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US private equity firm Fortress to invest US$10 bln in German real estate (US/DE)

US private equity firm Fortress may invest US$10 bln in the German real estate market over the next three years, Financial Times Deutschland reported.In the past three months, Fortress has raised US$2 ...

Frank de Moes appointed Chief Financial Officer of REDEVCO Europe (EUR)

Frank de Moes has been appointed as Chief Financial Officer of REDEVCO Europe, effective 9 May 2005. He will succeed Remco Gerlof who has been nominated CFO of the Cofra Group of companies in Mexico t ...

Tornet is selling three properties (SE)

Fastighets AB Tornet sells the properties Katrineberg 1 in Mölndal, Glädjen 16 in Lund and Erik Dahlberg 1 in Helsingborg for a total price of SEK 334 million. The purchase price exceeds the est ...

Corio closes 600 million multicurrency syndicated revolving credit facility (NL)

Corio, one of the largest quoted property investment companies focused on the European retail sector, has closed a new € 600 million multicurrency syndicated revolving credit facility.ABN AMRO an ...

Hypo Real Estate Bank International completes 91m financing for acquisition of Marchand Tower, Courbevoie (DE/FR)

Hypo Real Estate Bank International announces today that it has arranged the financing for the acquisition of Marchand Tower in La Défense, Courbevoie by Qatar Islamic Bank. This acquisition and th ...

House Of Fraser agrees sale and leaseback on Jenners' Edinburgh property (UK)

House Of Fraser plc said it has sold Jenners' Princes Street, Edinburgh, property for £32m, which it will rent back from the new landlord. House of Fraser said it has agreed a 35-year lease, enabli ...

Halladale sells Stockton-on-Tees retail warehouse for 23.35m (UK)

Halladale Group plc has sold a retail warehouse investment in Stockton-on-Tees, northern England, for £23.35m to private investment group Block UK Ltd, a joint venture between Block Holdings Ltd an ...

Heineken to sell Brau Union real estate portfolio in Austria for EUR 238m (NL/AU)

Heineken N.V. announced today that Brau Union AG in Austria, member of the Heineken group, has signed an agreement for the divestment of its Real Estate Division. This division comprises all non-busin ...

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