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Difficult conditions on the hotel market pull sales down for Warimpex (AT)

The first quarter of 2009 saw lower occupancy rates and lower revenues at Warimpex's hotels. Group sales fell by 19% from €18.2 million to €14.7 million in the first three months of the 2009 financi ...

Cautious optimism at the 2009 ULI Europe Trends Conference (EUR)

Prospects for real estate investment and development in Europe highlighted discussions at a recent Urban Land Institute (ULI) trends conference, which drew more than 200 real estate and finance leader ...

CBRE: Rising vacancy across Europe offers occupiers greater choice and flexibility (EUR)

With the fallout of the global economic downturn now hitting leasing markets across the world, landlords are under increasing pressure and tenants are initiating negotiations on rents and lease terms, ...

MGPA secures further lease agreement for Munich City Tower (DE)

MGPA, the private equity real estate investment advisory company, today announces that it has let 2,500 m² of Munich City Tower Campus Building to Go Yellow Media Group. The majority of Go Yellow Med ...

Mountgrange Investment Management closes UK property fund with

Mountgrange Investment Management LLP ("MIM"), the UK property fund and asset manager, announces that it has closed its first fund, the Mountgrange Real Estate Opportunity Fund ("The Fund"), with a to ...

Mountgrange Investment Management closes UK property fund with £850m acquisition capacity (UK)

Mountgrange Investment Management LLP ("MIM"), the UK property fund and asset manager, announces that it has closed its first fund, the Mountgrange Real Estate Opportunity Fund ("The Fund"), with a to ...

Hilton Hotels Corporation to expand Turkey portfolio (TR/US)

Hilton Hotels Corporation announces that it has entered into a Franchise License Agreement with Durmazlar Makina Sanayi ve Ticaret A.ª. to open two new Hilton Family properties in Bursa, in the north ...

Deka Immobilien enters Canadian market (DE/CN)

Deka Immobilien Investment GmbH has entered the Canadian market with the acquisition of the office and commercial building Bentall V in Vancouver. The class-A property, which was completed in 2007 and ...

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