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NCC divests office project in Gothenburg for €43 million (SE)

NCC Property Development is selling the Nordstaden (formerly Hasselblad) office project in Gothenburg to Credit Suisse Asset Management Immobilien Kapitalanlagegesellschaft mbH (CSAM) for approximatel ...

Ivanhoe Cambridge intensifies its presence in Germany (CAN/DE)

Ivanhoe Cambridge has acquired a 92.5% interest in the Düsseldorf Arcaden shopping center currently being built in the Düsseldorf district of Bilk. The transaction will represent an investment of so ...

Hypo Real Estate Capital provides first mortgage loan for repositioning of Colonie Center in NY (US)

Hypo Real Estate Capital Corporation ("HRECC"), the New York-based subsidiary of Hypo Real Estate Bank International, announced that it closed on the $109.8 million, 24-month, floating rate first mort ...

Castellum sells residential property in Helsingborg for €26 million (SE)

Castellum has through a wholly owned subsidiary sold the last remaining pure residential property. The property, located on Slottshöjden in Helsingborg, has been sold to a new tenant owners' associat ...

GTC begins construction of GLOBIS Wrocław (PL)

Globis Wroclaw, a wholly-owned subsidiary of Globe Trade Centre S.A. (GTC), is beginning construction in Wroclaw of the class A office building GLOBIS. It is GTC's first investment in the city, offeri ...

ICSC announces Design and Development Award winners

The International Council of Shopping Centers, Inc. (ICSC) announced the winners in its 30 annual International Design and Development Awards program at a ceremony held on Thursday, November 30, 2006 ...

AXA REIM announces acquisition of Sturegallerian shopping center in Stockholm for €440m (SE)

AXA Real Estate Investment Managers (AXA REIM) are the advisers in one of the largest single property deals undertaken in Sweden this year. Sturegallerian, Stockholm's most sophisticated shopping cent ...

CGS purchases logistics center in Hanover for €25 million (DE)

Commerz Grundbesitz-Spezialfondsgesellschaft (CGS), a subsidiary of Commerz Grundbesitz Group, signed the deed for the 'Aircargo Logistics Center Langenhagen' near Hanover, Germany, which is earmarked ...

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