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Citycon sells 76 non-core properties (FI)

Citycon has signed an agreement to sell 76 non-core properties to a Kenmore Property Group Limited fund. The debt-free sale price of the properties is €74 million. The gain on sale is &#1 ...

Sonae Sierra acquired plot to build shopping and leisure center in Weiterstadt commercial park (PT/DE)

Sonae Sierra (Sierra) has acquired a plot in the Weiterstadt commercial park to build a shopping and leisure center. Planning permission for the center was already issued in November 2005 and construc ...

Hammerson sells interest in 83-85 Pall Mall, London SW1 (UK)

Hammerson plc has sold its leasehold interest in 83-85 Pall Mall, London SW1, to a UK pension fund client of Orchard Street Investment Management LLP for a net consideration of approximately &#012 ...

TCN Property Projects acquires Hannover Trade Mart (NL/DE)

TCN Property Projects Germany, established in Düsseldorf, has acquired Hannover Trade Mart from Falk Gruppe, based in Munich, as from 1 July 2006. The 39,000 m² complex, that was initially opened in ...

Hypo Real Estate completes €19.7m financing for aAIM Europe for purchase of Galeria Gniezno (DE/PL)

Hypo Real Estate Bank International announces that it has completed the first asset inclusion under the approved €200 million acquisition financing facility for aAIM Europe plc to support th ...

ING Real Estate Community Living Fund acquires two student apartment complexes in Florida (US)

ING Management Limited ("IML") as Responsible Entity of ING Real Estate Community Living Fund ("ILF" or "the Fund") has announced that the Fund has acquired two quality collegiate style student apartm ...

Beacon Councils Holly Wiedman elected to CoreNet Global Board (US)

CoreNet Global has announced the election of Holly E. Wiedman to its Board of Directors, according to CEO Prentice Knight. Wiedman will serve the remaining two years of Peter Holland's term. Holland w ...

FIM Tower, Warsaw, sold to the Endurance Fund (PL)

FIM Tower, a 15,000 m² office building located in the heart of Warsaw's central business district, has been acquired by the Endurance Fund. The Endurance Fund is a €150 mln closed-en ...

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