Beny Steinmetz’s BSG Takes Aim at Distressed Europe Shops

Scheduled to launch today, a $2 billion dollar fund to buy distressed European properties by Beny Steinmetz (BSG)is all in the news. The Israeli billionaire’s new venture will reportedly be aimed at leveraging low prices across Europe’s beleaguered property sector.

Austria’s conwert Immobilien Invest Gets Go Ahead on KWG Deal

Austrian ATX-traded conwert has completed the acquisition of a majority stake of 60% in Hamburg based Municipal Housing AG (KWG).

RealtyBizNews: Real Estate Marketing & Beyond