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Pirelli & C. Real Estate General Meeting approves financial statements for 2005 (IT)

The General Meeting of the shareholders of Pirelli & C. Real Estate, that was held on April 12, 2006, has approved the financial statements for 2005, with improvement across all key performance in ...

The Carlyle Group acquires the Radisson Los Angeles Westside (US)

The Carlyle Group has announced that it acquired the Radisson Los Angeles Westside from the original developers of the 368-room hotel in an off-market transaction. In conjunction with the acquisition, ...

Sponda purchases 3 business properties in Helsinki Metropolitan Area (FI)

Finnish real estate investment company Sponda Plc has purchased a €12.3 million real estate portfolio comprising three business properties in the Helsinki Metropolitan Area.The properties ar ...

City center Etten Leur winns NRW award (NL)

The shopping center in the heart of Etten Leur, a project of Johan Matser Projectontwikkeling, BAM Vastgoed and BVR Projectontwikkeling, has won the 2006 annual NRW Award (Dutch counsil of shopping ce ...

Christer Löfdahl appointed CFO at Catella AB (SE)

Christer Löfdahl is presently CEO of Catella-owned Sponsor Stiftelseförvaltning and previous positions include CEO of Volvo Groupe Finance Europé BV and Max Matthiessen, Sweden's largest insu ...

Beni Stabili wins auction for COMIT Fund portfolio (IT)

Beni Stabili has won the auction for the Comit Funds property portfolio. The auction, which began in December 2005 with 70 expressions of interest, took place in two phases: the submission of non-bind ...

Skanska sells five properties for SEK 750 mln. with gain of SEK 536 mln. (SE)

Skanska has sold a property portfolio comprising five properties - one in Malmö and four in the Stockholm area - to Fastighets AB Balder. The sales amount totaled SEK 750 mln. The gain of SEK 536 mln ...

Multi Development opens its first shopping center in Belgium (BE)

Today, Multi Development Belgium (former AM Develpment) opens the shopping center Den Tir in Kiel, a district of Antwerp. Last century the characteristic Den Tir-building was used as a bath-house, pr ...

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