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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 ...

REDEVCO Germany plans portfolio sale (DE)

REDEVCO Services Deutschland GmbH is planning a sale of a portfolio of 34 retail properties. The properties, which are mostly let to textile branches of C&A, comprise a fairly even geographic spre ...

Specstroybank to build industrial park in Moscow's Domodedovo (RU)

Specstroybank commercial building bank has started work on the building of a 50,000-m² Domodedovo industrial park to be located on a 10-hectare site of the Moscow's Domogneupor plant near Domodedovo ...

VastNed Retail expands in France (NL)

Dutch based pan-European property investment company VastNed Retail expands its position in France by acquiring an inner city shopping centre in Dunkirk. This acquisition involves an amount of €30.1 ...

Hines and South Shore Group Partners introduce the St. John (US)

Hines along with South Shore Group Partners, is proceeding with plans to develop Northeast Florida's tallest residential tower and the tallest building in the Southbank area of downtown Jacksonville. ...

ACS makes a takeover bid for 10% of Fenosa (ES)

Constructor ACS made yesterday a takeover bid for just 10% of Unión Fenosa, with the aim to reach the 35% of the electrical companys capital. The construction Group leaded by Florentino Perez offers ...

IMMOFINANZ sells Europe Tower to Erste Bank Hungarys Real Estate Fund (AT/HU)

Prior to completion IMMOFINANZ Immobilien Anlagen AG has sold its flagship in Hungary, Budapest's Europe Tower, to Erste Bank Hungary's real estate fund Erste Nyíltvégű Ingatlan Alap. Confi ...

RICS: Buy-to-let pensions bolster market (UK)

The continuing pensions crisis is bolstering the UK buy-to-let market as investors choose to hold on to properties for the long term, says RICS (Royal Institution of Chartered Surveyors), which publis ...

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