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Citycon signs €600 million syndicated loan facility (FI)

Citycon Oyj has today signed a €600 million credit facility agreement with an international bank group. The facility consists of a seven year amortizing term loan of €435 million, an ...

Construction Arena City Center in Romania has started (RO)

Arena City Center recently started in Bacau, the construction of the biggest mall project in Moldova. Worth €35 million, the project will be delivered in the last quarter of 2007. Arena City ...

Aberdeen Property Investors to launch Asian Fund of property funds (UK/AU)

Aberdeen Property Investors, the specialist property arm of Aberdeen Asset Management PLC, announces the launch of an Asian Fund of property funds (AIPP Asia). To this end, Aberdeen has appointed Kang ...

GTC sells Mokotów Business Park in Warsaw (PL)

Globe Trade Centre S.A. and its three 100%-owned subsidiaries have agreed with Heitman European Property Partners III Fund the terms of sale for Mokotów Business Park in Warsaw. The property is the l ...

Hammerson sells Liberty Shopping Centre, Romford, and adjacent office buildings (UK)

Hammerson has exchanged contracts for the sale of the freehold interest in Liberty Shopping Centre, Romford, and adjacent office buildings, to Cosgrave Property Group for approximately €385 m ...

Keops Group to sell Swedish residential portfolio (DK/SE)

Keops Group has decided to offer Swedish residential portfolios for sale. This is done by offering a total pool of three Swedish property companies: parts of the Malmstaden portfolio (residences in No ...

Hines sells 225 South Sixth in Minneapolis (US)

The Minneapolis office of Hines has announced the sale of the 225 South Sixth office tower in downtown Minneapolis to ASB Capital Management. Terms of the sale were not disclosed. Hines will continue ...

DIFA-Global acquires office block at STEP business park, Stuttgart (DE)

Hamburg-based DIFA Deutsche Immobilien Fonds AG has acquired the STEP 6 office building in the Vaihingen district of Stuttgart for its DIFA-Global open-ended real estate fund, in a structured sales pr ...

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