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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 ...

Retailers support options for greener distribution (EUR)

In an effort to reduce the environmental impact of retail distribution systems, a group of European retailers has urged policymakers to promote interoperability between different modes of transport, p ...

IPD: Record monthly capital growth lifts returns positive (UK)

The final month of last year delivered the largest monthly capital growth in IPD's 23-year history, at 3.0%, according to December's IPD UK Monthly Index. The figure beats the 2.9% delivered exactly 1 ...

HKHotels leverages social media and achieves a top five ranking (US)

When you are a small, independently owned hotel company with just four properties and no advertising budget, how do you best reach your customer? If you are Henry Kallan, owner of privately held HKHot ...

85% of Tishman Speyer's OpernTurm let (DE)

The international law firm K&L Gates LLP as well as the private equity firm 3i Germany will move into Tishman Speyer's OpernTurm in Frankfurt. Thereby approximately 85% of 66,000 m² overall leasa ...

Tall meets small at Multi Megamall (TR)

Today, the world's tallest man, 8 ft 1 in (246.5 cm) Sultan Kösen, will welcome the shortest man in the world, 2 ft 5.37 in (74.61 cm) He Pingping, to his native Turkey to celebrate the January 15 o ...

RED secures financing for the first Cadran commercial center in Romania (RO)

Immorent has funded RED's first Cadran commercial center that is to be developed in Husi, North East Romania. The €8 million financing is being provided by Immorent Romania, part of Erste Group A.G. ...

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