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Native Land and Grosvenor complete £50 mln. Alpha Place purchase (UK)

Joint venture partners Native Land and Grosvenor have confirmed the acquisition of a prime residential site at Alpha Place in Chelsea for £50 million (€59 mln.) and also announce a £90 million faci ...

Pullman adds two new hotels in Munich and Eindhoven to its European network (DE/NL)

After opening its eighth German establishment in Munich in January, Pullman inaugurated its first hotel in the Netherlands on February 9. With these two new properties Accor's upscale brand continues ...

EBS REMI and CORESTATE Capital: Distressed Real Estate Debt research cooperation (EUR)

Markets may see an ascending number of distressed real estate debts over the second half of 2012 as a result of increasingly tight capital markets. By 2014, Europe may experience a funding gap of €20 ...

Hines Secures 7 Bryant Park address for new trophy Tower on Avenue of the Americas (US)

Hines, the international real estate firm, has secured approval to use the 7 Bryant Park address for its new, 470,000 ft² (43,530 m²) trophy office tower overlooking Bryant Park. The 28-story buildi ...

Tough economic times create value for money opportunities (UK)

In periods of government austerity measures and high unemployment, traditional consumer discretionary stocks, exposed to the downward pressures on real disposable incomes, do not look like a natural c ...

New appointments at Jones Lang LaSalle (CEE)

Jones Lang LaSalle is pleased to announce the new appointments of Patricia Lannoije and Joanna Gajewska-Sokolowska.Patricia Lannoije has been appointed as the Head of Research and Consultancy in Polan ...

Divan Group planning to expand hotel presence to New York, London and more (TR)

Turkey's Divan Group, a part of Koç Holding, is planning to expand its hotel presence to New York, London, Baku, Budapest and Sarajevo, according to Divan Group Chief Executive Officer Marcos Bekhit. ...

Bond Street letting breaks £1,000 zone-A rent record (UK)

NFU Mutual, represented by Savills, has agreed a new rent on 24 Old Bond Street, London with Salvatore Ferragamo. The Italian luxury brand will pay £1.6 million (€1.88 mln.) per annum for the 7,500 ...

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