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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 ...

FCC to construct the Caja Mágica sports complex in Madrid (ES)

The Madrid City Council has awarded FCC the construction of the "Caja Mágica" sports complex to be used for tennis, in the Manzanares Parque Lineal area, a contract valued at €100 million. ...

Castellum invests SEKm 205 and sells for SEKm 112 (SE)

Castellum has decided on investments in an existing property of SEKm 43 and has through wholly owned subsidiaries acquired eight properties for SEKm 162 and sold six properties for SEKm 112.Aspholmen ...

The Mall Fund sells Redhill and Bradford (UK)

The Mall Fund, the Capital & Regional and Morley managed specialist shopping center fund, has announced that it has sold two of the four centers acquired from Prudential on satisfactory terms.The ...

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