Beltane bags brace of city deals in less than two months

UK - Beltane Asset Management, has purchased St Paul’s House, Warwick Lane, EC4 from Grange Hotels, its second City acquisition in less than two months. The purchase price of the 38,000 sq ft office on Warwick Lane, close to the London Stock Exchange, Goldman Sachs and Merrill...

Tuesday, 31. August 2010

Sentiment remains sunny while some risks have yet to be weathered

Germany - The high-flying sentiment in the real estate industry persists according to the August survey for the King Sturge Real Estate Economy Index, which is polled monthly. Having gained another 8.6 percent and climbing to 120.2...

Tuesday, 31. August 2010

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The new beginning of Prozna Street

Poland - Warimpex, the investor of the new office building on Prozna Street has chosen Jones Lang LaSalle as an exclusive agent for the commercialization process of the project. Jerzy Krogulec, President of Warimpex Polska says:...

Tuesday, 31. August 2010

Varena opens in Vöcklabruck

Austria - Varena in Vöcklabruck has opened its doors on Wednesday, August 25th 2010. It is the 24th mall of SES Spar European Shopping Centers. The company has invested €82 million in this location and created 750 jobs. It is the...

Tuesday, 31. August 2010

EMEA region follows closely, with rents turning up

UK - More than half of the office rental markets in Asia Pacific either stabilized or moved into the growth phase during the second quarter (Q2) of 2010, demonstrating that the region continues to lead the global real estate recovery, according to CB Richard Ellis’ (CBRE)...

Tuesday, 31. August 2010

Deutsche Wohnen with a strong performance in the first half of 2010

Germany - Deutsche Wohnen concludes the first half of 2010 with earnings of €8.1 million, continuing the successful development of the first quarter of 2010.

Tuesday, 31. August 2010

Rezidor announces the Park Inn City Centre Sochi in Russia

Russia - The Rezidor Hotel Group, one of the fastest growing hotel companies worldwide, and the Regional Hotel Chain (RHC), the leading dedicated regional hotel developer in Russia, announce the Park Inn City Centre Sochi. The...

Monday, 30. August 2010

322 hotels to open in EMEA in 2012

UK - Lodging Econometrics (LE) is releasing for the first time its 2012 Forecast for New Hotel Openings in Europe, the Middle East, and Africa (EMEA), as well as making downward revisions to year-end totals for 2010 and 2011. 322 hotels/67,680 rooms are expected to open in...

Monday, 30. August 2010

IFM leases 2,000 sqm of office space in the Frankfurt Romeo & Julia office towers

Germany - IFM Immobilien AG has leased out nearly 2,000 square meters of office space in the Romeo & Julia twin towers in Frankfurt. The newest tenants are real estate firm Colliers,...

Monday, 30. August 2010

London hoteliers on a high after record breaking room occupancy

UK - Room occupancy levels achieved a staggering 94.1% in London as year-on-year profit conversion levels grew by 31.3% in July, according to the latest HotStats survey from TRI Hospitality Consulting.

Monday, 30. August 2010

Expects strong–fundamentals but realising out-performance will requires asset management skills and leveraging relationships

UK - In its latest London office report, Henderson Global Investors examines the factors underpinning the recovery in rental values and addresses the question: ‘Can these rates of growth be sustained?’ It concludes that, in the...

Monday, 30. August 2010

Roche leases more space in Malta Office Park

Poland - Echo Investment and Roche Poland have signed the second office space lease agreement in the Malta Office Park complex being developed in Poznañ on Arcybiskupa Baraniaka street.

Monday, 30. August 2010

Chinese set to replace Russians as major investors in prime residential property

UK - Chinese buyers are anticipated to replace Russian investors as major players in the prime central London market as the number of super-wealthy individuals continues to grow rapidly in the country, new research from CB...

Monday, 30. August 2010

ING to sell its stake in Canadian property portfolio

The Netherlands/Canada - ING has agreed to sell its 50% stake in ING Summit Industrial Fund LP, a Canadian light industrial property portfolio to a joint venture between KingSett Capital and Alberta Investment Management Corporation (AIMCo).

Friday, 27. August 2010

OVG delivers the Haagsche Zwaan office building to Union Investment

The Netherlands - OVG has delivered office development Haagsche Zwaan in The Hague to purchaser Union Investment. The Zwaan comprises 20 floors over 18,500 sq m and has 237 parking spaces....

Friday, 27. August 2010

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