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Land Securities in

Land Securities Group plc announced yesterday a £2.4bn refinancing package that will see existing debt replaced by the issue of new bonds.The announcement followed a newspaper report over the weekend ...

First acquisition by Deka Immobilien in South Korea (DE)

Deka Immobilien is continuing its internationalization strategy by expanding its Asia portfolio with its first investment in South Korea. For the equivalent of €68 million, it has acquired an office ...

ING Real Estate in

ING Real Estate is set to buy 85 Gracechurch Street in the City of London from Arab Investments for a total of £32m.The scheme provides 59,000 sq ft of multi-let office space. The deal will net Arab ...

Aberdeen Asset Management net new business for 11 months to August at

Aberdeen Asset Management plc said ahead of its full year results that its net new business for the 11 months to August totalled £2bn, and added that the company has significantly reduced its gearing ...

Brabantstad seeks foreign investors (NL)

Breda, Eindhoven, Helmond, Den Bosch and Tilburg, the five largest cities of the Netherlands’ southern province Brabant and jointly referred to as ‘Brabantstad’, will actively seek foreign inves ...

HelioSlough plans major Doncaster distribution park (UK)

HelioSlough, a joint venture between Helios Properties and Slough Estates, is planning to develop a 2.6m sq ft rail-linked distribution scheme near Doncaster.The joint venture has assembled a 150-acre ...

Helical Bar to develop projects in Milton Keynes with Abbeygate Developments (UK)

Helical Bar plc, the property developer, said it has secured forward funding for the development of an 80,000 sq ft retail warehouse in Milton Keynes.The property will have an end value of 24.5 mln st ...

Metrovacesa to invest €36m in Valencia commercial center (ES)

Metrovacesa SA said it has begun construction of a new commercial center in Gandia, Valencia, in collaboration with local property developer Coprusa.In a statement, Metrovacesa said it will contribute ...

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