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MaMaison Hotels & Apartments acquires Parkhotel Vienna in Poland (PL)

MaMaison Hotels & Apartments, a brand belonging to ORCO Property Group, has become the new owner of the luxury 4-star hotel Parkhotel Vienna in Poland, with effect from 1 October 2006. Parkhotel V ...

Sponda sells properties to logistics property fund (FI)

Sponda Plc has sold seven logistics properties to Sponda Real Estate Fund I Ky, a logistics property fund established on 30 June 2006. The properties are located in Tampere, Turku and the Lahti region ...

Great Portland Estates and London Merchant Securities in merger talks (UK)

The Board of Great Portland Estates plc ("GPE") confirms that it is engaged in preliminary discussions with London Merchant Securities plc concerning a potential merger. GPE anticipates that any merge ...

Corio's CFO resigns (NL)

Yesterday Mr John Kuik has resigned as CFO of Corio N.V. as a result of differences of opinion regarding policy matters.Corio will search for a replacement as soon as possible and in the meantime Mr J ...

Beni Stabili closes sale of 27 properties from ex Comit Fund portfolio to Operae Group (IT)

Beni Stabili has signed the closing for the sale to the Operae Group of 27 properties from the ex Comit Fund portfolio. The total sale price is €105.6 million.As announced previously, Beni Stabili si ...

Sonae Sierras PERSONÆ Project wins ECO Award from American Chamber of Commerce (PT)

PERSONÆ, a groundbreaking project in the shopping and leisure center business, developed by Sonae Sierra with the support of DuPont Safety Resources, has just won the Eco Award, in the "Corporate Soc ...

ING completes sale of 83.7% stake in Deutsche Hypothekenbank (DE)

ING Group has announced that it has completed the sale of its 83.7% stake in Deutsche Hypothekenbank AG, a publicly listed mortgage bank in Germany, as part of ING's strategy to focus on its core busi ...

Citycon finalizes non-core property portfolio transaction (FI)

On 20 July 2006, Citycon agreed to sell a portfolio of non-core properties to a fund managed by Kenmore Property Group Limited. Closing of such transaction took place yesterday. One property that was ...

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