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DIFA sells LA skyscraper for large profit (DE/USA)

Hamburg-based DIFA Deutsche Immobilien Fonds AG has disposed of its majority holding in the 52-storey "Figueroa at Wilshire" tower, which provides approximately 97,000 m² of office space in downtown ...

Increase in Sponda's share capital (FI)

C-Series bonds under Sponda Plc's Convertible Bond 2000 were converted into 61,000 new shares on 4 August 2005. The corresponding increase in share capital, €61,000, was recorded in the Trade Registe ...

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 ...

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