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Kungsleden makes acquisitions (SE)

Listed property corporation Kungsleden AB (publ) is acquiring 32 properties for a purchase price of SEK 750 mln. including transaction costs, at an estimated property yield of 7.5%.The properties are ...

Unibail: development of a commercial complex at Levallois (FR)

The City of Levallois (92 Hauts-de-Seine), has selected Unibail to acquire and develop a commercial property complex located in the Eiffel district, adjacent to Paris.The project will develop a total ...

Westfield Group raises A$2.35 billion in Eurobond market (AUS)

The Westfield Group overnight priced its inaugural debt issue in the Eurobond market comprising: 600,000,000 7-year fixed rate guaranteed notes at a spread of 60 basis points over mid-swaps with a cou ...

Alecta real estate manager joins Schroders

The manager of Swedish pension fund Alecta's European real estate portfolio is leaving to join Schroder Property Investment Management. Neil Turner, who looked after €1.2bn of real estate assets for ...

Unibail and Bail Investissement form partnership to own, manage and develop two shopping centers (FR)

Bail Investissement and Unibail have announced their partnership on two shopping centers: Rennes-Alma in the South of Rennes and the Usine Center in Vélizy-Villacoublay in Paris Western outskirts. Th ...

BA-CAs subsidiary HVB Bank Romania and Banca Tiriac join forces (ROM)

Bank Austria Creditanstalt (BA-CA) and Ion Tiriac have signed an agreement to merge HVB Bank Romania with Banca Tiriac in Bucharest today. With 50.1%, BA-CA will hold the majority in the new bank and ...

Contract for construction and purchase of Kantorenpark Galgenwaard has been sealed (NL)

The contract for the construction and purchase of Kantorenpark Galgenwaard in Utrecht, the Netherlands, has been sealed during the official opening of PROVADA on 14 June.Eurocommerce Projectontwikkeli ...

Fadesa & Anjoca win contract for residential, holiday and commercial project in Tangiers (ES/MAR)

The property companies FADESA and ANJOCA have been awarded the contract for a major residential, holiday and commercial project in the Moroccan city of Tangiers, promoted by the Moroccan Government vi ...

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