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Sal. Oppenheim Group acquires share in Financière Atlas (DE/FR)

Via a Luxembourg subsidiary, the Cologne based private bank Sal. Oppenheim jr. & Cie. KGaA, is set to acquire an additional stake of approximately 10 percent in the French asset management company ...

Top Turkish tie-up for Savills (UK/TR)

Property adviser Savills has extended its international network by forming an association with Kuzey Bati, one of Turkeys top six property advisers. The association with the Istanbul-based practice wi ...

ProLogis to build major new industrial park outside Paris (FR)

ProLogis (NYSE: PLD) has announced that it plans to build a major new industrial park next to Charles De Gaulle Airport outside Paris. The new park will comprise five distribution centers and more tha ...

NCC to build shopping center in Arendal, Norway, for SEK 154 million (NO)

NCC Construction AS in Norway is to continue the expansion of central Arendal. The company has concluded a contract with Sanden AS regarding the implementation of the second phase of construction of t ...

Skanska secures construction project in Norway for SEK 370 milion (SE/NO)

Skanska has been contracted to build an office and shopping center complex in Kristiansand in southern Norway for NOK 317 million, about SEK 370 million. The contract amount is included in order booki ...

IMMOEAST acquires office building Mistral in Warsaw (PL/AT)

IMMOEAST Immobilien Anlagen AG, the listed subsidiary of IMMOFINANZ, has acquired another top office property in Warsaw. 'Mistral' is located in the Jerozolimskie business corridor, currently one of t ...

The Carlyle Group and Skelton Group launch £750m UK property joint venture (UK)

The Carlyle Group and developer Skelton Group have announced that they have formed a £750 million joint venture vehicle called Carlyle Skelton Development Group (CSD) to acquire and develop p ...

Aareal Bank AG sells third non-performing loan portfolio with an aggregate volume of approx. 345 mln (DE)

Aareal Bank AG has sold a further portfolio of non-performing loans (NPLs), with an aggregate volume of approx. €345 million (including €80 million in interest and fees) to Shinsei B ...

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