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First Property Group announces preliminary results for the year ended 31 March 2006 (UK)

Property asset manager First Property Group plc (AIM: FPO) has announced preliminary results for the year ended 31 March 2006. Financial highlights are: turnover grew 47% to approx. €13 mill ...

GECINA acquires two office properties in Paris for €103 million (FR)

GECINA has signed a promissory agreement with Colony Investors VI and Colyzeo, represented by Colony Capital, a private investment fund specialized in real estate, for the acquisition of two office pr ...

FADESA and Globalia reach agreement to construct a series of hotel developments (ES)

The FADESA Group and Globalia Corporación Empresarial have signed a framework agreement which paves the way for the creation of a joint hotel management company in which both partners will have an eq ...

Sonae Sierra presents El Rosal, its new shopping and leisure center in Ponferrada, Spain (PT/ES)

Sonae Sierra has made the public presentation of its new shopping and leisure center, called El Rosal, located in Ponferrada, Spain. Owned and developed by a partnership between Sonae Sierra (70%) and ...

HERALD acquires Metropolis Shopping Centre in Rende, Cosenza in Italy (IT/UK)

Henderson Global Investors, the independent asset manager with £67.7 billion under management, has acquired the Metropolis Shopping Centre in Rende, Cosenza, Italy for its HERALD European Ret ...

Hospitality Europe announces completion of sale to Blackstone (NL)

Hospitality Europe B.V. (HEBV), the pan-European hotel owning and asset management company, has announced the completion of its sale to BRE/Hospitality Europe Holding B.V., an entity owned by funds ma ...

Mengus announces its first acquisition (SE)

The fund Mengus Stockholm AB - managed by the private equity-firm Mengus, specialising in property investments - acquires its first office building. The property, Solna Aprikosen 2, comprises approxim ...

IMMOEAST acquires €80 million development project in Budapest (HU)

IMMOEAST Immobilien Anlagen AG has carried out another significant investment on Budapests booming real estate market. The company has acquired the Haller Gardens office project, one of the most spect ...

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