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ECE Marketplaces is expanding its management portfolio in Turkey by another shopping center and is taking over the management of „Agaoglu Cekmeköy Park“ in Istanbul with its national company ECE Türkiye. The company will thus manage a total of twelve shopping centers in Turkey with a total rental space of around 600,000 m². M...
In the Q2 2023 Europe Hotel Construction Pipeline Trend Report from Lodging Econometrics (LE), analysts report the region currently has 1,715 projects/256,578 rooms in its construction pipeline at the close of the quarter.
Klépierre today announced the appointments of Marie Caniac as Group Chief Operating Officer and Cyrille Deslandes as Managing Director for the Netherlands, Germany and Turkey.
Ascend Properties has cemented its position as the UK’s leading manager of single-family build-to-rent (BTR) assets with its appointment by Start Living to manage its national portfolio of over 700 homes.
PineBridge Benson Elliot and their JV Partner, Evo Industrial, have acquired two further sites, under their strategy, with Evo Industrial to deliver last mile logistics in and around London and key regional markets in the UK. The two sites are a 4-acre site in Woodford, East London and a 2.2-acre site in Enfield, North London.
ECE Marketplaces expands its centre management portfolio and takes over the management of two further shopping centres in the Turkish metropolis Istanbul: the “Palladium Atasehir“ and the “V Metroway“. The local subsidiary ECE Türkiye will be responsible for the long-term management, leasing and concept planning for both cent...
Hyatt Hotels Corporation today announced the opening of Hyatt Regency Izmir IstinyePark, located in Balçova, a charming district of Izmir and one of the oldest cities in the Mediterranean.
Multi Corporation announces the appointments of Ertuğrul Acar as Managing Director and of Oğuz
Ceceli as Financial Director of Multi in Turkey, both with immediate effect.
Radisson Hotel Group is accelerating its development pipeline targets in Turkey to reach 50 hotels by 2023 instead of 2025. In 2022, the Group plans to grow its presence in the country with 10 additional hotels and to introduce two new brands, Radisson Individuals and Radisson RED, to the Turkish market. The Group is also all...
Savills has formed a co-operation partnership with REinnov8 in Turkey, in order to support its continued expansion across Europe, the Middle East and Asia. The two companies have already been instructed on a large sales mandate for an international retailer in Turkey.
Radisson Blu to announce the opening of the Radisson Blu Hotel, Sakarya, in northwestern Turkey. Sakarya is one of the largest industrial hubs, dynamic and fast-growing cities in Turkey. Located in the Marmara region, close to the Black Sea. The newly-built hotel features 139 guest rooms and also 800 sqm of meetings and event...
Multi Corporation appointed Antoine Mocachen as Managing Director for Central and Eastern Europe, effective 17 June 2019. He will be responsible for Multi’s activities in Hungary, Poland, Slovakia and Ukraine. Antoine Mocachen succeeds Luca Maganuco, who has filled this position on an interim basis for the past year, in addit...
The overall European logistics yield dropped 14 bps to 5.95% in Q2 2018, the first time it has fallen below 6% since Cushman & Wakefield began consistently tracking the three main property sectors in 1992, according to the firm’s DNA of Real Estate report. All logistics markets monitored in Germany, Italy and Sweden recorded ...
Hyatt Hotels plans to open the first Grand Hyatt hotel in Athens, Dublin and Istanbul. The opening of the Grand Hyatt Athens is expected in Q3 2018, while the Hyatt Centric Liberties Gate Dublin is set to open in May 2019. The Nish Palas Istanbul hotel already opened in Nişantaşı, one of Istanbul’s oldest districts.
Park Inn by Radisson opened a Park Inn by Radisson in Istanbul Odayeri. The latest opening for Radisson Hotel Group takes its portfolio in Turkey to 20 hotels and more than 3,500 rooms in operation. Park Inn by Radisson Istanbul Odayeri will be managed by Radisson Hospitality AB.
Discounts in listing prices left their mark in the Istanbul office market, with an approximate 8% decline in average rent rate in the Class A office buildings in the Central Business District (CBD). According to Propin, the first quarter of 2018 was a period when hard bargains between landlords and potential tenants were obse...
IGA, the constructer and operator of Istanbul New Airport (INA) for 25 years, and Yotel have signed an exclusive hotel management contract. The hotel, which will be one of the biggest airport hotels in the world, with both airside and landside access, will feature 451 rooms. Located conveniently inside the main terminal build...
On behalf of regional investors, Apleona is taking on property and centre management and letting of the retail space in three Turkish shopping and outlet centres. The centres are Akyaka Park Shopping Centre and Olivium Outlet Centre, both located in Istanbul, and MarkAntalya Shopping Centre in Antalya in the southwest of the ...