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Property industry nears escape from accounting upheaval - EPRA (EU)

Proposed changes to accountancy rules that would have seen property values and rental income figures removed from the balance sheets of property companies are close to being thrown out by the Internat ...

End of works of €400 million Tower of the Lombardy Regional Council celebrated (IT)

The 161-meter high skyscraper (39 floors and 4 underground floors) designed by the American architects Pei Cobb Freed and Partners, in cooperation with the Milanese Architect Paolo Caputo, is Italy's ...

The WGF AG mortgage bond is premium reserve compatible (DE)

Found suitable for insurance companies and pension funds by one of the four largest globally active accounting firms. First addressees use the WGF 6.35% mortgage bond to maximize the yield of their pr ...

European retailers discuss recovery and sustainability (BE)

The European Retail Round Table (ERRT) held its annual policy debate in Brussels. This year's event concentrated on the topic of "Retail and the Recovery" but included a focus on sustainability issues ...

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 ...

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