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InterContinental to invest €270 million in Poland (PL)

The InterContinental Hotels Group has announced plans for 30 new hotels in Poland. In the next 10 years, company intends to open 7 Holiday Inns, 20-25 Express by Holiday Inn hotels and possibly 4 Crow ...

Rodamco Europe successfully issues €500 million bond issue (NL)

Rodamco Europe successfully issued a €500 million seven year fixed rate bond. The new issue carries a coupon of 3.75% and was sold to international institutional investors. The proceeds will ...

hausInvest europa fund achieves more than €600m for four properties in Paris (FR)

CGI's hausInvest europa fund has achieved more than €600m for a portfolio of four properties in the French capital, reports EuroProperty in its December issue. Tishman Speyer has acquired tw ...

Sjælsø Gruppen upgrades 2005 and 2006 expectations (DK)

Sjælsø Gruppen's Board of Directors have reviewed the Group's current and future projects and concluded that sales exceed the original expectations. On the basis hereof, the Board has decided to upg ...

Norgani launches SEK 1.7 billion bid for 16 Swedish hotel properties (NO/SE)

Norgani Hotels ASA, the largest publicly listed hotel property company in the Nordic region, has announced a bid for the hotel property company Hotelleiendom AS. The total enterprise value of Hotellei ...

Cushman & Wakefield in Moscow appoints Director in Research Team (RU)

Cushman & Wakefield Stiles & Riabokobylko (C&W/S&R) has appointed Christopher Peters as a Director in its 15-strong Research Team. Peters joins C&W/S&R from DTZ Moscow. Peeters ...

Cofinimmo acquires building complex 'Mechelen Station' for €54.7m (BE)

The Cofinimmo Group has announced the acquisition yesterday of the new building complex «Mechelen Station». The group of buildings «Mechelen Station» is ideally located right next to the train sta ...

Bergmann to strengthen Board of Aareal Asset Management (DE)

Robbert van Zinnicq Bergmann (57) joins the Management Board of Aareal Asset Management GmbH with effect from 1 December 2005. Bergmann will assume the position of Chief Financial Officer alongside Ni ...

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