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FIABCI-USA member elected FIABCI World President-Elect (US)

Owen Gwyn, FIABCI-USA Past President, was elected as the 2006-2007 FIABCI World President at the FIABCI World Congress in Athens, Greece this June. Gwyn will serve as the 2005-2006 FIABCI World Presid ...

Klépierre acquires 4 Polish shopping centers and 5 projects in Poland and the Czech Republic (FR/PL/CZ)

In accordance with the terms of an agreement dated May 20, 2005, Klépierre completed the acquisition of 4 shopping centers in Poland from Plaza Centers (Europe) BV, effective July 29, 2005. The agree ...

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 ...

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