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IVG purchases two commercial properties in Munich for over €50 million (DE)

IVG Immobilien AG is purchasing two commercial properties in Munich for over €50 million. The properties are located in the city center and offer potential for development and rent increases. With th ...

Opening of Alfa shopping center in Olsztyn, Poland, scheduled for autumn (PL)

Alfa, a new shopping center in Olsztyn, is to be opened on October 19th. The more than 14,500 m² project is located on al. Piłsudskiego and has already been fully leased.The center is being ...

Ely confirms to buy two development sites In Ireland (IR)

Irish property investment company Ely Property Group PLC confirmed that it is close to buying development sites in Dublin and Dundalk. In a statement, Ely said that it has completed a feasibility stud ...

Endesa sets up Bolonia Real Estate to manage its property assets (ES)

Endesa has decided to set up a new company, Bolonia Real Estate, to oversee its real estate assets. Endesa owns a variety of property assets deriving from former production plants, mining operations o ...

Ir. Rob de Jong joins TCN Property Projects (NL)

Rob de Jong will join TCN Property Projects' executive team on September 1st. as Chief Program Officer (CPO). In this function he will be responsible for all TCN Property Projects development projects ...

ING buys Abbey properties for £1.2bln (NL)

ING has won the race to buy more than £1.2 bln of properties from Abbey National in what is believed to be the biggest portfolio sale in the UK. Abbey considered more than 30 bids after appointing ag ...

Whole Foods Market announces plans for flagship store in London (UK)

Whole Foods Market (NASDAQ: WFMI), the world's leading natural and organic food retailer, announced plans to site its United Kingdom flagship store on Kensington High Street in London. Cushman & W ...

The Carlyle Group raises $410 million for first Asia real estate fund

The Carlyle Group has announced that it has raised $410 million in equity for its first Asian real estate fund, Carlyle Asia Real Estate Partners. With leverage, this fund can purchase approximately $ ...

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