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ProLogis European Properties receives €440.9 mln. of funding from new secured financings (EUR)

ProLogis European Properties (Euronext: PEPR), one of Europe's largest owners of modern distribution facilities, announced today that it has finalized three new four-year secured financings and receiv ...

The first Baglioni Hotel and Resort in Africa to be built in Marrakech (MA)

LUCHFORD APM has been appointed by leading international property development company Ajensa, to act as the global lead communications agency for The Baglioni Marrakech, a luxury boutique resort opera ...

Arab Investments buys Quartier Am Auswartigen Amt in Berlin for German Fund (DE)

Arab Investment Ltd has purchased the "Quartier am Auswärtigen Amt" in Berlin-Mitte from developer Strabag Real Estate GmbH for approximately €57 million for its second German fund. The newly constr ...

Hotel Investment Market EMEA: Transaction volume to increase in 2010

According to Jones Lang LaSalle Hotels the hotel investment volume in Europe, Middle East and Africa (EMEA) fell to €2.9 billion in 2009, reflecting the lowest volume of transactions since the late 1 ...

Balkimo weclomes new partner and opens new office at the Rogner Hotel in Tirana (AL)

Balkimo has today welcomed Ian Hurrell as a new partner of the firm. Ian has previously been involved in two real estate start up companies and partnered a further real estate business in London. Two ...

Multi Development granted €98.475 million loan for building Nová Karolina Shopping Center (CZ)

A syndicate of banks comprised of Ceska Sporitelna, ÈSOB, HYPO Investmentbank, and KBC Bank provided a syndicated loan of €98.475 million (approx. CZK. 2.58 billion) for the construction of the Novà ...

ING Real Estate Investment Management takes over cancelled logistics development in Germany (DE)

ING Real Estate Investment Management has taken over the development of a 170,000 – 180,000 m² volume logistics park in Neu Isenburg, near Frankfurt, Germany, after the contract of the previous deve ...

Government must send a clear signal on energy efficiency to property sector (UK)

The UK Green Building Council today (Friday) urged government to phase out the least energy efficient buildings by 2020 and to roll out Display Energy Certificates (DECs), which give an A-G rating on ...

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