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Hines acquires LNR Warner Center in Los Angeles (US)

Hines has announced that a subsidiary of Hines-Sumisei U.S. Core Office Fund, L.P. (Core Fund) has acquired LNR Warner Center in Los Angeles from RREEF North America. The Core Fund is an investment v ...

Sponda purchases office premises for €10.4 million (FI)

Finnish real estate investment company Sponda Plc is purchasing office premises in Ruoholahti, Helsinki, from Realinvest Oy at a price of €10.4 million. The price will be paid approximately t ...

Management Multi Development France strengthened by the appointment of Thierry Pin (FR)

The Board of Multi Development has announced the appointment of Mr T. (Thierry) Pin as from 1st December 2006. Thierry Pin will succeed Pierre Lebeau as Managing Director for Multi Development France ...

Pirelli RE and Cypress Grove International establish joint venture to invest in Poland (PL)

Pirelli RE and Cypress Grove International, an international real estate private equity fund managed by affiliates of Grove International Partners, have established a joint venture (60% owned by Grove ...

Europa Passage in Hamburg opens its doors (DE)

Today, 5 October 2006, the Europa Passage shopping center in Hamburg opens its doors. Europa Passage is one of the largest inner-city shopping malls in Germany, with 120 shops, five shopping levels, m ...

Halverton acquires Holzhauser Markt in Berlin for just over €45 million (DE)

Halverton Real Estate Investment Management has completed the largest transaction to date for the HBI Fund in Germany. The Holzhauser Markt in Berlin-Reineckendorf accommodates almost 50 tenants o ...

Double AA rating for Standard Life Investments (UK)

Fund manager Standard Life Investments has announced that both its UK Equity Growth and the UK Ethical Fund have received prestigious 'AA' ratings from Standard & Poor's (S&P).The news means t ...

Sparinvest Property Fund commits €170 million to four real estate funds (DK)

Sparinvest Property Fund (SPF), the global property fund of funds, has just committed to the US diversified fund RREEF America REIT II, which brings total commitments to $210 million (€170 million)." ...

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