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New acquisition of Aareal Asset Management:Edificio C'Assago (DE/IT)

Mathieu Cassinis, acquisition director of Aareal Asset Management, announced the signing of a promissory agreement for the purchase of an office building located in the periphery west of Milan.The tot ...

DeAM's Harrison named MPC Investors CEO (UK)

Peter Harrison, former Deutsche Asset Management Global Chief Investment Officer, has been appointed Chief Executive of MPC Investors and member of the Board.MPC Investors, which was founded in 2000, ...

Kungsleden sells Knutpunkten in Helsingborg (SE)

The property company Kungsleden AB (publ) sells the property Helsingborg Terminalen 1, also known as Knutpunkten. The sales price amounts to MSEK 475 and the yield based on the sales price is calculat ...

Metrovacesa buys the Elipse building in Madrid (ES)

Metrovacesa has bought the Elipse building from a private investor, for some €20 million, in a transaction through EXA (real estate advisors). This property, situated in the calle Manoteras ...

Great Portland refinances debt to cut annual interest costs (UK)

Great Portland Estates plc (GPE) announces a series of measures to enhance the Groups financing structure by shifting the emphasis away from long-dated secured debt to medium-dated unsecured debt, whi ...

ProLogis leases 173,000 sq.ft. in Milan to Y2K Logistica (IT)

ProLogis (NYSE: PLD) has announced that it has leased 173,000 square feet (16,100 square meters) of newly completed industrial space to Y2K Logistica Europa SpA, an Italian third-party logistics provi ...

MIPIM 2006: Marquee events at MIPIM 2006

Many important personalities will be attending the 17th MIPIM, to be held from March 14 to 17 at the Palais des Festivals in Cannes.A keynote conference, to be held at the revised time 12:00 a.m., 14 ...

Sonae Sierra increased its net profit by 80% in 2005 (PT)

Sonae Sierra has had a very positive 2005. In 2005 the company increased its total consolidated net profit attributable to equity holders by 80% to €148.1 million. EBITDA increased by 17%, f ...

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