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Hypo Real Estate Bank to finance purchase of Degussa Areal (DE)

Hypo Real Estate Bank AG, Munich, is to finance the purchase of the Degussa Areal by the DIC Real Estate Group and the Morgan Stanley Real Estate Fund. With rented floor space of more than 65,000m², ...

Skanska sells two properties in Warsaw for SEK 805 M (SE/PL)

Skanska has sold two properties in the city center of Warsaw - Atrium Plaza and Atrium Centrum. The price is SEK 805 million (approx. €85m) and the gain on the sale will amount to SEK 174 mi ...

Henderson launched two hedge funds (UK)

Henderson Global Investors has this month launched two hedge funds, the European Style Rotational Fund to exploit market inefficiencies in style investing and the Global Currency Absolute Return Fund. ...

Russell Investment Group extends real estate capability into Europe (UK)

Russell Investment Group (Russell) is pleased to announce the launch of its first Global Real Estate Securities Fund for European clients. Russell is also delighted to report the appointment of Derek ...

Citycon closes retail center transaction in Sweden (SE)

On 15 September 2005 Citycon Oyj announced the signing of an agreement to acquire three retail centres located in Åkermyntan, Kallhäll and Fruängen in the Stockholm Metropolitan Area, Sweden. The c ...

Kungsleden sells in Västervik and Vimmerby (SE)

The property company Kungsleden AB (publ) sells 10 properties in Västervik and Vimmerby. The sales price amounts to 150 MSEK generating no profit. The properties consists of 38 000 m² of lettable ...

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 ...

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