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Westdeutsche ImmobilienBank has arranged €119.8 mln. financing for 2 shopping centers (PL/DE)

Westdeutsche ImmobilienBank AG (WestImmo) acting as Agent and Arranger has provided MGPA, Europe Fund III, L.P., with approx. €119.8 million financing facility for two modern shopping centers in Pola ...

CBRE reports improving sentiment among European banks in lending for prime real estate (EUR)

In the latest European Capital Markets report CBRE assesses banks' propensity to lend to the commercial property sector across Europe. The latest indicators reveal the first signs of a positive shift ...

Lease renewals rise as tenant friendly market continues (NL)

According to Savills, lease renewals accounted for 32% of the Dutch office leasing markets in Amsterdam, Rotterdam, Utrecht and The Hague in 2009, compared to 14% in 2008. The international real esta ...

Cities see green and brown at MIPIM (FR)

Remodelling brownfield sites and integrating sustainability into urban development strategies, will be two of the key issues discussed by city administrators and real estate executives during MIPIM 20 ...

€200 million Rathaus-Galerie in Leverkusen opens today (DE)

A glass rotunda visible from great distances is the architectural flagship of the new Rathaus-Galerie in Leverkusen, Germany, which opens today, February 24, 2010 after a construction period of two ye ...

Property markets in world's leading cities suffer fall in demand as office rents drop

The world's leading centers have suffered an unprecedented fall in demand for office space which has contributed to the first aggregated global fall in prime office rents since 2003. Global real estat ...

IBM and Johnson Controls join forces to make buildings smarter

IBM and Johnson Controls announced a new relationship to create a new era of smarter buildings. Together, the companies will team to provide a Smart Building Solution that can improve operations and r ...

Kempinski Hotel River Park in Bratislava opens in spring 2010 (SK)

The Kempinski Hotel River Park, beautifully located on the banks of the Danube river in Bratislava, will soon be opened. The luxury 5-star hotel is part of the Riverside development, a major inner-cit ...

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