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45% of projects planned in the Gulf currently under construction in UAE (UAE)

45% of projects planned in the Gulf, which have a total value of US $930 billion, are currently under construction in the UAE, according to recently published reports, thereby asserting the country's ...

Grand opening of Ozas Gallery in Vilnius (LT)

The new shopping and entertainment center Ozas Gallery in Vilnius opened on the evening of August 20, 2009. It is one of the largest national retail developments with a total area of 180,000 m², a le ...

Leasinvest Real Estate: Half-year results (BE)

On June 24, 2009, Leasinvest Immo Lux, a 100% subsidiary of Leasinvest Real Estate, sold the entirely renovated and extended the 'Bian' office building. Thanks to this sale, Leasinvest Real Estate has ...

Dubai Holding announces completion of first phase of new organization structure (UAE)

Dubai Holding today announced that the first phase of the company's realignment has been completed with the formation of two verticals, Property and Business Parks.The formation of these two verticals ...

Atrium European Real Estate: First half results show solid progress and improved efficiency (UK)

in many of our areas of operation continues to be uncertain, we remain robust in our positive long term outlook. We will continue to assess opportunities arising from the current market conditions an ...

Finnair sells part of its properties (FI)

The Finnair Group's Finnair Facilities Management Oy has sold to NV Property Fund I Ky, and leased back on long-term lease agreements, four strategic properties located in the area of Helsinki-Vantaa ...

Dubai's Nakheel retreats from Australian investment (UAE)

Nakheel, the Dubai-based property developer, has disposed of its remaining 172 million shareholding in Mirvac Group, the Australian property developer, for A$206.4 million (US $171 million), according ...

DIC Asset AG remains profitable during the first half of 2009 (DE)

DIC Asset AG has presented its interim report for the first half of the 2009 financial year. The company posted respectable results of €6.1 million in what continued to be a difficult market ...

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