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Hypo Real Estate completes €51.4m financing for purchase of Manhattan Shopping Centre in Gdansk (PL/DE)

Hypo Real Estate Bank International AG has provided €51.4 million of acquisition finance to APN/UKA's European Retail Trust (ASX Code: AEZ & AEZCA). The facility will be used to purchase GCH Manh ...

Sonae Sierra kicks off refurbishment of Valecenter (IT/PT)

Sonae Sierra will invest €18 million in the refurbishment of the shopping center Valecenter, acquired in April 2005. With the end of the first refurbishment phase, the center, located in Marcon in th ...

Olle Ehrlén appointed new President and CEO of NCC (NO)

The Board of Directors of NCC AB has appointed Olle Ehrlén as new President and Chief Executive Officer of NCC. Olle Ehrlén is currently Deputy Chief Executive Officer of NCC and president of the Gr ...

Construction starts of mixed use office and retail complex Metropolis in Moscow (RU)

Construction of a new mixed use office and retail complex - Metropolis - has begun. The complex is located on Leningradskoe Shosse, one of Moscow's principle thoroughfares. Metropolis has a total area ...

Rodamco Europe reports 10.0% increase in direct result after tax in first nine months of 2006 (NL)

Rodamco Europe is reporting good results for the first nine months of 2006. Direct result after tax is up 10.0% and Triple NAV per share grew by 17.3% to €70.90 per share. Rodamco Europe is f ...

New German acquisition for CLS Holdings (UK/DE)

The Board of CLS is pleased to announce that it has exchanged contracts for the purchase of an office property in Berlin at a total consideration of €10.8 million (£7.25 million) inclusive o ...

KPMG leases office space in Naberezhnaya Tower in Moscow (RU/NL)

KPMG has signed contracts to lease 13.400 m² of office space in the ENKA'S Class A business centre Naberezhnaya Tower in Moscow-City, with an option to expand further. Jones Lang LaSalle acte ...

Aareal Bank reports a clearly stronger position (DE)

Aareal Bank Group closed the first nine months of 2006 with a significantly stronger position, reporting net income after taxes and minority interest of €73 million. The bank thus sustained t ...

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