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What to expect on the Croatian construction market until 2014

According to the latest research report of Buildecon, the construction industry in Croatia has registered a massive slump from the sky-high levels of 2008; practically all subsectors have shrunk to half of their peak size. Total... more...
Friday, 11. May 2012

Tulipan Group receives building permit for Mall of Split shopping center

Tulipan Group Ltd has received a building permit for its shopping and entertainment center Mall of Split, located in the city of Split, Croatia. The new generation shopping center is scheduled to open in March 2013. more...
Friday, 2. December 2011

W. P. Carey provides €41 million financing for Austrian developer BOP

The investment management company W. P. Carey & Co. LLC today announced that one of its publicly-held non-traded REIT affiliates, CPA:17 – Global, has completed a €41 million ($57 million) construction financing package for Austrian... more...
Thursday, 17. November 2011
Vrbani, Croatia, Shopping Centre - Photo: Vrbani, Croatia, Shopping Centre

New scheme in Zagreb for international real Estate investors Bluehouse Capital

Sonae Sierra will be responsible for the Development Management of the new Shopping Centre Vrbani, a Bluehouse Capital's new Investment in Zagreb. The new commercial area will have a... more...
Tuesday, 15. November 2011

Immofinanz takes over 100% of Zagreb’s Grand Centar

As of 6 April 2011 Immofinanz AG acquired the remaining 20% stake in the Grand Centar in Zagreb through its subsidiary Immoeast Allegro Beteiligungs GesmbH. This stake was previously held by Generali Immobilien AG. The Grand Centar in... more...
Thursday, 5. May 2011

Direct European real estate investment volumes totalled €26 billion in Q1 2011

Direct commercial real estate investment volumes in Europe in the first quarter 2011 (Q1 2011) totalled €26 billion, a 32 percent increase on figures for Q1 2010, according to new research from Jones Lang LaSalle. Successful debt and... more...
Tuesday, 26. April 2011

Market momentum builds as Q1 European property investment hits €26.7 billion

The first quarter (Q1) of 2011 saw European commercial real estate transactions hit €26.7 billion as the investment market builds further momentum, according to the latest data by CB Richard Ellis (CBRE). more...
Tuesday, 26. April 2011
First Place - Photo: First Place

Urban photographer of the year competition - ‘Waiting at the Stop’ wins Irish country award

The Dublin office of CB Richard Ellis Group has announced the winner of its annual Urban Photographer of the Year competition. CBRE also announces the Ireland country winner for the... more...
Wednesday, 20. April 2011

European logistics market recovery underway with 20% average increase in take-up during 2010 in core markets

European GDP growth coupled with consumer and industrial production has created a platform for a steady but sustainable recovery in the European logistics market according to a new report ‘Property Times - European Logistics’... more...
Wednesday, 20. April 2011
Kurt Ritter, President & CEO von Rezidor  - Photo: Kurt Ritter, President & CEO von Rezidor

Kurt Ritter continues as Rezidors President & CEO until 2015

The Board of Directors of The Rezidor Hotel Group has decided to extend Kurt Ritter’s employment agreement past its current expiration date of February 2012 for a period of three... more...
Monday, 18. April 2011

Central and Eastern European property returns rebound in 2010

Central and Eastern European commercial property market performance returned to positive territory in 2010, delivering a 3.1% euro-denominated total return, according to the IPD CEE Annual Property Index. This was a strong improvement on... more...
Monday, 18. April 2011

UK is number one target for global retailers

The United Kingdom (UK) is the world’s most international retail market for the fourth year running, while London holds onto its position as the most popular retail city in the world, according to the 2011 edition of How Global is the... more...
Thursday, 14. April 2011

The office market in CEE shows growing activity

The real estate investment market is on the rise in the CEE region. Hungary follows the positive regional trend with a small lag. In Budapest new office developments remain at a low level for the time being, however, tenant demand is on... more...
Wednesday, 13. April 2011

Global commercial real estate investment volumes surge to just under USD 90 billion in Q1 2011

Preliminary figures released today by Jones Lang LaSalle’s Capital Markets Research reveals that global direct commercial real estate investment volumes totalled just under US$90 billion in the first quarter of 2011. This figure is... more...
Tuesday, 12. April 2011

2011 ICSC Solal Marketing Awards announced

The 2011 International Council of Shopping Centers (ICSC) European Solal Marketing Awards winners have been announced. The awards celebrate the best of retail marketing, rewarding the most effective campaigns. An incredible 177 entries... more...
Friday, 8. April 2011

Wolfgang M. Neumann appointed as Rezidor’s new Executive Vice President & Chief Operating Officer

Wolfgang M. Neumann (49) is Rezidor’s new Executive Vice President & Chief Operating Officer, effective May 9, 2011. He succeeds Jacques Dubois who leaves the company for personal reasons. more...
Friday, 8. April 2011

Official European Central Bank refi rate increase to 1.25%

As widely expected, the European Central Bank (ECB) raised the main refinancing (refi) rate by 25 bps to 1.25 percent. They also lifted other key rates by 25 bps, leaving the interest rate "corridor" unchanged. This is the first change... more...
Friday, 8. April 2011

Infiniti appoints EC Harris as lead consultant for delivery of 2014 network plan

EC Harris has won a three-year contract with Infiniti Europe, the luxury automotive brand from Japan, to be the lead consultant on its 2011-2014 network development plan. The plan will initially see Infiniti expand its footprint to an... more...
Tuesday, 5. April 2011