News
Google News: Hansteen Germany agrees over €40 Million investment deals
[Property Magazine International] - The portfolio comprises 32 estates, totalling 1.6 million sq ft, and has an annual rent roll of £6.1 million, representing a net initial yield of 10.1%, and vacancy rate of 16%. Hansteen has also agreed five investment sales in Germany for a total of
Sean Quinn released from Dublin prison
www.newstalk.com
[Newstalk fm] - Newstalk's business editor Ian Guider says the IBRC will be seeking information on the property empire and what happened to the rent-roll from it. This is thought to be worth some US$35 million over the last few years. Tom Lyons is the deputy business
Kachere Corp Sells Brooklyn Multifamily for $5.7M
www.costar.com
[CoStar Group] - Capani's Management has acquired the 53-unit multifamily building at 249 E. 37th St. in Brooklyn, NY from the Kachere Corporation for $5.65 million, or about $107,000 per unit. The price tag translates to 8.7 times the rent roll. The six-story elevator
Shannon welcomes status as independent airport
www.irishtimes.com
[Irish Times] - The second of a two-phase process for the new Shannon Airport entity will see the merging of the airport by July 1st, 2013, with activities of a restructured Shannon Development, including its considerable land-bank and associated rent-roll. The 2011
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