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Halladale buys Sunbury Cross Shopping Centre for £21.4m (UK)

Property development company Halladale Group plc, said it has acquired Sunbury Cross Shopping Centre in Sunbury on Thames, from Brookridge Properties Ltd for £21.4m, with its co-investment partner, ...

Colonial sees Barcelona property complex sale completed in second quarter (ES)

Inmobiliaria Colonial SA said it expects the sale of a complex with 244 flats, parking spaces and offices to be completed towards the end of the second quarter.A Colonial spokeswoman said the sale pro ...

Fortis Dutch real estate unit to invest €100m in agricultural land (NL)

Fortis NV real estate unit Fortis Vastgoed plans to invest €100m in acquiring agricultural land, shifting its investment focus from equity to land, said the unit´s Chief Executive Erik ...

Significant strengthening of HVB Group´s future value-creation capability (DE)

Given the persistently difficult situation in the German real estate markets, the Management Board of HVB Group has decided to strategically realign the Germany Business Segment. To permit accelerated ...

British Land in £2.1bn refinancing of Broadgate Estate (UK)

The British Land Company plc said it has proposed a major refinancing of its Broadgate Estate that will amount to £2.1bn and will reduce ongoing interest costs by about £12m annually.The refinan ...

Expansion of serviced offices division through acquisition of further 13 regionale centers (UK)

Marylebone Warwick Balfour Group Plc (´MWB´) has announced that, through its subsidiary MWB Business Exchange (´MWBEX´), it has expanded its service office divi ...

Governing Council decides on the design for the new ECB premises (EU)

At last week’s meeting the Governing Council of the European Central Bank (ECB) reached a decision on the design of the ECB’s new premises in Frankfurt am Main, Germany.After extensive discu ...

Aareal Italy Fund acquires shopping centre in Trieste (IT)

The Aareal Italy Fund has completed the acquisition of the ´Il Giulia Shopping Centre´ in Trieste in a deal of almost €40 million. The deal takes the core-plus fund´s investments to over ...

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