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Legal & General Property buys Dolphin Center in Poole for £57.7 million from Wereldhave (UK)

Legal & General Property has exchanged contracts to purchase the Dolphin Center in Poole, Dorset, from Wereldhave for £57.7 million (approx. €67 million), which reflects a net initial yield of 7 ...

CBRE is appointed consultant for the sale of Elektrosila shopping complex in Saint-Petersburg (RU)

CBRE's Capital Markets team is appointed consultant for the sale of successfully operating Elektrosila shopping complex in Saint-Petersburg. The complex consists of hypermarket ÎKEY, shopping galleri ...

The Norwegian Government Pension Fund Global makes first property investment in the US (NO/US)

The Norwegian Government Pension Fund Global bought 49.9% of five office properties in the US, its first investment in the world's largest real estate market, through a joint venture with TIAA-CREF. T ...

IVG acquires €500 mln prime portfolio from Freo (DE)

IVG has acquired three office and retail properties in Frankfurt/Main and Berlin and contributed them to a Luxembourg‑based fund as part of a portfolio transaction. The equity required for t ...

Turkey Real Estate 2014 - 2015

CBRE: Hong Kong most expensive global retail market - London, Paris and Moscow in the top-10

Hong Kong is the world's most expensive global retail market as wealthy Chinese tourists, luxury retailer expansion and a shortage of prime space drive rents to record highs, according to new research ...

Places for People buys Terrace Hill portfolio for £70 million (UK)

Places for People has acquired a portfolio of 925 private rented homes for £70 million (approx. €81.8 million) from Terrace Hill, a property development group. The properties are mainly in the South ...

Systemax opens new shared services center in Corvin promenade, Budapest (HU)

After KPMG, another large company has opted for Futureal. Systemax Inc. is opening a new service center in Budapest at Corvin Promenade. Systemax is a Fortune 1000 company, selling personal computers, ...

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