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Aareal EF signes promissory agreement logistic site Milan (IT)

Aareal Eurologistic Fund, a closed end real estate fund managed by Aareal Asset Management, signed a Promissory Purchase Agreement for a logistic site located in the south of Milan for approximately  ...

Successful completion of €28 million financing for Redgroup (CZ)

Hypo Real Estate Bank International AG has provided €28 million of senior debt to Redgroup, Czech Republic, for the refinancing of the Nagano Office and Technology Park, Prague. The transaction compl ...

German state-owned companies sell 1.5 million housing units by 2015 (DE)

By 2015, a further 1.5 million dwellings in Germany will be sold to investors via portfolio transactions. Of these, more than 1.1 million housing units will probably come from the public sector, espec ...

Befimmo buys Axento (LU/BE)

Sicafi Befimmo SCA has purchased Axento's shares, a public limited company governed by Luxembourg law and owner of the property project developed by CIP Luxembourg S.A. Details of the agreement were n ...

Standard & Poors predicts changes for Swedish rental property market (SE)

Standard & Poor's expects the outcome of the negotiations between the European Commission and the Swedish government over state aid for muncipal housing companies to cause major changes for the Sw ...

NCC divests Sveitsin Portaali in Hyvinge, Finland (FI)

NCC Property Development has divested the Sveitsin Portaali shopping center and a traffic service station in Hyvinge, Finland, to the Danish investment company EjendomsInvest. The total purchase consi ...

Galeria Podlaska set to begin construction in early 2007 (PL)

Leading real estate group Quinlan Private Golub and investor Spirit International have announced the start of construction of one of the major shopping galleries in North-Eastern Poland, Galeria Podla ...

New independent real estate investment bank launched (UK)

Maxwell James, former Global Head and Managing Director of HSBC's real estate investment banking activities, Richard Choi, former Director of the HSBC real estate investment banking group, and Julie G ...

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