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Gecina acquires Défense Ouest office complex for €350 million (FR)

Gecina is acquiring the 58,000 m² Défense Ouest real estate complex from the developer HRO for a total of €350 million. This complex, which is currently under construction, is strat ...

Aberdeen builds European property funds portfolio for Third Swedish National Pension Fund (UK/SE)

Aberdeen Property Investors Indirect Investment Management (API IIM), part of Aberdeen Asset Management PLC's property division, has signed a segregated account agreement with the Third Swedish Nation ...

Brixton sells Tipton estate in Birmingham for approx. €50 million (UK)

Brixton plc has sold its interest in the Vaughan Trading Estate at Tipton, Birmingham, to the Kenmore Group of Companies for approximately €50 million (£35.75 million).The 40.7-acre ...

Sjælsø Gruppen establishes subsidiary in Poland (DK/PL)

Sjælsø Gruppen continues its international development by establishing a fully-owned subsidiary in Poland. The Polish property market is currently seeing strong upward trends with substantial growth ...

Beni Stabili completes sale of property from former Comit Fund portfolio to Operae Group (IT)

Beni Stabili has announced that it has completed the sale of a property located in Via Provinciale Pisana in Pontedera to the Operae Group. The property belongs to a portfolio of 29 properties for whi ...

JM purchases property in central Lund (SE)

JM is purchasing the Raffinaderiet 1 property in central Lund, with the possibility to purchase the Sockerbiten 3 and Sockerbiten 6 properties. The properties are located in a district known as "Socke ...

FADESA signs agreement with VID Group for running of 4 leisure centers in Morocco (ES/MOR)

FADESA Group and VID Group have reached an agreement for the running of three Recreation and Leisure Centres as part of three residential developments currently being developed by FADESA in Morocco. I ...

Land Securities to convert to REIT (UK)

Land Securities confirms that, following the Extraordinary General Meeting held today, 15 December 2006, at which shareholders approved changes to its Articles of Association, it will be taking the ne ...

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