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BRIC travellers to trigger mid-market and budget hotel growth across Europe (EUR)

The mid-market and budget hotel sector is set to benefit most in the next few years as travellers from some of the largest emerging markets - Brazil, Russia, India and China, the so-called 'BRIC count ...

Sven Mathijssen appointed General Manager at ING Real Estate (NL)

ING Real Estate has announced that Sven Mathijssen (46) has been appointed General Manager at ING Real Estate Development effective 1 September 2007. He will be responsible for the French, Italian and ...

Westfield establishes £530m wholesale fund in UK (UK/AU)

The Westfield Group (ASX: WDC) has announced the establishment of a £530 million wholesale fund to own interests in four Westfield shopping centers in the United Kingdom with a gross value of ...

DAMAC launches The Corner at Business Bay (UAE)

DAMAC Properties has announced the launch of 'The Corner', a commercial development at the heart of Business Bay. The 19-story tower will feature state-of-the-art office spaces as well as retail and r ...

Crane Survey gives Birmingham a lift (UK)

Development in UK second city Birmingham is booming with the skyline boasting the highest number of cranes since the turn of the Millennium, according to the latest research by international property ...

Keops sells properties in Norway at NOK 660 million (DK/NO)

Keops A/S is selling the Norwegian part of the Nordic Light portfolio at NOK 660 million (approx. € 77 million). The acquirer is a company in the Norwegian group, Otium Gruppen, and acquisiti ...

Eurocommercial Properties expands in Sweden and France (NL/SE/FR)

Eurocommercial Properties N.V. (ECP) yesterday announced the acquisition of two retail properties in Sweden and one in France for a total cost of €151 million.Sweden The larger of the two Swe ...

UK government must back institutional investment in residential property says BPF (UK)

The British Property Federation (BPF) has backed a pledge by the UK's incoming prime minister, Gordon Brown, to plug Britain's housing crisis by getting behind the private rented sector.Promising to e ...

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