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HIH Global Invest Buys Office Building for $70M By Katie Hinderer LONDON-LaSalle Investment Management sold the class A office property located in the financial district. ... Full Story

Deloitte House Sells for $165M By Katie Hinderer WARSAW-This transaction is the fifth largest to take place throughout Europe, the Middle East and Africa in 2009. ... Full Story

Acer Inks Deal for 215,000-SF Distribution Site By Katie Hinderer WARSAW-The ProLogis facility will provide the computer system manufacturer with a site to distribute parts to Europe, the Middle East and Africa. ... Full Story

Boston’s DebtX Establishes Madrid Office By Allan Saunderson MADRID-The internet loan-trader is trying to foster Spanish loan trading. ... Full Story

Corio Pays $178M for Shopping Center By Katie Hinderer MADRID-The company has taken a 95% stake in the Príncipe Pío shopping center, located in the heart of Madrid and connected to the railway station. ... Full Story

Züblin Boosts Cash Flow, Yet Devalued By Allan Saunderson ZURICH-Energy efficient office building owner plans to remain in line with debt covenants but is looking into not paying dividends. ... Full Story

German Funds Favor Assets in Japan By Allan Saunderson FRANKFURT-Funds bought 12 assets in Japan over the last 12 months, precisely doubling the share of the nation in total AUM to 3.1%. ... Full Story

Klepierre Refinances $3.1B of Debt By Katie Hinderer PARIS-The company has also relaxed its covenants for a $1.4 billion loan set to mature in September 2014 in order to help maintain liquidity. ... Full Story

Four Units of Vivacon File For Insolvency By Allan Saunderson COLOGNE, GERMANY-Affected are almost 4,000 some 10,000 housing units of the group. ... Full Story

Rising Public Debt Encouraging European Sales By Allan Saunderson LONDON-The government in the UK looks to sell up to £20 billion of commercial property and related assets during the next 10 years, with other countries following. ... Full Story

High Italy Office Demand Due to Relocation By Allan Saunderson MILAN, ITALY-Demand for offices rose in this city, but demand in Rome diminished, report says. ... Full Story

Positively Beneficial to the Climate By Debra Hazel Clinton Climate Initiative lauds developments that aid the planet. ... Full Story

Romanian Firm Buying up Deutsche Land By Allan Saunderson DOUGLAS, ISLE OF MAN-Black Sea Global Properties is gunning for a 54% majority stake in the commercial real estate owner. ... Full Story

Ricoh Co. Leases 114,000 SF By Katie Hinderer NAGOYA, JAPAN-Developer ProLogis has seen a significant amount of interest in the property set to be delivered by the end of July. ... Full Story

Leading Swiss Real Estate Firms Merge By Allan Saunderson ZURICH-After an exchange offer, retail company Jelmoli Holding will have a 47% interest in peer real estate firm Swiss Prime Site. ... Full Story

Survey: Overseas Buyers Will Be Back in the USA By Paul Bubny WASHINGTON, DC-AFIREs first-ever mid-year survey finds that two-thirds of foreign investors plan to invest in US real estate by years end. ... Full Story

Metrovacesa Halts Split From Gecina By Allan Saunderson PARIS-The Spain-based firm will remain a shareholder in the second-largest French REIT, with a 26.9% stake, and recently appointed five directors. ... Full Story

CBRE Appoints Daniels Mexico President By Katie Hinderer MEXICO CITY-He will assume the position July 1, 2009 after working for Hines-Mexico since 1994. ... Full Story

Dubai Wants to Build a Fashion District By Katie Hinderer DUBAI, UAE-The Dubai Culture and Arts Authority has a billion-dollar budget to create the fashion and design district. ... Full Story

Subleasing Gets Big in Moscow By Allan Saunderson MOSCOW-Current tenants attempt to minimise costs while new lessees enjoy
lower rents and flexible contract terms.
... Full Story

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