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Belgian property steady in 2005 according to IPD Index (BE)

Commercial property in Belgium in 2005 returned investors 6.6%, IPD showed in its first consultative release for the country.The Office sector, representing 80% of the databank value, returned 6.2%. I ...

JM acquires residential properties in Stockholm (SE)

As a component of its project development strategy, JM is acquiring the residential properties Kortvingen 1 and 2, located on Nathorstvägen in Hammarbyhöjden, Stockholm, for about €2,51 (SE ...

GTC to develop another shopping center in Romania (PL/RO)

GTC Romania has recently finalized the purchase of a 33,000 m² plot in central Arad, Romania. On this land GTC will develop a shopping center of 25,000 m². The development is part of the joint vent ...

Principal Real Estate Investors acquires New York City office building (US)

Principal Real Estate Investors has acquired a majority interest in 1412 Broadway on behalf of an institutional client. The acquisition was done in a joint venture with an entity of Murray Hill Proper ...

JER makes €39 million acquisition in Italy (IT)

JER Partners ("JER") has acquired an Italian portfolio of five retail showrooms from Mete SpA (Mete), Italy's fifth largest household furniture retailer for €39 million in a sale-leaseback transactio ...

Tishman Speyer acquires Elisenhof in Munich from Bayerischer Bau und Immobilien Gruppe (DE)

Tishman Speyer, the global real estate owner, developer and investor, announces an agreement to acquire Elisenhof, an office and retail complex covering an entire block in the center of Munich from Ba ...

HypoVereinsbank sells €960 million loan portfolio to Goldman Sachs (DE)

Bayerische Hypo- und Vereinsbank AG (HVB) has sold a €960 million non-performing real estate loan portfolio to Goldman Sachs following a competitive auction process. Approximately 60% of the ...

Hines acquires five-property portfolio in California (US)

Hines has announced that it has acquired Watergate Office Towers, a 1.2 million-ft², five-building suburban office complex in Emeryville, CA. The complex comprises four high-rise office build ...

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