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Groundbreaking ceremony for new office center in Lithuania (LT)

The Baltic Republic of Lithuania continues to defy the adverse economic conditions in the rest of the region with the construction of a new major office center in Kaunas. The groundbreaking on January ...

IMMOFINANZ Group signs long-term lease with Leonardo Hotels in Vienna (AT)

IMMOFINANZ Group has signed a lease agreement with the internationally renowned hotel chain Leonardo Hotels for its hotel on Matrosengasse in Vienna's 6th municipal district. Renovations are to start ...

Cushman & Wakefield: Central London commercial property market robust despite economic uncertainty (UK)

The Central London commercial property investment market remained robust in 2011, despite widespread economic uncertainty, according to Cushman & Wakefield. Total investment volumes totaled £10.9 ...

Cityhold appoints Lisa Flodin as CFO (SE)

The First and Second Swedish National Pension Funds' joint venture for European property investment, Cityhold Property AB, completes its senior personnel team and strengthens its organization by recru ...

AXA Real Estate raises €588.5 million for European Development fund

AXA Real Estate Investment Managers announces the final close of its pan-European development fund, Development Venture III, having raised €588.5 million of total equity. The Fund has so far invested ...

Union Investment acquires new heart of Düsseldorf's Airport City from STRABAG Real Estate (DE)

Union Investment has expanded its high-quality property portfolio in Düsseldorf with the acquisition of the new Airport Gardens building. The multi-tenant office building, developed by STRABAG Real E ...

MIPIM launches 'Building Innovation' (FR)

The 23rd edition of MIPIM is launching 'Building Innovation,' a new program that puts buildings center stage by highlighting innovative initiatives that enhance the value of a real estate portfolio."T ...

TAG Immobilien AG sells residential property in Hamburg (DE)

TAG Immobilien AG has sold a property in Hamburg containing roughly 5,400 m² of residential space in 130 units.TAG and the buyer have agreed to keep the purchase price confidential; however, it is 30 ...

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