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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 ...

Hypo Real Estate Capital Corp. funds two first mortgage loans totaling $114.5m to GFW Trust/Bentley Forbes (USA)

Hypo Real Estate Capital Corporation ("HRECC") – the New York-based subsidiary of Hypo Real Estate Bank International – closed two first mortgage loans on May 19 totaling $114.5 million to two subsi ...

Kungsleden acquires and sells properties in Stockholm (SE)

The property company Kungsleden AB has acquired three properties in Haninge outside Stockholm for SEK 98 million with a yield of 8,3 %. The property consists of 18.000 m² of lettable area, mainly w ...

Metrovacesa signs the purchase of Vodafone's Headquarters in Madrid (ES)

The complex has two twin five-storey buildings with two floors of garages. The total area is of 25,811 m² and 815 parking spaces. Metrovacesa continues with its strategy of positioning itself as the ...

Six-point realignment programme for Aareal Bank presented (DE)

"For Aareal Bank Group, 2005 is going to be a year characterised by strategic decisions with long-term impact", says Dr Wolf Schumacher today in his statement at the Annual General Meeting of Aareal B ...

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