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JM sells property worth SEK 99 million (SE)

In a deal with two local tenant-owner co-operatives JM sells the two properties Domaren 14 and Timmermannen 13 in Vaxholm. The selling price totals SEK 99 million. The deal provides JM with a capital ...

CGI: Transactions volume pushing €7 bln (DE)

Commerz Grundbesitz-Investmentgesellschaft mbH (CGI), a member of Commerz Grundbesitz Group, has signed more deeds in acquisition and sales transactions than ever before, thus showcasing its active re ...

Rodamco Europe nominates new CFO (NL)

Rodamco Europe N.V., the largest publicly listed property investment and management company in the retail sector in Europe, announces the intended appointment of Mr. Peter M. van Rossum (49) as Chief ...

Kungsleden sells 71 retail properties (SE)

Swedish property company Kungsleden AB (publ) sells 71 retail properties for a total of SEK 1721 million (approx. €200m). The properties, located from Ystad in the south to Haparanda in the ...

Jaap Gillis to step down after completion of AM Development sale (NL)

J.C. (Jaap) Gillis will be voluntarily relinquishing his seat on the AM NV Management Board on 31 January 2006. He has let it be known that he considers the sale of AM Development to MSREF in the cont ...

Land Securities announces sale of Caxtongate, Birmingham retail properties (UK)

Land Securities has announced the completion of the freehold sale of Caxtongate, Birmingham to Cosgrave Property Group for approximately £78.8m, giving an initial yield of 4.5%. Caxtongate is a mixed ...

Tishman International appoints C&W/H&B in Bulgaria (BU)

Tishman International Companies, based in Los Angeles, the US, with its European Headquarters in London, has appointed Cushman & Wakefield Healey & Baker in partnership with its local associat ...

Aareal Bank to launch its first Jumbo Pfandbrief at the end of January (DE)

Aareal Bank has announced that it will issue its first Jumbo Pfandbrief mortgage bond at the end of January. The €1 billion benchmark maturity of 5 years – which has already been rated AAA by Fitch ...

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