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RioCan Invests $170M in Eight Properties
By Katie Hinderer
TORONTO-The company also has an additional 1.4 million square feet under contract to purchase for $335 million. ... Full Story
French REIT Reports 4% Rise in Rental Income
By Allan Saunderson
PARIS-Foncière des Régions reported strong rental income for the first nine months of 2009, a rise of 3.8% like-for-like to a total of €773 million. ... Full Story
Avingstone's €500M Fund Targets Luxury Hotels
By Allan Saunderson
LONDON-The fund has so far assembled €310 million of equity commitments and is aiming at €500 million in total. ... Full Story
Sands Pays $87M of $380M for Macau Land Lease
By Brian K. Miller
LAS VEGAS-Las Vegas Sands makes the initial payment for the first two parcels of a five-parcel Cotai Strip land concession. ... Full Story
IVG Narrows Loss; Operations Stabilizing
By Allan Saunderson
BONN-IVG posted a much narrower consolidated net loss of €2.2 million in third quarter 2009 from a loss of €54.5 million in Q2 2009. ... Full Story
Kopernik Hands Moscow Properties to Alfa Bank
By Allan Saunderson
MOSCOW-Alfa plans to sell the properties by public tender, according to a new market report issued by research group GVA Sawyer. ... Full Story
HSBC London Tower To Trade for $1.3B
By Katie Hinderer
LONDON-The is the second sale-leaseback transaction HSBC has undergone with this Canary Wharf, class A property. ... Full Story
German Property Sentiment Surges in October
By Allan Saunderson
BERLIN-By contrast, the commercial letting market reported a regressive development as the letting market generally lags the economic situation. ... Full Story
Tishman Speyer Pays $95M for Office Property
By Katie Hinderer
PARIS-The building is occupied by AXA Corporate Solutions, which will continue to occupy the entire building through a long-term lease. ... Full Story
Luxembourg Offers 2010 Office Opportunities
By Allan Saunderson
LUXEMBOURG-Albeit small in stature, Luxembourg is looking at some big opportunities in the upcoming office market. ... Full Story
Norwegian Property Results Bounce Back in Q3
By Allan Saunderson
OSLO-Hotels and commercial real estate investor Norwegian Property posted a profit of €30 million, up from a €163 million loss in Q3 2008. ... Full Story
Invesco in €155M Hamburg Hotel Buy
By Allan Saunderson
HAMBURG, GERMANY-The purchase of the Radisson Blu Hotel is the fund’s most significant purchase to date. ... Full Story
UK Real Estate Yields Fall in October
By Katie Hinderer
LONDON-‘Investors seem to believe that they will look back on 2009 as an historic low point for pricing so it’s no surprise that buyers are rushing in now.’ ... Full Story
German Multifamily Deals Reach €1.9B
By Allan Saunderson
BERLIN-Twenty three residential portfolios comprising 17,000 apartments were transacted, says international realtor Savills. ... Full Story
Disney Gets Go-Ahead for Theme Park
By Katie Hinderer
SHANGHAI-After receiving government approval, final plans are now being hashed out for the $3.6 billion park. ... Full Story
BNP Paribas Italy Partners With Inpartner
By Allan Saunderson
MILAN-The two firms will cooperate on ongoing developments over the next few years as part of the agreement. ... Full Story
Spain’s Colonial to Rejig Finances Again
By Allan Saunderson
BARCELONA, SPAIN-Inmobiliaria Colonial's cash flow is adequate to support debt of €2 billion, while liabilities total €6.3 billion. ... Full Story
Venice Hosting First Tourism Real Estate Fair
By Allan Saunderson
VENICE-It aims match supply and demand of properties in tourism and the service providers of the sector. ... Full Story
Future Uncertainty Still Dominates Industry
By Allan Saunderson
AMSTERDAM-Investors and fund managers think it unlikely that the property market will have improved by year-end, says an INREV survey. ... Full Story
Russia To See New Construction by Mid-2010
By Katie Hinderer
MOSCOW-The construction market has declined in value throughout 2009; now worth $81 billion, it was valued at $129 billion at the start of Q1. ... Full Story
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