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KarstadtQuelle sells logistic properties for more than €400 mln. (DE)

KarstadtQuelle AG, Essen, has successfully concluded its 2005 restructuring year. Thomas Middelhoff, the Chairman of the Management Board, announced at a press conference, that further disinvestment p ...

Plans submitted for next phase of regeneration of Birmingham City (UK)

The Birmingham Alliance has submitted an outline planning application to Birmingham City Council for the next phase of regeneration of Birmingham city centre. If plans are approved, Martineau Gallerie ...

Hines develops former West London Safeway HQ (UK)

The London office of Hines, the international real estate firm, announced today that it has formed a joint venture with Hermes, the UK's largest pension fund manager, to redevelop and reposition the f ...

Arlington merges with Macquarie Goodman Group (UK)

Arlington Securities has announced a merger with Australian property services and investment management business Macquarie Goodman Group. Completion is due at the end of December. Macquarie Goodman is ...

International recognition for five European shopping centers at ICSC Design and Development Awards.

Five European shopping centers received recognition at this year's International Council of Shopping Center's (ICSC) 29th Annual International Design and Development awards, which were announced an ...

Hammerson acquires interest in 54-60 rue du Faubourg Saint-Honoré, Paris 8e (UK/FR)

Hammerson plc has acquired a 100% interest in the freehold of 54-60 rue du Faubourg Saint-Honoré in Paris for €56.4 million (£38.4 million), inclusive of fees, from CCPMA RETRAITE. Located on the p ...

European Property Federation asks the Commission for an EU framework for REITs

The President of the European Property Federation (EPF), Pedro Gamero, has asked the European Commission to take an initiative that would spread real estate investment and development to all regions o ...

€150m for new property investments for Aberdeen's second Norwegian fund (UK/NO)

Aberdeen Property Investors has successfully conducted the first closing of its second Norwegian fund, API Eiendomsfond Norge II ASA, having raised NOK 298 m in equity from investors in just a month. ...

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