Category Archives: Real Estate

Real Estate Press Releases & News distributed via EuropaWire

Bank of Scotland relaunches its Argyle Street branch with the latest in interactive digital technology

(PRESS RELEASE) LONDON, 16-Dec-2019 — /EuropaWire/ — Bank of Scotland has announced it is reopening its completely overhauled Argyle Street branch following multi-million pound renovation. The branch in Glasgow has been designed to meet the changing needs of high street … Read the full press release

Skanska sells 90% interest in the Bank of America Tower office property in Houston, Texas, USA for USD 373 M, about SEK 3.5 billion

(PRESS RELEASE) STOCKHOLM, 11-Dec-2019 — /EuropaWire/ — Skanska sells 90 percent interest in the Bank of America Tower office property in Houston, Texas, USA to an affiliate of Beacon Capital Partners. The transaction amounts to USD 373 M, about SEK … Read the full press release

CapMan Nordic Real Estate II fund makes its first exit just 2 years since inception

(PRESS RELEASE) HELSINKI, 6-Dec-2019 — /EuropaWire/ — CapMan Nordic Real Estate II fund announced it is selling a portfolio of eleven care properties in Finland to Sweden based property owner Hemfosa Fastigheter. CapMan Nordic Real Estate II fund was launched … Read the full press release

Construction company Skanska bought 26,200 sq. m. of land in Bucharest, Romania for EUR 24 million

(PRESS RELEASE) STOCKHOLM, 3-Dec-2019 — /EuropaWire/ — Construction and project development company Skanska announced it has acquired some 26,200 square meters of land in Bucharest, Romania. The land was bought from Intero Property Development Estates SRL as the price agreed … Read the full press release

Skanska takes part in major transformation of Ulven district in Oslo

(PRESS RELEASE) STOCKHOLM, 17-Sep-2019 — /EuropaWire/ — Skanska signs contract with Obos to build 168 apartments in Oslo, Norway. The NOK 344 M (about SEK 370 M) worth project is part of a major transformation of the Ulven district in … Read the full press release

Navigation Square’s NSQ1 office building in Cork, Ireland will house Clearstream’s growing funds business

Navigation Square’s NSQ1 office building in Cork, Ireland will house Clearstream’s growing funds business

New major location for Clearstream in Cork, Ireland (PRESS RELEASE) FRANKFURT, 13-Sep-2019 — /EuropaWire/ — Deutsche Börse Group and Clearstream, its post-trade services provider, have announced that they are opening a new office in NSQ1 building at Navigation Square in … Read the full press release

CapMan Nordic Property Income Fund form high-quality modern office sub-portfolio with three acquired assets in Greater Helsinki

(PRESS RELEASE) HELSINKI, 15-Aug-2019 — /EuropaWire/ — CapMan Nordic Property Income Fund completed two separate transactions to form a high-quality modern office sub-portfolio. Together the properties form a c. 14,500 sqm office portfolio with over 5- year blended lease maturity … Read the full press release

Logicor welcomes Michael Slattery, Managing Director at Blackstone as Interim Chief Executive Officer

(PRESS RELEASE) LONDON, 23-May-2019 — /EuropaWire/ — Michael Slattery, Managing Director at Blackstone, will join Logicor as Interim Chief Executive Officer. Mo Barzegar will retain a leadership role as Logicor’s Chairman. Buddy Roes, Logicor’s current Managing Director for Northern Europe, … Read the full press release

CapMan Nordic Real Estate II fund adds Cavonius building in Helsinki to its City Pearls portfolio

(PRESS RELEASE) HELSINKI, 15-May-2019 — /EuropaWire/ — CapMan Nordic Real Estate II fund acquires an office and retail property located at Pohjoisesplanadi 21, Helsinki. The Cavonius building is already the fund’s third acquisition to its City Pearls portfolio investing in … Read the full press release

Equinor Energy AS: drilling of wildcat well 36/1-3 part of production licence 885 finished: the well is dry

(PRESS RELEASE) EDINBURGH, 3-Apr-2019 — /EuropaWire/ — Equinor Energy AS, operator of production licence 885, containing the Presto prospect, has just finished the drilling of wildcat well 36/1-3. Transocean Spitsbergen drilling facility was responsible for the drilling of the well … Read the full press release

City of Stockholm hires Skanska for the renovation of the Stockholm House of Culture & City Theatre

(PRESS RELEASE) STOCKHOLM, 22-Feb-2019 — /EuropaWire/ — The City of Stockholm has signed an agreement with the construction company Skanska to have the Stockholm House of Culture & City Theatre in central Stockholm, Sweden renovated. The renovation will cost the City of Stockholm around SEK 550 M … Read the full press release

ENTEGA Medianet to set up super-fast fiber optic Internet in Darmstadt’s Lincoln housing estate

(PRESS RELEASE) DARMSTADT, 4-Feb-2019 — /EuropaWire/ — The ENTEGA Medianet to install super-fast fiber optic cables for the apartments in Darmstadt’s Lincoln housing estate. The technology will provide much higher bandwidths than a copper cable supply. With the fiber connections data … Read the full press release

Statische Bundesamt (Destatis): 7 % der Bevölkerung in Deutschland lebten 2017 in einer überbelegten Wohnung

Überbelegungsquote mit 16 % im EU-Durchschnitt deutlich höher (PRESS RELEASE) WIESBADEN, 14-Jan-2019 — /EuropaWire/ — 7 % der Bevölkerung in Deutschland lebten 2017 in einer überbelegten Wohnung. Das heißt, der Haushalt verfügte über zu wenige Zimmer im Verhältnis zur Personenzahl. Wie das Statische … Read the full press release

YIT started major apartment building projects in Finland with total value of nearly EUR 60 million

(PRESS RELEASE) HELSINKI, 10-Jan-2019 — /EuropaWire/ — YIT started several apartment building projects in Finland in October–December 2018. The largest of these projects are Tampereen Kanavamestari, Helsingin Tanhua and Vantaan Hortensia. The total value of these projects is nearly EUR 60 … Read the full press release

Icade sold its headquarters building in Issy-les-Moulineaux for €98.8 million to major French institutional investor

(PRESS RELEASE) Issy-les-Moulineaux, France, 04-Jan-2019 — /EuropaWire/ — On December 28, 2018, pursuant to the preliminary agreement signed last October 25 Icade sold Open (9,200 sq.m), its headquarters building located in Issy-les-Moulineaux, for €98.8 million excluding duties, to a major French … Read the full press release

EQT Real Estate I fund acquired a vacant office property located in Clichy Saint-Ouen, North Paris

The transaction represents EQT Real Estate’s fourth acquisition in Paris – a 9,050 square metre vacant office property for a price of EUR 42 million The property is located on rue Mozart in Clichy Saint-Ouen, North Paris, less than 200 … Read the full press release

KfW Construction Award 2019 now open for applications

A total of up to EUR 35,000 in prize money “New construction” and “modernising existing buildings” categories Apply by 20 February 2019 FRANKFURT, 07-Dec-2018 — /EuropaWire/ — The application phase for the KfW Construction Award 2019 is starting now. Until … Read the full press release

Skanska sold buildings C and D of the Silesia Business Park office complex in Katowice to ISOC Group

STOCKHOLM, 05-Dec-2018 — /EuropaWire/ — Skanska has sold buildings C and D of the Silesia Business Park office complex in Katowice. The buyer is ISOC Group, a diversified real estate and infrastructure investment group, based in Manila, Philippines. The value of … Read the full press release

Skanska divests Bergskvadraten development project in Norrköping, Sweden to Rikshem

STOCKHOLM, 05-Dec-2018 — /EuropaWire/ — Skanska divests Bergskvadraten development project in Norrköping, Sweden, to Rikshem for about SEK 490 M. The block contains 101 apartments with garage and 72 nursing homes. The project is developed by Skanska Sweden. The divestment will … Read the full press release

AXA Investment Managers – Real Assets to acquire the management of $9.4 billion of U.S. commercial real estate loan mandates from Quadrant Real Estate Advisors

AXA Investment Managers – Real Assets and Quadrant Real Estate Advisors announce they have reached an agreement whereby AXA Investment Managers – Real Assets will acquire from Quadrant Real Estate Advisors one of its U.S. lines of business including a … Read the full press release

Karstadt creates a new shopping experience at its new department store at the Gropius Passagen shopping mall in Berlin

On 25 October 2018, Karstadt is opening a new department store at the Gropius Passagen shopping mall in Berlin, driving its development forward. Size and concept of the new branch have been precisely tailored to the local needs, and Karstadt … Read the full press release

Fact.MR Study Finds Global Demand for Crawler Cranes to Reach 3,648 Units in 2018, Greater China Leads with 30% Share

DUBLIN 2, Ireland, 25-Oct-2018 — /EuropaWire/ — Fact.MR recently announced the launch of its report that provides detailed assessment on the crawler cranes market. A comprehensive analysis has been offered on the key factors that are likely to shape the crawler … Read the full press release

Vesteda and Dutch Society for the Protection of Birds partner to improve living environment for both people and birds

AMSTERDAM, 25-Oct-2018 — /EuropaWire/ — Residential real estate investor Vesteda and the Dutch Society for the protection of Birds (Vogelbescherming Nederland) today signed a cooperation agreement with the aim of improving the living environment for both people and birds. To … Read the full press release

AXA Investment Managers – Real Assets acquired Le Dôme, a high quality office building in Luxembourg

PARIS, 22-Oct-2018 — /EuropaWire/ — AXA Investment Managers – Real Assets (“AXA IM – Real Assets”), a global leader in real asset investments and the leading(1) real estate portfolio and asset manager in Europe, announces that it has acquired, on behalf of … Read the full press release

Loughborough University named UK’s best student accommodation by a recent Student Crowd survey

Leicestershire, UK, 16-Oct-2018 — /EuropaWire/ — Loughborough University has been named best in the country for student accommodation by a recent Student Crowd survey. Over 17,000 students from across the UK provided reviews for the organisation, who have compiled a list … Read the full press release

Allianz Real Estate reached 60.1 billion euros in assets under management at the end of June 2018

Worldwide diversification over asset classes, investment styles and structures drives assets under management to 60.1 billion euros at the end of June 2018 European financing team reaches 6.8 billion euros with a focus on prime investments on a Pan European … Read the full press release

Digitisation: HIH Group Selects Assetti as its Web-Based Platform Solution

HELSINKI, 04-Oct-2018 — /EuropaWire/ — The HIH Group will be using Assetti as its web-based asset management tool to drive the progressing digitisation of its management processes. This was announced by the company today. Assetti supports the seamless collaboration between … Read the full press release

AXA Investment Managers – Real Assets and Bixby announce the acquisition of two industrial warehouses in Arizona and California

PARIS, 04-Oct-2018 — /EuropaWire/ — AXA Investment Managers – Real Assets (“AXA IM – Real Assets”), a global leader in real asset investments and the leading(1) real estate portfolio and asset manager in Europe, and Bixby Land Company (“Bixby”), a leading Western … Read the full press release

AXA Investment Managers – Real Assets announces the acquisition of a prime logistics site in Leipzig, Germany

PARIS, 04-Oct-2018 — /EuropaWire/ — AXA Investment Managers – Real Assets (“AXA IM – Real Assets”) announces the acquisition of a prime logistics freehold site in Leipzig which can accommodate the development of up to 113,000 sqm of Grade A … Read the full press release

Banco Santander to sell portfolio of residential properties to Cerberus affiliate for 1.535 billion euros

Portfolio comprises 35,700 residential properties, including parking and storage. MADRID, 20-Sep-2018 — /EuropaWire/ — Banco Santander has reached an agreement with an affiliate of Cerberus Capital Management, L.P. (“Cerberus”) for the sale of a portfolio of residential properties for 1.535 billion … Read the full press release