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Invesco Real Estate concludes purchase of fifth hotel in 2010 for €39 mln. (DE)

Invesco Real Estate (IRE), the international cross-border property investment manager, is pleased to announce that it has concluded the acquisition of the Novotel City Center hotel in Munich, Germany ...

IPD: Monthly capital appreciation slows to six-year low (UK)

Capital appreciation in UK commercial property markets has eased to the shallowest monthly growth, at 0.1%, since the rebound began last summer, according to August's IPD UK Monthly Index. ...

JLL: Global cross-border commercial real estate investment recovers

The near doubling of global commercial real estate transactions in the first half of 2010 compared to the same period a year ago was underpinned by a return to pre-crisis levels of cross-border invest ...

Cordea Savills appoints Mikael Wilhelmsson as Asset Manager of its Nordic Retail Fund (SE)

Cordea Savills, the international property fund manager, has appointed Mikael Wilhelmsson as Asset Manager for its Nordic Retail Fund. He will report to Hakan Blixt, Director of Investment, and will b ...

Storm Properties announces new shareholder (RU)

Storm Properties is pleased to announce the company's new strategic partnership – Kirill Pisarev, a shareholder and one of the founders of PIK Group, has purchased the controlling stake of Storm Prop ...

Aberdeen appoints a CIO for Property (UK)

Aberdeen Asset Management is pleased to announce the appointment of Dr Russell Chaplin as Chief Investment Officer, Property. Reporting to Andrew Smith, Aberdeen's Global Head of Property, Russell wil ...

Rockspring secures new US $400 mln. pan-European mandate (EU)

Rockspring Property Investment Managers LLP ("Rockspring") announces that it has secured a new mandate from the National Pension Service of Korea ("NPS"), the world's fifth largest pension fund, to in ...

Skanska to start green office project in Prague (SE/CZ)

Skanska is developing the office property City Green Court with a strong environmental profile in Prague in the Czech Republic. Skanska's investment totals €38 million, approximately SEK 360 million. ...

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