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LBO France and Deutsche Asset & Wealth Management sell the Selec portfolio (FR)

Powerhouse France, a new investment vehicle organized and managed by TwentyTwo Real Estate, has completed the acquisition of Financière SELEC from investment vehicles managed by LBO France, and Deuts ...

Lemminkäinen starts construction of the Tapiola residential project in St. Petersburg (RU)

Lemminkäinen has obtained a building permit for the residential building planned for the plot in the St. Petersburg city center, which was purchased by Lemminkäinen in autumn 2012. Lemminkäinen wil ...

Verny Capital to invest $300 million in the construction of Talan Towers in Astana, Kazakhstan (KZ)

Verny Capital announced that it will invest $300 million (approx. €224 million) into the construction of Kazakhstan’s first environmentally sustainable building complex, meeting LEED standards. ...

Wihlborgs acquires whole of Ideon portfolio in Lund (SE)

Via a company transaction, Wihlborgs is to acquire Ikano Fastigheter’s property portfolio in Ideon, Lund, southern Sweden and will now become the sole property owner in Ideon. The acquisition compri ...

Pluto Finance boosts London housing sector with launch of £250 million lending business (UK)

Pluto Finance, the residential development lender, today launched a new £250 million (approx. €294 million) business which will provide much-needed finance for housing developments in London and th ...

UNITE to raise £50 million to fund a regional development program (UK)

The UNITE Group plc today announces a proposed placing of up to 16.0 million new ordinary shares of 25 pence each  representing approximately 9.99% of the Company's current issued ordinary share capi ...

Threadneedle sells 73 Brook Street, London W1 (UK)

Threadneedle Property Investments Limited have sold the long leasehold of 73 Brook Street, London W1. The 14,500 ft² (1,300 m²) property was purchased by an overseas investor for the sum of £19 mil ...

Foncière des Régions reinforces its position in Germany (FR/DE)

The Board of Directors of Foncière des Régions has approved a proposed public exchange offer for shares between Foncière des Régions on Foncière Développement Logements (FDL), which will increas ...

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