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City Living Developments to bring new hotel to Norwich (UK)

Hilton Garden Inn, one of the fastest-growing global brands in the Hilton family of hotels, is set for Norwich.City Living Developments has signed head of terms with the hotelier to operate a 125-bedr ...

CEE commercial property investment activity in April beats Q1 2009 monthly average (CEE)

Property investment turnover in Central & Eastern Europe (CEE) totaled approximately €100 million in April through a total of five transactions, according to CB Richard Ellis' CEE Property Invest ...

Knight Frank expands into Romania (UK/RO)

Knight Frank has expanded its European network into Romania and formed an association with Bucharest-based commercial property agency Prime Property Advisers.Prime Property Advisers has been establish ...

Banimmo signs two new credit facilities (BE)

Banimmo has signed two new credit facilities for a total amount of €64.9 million. Those credits will complete the existing syndicated loan of €210 million.Those two new facilities are dedicated to t ...

DEGI INTERNATIONAL sells office tower in Seoul (DE/KR)

In late May 2009, DEGI, a member company of Aberdeen Property Investors, sold the Hyundai Swiss Tower in Seoul – an office property held in its DEGI INTERNATIONAL open-ended property fund – to a Sou ...

High street falls out of favor with investors (UK)

New evidence is emerging that struggling high-street shops are proving unpopular with property investors. This is according to the Q1 2009 Investment Bulletin released by CoStar, the UK's leading prov ...

Union Investment expands property portfolio in Switzerland (DE/CH)

Union Investment Real Estate AG continues to invest actively in the European core markets. The Hamburg-based investment management company has acquired the 26,900-m² West-Park office building in Zuri ...

ProLogis European Properties agrees Polish lease extension and expansion with Delta Plus Group (LU/PL)

ProLogis European Properties, Europe's largest owner of modern warehouse distribution facilities, has announced that it has extended a 4,500-m² lease in Sosnowiec with Delta Plus Group for an ...

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