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Lot Polish Airlines to organize a tender for its Marriott building in central Warsaw (PL)

Lot Polish Airlines has decided not to sell its Marriott building on al. Jerozolimskie, in central Warsaw, to the property fund managed by Deutsche Bank. Instead the company will organize a tender wit ...

Sponda becomes partner in real estate fund (FI)

Sponda Plc and JER Europe Fund II Holdings S.Á.R.L. have signed an agreement for the establishment of a real estate fund. The fund will invest principally in office and retail properties in Finland's ...

Ratos to sell Tornet (SE)

Ratos has concluded an agreement with Fabege to sell its holding in the real estate company Tornet for SEK 1.2 billion, corresponding to SEK 146 per Tornet share. The sale is expected to be carried ou ...

The Carlyle Group and Skelton acquire 55m Mayfair development scheme (UK)

The Carlyle Group and property investment and development company Skelton Group headed by Duncan Moss have announced their second acquisition in joint venture taking the total end day value of their d ...

NCC expands shopping center in Oslo for SEK 567 million (SE)

NCC Construction AS in Norway has entered into an partnering agreement with Metro ANS regarding the expansion and refurbishment of the Metro shopping center in Lørenskog Municipality, outside Oslo. T ...

Tishman Speyer acquires Hamburg portfolio from DIFA (DE/UK)

DIFA Deutsche Immobilien Fonds AG completed the sale of a portfolio of 3 buildings to Tishman Speyer's European Core Fund, ESOF. The properties are located in central Hamburg at Valentinskamp 18-22, N ...

Sonae Sierra sells 50% of two shopping centers to Rockspring (PT)

Sonae Sierra announced that it has sold a 50% stake in the ownership of two of its shopping and leisure centers in Portugal to the PanEuropean Property Limited Partnership ('PanEuropean'), a fund mana ...

GTC plans more investments (PL)

Poland's publicly listed property developer Globe Trade Center is planning to invest at least €500 million by the end of 2008, mainly in the development of offices and shopping centers. They ...

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