (DE/US)

DEGI Deutsche Gesellschaft fuer Immobilienfonds mbH has sold properties in Hamburg, Munich and Berlin worth €142 million to RFR-Holding Group.As part of its active portfolio management strate ...

Aareal Bank AG awarded at Central & Eastern European Real Estate Quality Awards 2006 (DE/PL)

Aareal Bank AG has won the CEE Real Estate Quality Award for 2006 as the best European Banking and Financial Services Company in Central and Eastern Europe.The award has been presented at the Central ...

DTZ launches European property fund of funds (EUR)

DTZ Investment Management (DTZ IM) is to launch ‘Aurora Europe Property Fund’, a European property fund of funds targeting real estate value added strategies in core and emerging pan ...

Zorlu buys KGM land with record $800 million bid (TR)

Zorlu Holding, one of Turkey's leading industry groups, has become the new owner of General Directorate of Highways (KGM) land in Zincirlikuyu, Istanbul, with a record €567 million ($ ...

Sonae Sierra achieved a total net profit of €270.6million in 2006 (PT)

In 2006 Sonae Sierra achieved a total net profit of €270.6 million, which represents a 23% increase in comparison to 2005. EBITDA grew by 20%, from €5.7 million to €150.3 mi ...

Peel unveil £5.5 billion investment plans (UK)

Peel, owners of Mersey Docks & Harbour Company and Liverpool John Lennon Airport, today unveiled plans for one of the largest regeneration schemes in the country. The visionary scheme will see Liv ...

Minerva gets go ahead for Park Place retail development scheme (UK)

Park Place has been granted detailed planning permission by the London Borough of Croydon. When completed it will provide 900,000 sq ft of accommodation, comprising principally of retail space and res ...

Jones Lang LaSalle Hotels wins single asset deal of the year award (IT)

Jones Lang LaSalle Hotels has been awarded for its part in last year‘s sale of the Four Seasons Milan. The award presented at the International Hotel Investment Forum in Berlin recognised th ...

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