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Netherlands | Funds Companies Investments
Nordholland: -Office Complex Project Acquired for hausInvest europa
-Transaction Volume Approximates 34 Million Euros
more
Markus Esser, Commerz Real AG 2008-05-15
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Germany | Companies
Hessen: DIC Asset AG (German Securities ID 509840 / ISIN DE0005098404) today presented its interim report for the first quarter of the 2008 financial year. With consolidated net income of EUR 3.3 million (Q1 2007: EUR 4.9 million) and a higher operating profit (EBDA) of EUR 10.2 million (Q1 2007: EUR 9.0 million), DIC Asset AG successfully generated an attractive return, matching its projections in a market environment that continues to be challenging. The decline in net income compared to the first quarter of 2007 was largely due to higher financing expenses as well as gains on disposals in the previous year. more
Stephan Gramkow, DIC Asset AG • Investor Relations 2008-05-13
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Asia | Funds Companies Investments
Asia: - Office Project Acquired for hausInvest global
- 71 Robinson Road is the Second Investment in Singapore more
Markus Esser, Commerz Real AG 2008-04-29
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Germany | Funds Companies Investments Retail
Rheinland-Pfalz: GPT Halverton has acquired a retail property in Rhineland-Palatinate for the GRP Fund at a cost of € 6.9 million. more
Jochen Goetzelmann, GPT Halverton 2008-04-23
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Germany | Companies People
Germany: DEGI, a company of the Aberdeen Property Investors Group, today announced that it is upsizing its management team as part of its growth strategy. more
Dietmar Müller, DEGI Deutsche Gesellschaft für Immobilienfonds mbH 2008-04-21
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Germany | Companies People
Germany: DEGI, a company of the Aberdeen Property Investors Group, today announced that Dietmar Müller (39) will be assuming responsibility for the firm’s communication as press spokesman with immediate effect. more
Dietmar Müller, DEGI Deutsche Gesellschaft für Immobilienfonds mbH 2008-04-18
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Turkey | Companies
Turkey: International real estate services organisation Cushman & Wakefield (C&W) has recently taken over its long-term alliance partner P&D Real Estate Consultants (P&D) in Turkey as part of its European expansion. C&W had already worked with the company, which was founded in Istanbul in 1988, since 1991. Rahsan Cebe, Managing Director of P&D will become a C&W Partner and manage the new C&W office. The 13-person team has consulting expertise in all real estate consultancy sectors. more
Susanne Weber, Cushman & Wakefield 2008-04-10
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Germany | Companies People
Bayern: At its meeting held today, the Supervisory Board of HypoVereinsbank nominated Dr. Theodor Weimer (48) as successor to Dr. Wolfgang Sprissler (62), Chairman of the Management Board of HypoVereinsbank. Weimer, currently Head of Investment Banking in the Markets & Investment Banking Division both of HypoVereinsbank and of the UniCredit Group and responsible for the Division’s worldwide M&A, Capital Markets and financing activities, has been appointed Chief Representative of HypoVereinsbank with immediate effect, with responsibility for the Divisions Markets & Investment Banking and Corporate Banking. more
Presseabteilung, HypoVereinsbank 2008-04-09
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France | Funds Companies Investments Office
France: Expansion of the France Portfolio Continues
Office Projects Acquired for hausInvest europa
Investment Volume for "Ar Mor Plaza" and "Parc Cézanne 1" Totals approx. 50 Million Euros more
Karolina Müller, Commerz Real AG 2008-04-08
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Germany | Funds Companies Investments Hotel
Berlin: - Project Acquired for the ProCommerz Institutional Fund
- Construction Scheduled to Begin in September 2008
- Total Investment Volume approx. 22 Million Euros more
Karolina Müller, Commerz Real AG 2008-04-02
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France | Companies Investments
France: - “Porte de Clichy” Project Development Acquired
- Total Investment Volume of approx. 87 Million Euros more
Karolina Müller, Commerz Real AG 2008-04-01
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Netherlands | Funds Companies Office
Netherlands: Commerz Real signed the deed for the purchase of the “De West” project development in Amsterdam. Seller of the project was the prestigious Dutch project developer Fortress. Upon its completion in late 2008, the multi-functional office property will be added to the fund portfolio of the “Euro Property 1” institutional real estate fund. The transaction volume of the building with its gross lettable area of about 11,000 m² came to 37 million euros. more
Karolina Müller, Commerz Real AG 2008-03-31
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Netherlands | Companies
Nordholland: The “Kraanspoor” office building in Amsterdam, belonging to Commerz Real’s “Euro Office 1” institutional fund, received the MIPIM Award in the new “Green Building of the Year” category at this year’s international real estate trade fair in Cannes. Furthermore, it was honoured with the “Special Jury Award” of the year. more
Karolina Müller, Commerz Real AG 2008-03-27
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Germany | Companies
Germany: * New Business Enhanced in all Business Areas
* Substantial Increase in Profits
* Merger Transacted within a Matter of Months
■ Internationalisation and Expansion of the Product Range more
Markus Esser, Commerz Real AG 2008-01-31
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France | Funds Companies Prices and Markets
France: Commerz Real AG just sold the “Le Danica” office complex in Lyon out of the portfolio of the CGS-Immo-Spezial fund managed by Commerz Real subsidiary Commerz Grundbesitz - Spezialfondsgesellschaft mbH (CGS). The property was sold for 49.97 million euros. The sales yield realised on the basis of current rent revenues equals 5.74 percent. Thus, the fund’s institutional investor benefit from an attractive added value. The capital inflow derived from the transaction will expand the fund’s options toward the purchase of other attractive properties. more
Markus Esser, Commerz Real AG 2008-01-16
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| Investments Office International
: - First Real Estate Investment in Singapore
- `78 Shenton Way´ – Office Property with Attached Project Development Acquired
- Total Investment Volumes of approx. 324 Million Euros more
Markus Esser, Commerz Real AG 2007-12-14
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Germany | Funds Companies Investments
Germany: The property fund company DEGI Deutsche Gesellschaft für Immobilienfonds mbH has purchased an office and commercial building in Mannheim from LBBW Immobilien GmbH for its DEGI GERMAN BUSINESS fund. more
Sabine Richter, Colliers Presse und Öffentlichkeitsarbeit 2007-12-06
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Asia | Funds Companies Investments
Asia: - First Real Estate Acquisition in South Korea
- Fund Acquires the Fully Let Choongmuro Tower more
Karolina Müller, Commerz Real 2007-11-27
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Switzerland | Companies
Switzerland: After extensive investigations, the Swiss Antitrust Commission has approved the acquisition of Dipl. Ing. Fust AG by Coop more
Jelmoli Holding AG 2007-11-26
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Europe | Companies Investments Europe
Europe: CB Richard Ellis Group, Inc. announced today that commercial real estate investment activity in Europe reached a record level in the third quarter of 2007. Total investment in European real estate rose 24% to approximately €65 billion in the third quarter of 2007, as compared with the third quarter of 2006. This high level of activity was achieved despite the more challenging financing environment that emerged over the summer. more
Middle East Events 2007-10-30
