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Wereldhave sells office building in Warwick (NL/UK)

On March 17, 2006, Wereldhave completed the sale of an office building of 21,814 m² in Warwick, near Birmingham, UK. The proceeds of the sale amount to £40.2 mln, which is £ ...

Eurinpro expands tailor-made logistics center in Italy (LUX)

Eurinpro, investor and developer of tailor-made logistics warehousing solutions, has announced that it will expand an existing logistics center in Anagni, Italy, for Silvano Chiapparoli Logistica SpA, ...

Norman Foster wins St. Petersburg development project (RU)

Lord Foster, the celebrated British architect, has been chosen to head a hugely controversial £184 mln. scheme to remodel a swath of St Petersburg's historic centre. He will follow in the foo ...

Aareal Bank reports stronger position at the close of 2005s Q4 (DE)

Aareal Bank reports a clearly stronger position at the close of 2005s fourth quarter. Consolidated net profit for the Aareal Bank Group after minority interests was €20 million for the quarte ...

CGS acquires office project in Nice (DE/FR)

Just a few days ago, Commerz Grundbesitz-Spezialfondsgesellschaft (CGS) signed the deed for the Nice Plaza project development in Nice, France, on behalf of one of special real estate funds the compan ...

FADESA and Barceló open their first hotel in Morocco (ES/MOR)

Barceló Hotels & Resorts and the FADESA Group open their first hotel in Morocco this evening: the Barceló Casablanca. It is the ninth establishment to be opened by these two companies after they ...

Kungsleden presents 2005 results (SE)

Swedish property company Kungsleden has presented its Annual Report 2005. At its initial public offering (IPO) in 1999, Kungsleden owned SEK 5 billion-worth of properties with an operating net of SEK ...

ProLogis Japan Properties Fund II acquires three facilities from Sanyo Electric (JAP)

ProLogis has announced that the ProLogis Japan Properties Fund II has signed an agreement to acquire three distribution facilities in Japan from Sanyo Electric Co. Ltd. and its subsidiary, Sanyo Elect ...

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