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CBRE Global Investors acquires IZD Tower in Vienna (AT)
izd tower

CBRE Global Investors has acquired the IZD Tower in Vienna on behalf of Korean separate account clients in the largest deal seen in Austria for two years. The seller was a German fund managed by ...

HB Reavis acquires Budapest development site (HU)
hb reavis budapest

HB Reavis has acquired the BEM Palace in Budapest from Europa Property Fund. Located in the heart of Buda, BEM Palace is the company’s third development site purchased in the Hungarian market ...

Modern East shopping centre opens in Ümraniye (TR)
modern east

  Modern East shopping centre on the Asian side of Istanbul has opened its doors today. It comprises 140 specialty stores on four floors, a large food-court with 1,500 seating capacity, 36 ...

Record-breaking first quarter for European industrial and logistics sector
earth

According to CBRE, the European industrial and logistics market experienced an exceptional first quarter, with new Q1 records being set for both investment levels and occupier take up. Logistics take ...

Strong investor demand prevails despite drop in Q1 volumes
european investment

International real estate advisor Savills has recorded that the total investment volume into European commercial real estate in the first quarter this year is €36.8bn, 30% lower than the same ...

Hines and Universal-Investment secures first UK acquisition for €1.3 billion European high street retail portfolio (UK)
glasgow

Hines and Universal-Investment have acquired a retail asset on Glasgow’s prime shopping street from Hermes Investment Management.   The acquisition was made for an institutional real ...

Czech industrial outlook proving optimistic (CZ)
prague

At the end of Q1 2016, the total modern class-A industrial stock in the Czech Republic (owned by developers and investors) stood at 5.78 million m². In the first three months, new supply reached ...

Central London market performing well (UK)
london

BNP Paribas Real Estate research has found the Central London office market performed “encouragingly well” in the first quarter of the year. Take-up totalled 3.06m, in line with the ...

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