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Legendary entrepreneur Werner 12123324 dies at the age of 102 (DE)

The businessman and entrepreneur from Hamburg Prof. Dr. h.c. Werner Otto, founder of the mail-order company OTTO and the shopping center development company ECE, died on Wednesday, December 21, 2011, ...

CBRE Global Investors acquires logistics property at Copenhagen airport (DK)
copenhagen airport logistics

CBRE Global Investors has acquired a recently opened logistics property at Copenhagen Airport, Denmark for a purchase price of €16 mln, reflecting a net initial yield of 6.4%. The asset was ...

Broadway Malyan-designed airport scheme completes in Lisbon (PT)

The final phase of a five-year ‘airside’ repositioning of Lisbon International Airport has officially been completed and opened to passengers, with the retail planning and interior design led by g ...

The Clarion Hotel Dublin Airport sold to the DDA (IE)

Receiver Kieran Wallace of KPMG, appointed on behalf of the National Asset Management Agency (NAMA) and advised by Savills, has sold the Clarion Hotel Dublin Airport. The Dublin Airport Authority (DAA ...

Gazeley to develop a 18,000 m² logistics warehouse near Charles de Gaulle Airport, Paris (FR)

Site is situated 33 kilometers from central Paris and serves as a dedicated logistics hub supplying the northern part of the Paris conurbation. Gazeley, a leading global investor and developer of l ...

publity AG acquires office landmark ‘abc-Tower’ in Koln (DE)

publity AG announces the acquisition of the 65 meter high abc-Tower located in the Airport Business Park Cologne-Porz. This modern office building is located in close proximity to the Cologne/Bonn Air ...

IHG signs two hotels at Aberdeen International Airport (UK)

InterContinental Hotels Group, one of the world’s leading hotel companies, announced the signing of two hotels at Aberdeen International Airport: Crowne Plaza Aberdeen Airport and Holiday Inn Expres ...

Tajmax selects Goodman Kraków Airport Logistics Centre for its new warehouse in Lesser Poland (PL)
Krakow airport logistics centre thumb

Goodman Group (“Goodman” or “Group”), a leading global owner, developer and manager of industrial property, has leased 6,000 m² of warehouse space at Kraków ...

Global Infrastructure Partners sells its 75% London City Airport share (UK)
london city airport

Global Infrastructure Partners (GIP) has announced that its Fund, Global Infrastructure Partners I, has agreed to sell its 75% interest in London City Airport to a consortium comprised of AIMCo, ...

SEB Asset Management sells three properties in Berlin for €300 mln (DE)

SEB Asset Management has sold three properties in Berlin for a total of about €300 million for its open-ended real estate fund, SEB ImmoInvest. The transfer of ownership took place on payment of the ...

Bayraktar calls for development outside İstanbul (TR)

Environment and Urban Planning Minister Erdoðan Bayraktar has called on construction companies to invest in projects outside of Istanbul, stating that profits in the country's largest real estate mar ...

Pricoa Mortgage Capital closes first commercial real estate loan in the Netherlands (NL)

Pricoa Mortgage Capital has provided €55.5 million of a total €70.5 million financing package in the Netherlands, its third commercial real estate loan since launching its European business in 201 ...

Planning application submitted for intu Victoria Centre (UK)

Following intu’s announcement last month that it intends to invest over £35 mln (approx. €41.6 mln) at intu Victoria Centre, the first steps have been taken with the submission of a planning appl ...

27 companies bid for Ordu-Giresun airport on the Black Sea

A total of 27 companies have presented their offers in the tender for the upper-structure construction of Ordu-Giresun airport to be built along the Black Sea coast, including the largest Turkish cont ...

BlackRock to acquire real estate investment advisory company MGPA

BlackRock, Inc today announced that it has entered into a definitive agreement to acquire MGPA, an independently-managed private equity real estate investment advisory company in Asia-Pacific and Euro ...

Turkey set to lease four more airports

Turkey’s airports authority will organize tenders to lease four airports, aiming to benefit from investors’ interest in the sector that was prompted by the third Istanbul airport   Turkey is se ...

New airport inaugurated in Adıyaman

A new airport in the southeastern province of Adıyaman, estimated to have cost 66 million TL (approx. €24.7 million) in investments, has been opened in a ceremony attended by Prime Minister Recep T ...

New Diyarbakir Airport to be completed by 2014

According to reports on the Turkish press, Mustafa Durak, State Airports Administration (DHMI) Manager of Diyarbakir Airport, has announced that Diyarbakir's new airport, with a daily capacity of 10, ...

TAV expresses interest in operating two airports in Muğla

Turkish airports operator TAV is interested in operating two airports in the Aegean province of Muğla, which accommodates some of country’s top holiday resorts, the CEO of the company has said. ...

Consortium submits new environmental report for third Istanbul airport

The consortium that won a tender to build a third airport in Istanbul has submitted a new environmental impact report (ÇED) after a court decision ordered that its construction be suspended, the Radi ...

TAV wins tender for Milas-Bodrum Airport

TAV Airports has submitted the highest bid of €717 million+VAT during the tender held regarding the operating rights of the Milas-Bodrum Airport, one of the most significant tourism destinations of ...

Koç Holding makes offer for duty-free shops of Istanbul’s 3rd airport

Turkey’s Koç Holding’s Setur will make an offer to run the duty-free shops at Istanbul’s under construction third airport along with France’s Lagardere Services, it announced in a written sta ...

Malaysia Airports Holdings Berhad agrees to acquire remaining 40% equity interest of Istanbul’s airport

Malaysia Airports Holdings Berhad (“MAHB”) is pleased to announce that it has exercised its right of first refusal to acquire from the Limak Group the remaining 40% interest in ISG and LGM that it ...

Turkish, Russian companies to build Rostov airport for 2018 World Cup

Turkey’s Limak Construction has won a tender to build an airport with a capacity of 8 million passengers in the Russian city of Rostov, one of the host cities of the 2018 World Cup, according to the ...

Michal Marzec, PolishAirports

A convenient, multi-modal location “The location of Chopin Airport City is one of its major assets, as it is close to the existing Chopin Airport terminal, and only around a 20-minute drive from th ...

STRABAG PFS awarded major contract by DFS Deutsche Flugsicherung (DE)
frankfurt

STRABAG Property and Facility Services (STRABAG PFS) has been awarded a major contract by the German air-traffic control body DFS Deutsche Flugsicherung GmbH. The industrial and real estate service ...

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Ærium refinances Luxembourg office asset for €104m
H2O C

Ærium, the European real estate fund manager, has refinanced the debt on the H2O office asset in Luxembourg to the tune of €104m with Nomura, Asia’s Global Investment ...

M&G Real Estate first acquisition in Luxembourg with €71m office
Da vinci office building

M&G Real Estate, one of the world’s largest property investors, has acquired a multi-let office asset in Luxembourg on behalf of its €2.2bn pan-European growth strategy.   It has ...

Novum and Merkur begin construction of Niu hotel in Stuttgart (DE)
Novum and Merkur begin work on €30m Niu hotel in Stuttgart (DE)

NOVUM Hospitality and MERKUR Development Holding GmbH have started construction work on a third "niu" hotel, in the Fasanenhof district of Stuttgart. The property will ...

Arora unveils plans for new Heathrow scheme (GB)
Arora unveils plans for new Heathrow scheme (GB)

The Arora Group has unveiled its plans for new terminal buildings at London Heathrow Airport, as part of its bid to undertake the development of Heathrow’s expansion. Known as ...

Madrid welcomes Spain's first Hampton by Hilton hotel
Madrid welcomes Spain's first Hampton by Hilton hotel

Hilton has signed a franchise agreement with Project HbH Alcobendas SL to open the first Hampton by Hilton hotel in Madrid, Spain. The property will be managed by Panoram Hotel ...

IHG opens Staybridge Suites hotel at Heathrow Airport (GB)
IHG opens Staybridge Suites hotel at Heathrow Airport (GB)

IHG has unveiled the opening of Staybridge Suites® London- Heathrow Bath Road located just minutes away from the international airport. Designed to meet the needs of guests who may ...

New Leonardo Hotel to open in Zurich in 2020 (CH)
New Leonardo Hotel to open in Zurich in 2020 (CH)

February 2020 will mark the entry of another Leonardo Hotel in Zurich – with a prime location directly at the airport. The future hotel will join Alden Suite Hotel Splugenschloss and the ...

Commerz Real sells Leipzig/Halle airport property (DE)
Commerz Real sells Leipzig/Halle airport property (DE)

Flughafen Leipzig/Halle GmbH has purchased a multifunctional building on the airport grounds for c.€5.8m. Thus the company, which has leased the property with a floor space of ...


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