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CGI strengthens its management with Leo Lousberg (DE)

Commerz Grundbesitz-Investmentgesellschaft mbH has strengthened its management with Leo Lousberg (55) who will start in October 2005. At the same time the Supervisory Board has appointed Dr. Frank Pö ...

BPU Banca reaches agreement for the sale of Immobiliare Serico to Pirelli RE and Lehman Brothers (IT)

The BPU Banca Group has reached an agreement for the sale of 100% of Immobiliare Serico, a subsidiary to which a business line relating to real estate properties non functional to the Group's activiti ...

Sampo Group to sell real estate to a newly established real estate capital fund (FI)

Sampo Group, as one of several institutional investors, has today entered into a contract with CapMan Real Estate Ltd, a subsidiary of CapMan Plc, regarding the establishment of the real estate capita ...

Winners of RIBA Awards 2005 and RIBA Worldwide Awards announced (UK)

Seventy one new buildings across the UK and the EU have been rewarded with RIBA Awards for their high architectural standards and their contribution to their local environment.Projects selected for th ...

Hines and Crescent purchase Irvine land parcel (US)

Hines has announced that it has purchased a 1.2-acre land parcel in Irvine, CA, in a joint venture with Crescent Estate Equities Company. Hines will develop a proposed 12-story, 260,000-square-foot, C ...

Aareal Bank finances new project by HRO (FR)

Aareal Bank will finance a new project to be built by HRO/Baupost. The financial establishment has signed the financing of a global amount of €200 million for the construction of a new office buildi ...

Liberty International appointment of new chairman (UK)

Liberty International PLC has announced the appointment of Sir Robert Finch as Chairman with effect from 1 July 2005.Sir Robert Finch is the immediate past Lord Mayor of London, the most senior London ...

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 ...

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