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MGPA and Concerto Développement to develop €250m logistics park portfolio in France (FR)

Macquarie Global Property Advisors (MGPA) and Concerto Développement SAS (Concerto), a company of Affine group, have signed a joint venture to develop a €250 million portfolio of major logistics dis ...

Great Portland Estates forward sells Tooley Street development for £94.3 million (UK)

Great Portland Estates plc ("GPE") announces it has agreed to forward sell its proposed 200,000 ft² office development at 154/172 Tooley Street, London, SE1 to UBS Global Asset Management (UK ...

New appointments at Aareal Financial Services Inc. USA and Aareal Bank, London Branch (US/UK)

Aareal Bank has announced that Mr. Greg Allen, President and Chief Executive Officer of Aareal Financial Services Inc. USA, New York left the company as of 9 June 2006 and that Paul Stoneham, up to no ...

Kungsleden acquires and sells in Malmö (SE)

The property company Kungsleden AB (publ) has acquired 10 properties in Malmö for approximately €18 million (MSEK 180) and sold the property Druvan 1 in Malmö for a sales price of approxim ...

JM acquires property in Malmö (SE)

JM has acquired Glasbruket 17 - a property in Limhamn, Malmö. Here, on the former industrial site JM plans to develop 150-170 new apartments. The area is situated on the harbour, close to Limhamn.The ...

Pirelli RE increases its stake in Germany (IT/DE)

Pirelli RE is strengthening its presence in the German market by raising its stake in P&K Real Estate GmbH to 90%. The company is a joint venture set up with Kronberg last October to invest in the ...

Metrovacesa acquires land to build a new Business Park in 22@, Barcelona (ES)

Metrovacesa has acquired 14,000 m² of land in the 22@ business district in Barcelona, where it is to develop a business park similar to the one it already has in the Llull- Pujades neighbourh ...

Commerzbank acquires stake in Deutsche Börse (DE)

Commerzbank has taken up a stake in Deutsche Börse again. By acquiring just over one per cent of the capital of Deutsche Börse, Commerzbank is demonstrating that it is also interested in a merge ...

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