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Heitman to invest €1 billion in Central and Eastern Europe

US-based real estate investor Heitman LLC has raised €175 mln from the first closing of a new fund which is to target Central and Eastern Europe.The Heitman Europe Property Partners III Fund (HEP ...

AXA and IVG joint venture sells Paris office building for €63m (FR)

Real estate company IVG Immobilien AG said its joint venture with AXA Real Estate Investment Managers sold an office building in Paris to German syndicator KanAm Grund Kapitalanlagesellschaft mbH for ...

Scotland´s largest office scheme unveiled (UK)

Castlemore Securities completes £100 million redevelopment of Edinburgh´s historic GPO. The 213,000 sq ft development is Edinburgh city centre´s only office development offering floorplates i ...

Eurocommercial Properties presents Half Year Report 31 December 2004 (NL)

Eurocommercial Properties N.V. (“the Company” or “ECP”) announced its December 2004 half year results today, showing an increase of 14.5% in the Direct Investment Result to EUR 24. ...

GTC celebrates IBM Kraków success (PL)

IBM’s business consulting unit has signed a contract to lease 4,300 m² of office space in Globe Trade Center’s (GTC) 10,000 m² Galileo building in Kraków (southern Poland).The deal, ...

CLS Holdings in leasing deals for Solna Business Park (UK)

CLS Holdings plc has secured further leasings of space at its Solna Business Park, for a total rent of 6.18m sek annually. Included amongst the new customer are Alcatel Telecom AB, b2b and Saratoga Sy ...

Metrovacesa builds the first Business Park in 22@ in Barcelona (ES)

The real estate company Metrovacesa is developing its first Business Park in Catalunya, specifically in 22@, and has chosen the real estate consultancy firms Jordá & Guasch y Jones Lang LaSalle ...

New Chief Financial Officer for Tornet (SE)

Bengt Evaldsson has been employed as Chief Financial Officer (CFO) for Fastighets AB Tornet taking up his position on 1 April 2005. He is taking over from Kent Karlsson who is becoming senior advisor ...

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