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GE and Pirelli RE acquire portfolio of non-performing loans from Banca Antonveneta in Italy (IT)

GE Real Estate Italy and GE Commercial Finance Services Italy, two units of GE ("GE"), and Pirelli RE have acquired a portfolio of non-performing loans from ABN Amro's subsidiaries Banca Antonveneta a ...

Cordea Savills acquires flats for Student Hall Fund (UK)

Cordea Savills has completed the purchase of a high quality block of studio flats in Birmingham for its Student Hall Fund. The property will be directly let to students and is being bought for &#1 ...

GTC acquires retail and office site next to Sazka Arena in Prague (CZ)

Globe Trade Centre S.A., acting through its Czech subsidiary, together with its partners, RREEF (real estate fund managed by Deutsche Bank A.G.) and Scorpio (BS Group), acquired a 9-hectare site locat ...

Land Securities' Chairman Peter Birch steps down (UK)

Land Securities announces that Peter Birch (69), non-executive Chairman, has stepped down from the Board and as Chair on 1 January, 2007, following a highly successful nine years with the Group.Commen ...

Citycon to build retail center in Lentola in Kangasala (FI)

Citycon has reached an agreement with Skanska to build a new retail center in Lentola, Kangasala, some 13 kilometres from downtown Tampere. The retail center's leasable area totals around 12,000 m& ...

Rodamco Europe enters the Russian market (RU)

Rodamco Europe N.V. announces the acquisition of 50% of the top quality pipeline project, Metropolis shopping center development in Moscow from the international developer and investor Capital Partner ...

VastNed Offices/Industrial acquiresMechelen Tower (BE)

Dutch based office property investor VastNed Offices/Industrial has acquired the properties Mechelen Tower and building F, both located in the business park Mechelen Campus, for €27.9 million.The acq ...

Arlington launches €1.2 billion Continental European Logistics Fund (UK)

Arlington Securities has announced the launch of its Continental European Logistics Fund. Arlington is part of the Australian listed Macquarie Goodman Group. The fund has equity commitments that will ...

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