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JLL advises Chris Luken on Fletcher Hotels buyout (NL)
amsterdam

The Fletcher Hotels platform has been sold in a management buyout led by Rob Hermans, CEO and Edwin van Heteren, CFO together with their equity partners, NIBC Bank and Xead Group from Luxembourg. The ...

NØRDIKA Shopping Valley doubles in size (LT)
vilnius

NØRDIKA is now over 40,000m², adding 17 new stores including a 17,000m² Senukai with the first hardware “drive through” in Vilnius.   In total NØRDIKA now has ...

Laing O’Rourke appointed for £178m intu Watford extension (UK)
intu watford

intu has appointed Laing O’Rourke as the main contractor to build its £178m (€231m) extension of intu Watford.   Liam Cummins, head of UK construction at Laing O’Rourke ...

CBRE Global Investors acquires IZD Tower in Vienna (AT)
izd tower

CBRE Global Investors has acquired the IZD Tower in Vienna on behalf of Korean separate account clients in the largest deal seen in Austria for two years. The seller was a German fund managed by ...

HB Reavis acquires Budapest development site (HU)
hb reavis budapest

HB Reavis has acquired the BEM Palace in Budapest from Europa Property Fund. Located in the heart of Buda, BEM Palace is the company’s third development site purchased in the Hungarian market ...

Modern East shopping centre opens in Ümraniye (TR)
modern east

  Modern East shopping centre on the Asian side of Istanbul has opened its doors today. It comprises 140 specialty stores on four floors, a large food-court with 1,500 seating capacity, 36 ...

Record-breaking first quarter for European industrial and logistics sector
earth

According to CBRE, the European industrial and logistics market experienced an exceptional first quarter, with new Q1 records being set for both investment levels and occupier take up. Logistics take ...

Strong investor demand prevails despite drop in Q1 volumes
european investment

International real estate advisor Savills has recorded that the total investment volume into European commercial real estate in the first quarter this year is €36.8bn, 30% lower than the same ...

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