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Pullman Paris Rive Gauche sold for €77 million

Accor has announced the sale of the Pullman Paris Rive Gauche (617 rooms) to Bouygues Immobilier for €77 million, in line with its asset-right strategy.The hotel, whose operating performance and tech ...

Land Securities sells Eland House (UK)

Land Securities has sold Eland House, SW1, from its London Portfolio for £171.1 million (approx. €204.5 million) to Tishman Speyer. The building sits on Bressenden Place and is located just outside ...

Savills: German office market hits three year take-up high (DE)

The five major German office markets of Berlin, Düsseldorf, Frankfurt, Hamburg and Munich ended 2011 on a three-year high in terms of take-up according to international real estate advisor Savills.Th ...

SNS Bank appoints Chairman of the Board (NL)

Ernst-Jan Boers (45) has been appointed Chairman of the Board of SNS Bank. He has assumed the role of Acting Chairman since January 1, 2011.Boers has been CFO of SNS Bank since 2009. Before that, he w ...

Cushman & Wakefield Belgium wins the Letting Agent of the Year/Offices Brussels award (BE)

The leading professional real estate newsletter Expertise News has named Cushman & Wakefield as Letting Agent of the Year/Offices Brussels. This prestigious award is given to the office agency t ...

Real I.S. acquires Schörghuber headquarters in Munich (DE)

Just before the end of last year, Real I.S. acquired the corporate headquarters of Schörghuber in Munich. The property is located in Arabellapark, an estate largely developed by the Schörghuber grou ...

Redevco to start constructing ALEA 101 in Berlin (DE)

Redevco Services Deutschland GmbH, Düsseldorf, has let some 7,300 m² of the total 10,500 m² retail and leisure space in its ALEA 101 development on Berlin's Alexanderplatz. ...

IPD: Unlisted UK property sector outperforms equities in 2011 (UK)

Unlisted property funds outperformed equities and property REITs in 2011, but fell short of the returns delivered from direct commercial property over the year, according to the AREF/IPD UK Pooled Pro ...

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