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ING Clarion acquires Plaza Del Mar III office property in San Diego for $61.6 million (US)

ING Clarion Partners has announced that it has acquired the Plaza Del Mar III in the Del Mar Heights submarket of San Diego for approx. €44 million ($61.6 million). The purchase of th ...

Successful major equity offering in SPD, a new property company (SE/UK)

Scandinavian Property Development ASA (SPD), a new property company established by SEB Enskilda and Aberdeen Property Investors, has raised €370 million in new equity through a private placin ...

Brixton appoints new advisers (UK)

Brixton plc is pleased to announce the appointment of Lehman Brothers as joint broker to work alongside Citigroup. Lehman Brothers have also been appointed as joint financial adviser working with Citi ...

Dutch property managers launch benchmark (NL)

To better measure and compare the quality of their own service provision, nine major property management organisations and the Stichting ROZ Vastgoedindex have launched a pilot for a sector-specific b ...

Leasing of office space in International Business Center II in Warsaw starts at fast pace (PL)

Accession Fund, owner of International Business Center I and International Business Center II development project in Warsaw, has announced that PricewaterhouseCoopers, Union Investment and another int ...

Ann-Sofie Danielsson appointed Chief Financial Officer of NCC (NO)

Ann-Sofie Danielsson, NCC's Financial Director, has been appointed Chief Financial Officer of NCC. Since corporate staff functions will be coordinated as of March 1, the Finance unit and the current F ...

Founding of Futureal Development Co., member of the Futureal Group (HU)

Futureal Development Co., member of the Futureal Group, has been founded. Futureal Development is specialized in office and retail development. A team of ten led by Tibor Tatár CEO have contributed i ...

JER and IPAM buy 3 commercial properties in Germany for €18.5 million (DE/UK)

JER Partners has bought three commercial properties in the north of Germany from a leading German mortgage bank. The €18.5 million acquisition was made in a joint venture with International P ...

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