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Hypo Real Estate Bank finances project in Hamburg (DE)

Hypo Real Estate Bank AG is financing the 'Wallhöfe' project of Deutsche Immobilien AG and HAMBURG TEAM Gesellschaft für Projektentwicklung in the Neustadt quarter of Hamburg. The financing volume t ...

British Land sells two retail parks for approx. €42 million (UK)

British Land has exchanged contracts to sell two retail parks to Invista Fund Management for a total consideration of approximately €42 million (£30.3 million). The parks are Queens ...

Europa Immobiliare No.1 completes first acquisition in the Netherlands (NL)

Cordea Savills, on behalf of Europa Immobiliare No.1, an Italian-domiciled property fund for private investors, has completed its first acquisition in the Netherlands, buying the office headquarters o ...

Deutsche EuroShop purchases shopping center in Passau, Bavaria (DE)

Deutsche EuroShop has acquired a 75% interest in the Stadt-Galerie Passau in Bavaria. The proportional investment volume amounts to around €95 million. Investment partner is the ECE Group, wh ...

Citycon to acquire Tumba Centrum shopping center nearby Stockholm (SE/FI)

Citycon has signed an agreement to buy all Tumba Centrumfastighets AB shares from Doughty Hanson & Co for approximately €60.8 million (SEK 550 million). The company owns Tumba Centrum, a ...

Capital & Regional announces that X-Leisure Fund sells Star City in Birmingham (UK)

Capital & Regional plc, the co-investing property asset manager, has announced that the X-Leisure Fund, the largest owner of leisure real estate in the UK, has exchanged contracts unconditionally ...

Slough Estates announces Board appointments (UK)

Slough Estates International has announced the appointment of Lesley MacDonagh, currently a Director at Lovells, one of the largest business law firms, as a Non-Executive Director on the Board of Slou ...

UAE construction costs driven upwards by major increase in material prices (UAE)

Construction costs in Dubai rose by more than 28% in the first eight months of the year due to a 32% increase in material prices, according to the new 'UAE Construction Cost Bulletin', published by in ...

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