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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 environmentally sustainable building complex, meeting LEED standards. ...

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 in 1-5 Grosvenor Place SW1 to Peninsula Hotels for £132.5 million (approx. €154.5 million ...

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 is set to break industry limits and enable future elevator travel heights ...

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 office properties, which are located in Darmstadt and Frankfurt am Main, reflect ...

IKEA leases 72,000 m² in new Logopark North warehouse project (RU)

IKEA, the leading global retail chain selling furniture and home furnishings, signed a long-term lease agreement of 71,800 m² in the grade-A warehouse Logopark North. Jones Lang LaSalle exclusively m ...

Prologis Park Prague-Uzice signs new 13,100 m² lease with Euro Pool System CZ (CZ)

Prologis, Inc. today announced that it has signed a new leasing agreement with Euro Pool System CZ, for 13,100 m² at Prologis Park Prague-Uzice in the Czech Republic. Euro Pool System, a leading l ...

AstraZeneca selects new £330 million global R&D center and corporate headquarters in Cambridge (UK)

AstraZeneca today announced that its new UK-based global research and development center and corporate headquarters will be located at the Cambridge Biomedical Campus on the southern outskirts of the ...

pbb and Helaba provide € 163 million credit facility to finance the acquisition of the Pacific Tower in La Defense (FR)

pbb Deutsche Pfandbriefbank and Helaba have jointly provided a € 163 million senior loan to Tishman Speyer. The credit facility will be used to finance the acquisition of the Pacific Tower in La Dé ...

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