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Green Property sells One Nine Elms to Chinese Dalian Wanda Group (UK)
Green Property, the Irish and UK property investment and development company, has agreed to sell One Nine Elms in an off-market sale to China’s largest premier commercial property and entertainment conglomerate, Dalian Wanda Group. One Nine Elms is a mixed-use development which will comprise 1.13 million ft² (approx. 105,000 m²) of prime residential, office and retail space within two towers of 45 and 60 stories respectively. On completion, the value of the development is expected to be in excess of £700 million (approx. €817 million). …
Verny Capital to invest $300 million in the construction of Talan Towers in Astana, Kazakhstan (KZ)
Verny Capital announced that it will invest $300 million (approx. €224 million) into the construction of Kazakhstan’s first…
Derwent London in talks to sell Grosvenor Place (UK)
Derwent London today announced that it has entered into non-binding heads of terms to sell its 50% interest…
New elevator hoisting technology will allow buildings to rise up to 1 km
KONE, an innovative leader in the elevator and escalator industry, recently announced a new high-rise elevator technology that…
Union Investment acquires two office properties for new institutional real estate fund (DE)
Union Investment has acquired the first two properties in Germany for its UniInstitutional German Real Estate fund. The…
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