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Pirelli RE finalizes agreement on €450m-revolving credit facility, expiring in 2010 (IT)

Pirelli RE and a syndicate of Italian and international banks have signed a contract regarding a five-year, revolving credit facility amounting to €450 million, on conclusion of the syndication opera ...

Halladale/Citigroup Property Investors: £78m acquisition CReAM Fund now fully invested (UK)

Halladale Group Plc and Citigroup Property Investors announces that its UK property fund - CPI Retail Active Management Programme ("CReAM") has acquired a portfolio comprising five shopping centres in ...

Hammerson gains planning for 60 Threadneedle Street (UK)

Hammerson plc has received a resolution to grant planning permission for a 20,600 m² (221,400 ft²) office building at 60 Threadneedle Street, London EC2. The redevelopment proposals include 18,900 m ...

Norbert Kickum appointed as new member of the Management Board of Aareal Bank (DE)

At its meeting yesterday, the Supervisory Board of Aareal Bank AG appointed Norbert Kickum as a new member of the Aareal Bank AG Management Board responsible for national and international markets.Fol ...

Hines acquires Calle Salustiano Ologaza, 11 in Madrid (ES)

The Madrid office of Hines has announced that it has acquired Calle Salustiano Olozaga, 11 in Madrid from Monteverde, a Madrid-based residential developer. The six-story, 40,675-ft² (3,780-m²) vaca ...

Hypo Real Estate Bank International closes its second CMBS transaction (DE)

Hypo Real Estate Bank International closed its second CMBS transaction in as many months this week – a joint venture securitization with Morgan Stanley. It is the securitization of 8 loans – 7 of wh ...

Deutsche EuroShop: Olaf G. Borkers joins Board (DE)

The Supervisory Board of Deutsche EuroShop AG has appointed Olaf G. Borkers as a member of the Board of Directors. From October 1, Mr. Borkers will be responsible for the Finance Department within the ...

ProWinko takes over Heron project (BE)

Retail investor ProWinko has taken control of the celebrated Heron project on the avenue de la Toison d'Or in Brussels, from the English development company bearing the same name. This project had bee ...

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