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Befimmo buys Axento (LU/BE)

Sicafi Befimmo SCA has purchased Axento's shares, a public limited company governed by Luxembourg law and owner of the property project developed by CIP Luxembourg S.A. Details of the agreement were n ...

Standard & Poors predicts changes for Swedish rental property market (SE)

Standard & Poor's expects the outcome of the negotiations between the European Commission and the Swedish government over state aid for muncipal housing companies to cause major changes for the Sw ...

NCC divests Sveitsin Portaali in Hyvinge, Finland (FI)

NCC Property Development has divested the Sveitsin Portaali shopping center and a traffic service station in Hyvinge, Finland, to the Danish investment company EjendomsInvest. The total purchase consi ...

Galeria Podlaska set to begin construction in early 2007 (PL)

Leading real estate group Quinlan Private Golub and investor Spirit International have announced the start of construction of one of the major shopping galleries in North-Eastern Poland, Galeria Podla ...

New independent real estate investment bank launched (UK)

Maxwell James, former Global Head and Managing Director of HSBC's real estate investment banking activities, Richard Choi, former Director of the HSBC real estate investment banking group, and Julie G ...

JER Partners and Catalyst Capital acquire 8 mixed-use properties in Brussels for €90.5m (BE)

JER Partners ('JER') in joint venture with Catalyst Capital has agreed to acquire eight mixed-use properties in Brussels from Kungsleden AB for €90.5 million. Senior debt will be provided by ...

ProLogis enters new port market in China (US)

ProLogis (NYSE: PLD) has announced that it will develop a new, state-of-the-art industrial park at the Port of Dalian in northeastern China. Through a joint venture, ProLogis has secured land at the p ...

Kenneth Reid appointed to Executive Board of Bilfinger Berger (DE)

The Supervisory Board at Bilfinger Berger AG has appointed Kenneth Reid (41) to the Executive Board effective January 1, 2007. Kenneth Reid is currently a member of the Executive Management at Bilfing ...

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