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Aareal Bank finances purchase of Berlin residential portfolios by the Cerberus Group (DE)

Aareal Bank is providing the Cerberus Group with a loan amounting to a three-figure million sum for the purchase of two residential portfolios in Berlin. The portfolios comprise a total of 2,700 resid ...

AM and Bouwfonds Property Finance acquire IBM site in Amsterdam for redevelopment (NL)

AM Vastgoed and Bouwfonds Property Finance have purchased a 5.3 hectare site in the Riekerpolder business district of Amsterdam from IBM Nederland.They plan over time to transform the site, which is c ...

Cushman & Wakefield Healey & Baker launches Hotel Advisory Services in Portugal (PT)

Recognising the growing importance of tourism â€" and especially the hotel sector â€" within the Portuguese economy, global real estate consultant Cushman & Wakefield Healey & Baker (C&am ...

Pirelli RE and Deutsche Bank fund set up real estate joint-venture (IT)

Pirelli & C Real Estate SpA said it reached an agreement with Deutsche Bank AG´s fund DB Real Estate Global Opportunities IB to set up a joint venture specialising in retail and entertai ...

Kingfisher to open first Castorama outlet in Russia in 2006 (RU)

Kingfisher PLC said it is going to open its first Castorama outlet in Russia in 2006.Castorama is the home improvement retailer´s French chain. Kingfisher also operates under the Brico Depot ...

REDEVCO buys Spanish real estate assets for a total amount of €210m (ES/PT)

REDEVCO Spain/Portugal has bought the real estate portfolio consisting of stores trading under the Supersol, Hiperdino, Hipersol, Netto and CashDiplo brands through a sale and leaseback formula.The ac ...

Land Securities completes City of London property deal with DrKW (UK)

Land Securities and Dresdner Kleinwort Wasserstein (DrKW), the investment bank, have completed the property transaction under which DrKW will take a lease at 30 Gresham Street, London EC2, Land Securi ...

C&W/H&B acquires leading Russian real estate services firm (RU)

Cushman & Wakefield Healey & Baker (C&W/H&B), which operates the European division of global real estate firm Cushman & Wakefield, has acquired one of the leading real estate servi ...

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