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Affine has sold a logistic platform in Val d'Oise for approx. €20m (FR)

Affine sold a logistic platform to Second Euro Industrial Challenge SAS, an investment fund managed by Heitman. The transaction was carried out for an amount of approximately €20 million. Lo ...

Robert Öhman to become Chief Financial Officer of Sponda (FI)

Robert Öhman MSc (Econ.) has been appointed Chief Financial Officer of Sponda Plc. Mr Öhman will join Sponda in the spring from Vattenfall Oy, where is currently finance director and also financial ...

IVG generates sales profits of over €130 million in 2005 (DE)

(Revised article) The Bonn-based real estate group IVG Immobilien AG has concluded its sales programme for 2005 in line with forecasts. The final transaction was concluded at the end of December in Fi ...

Hines purchases La Jolla land parcel to develop office tower (US)

The San Diego office of Hines has announced that it has purchased a three-acre office development site in the University Town Center (UTC) submarket of San Diego, on which the firm plans to develop a ...

1,500 new apartments to be built in Kraków (PL)

A new housing estate with approximately 1,500 homes is to be built between ul. Wita Stwosza and ul. Rakowicka in Kraków. There are 2 investors for the project: Euro-Projekt and Bosacka Development Pa ...

EPRA publishes revised Best Practices Policy Recommendations (EUR)

EPRA, the European Public Real Estate Association, has published a set of revised policy recommendations from EPRA's Best Practices Committee. These recommendations include major changes and additions ...

Impregilo finalizes sale of Costanera Norte (IT)

Costanera Norte is to be sold to Autostrade S.p.A. and Sias S.p.A. at a price – computed on 100% of the company – of $282 million. Of this amount, $277 million will be paid at closing and $5 million ...

Successful initial closing ING Real Estate European Industrial Fund (NL)

On 31 December, ING Real Estate Investment Management closed its second pan-European industrial fund. The launching portfolio amounts to approximately €200 million and consisting of four prop ...

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