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Accor sells Novotel NY under a €160 mln. sale & management-back agreement (FR/US)

As part of its asset management strategy, Accor announces the sale of the Novotel Times Square in New York under a sale and management-back agreement, for a total value of €160 million (€335,000 per ...

EU green infrastructure plan due this autumn (EU)

This autumn, the European Commission intends to publish a green infrastructure plan as part of its biodiversity strategy. The commission defines green infrastructure as a network of green spaces that ...

Blackstone completes €37 million acquisition of Galeria Tęcza in Kalisz from Rank Progress (PL)

On 8 February 2012, Blackstone's real estate funds completed the acquisition of the Galeria Têcza shopping mall in Kalisz from Rank Progress S.A. The value of the transaction was €37 million. Galer ...

Timbercreek takes over Real Estate Securities Business of 4IP Management (CH)

Timbercreek Asset Management, Toronto Canada has taken over the Real Estate Securities Business of 4IP Management, Zurich Switzerland. With the representation of the Swiss office, Timbercreek is enter ...

London Festival of Architecture returns from 23 June - 8 July 2012 (UK)

The UK's largest celebration of buildings and the city, the London Festival of Architecture (LFA), will return from 23 June – 8 July 2012. The event, held since 2004, will reinforce London's reputati ...

2011 a record year for investment volume into Russian commercial real estate (RU)

2011 was the record year in terms of investment volume into Russian commercial real estate according to the latest research by CBRE. Russian investment market grew over 200% above the level reached in ...

Heijmans to build R4 Ring Road South near Gent (BE)

Heijmans under contract to the Flemish government will be constructing and maintaining the last segment of the Gent Ring Road. Heijmans forms part of a consortium for this purpose that also comprises ...

Wereldhave to sell €800 million of US property investments (NL/US)

Wereldhave N.V. will fully concentrate on shopping centers in Western Europe (the Netherlands, Belgium, Finland and the United Kingdom) and offices in Paris and Madrid. This strategic choice implies t ...

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