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FDL raises €568 million of new debt at a rate of 3.6% for a period of 7.5 years (FR/DE)

Foncière Développement Logements (FDL) has completed financing with two German banks for the amount of €568 million, allowing it to repay the full balance of its securitized debt in Germany.Backed ...

Multi's four newest projects earn four top BREEAM sustainability awards (DE/CZ/TR)

Multi Development Germany was awarded BREEAM certificates with the highest mark of 'Excellent' for the Arneken Galerie in Hildesheim and 'Excellent' for Boulevard Berlin at Schlossstrasse in Berlin.Mu ...

Mayoral Development Corporation to move to Westfield's Stratford Place (UK)

The London Legacy Development Corporation will move into Westfield's One Stratford Place office development from May 2012.The location next to the Olympic Park will help the Development Corporation to ...

Valad lets 7,000 m² in Vallensbæk, near Copenhagen (DK)

Valad, the European multi-let real estate investment manager, has let 6,945 m² of warehouse and office space at Jydekrogen 4, Vallensbæk, Denmark to leading food and household goods retailer, Irmato ...

CBRE begins search for North West Evergreen Fund's first projects (UK)

The North West Evergreen Fund has started looking for real estate investment opportunities across Greater Manchester, Cumbria, Cheshire and Lancashire.The fund, which has an initial pool of £30 milli ...

Steigenberger Hotels undergoing extensive renovation works (DE)

Comprehensive renovation works will be carried out to a series of Steigenberger Hotels over the next 18 months. The ongoing modernization programs at Steigenberger Hotels in Düsseldorf, Frankfurt and ...

CBRE: Retail strongest performing real estate sector in Europe in 2011(EU)

Retail property was the best performing commercial real estate sector in Europe in 2011, according to CBRE's European Valuation Monitor (EVM), which is based on regular valuations of standing investme ...

Construction to begin on new 140-bed Brighton hotel (UK)

Leading design-and-build contractor McAleer & Rushe will this week start work on a new 140-bedroom IBIS hotel at 88-92 Queen's Road in central Brighton.The new nine-story hotel, will employ close ...

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