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JLL: London, Paris, Moscow most expensive luxury shopping streets in Europe (EU)

The global market for luxury goods has emerged from the financial crisis significantly faster than expected, according to a study of Europe's most important luxury shopping destinations by Jones Lang ...

Savills: Munich leads German office take up H1 11 (DE)

, Savills predicts that take-up levels will continue to be positive with a total 2.5 million m² likely to be exceeded. Source: Savills

Futureal to develop KPMG's new Budapest headquarters (HU)

KPMG in Hungary has chosen Futureal to develop its new built-to-suit Budapest headquarters. KPMG will occupy half of a new 20,000-m² office building to be located on the most visible corner of the V ...

Demján Group develops new cultural center in the Russian metropolis (RU)

After completing the Palace of Arts in Budapest, Demján Group has started on the development of the multifunctional cultural center in St. Petersburg. The complex of more than 80,000 m² includes a 1 ...

Savills: Retail dominates German investment market in H1 2011 (DE)

Savills latest German investment report states that commercial real estate worth approximately €11.03 billion was transacted throughout the first half of 2011 in Germany. Retail dominated with seven ...

LaSalle Investment Management agrees two major lease extensions in Madrid market (ES)

LaSalle Investment Management has agreed two major lease extensions with hypermarket operator, Alcampo in Madrid, Spain. Acting on behalf of two continental European funds: Encore+ and LaSalle Euro Gr ...

CBRE: Retailer expansion held back in Europe by lack of new shopping center development (EU)

A shortage of new shopping centers being built in Europe restricted the expansion plans of retailers in 2010, but an increase in the amount of space available in emerging markets next year is expected ...

Ærium acquires prime Aberdeen office asset for £50.1 million (UK)

Ærium, the European real estate fund manager, is pleased to announce that it has acquired iQ, a newly developed prime office building on Justice Mill Lane in the center of Aberdeen for £50.1 million ...

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