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Aareal Property Services sells Paris office development (DE/FR)

Aareal Property Services has sold its office development 61 Rue de Monceau in central Paris to Bankhaus Wölbern. The redevelopment of the listed building designed in 1877 by architect Denis Destors ...

TCN and Wedge renounce majority in Ballast Nedam (NL)

The intention of project developer TCN and investment company Wedge to obtain a majority in Ballast Nedam has been withdrawn. Instead the companies have chosen for a more intensive collaboration with ...

Aareal Bank Group launches German Residential Fund (DE)

Aareal Bank Group launches its fourth closed end fund. “Aareal German Residential Fund” will focus on the acquisition and later disposal of residential property assets in economically strong ...

ICSC Europe 2005 Solal Marketing Awards Finalists announced (EUR)

Twenty of the most creative and effective marketing campaigns from shopping centres across Europe have reached the finals of this year’s International Council of Shopping Centers (ICSC) Europeâ ...

Regulation of the ´G-REIT´ beyond investment law (DE)

IVG Immobilien AG, Deutsche Wohnen AG, and Deutsche EuroShop AG favour the clear positioning of a German REIT beyond investment law and the German “Investmentsteuergesetz“.The three major li ...

Sacyr Vallehermoso wins €56.4m Madrid construction contract (ES)

Sacyr Vallehermoso SA has been awarded a 56.4 mln eur contract to build two new pavillions in the Madrid industrial and commercial complex Ifema, Expansion reported, citing an announcement by Ifema ma ...

Atisreal acquires former Chesterton offices (UK)

Atisreal, a BNP Paribas company, has acquired five very profitable offices from Chesterton situated in the City of London, Newcastle, Leeds, Southampton and Cardiff following engaged discussions with ...

CBRE: investment into European property breaks the €100 billion barrier (EUR)

A record total of €103.6 billion was invested in the EU-15 property markets in 2004. This surpassed the previous peak recorded in 2002 and represented a 26% rise on 2003’s total.The improvem ...

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