Property Press Releases

, 2008-10-22 | estate agent

• NAI Global has created a new International Advisory Group in its New York City office to provide specialized services to international companies, governments and investors with activities in the U.S.

  The group is led by Executive Managing Director Gil Robinov, a New York City commercial real estate veteran with extensive experience representing international companies and governments in New York City over the past 35 years

  Silke Hoffmann for NAI apollo

, 2008-10-17 | estate agent

• SAVILLS US LEADS DISTRESSED REAL ESTATE SERVICE

  Savills has this week launched a distressed real estate team led by its New York office to assist real estate companies and their lenders with liquidity needs.

  Julia Dietrich (Diet-Rich-Consulting) for Savills

Berlin, 2008-10-15 | Property Companies

• Commerz Real Deepens its Commitment in Berlin

  Commerz Real signed a contract for the acquisition of the “Westend IV” project development in Berlin, which is earmarked for its ProCommerz institutional fund.

  Karolina Müller for Commerz Real AG

Bayern, 2008-10-14 | Financial Markets

• Hypo Real Estate Holding AG: Supervisory Board commissions legal enquiry

  The Supervisory Board of Hypo Real Estate Holding AG has retained Milbank Tweed Hadley McCloy LLP, to examine a possible breach of duty by former Board Members Mr. Georg Funke and Mr. Bo Heide-Ottosen.

  Pressestelle for Hypo Real Estate Group

Switzerland, 2008-10-14 | Property Financing

• Following end of subscription period, CORESTATE Fund holds roughly 96 % stake in ALTA FIDES via a subsidiary

  By the end of the subscription period for the public mandatory offer for ALTA FIDES Aktiengesellschaft für Grundvermögen by GOETHE INVESTMENTS S.à r.l., a subsidiary of the CORESTATE German Residential Limited fund managed by private equity investor CORESTATE Capital AG, a further 19.71 percent of stocks had been tendered to the Stuttgart-based real-estate group.

  Oliver Stumm for CORESTATE CAPITAL AG

Germany, 2008-10-10 | Financial Markets

• Kurt F. Viermetz resigns from the Supervisory Board of Hypo Real Estate Holding AG, following replenishments to the Management Board

  With the Supervisory Board of Hypo Real Estate Holding AG having refilled key positions on the Management Board at the start of this week, the Chairman of the Supervisory Board, Kurt F. Viermetz, has abdicated his mandate as Chairman of the Supervisory Board.

  Presseabteilung for Hypo Real Estate Group

, 2008-10-09 | Property Companies, Green Building

• HOCHTIEF subsidiary Turner wins EUR 206 million contract in the USA

  Planning and construction of a green university campus complex—Turner is US construction leader in the fields of education and green building

  Dr. Patricia Wischerhoff for Hochtief AG