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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 ...

Excerpt Europe Real Estate Yearbook 2006: Hopes on the rise: Germany

The real estate markets are gradually gaining ground again, the turnover of properties is up, and the mood in the real estate sector has noticeably improved. However, whether this is the first sign of ...

GECINA and Hines Group to develop €75 million office building in Boulogne-Billancourt (FR)

GECINA signed a new partnership agreement with Hines on April 7th, 2006 for the acquisition of an office building of approximately 10,000 sq.m. in connection with the project to redevelop Renault site ...

Hypo Real Estate Bank: CHF 29.75m financing for acquisition of mixed use property (CH)

Hypo Real Estate Bank International announces that it has provided CHF 29.75 million (approx. €20m) of financing for the acquisition of a mixed use property in La Chaux-de-Fonds (NE), Switze ...

ProLogis to develop its first distribution facilities in Romania (RO)

ProLogis has announced that it has begun development of its first industrial facilities in Romania. The company has acquired 69 acres (28 hectares) of land west of Bucharest along Romania's A1 motorwa ...

NCC to build new urban district in Staffanstorp for SEK 156 million (SE)

NCC has been commissioned to build a new residential area in the Åkershus district of Staffanstorp. The contract is worth SEK 156 million (approx. €18m) and the assignment will be conducted ...

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