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FADESA to develop luxurious residential complex in Canary Islands (ES)

FADESA will build a luxurious residential complex in the centre of Las Palmas, a project which will consolidate its presence in the Canary Islands, where it has been active since 1996.Over an area of ...

Land Securities announces sale of regional high street properties (UK)

Land Securities has announced the exchange of contracts for the sale of a portfolio of high street retail properties to Norwich Property Trust Limited for £95.3m, giving an initial yield of 5.1%. The ...

HVB sells real estate loans with a total volume of approx. €2.17bn to Goldman Sachs (DE)

HypoVereinsbank has agreed to sell sub- and non-performing real estate loans with a total volume of approximately €2.17 billion to Goldman Sachs. Both parties reached agreement on the transaction fol ...

Sjælsø Gruppen acquires residential development project in Ørestad Syd (DK)

Sjælsø Gruppen A/S has acquired a large site of Ørestadsselskabet with a possibility to build 20,000 m² residential units. The site is situated in the new part of town "Ørestad Syd", a very attra ...

Investors invest €170 million in IVG funds in 2005 (DE)

IVG doubled the equity placed in their "EuroSelect" closed-end real estate funds to €170 million in 2005 (previous year: €88 million). The equity is divided between four funds with ...

Kungsleden sells in Malmö (SE)

Swedish property company Kungsleden AB (publ) sells the property Malmö von Conow 51 for a total of MSEK 40. The sales price exceeds the book value with MSEK 2, the external value with MSEK 14, and th ...

Aupark extension in Bratislava to reach its original planned extent (SL)

The construction of the long term planned project of the HB Reavis Group, the extension of the successful shopping and entertainment center Aupark began on January 9, 2006. The total leasable area of ...

BGP Investment S.à.r.l. acquires 33 properties from Württembergische (DE)

The Württembergische Lebensversicherung AG / Württembergische Versicherung AG insurance group based in Stuttgart have sold 33 of their properties, which are located throughout Germany. The purchaser ...

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