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BUWOG acquires portfolio of 1,190 apartments in Kassel (DE)

BUWOG, a 100% subsidiary of IMMOFINANZ Group has completed another acquisition in Germany. The company acquired a portfolio with a total lettable area of 88,483 m² in Kassel. The 1,190 apartments are ...

SEB: US holds the key to economic recovery

The obstacles to a global acceleration in Gross Domestic Product (GDP) will become fewer in the next couple of years. Fading fiscal headwinds will combine with continued strong monetary policy tailwin ...

GSW is reviewing Deutsche Wohnen's intended offer (DE)

Deutsche Wohnen AG announced its intention to launch a public takeover offer for GSW Immobilien AG. A prerequisite for the offer is that the shareholders of Deutsche Wohnen approve the necessary capit ...

PIK Group to build a multifunctional complex in the west of Moscow (RU)

PIK Group, one of Russia’s leading residential real estate developers, announces the acquisition of 100% of the shares of CJSC ‘Business park-Fili’. PIK will build a multifunctional ‘busine ...

Commerz Real sells SKY Deutschland's headquarters in Unterföhring for €50 million (DE)

Commerz Real AG has sold the heritable building rights for the group headquarters of SKY Deutschland AG in Unterföhring near Munich to a property company belonging to the Swiss real estate investor G ...

Prime Pitch acquires Karavelle Quartier Rostock from Delta Development Group (DE)

Prime Pitch Asset Management has completed the purchase of a mixed-use real estate complex in the center of the German city of Rostock. The property was completed in 2011 and has a size of approximate ...

CBRE: Hong Kong still most expensive city for retailers, followed by New York, Paris, London and Sydney

Hong Kong is by far the world’s most expensive city for global retailers, but prime rents in New York, London, Tokyo and Zurich are on the rise, according to new research from global property adviso ...

Jost Group acquires the Preiss-Daimler factory in the Liege region (BE)

Jones Lang Lasalle announced the sale of the Preiss-Daimler factory in the Liege province to the Jost Group, a major European logistics and transport company. In 2011, Preiss-Daimler, a German comp ...

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