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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 ...

CEE investment turnover rises significantly in H2 2009, investors focus on core locations (CEE)

Investment in institutional property in Central and Eastern Europe (CEE) rose significantly in the second half (H2) of 2009, bringing total 2009 turnover to €2.5 billion, according to CB Richard Elli ...

ProLogis closes on €622 million of financings for European Property Funds (EU)

ProLogis, a leading global provider of distribution facilities, announced today that over the past four weeks it has completed four financings for its European property funds, totaling €622 million. ...

Shopping Centers rewarded for setting good example (EU)

The International Council of Shopping Centers (ICSC) is calling for entries for the 2010 European Community Support Award, worth $5,000. Established in 2008 by The ICSC Foundation, the charitable arm ...

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