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Aareal Bank opens representative office in Istanbul (DE/TR)

Aareal Bank has officially opened its representative office in Istanbul. The Bank received the licence from the Turkish banking and financial supervisory authority to set up an office in Akatlar, Ista ...

Dubai property developers upbeat (UAE)

Property developers expect strong demand to boost real estate prices further in Dubai in the next two years but bankers warn the market has peaked amid a construction boom.Developers have turned large ...

Citycon Oyj prepares directed share offering (FI)

The Board of Directors of Citycon Oyj has decided to start preparations for a directed share offering. Citycon shares will be offered to a limited number of selected Finnish and international institut ...

Proposed tax 'seriously flawed' (UK)

A proposed new tax on windfall development gains known as the Planning Gain Supplement (PGS) currently being considered by the Treasury would be 'seriously flawed' according to new independent researc ...

Rodamco Europe increases pipeline portfolio to €2.4 billion (NL)

Rodamco Europe announces that, despite €110 million pipeline projects coming into operation in Q3, it has increased its pipeline portfolio by €600 million to €2.4 bn compared to the pipeline portfo ...

LaSalle Investment Management launches German retail joint venture (DE)

LaSalle Investment Management has announced the formation of the LaSalle German Retail Venture – a joint venture between LaSalle and the British Columbia Investment Management Corporation– to pursue ...

Paul Bacon to succeed Andrew Gulliford as Deputy Senior Partner of C&W/H&B (UK)

Cushman & Wakefield Healey & Baker (C&W/H&B) yesterday announced that Paul Bacon will be the new Deputy Senior Partner of the firm, effective from January 1, 2006. Paul Bacon will succ ...

SEB ImmoPortfolio Target Return Fund acquires office property 'Halle E' in Hamburg (DE)

The real estate investment company SEB Immobilien-Investment GmbH has made another anticyclical investment by acquiring the "Halle E" office property in the Eppendorf district of Hamburg (Falkenried/S ...

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