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Echo acquires hotels in Kraków and Szczecin (PL)

On July 15, 2011 Echo Investment took over the buildings of the former Cracovia hotel in Kraków and the former Neptun hotel in Szczecin. The former Cracov ...

DTZ Echinox: New supply 10 times lower in H1 2011 puts pressure on prime office rents in Bucharest (RO)

The first half of the year 2011 brought a 90% drop in the new office supply for Bucharest, according to DTZ Echinox analysis.The office space delivered in the first six months of the current year tota ...

Pembroke Real Estate acquires prime Munich asset (DE)

Pembroke Real Estate has announced the acquisition of Altstadt Palais, an office building with 9,584 m² of net rentable office area, located in Munich's prime business district on Karl-Scharnagl-Ring ...

Pramerica and Groupe Hoche form €150-million JV to invest in developments in France (FR)

Pramerica Real Estate Investors has created a €150 million joint venture with Groupe Hoche, the Paris-based developer, to invest in residential and office developments in Paris. Pramerica is the Euro ...

Plaza's US joint venture announces conclusion of offer for EDT (US)

Further to the announcements on March 10, 2011 and May 12, 2011, Plaza Centers N.V., announces that the off-market takeover bid by its joint US subsidiary, EPN Holdings II LLC (EPN Holdings, together ...

Tristan Capital Fund buys retail/residential complex in Germany (DE)

Curzon Capital Partners III (CCP III), a core-plus fund advised by real estate investment manager Tristan Capital Partners, has acquired a retail and residential complex together with local joint vent ...

JLL: Rapid recovery in investment volumes in EMEA hotel market

Hotel investment volumes in EMEA during the first six months of 2011 have reached €3.37 billion, a significant 73% increase on the same period last year (€1.94 billion), according to Jones Lang LaSa ...

HOCHTIEF sells 208 rental apartments in Hanover for over €60 million (DE)

HOCHTIEF Solutions formart has sold 208 rental apartments for more than €60 million. The future Mosaik Eilenriede residential development on Mars-la-Tour- ...

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