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JER sells the Marriot Courtyard Hotel in Paris (FR)

JER Partners (JER) has disposed of its 50% stake in the Marriot Courtyard hotel in Paris. The property, which is located in Neuilly-sur-Seine, is a 242-room, four-star full service hotel with approxim ...

Sjælsø Gruppen implements major retail project in Norway (NO/DK)

Through its Norwegian subsidiary, IBI Norge AS, Sjælsø Gruppen has signed an agreement to build an approximately 26,000 m² retail park in Kristiansand in Norway in cooperation with a local ...

MedicX Fund buys twelve properties (UK)

The MedicX Fund has bought 12 properties for a total €64 million (£46.2m) before costs.The Fund, which specialises in modern purpose built primary healthcare properties, said it completed th ...

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& ...

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