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Skanska to build casino in Washington for US$120 million (US)

Skanska has been contracted to build a casino in Snoqualmie, Washington in the US. The contract amount is approx. €85 million (US$120 million), which is included in the order bookings ...

Claudio Miguel Lagemann appointed Global Head of HSH Nordbanks Real Estate Division (DE)

Claudio Miguel Lagemann (48) will become Global Head of HSH Nordbank AG's Real Estate Division effective April 1, 2007. He will succeed Bernhard Visker, who was promoted to HSH Nordbank's Management B ...

ECE and Sparkassen Immobilien present Serdika Center Sofia at MIPIM (BU/DE/AT)

On Tuesday 13 March 2007, ECE and Sparkassen Immobilien presented the new shopping and office center Serdika Center in Sofia, Bulgaria, at MIPIM in Cannes. The total investment volume of the new Serdi ...

€900 million corporate credit facility for Multi Corporation (NL/DE)

Multi Corporation B.V. has entered into a €900-million corporate credit facility arranged by its corporate lenders Hypo Real Estate Bank International A.G. and NIBC Bank N.V. The new facility ...

Europa Capital announces an Emerging Europe Fund (EUR)

Europa Capital announces the establishment of its new opportunity fund, the Europa Emerging Europe Fund. It will invest over €600 million in Eastern and South Eastern European countries, incl ...

ThyssenKrupp sells real estate portfolio (DE)

ThyssenKrupp has sold a portfolio of commercial real estate assets to a consortium comprising a real estate fund managed by Deutsche Bank, RREEF Global Opportunities Fund II, as well as the investors ...

ING Real Estate acquires Stadtgalerie Heilbronn from ECE (DE/NL)

ING Real Estate Investment Management has agreed to acquire the Stadtgalerie Heilbronn shopping mall development from ECE Projektmanagement for a total investment sum, including any tenant improvement ...

Dutch property total returns increase for fifth year running (NL)

The total return for 2006 on all commercial property in the Netherlands was 12.5%, the highest since 2000. This positive result was significantly higher than the bond return at - 1.1%, but below the e ...

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