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Hearst Tower wins the 2008 International Highrise Award

Hearst Tower in New York was honoured with the prestigious International Highrise Award at a ceremony attended by Norman Foster in the Frankfurt Paulskirche (14 November). The jury praised the project ...

Big lease agreement by a diplomatic representation in Brussels (BE/NL)

The Royal Netherlands Embassy and the Permanent Representation of the Netherlands to the European Union have signed a 15-year fixed lease agreement with the Austrian IG Immobilien for the building sit ...

Purchasing power levels vary significantly by region within European countries (EUR)

The recently completed GfK Purchasing Power Europe 2008/2009 study reveals the regional variations in purchasing power among the population of 41 European countries.Particularly noteworthy is that des ...

Bouwfonds European acquires Residential Properties near Geneva and in Hamburg (DE)

Bouwfonds Asset Management and Catella Real Estate AG have acquired, in Hamburg, for the mutual Bouwfonds European Residential, a residential property with 245 units and 16,600 m² floor space ...

IVG has launched Caverns Fund (DE)

IVG Immobilien AG issued the IVG Caverns Fund as of 13 November 2008 and fully placed it to institutional investors from Germany.In early September, the company decided to sell 70 caverns (underground ...

UK commercial property capital values fall by record levels says IPD (UK)

UK commercial property capital values have plummeted by the largest ever monthly figure in IPD's 22-year history, at -4.3%, according to the UK Monthly Property Index for October 2008.The Index showed ...

Multi Development UK wins two awards in one night (UK)

Multi Development UK Ltd was last night awarded two prestigious awards, recognising the development of the

Cordea Savills announces three key appointments (IT)

Cordea Savills, the international property fund manager, has announced three key appointments as part of the major expansion of its Italian investment and operations teams based in Milan.The three key ...

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