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Ballast Nedam sells De Admiraal office complex (NL)

Ballast Nedam has sold the De Admiraal office complex in Nieuwegein to Raiffeisen Immobilien Kapitalanlage GmbH, of Austria. The total of 50,000 m2 of office space is divided over seven buildings, the ...

Aareal Hypotheken-Management migrates an NPL portfolio (DE)

Aareal Hypotheken-Management GmbH (AHM), Mannheim, has taken over the servicing of a real estate loan portfolio worth billions for an American investor in non-performing loans (NPL).The introduction o ...

ProLogis to develop 1 million square-foot distribution park at Beijing Airport

ProLogis has announced that it has secured land use rights to 26.7 acres (107,835 m2) on which it will develop 1.05 million square feet (97,547 m2) in four facilities to meet the growing demand for di ...

Corio will renovate and extend three Spanish shopping centers (ES)

Corio España will renovate and extend three out of the total eight shopping centres in its portfolio in close cooperation with different architects and project managers. The shopping centres El Feria ...

GE Commercial Finance Real Estate France acquires Fonciere Ariane (FR)

GE Commercial Finance Real Estate France (GE) has acquired Foncière Ariane and GAGI, its 100% owned asset management company based in Toulouse, from GA (ex Giraudy Auffèvre). GA's shareholders are D ...

AM opens second shopping center in Spain (ES)

After the official opening in the evening of May 24, Espai Gironés (Salt, Spain) will open its doors to the public on May 25. Espai Gironés is the second shopping center that AM has delivered in Spa ...

TCN buys BusinessPark Arnhem from KEMA (NL)

BusinessPark Arnhem has been officially transferred to TCN Property Projects. The BusinessPark, also known by its previous name KEMA park, is another one of TCN's new theme business parks. For the tec ...

Simon opens office in Hong Kong (US/HK)

Simon Property Group, Inc. has announced that it will open a regional office in Hong Kong next month. Operating as Simon/Chelsea International Ltd., a newly formed subsidiary, the office will be respo ...

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