Immoeast AG concludes refinancing of €250 m for three properties

Austria/Poland - Helaba Landesbank Hessen-Thüringen has agreed to refinance €250 m in a property-backed deal involving Immoeast properties “Silesia City Center”, a shopping centre in...
Thursday, 11. March 2010

Vienna International Airport: 5.4% plus in passengers during February 2010

Austria - The number of passengers handled at Vienna International Airport rose by 5.4% year-on-year to 1,197,138 in February 2010.
Thursday, 11. March 2010

Central Europe boosts industrial real estate market

UK - Central Europe continues to play a significant role on the industrial real estate map, and despite the rebalancing of the global economy, the market saw a number of major transactions; last year, around 1.5 million square...
Tuesday, 09. March 2010

European housing showing signs of recovery

UK - Signs of recovery are visible in some European housing markets, especially in sales levels and prices, says the latest RICS European Housing Review launched today in Brussels (2 March 2010).
Monday, 08. March 2010

Global property markets on the up-investment volumes forecast to reach $478 billion in 2010

UK - According to Cushman & Wakefield’s 2010 Global Investment Atlas, which monitors investment flows in commercial property in 56 countries, global investment volumes are forecast to rise 30% this year, hitting $478bn...
Wednesday, 03. March 2010

Hochtief Projektentwicklung appoints regional manager for Southeast Europe

Hungary - Peter Noack (41) has been appointed Regional Manager for the Southeast European subsidiaries of Hochtief Projektentwicklung GmbH. The jurist has worked in Prague as general...
Tuesday, 02. March 2010

European and Asian office market rents stabilizing

UK - The effects of the economic crisis on demand for office space varied across the world’s major office markets in 2009, and there are now widespread differences in their rental characteristics, according to CB Richard Ellis’ (CBRE) new Global Office Rental Cycle report....
Monday, 01. March 2010

European Chain Hotels Market Review - Happy New Year for London hoteliers

Europe - London began 2010 as it ended 2009, with, by far, the highest Gross Operating Profit per Available Room (GOPPAR) across the sample of European cities in the latest HotStats survey from TRI Hospitality Consulting.
Monday, 01. March 2010

Real Invest Austria invests in new real estate assets

Austria - Real Invest Austria, Bank Austria Real Invest's flagship and domestic market leader among open-end real estate funds, has acquired nine new properties worth around €140m in the course of an investment campaign in the past few weeks. Five small real estate assets were sold...
Wednesday, 24. February 2010

2010 to see Moderate rises in take-up and investment volumes up across Europe

Europe - Office take-up in the main European cities is to rise moderately by 9% in 2010, according to BNP Paribas Real Estate. The leading global property adviser also forecast that the investment market will rise sharply with...
Monday, 22. February 2010

Simon Property Group Makes $10 Billion Offer to Acquire General Growth Properties

International - Simon Property Group, Inc. announced that it has made a written offer to acquire General Growth Properties, Inc. in a fully financed transaction valued at more than $10 billion (approx. €7.26 bln.), including approximately...
Friday, 19. February 2010

CA Immo: Building rights for 1.6 m sqm gross surface area aimed for by 2014

Austria - At the start of 2008, the property company CA Immo with investments in central Europe acquired the German Vivico Real Estate, formerly state-owned, with the aim of dynamic expansion of its German business. Two years on,...
Friday, 19. February 2010

Flughafen Wien AG: construction on VIE-Skylink resumed as planned

Austria - Construction on the terminal extension VIE-Skylink has resumed today as planned. Work on the technical facilities for heating, air conditioning and ventilation as well as sanitary and electrical equipment has already...
Monday, 15. February 2010

Vienna International Airport: 4.1% increase in passengers during January 2010

Austria - The number of passengers handled at Vienna International Airport rose by 4.1% year-onyear to 1,202,594 in January 2010.
Thursday, 11. February 2010

WED builds new landmark in Vienna

Austria - When the first sod is turned for DC Tower 1, Vienna will soon receive a new landmark. Right on the banks of the Danube a new office building is to be built in the most modern urban development zone – Vienna's Donau-City –...
Thursday, 11. February 2010
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