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AM to look for another investor for Lilien-Carré (NL/DE)

The German real estate investor CGI has decided not invest in the large-scale multifunctional project Lilien-Carré in Wiesbaden for its fund HausInvest Europa. The project is being developed by AM ...

Rodamco Europe to divest Maastricht Exhibition and Conference Center for €70.6m (NL)

Rodamco Europe N.V. is divesting its stake in the Maastricht Exhibition and Conference Center (MECC) in Maastricht, the Netherlands. The Maastricht City Council has approved the sale and as a result, ...

Lease agreement entered with the City of Copenhagen (DK)

Københavns Voksenuddannelsescenter (VUC) and Social- og Sundhedsskolen in Copenhagen (SOSU) centralize their teaching facilities in one centre situated in the characteristic property located betwee ...

Finnish property market produced a total return of 5.6% (FI)

The Finnish property market produced a total return of 5.6% in 2004. The income return remained at a stable level of ca. 7%. Capital growth was negative for the third year in a row. Despite the decrea ...

The Carlyle Group closes third real estate acquisition in Germany (DE)

Global private equity firm, The Carlyle Group has acquired a 12,000m² building in Hamburg’s CBD from the liquidator of UFA Theater AG. This is the third deal in Germany by the Carlyle Europe R ...

AM Vastgoed develops multipurpose 'see-through' building for KPN (NL)

KPN is to move into a combined office and industrial building in Utrecht’s Papendorp business park specially developed for the company by AM Vastgoed. KPN has agreed to lease the building, with a ...

InvestKredit finances Kraków retail center (AU/PL)

The Austrian bank InvestKredit has agreed to grant the WP Investment group a €5.85 mln loan for the construction of a 15,000 m² retail center which will be located 5 km from the center of Krak ...

FCC´s net profits up 26% (ES)

The net turnover of Fomento de Construcciones y Contratas, S.A. (FCC) for the 2004 financial year was €6,285.9 million, which represents a 3.9% increase over the year before. All of the strategic ...

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