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Aberdeen Property Fund Denmark acquires major property portfolio in central Copenhagen (DK)

The property fund API Property Fund Denmark P/S has acquired a major property portfolio from Diligentia Danmark A/S as per 1 July 2005. The acquired portfolio includes seven prime office properties in ...

Pirelli RE mandates HSBC, Morgan Stanley and Société Générale to arrange €450m credit facility (IT)

As part of its plan to improve the Company's economicfinancial structure, yesterday's meeting of the Board of Directors of Pirelli & C. Real Estate has mandated HSBC Bank plc, Morgan Stanley and S ...

Sonae Sierra prepares the opening of LoureShopping (PT)

Sonae Sierra has held the key delivery ceremony for the tenants of LoureShopping. The shopping and leisure center represents an investment of €67 million and will open to the public on October 27th 2 ...

Homburg Invest Inc. completes sale of Vintage Towers in Calgary (CA)

Homburg Invest Inc. ("HII") is pleased to announce that today it completed the sale of the Vintage Towers located at 11th Avenue in Calgary to Credit Suisse Real Estate International Fund for gross pr ...

Reorganization of JM Property Development (SE)

JM is reorganizing JM Property Development, the business unit within JM that develops residential and commercial properties in greater metropolitan Stockholm."The reorganization is in line with JM's s ...

Skanska divests Prefab Mark to Segulah (SE)

Skanska has sold the subsidiary Skanska Prefab Mark to the Segulah private equity company. The purchase price amounts to SEK 336m. The sale generates a capital gain of about SEK 180m, which will be in ...

Aareal EuroLogistics Fund acquires Airbus 380 Logistics Centre (DE)

Aareal Asset Management Group has acquired the Airbus Logistics Centre in Hamburg-Hausbruch for the closed-end Aareal EuroLogistics Fund for approximately €22.5 million.This facility was erected one ...

W. P. Carey acquires 16 German facilities for $154 million (DE/US)

Investment firm W. P. Carey & Co. LLC has announced that it acquired and leased back 16 retail facilities from Hellweg Die Profi-Baumärkte GmbH & Co. KG, one of the leading Do It Yourself ret ...

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