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Genesta opens Luxembourg office - recruits new fund controller (LU)

Genesta Property Nordic has recruited Per Jeraeus as fund controller and head of Genesta's new office in Luxembourg. "Establishing a new office in Luxembourg is in line with Genesta's strategy to have ...

INREV: Core move as investors return to real estate investment basics (EUR)

Institutional Investors are signalling a return to the fundamentals of real estate investment by opting for core funds, according to the latest INREV study. The results of the INREV Investment Intenti ...

DTZ Echinox triples the size of their property management portfolio (RO)

DTZ has been appointed by Argo Real Estate to handle the property management of Shopping City Suceava and Shopping City Sibiu. By winning these two major retail schemes, DTZ triples the size of their ...

Strong final quarter confirms European property market recovery (EU)

CB Richard Ellis Group, Inc. announced today that European commercial real estate investment turnover grew to €25.7 billion in the fourth quarter (Q4) of 2009, up 42% on the previous quarter. This is ...

MIPIM 2010 broadens its horizons (FR)

MIPIM, the World's Property Market, together with MIPIM Horizons, dedicated to fast-growing regions, will share the billing in Cannes from March 16-19. MIPIM featuring MIPIM Horizons will highlight su ...

Invesco Real Estate invests €37 million in office building on the Champs-Elysées, Paris (FR)

Following two previous transactions in Paris and Lyon at the end of December 2009, Invesco Real Estate has acquired another office building in France for a pan-European fund. The property investment m ...

ING Real Estate Development sells 50% share in Budapests Allee Shopping Center (DE/HU)

Allianz Real Estate Germany GmbH and ING Real Estate Development have reached agreement on the sale of a 50% share in the Allee Shopping Center in Budapest to Allianz for approximately €100 million. ...

German residential portfolio transactions in excess of €3 billion in 2009 (DE)

Savills reports that the German market for residential portfolios picked up in 2009, in particular the second half of the year saw residential portfolios actively transacted compared to H2 2008. 107 r ...

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