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Aberdeen recruits UK property team (UK)

Aberdeen Property Investors (API) has announced the recruitment of a seven-strong property investment management team from Credit Suisse Asset Management, led by Glenn Newson. Glenn will join API as h ...

Land Securities Trillium lands Royal Mail portfolio (UK)

Land Securities Group PLC announces that its property partnership business Land Securities Trillium ('LST') has completed the acquisition of a portfolio of 285 properties from the Royal Mail, for arou ...

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 ...

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