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L&G and Patron buy CALA Group for £210 mln (UK)

Legal & General Group Plc has today agreed to acquire an interest in CALA Group Ltd, the UK's premium major home builder, from Lloyds Banking Group. The acquisition values CALA at £210 mln (appro ...

Berkeley to return £568 million to its shareholders by 2015 (UK)

The Berkeley Group Holdings plc today announces its Interim Management Statement in respect of the period from 1 November 2012 to 28 February 2013. Berkeley remains on course to return £568 million ...

Salans appoints new Real Estate Practice Group Co-Head in Moscow (RU)

International law firm Salans has appointed a new Real Estate practice group co-head. Sergey Trakhtenberg has been appointed as the Co-Head of the Moscow Real Estate practice group. Trakhtenberg will ...

Starwood to open 50 new hotels across the Middle East and Africa in the next five years

Starwood Hotels & Resorts Worldwide, Inc. is strengthening its position as the leading hotel operator across the Middle East and Africa (MEA)region with an existing portfolio of 82 hotels, represe ...

BNP Paribas Real Estate Property Management acquires Imoplan in Germany (FR/DE)

Within the framework of its development plan, BNP Paribas Real Estate is strengthening its Property Management activity in Germany with the acquisition of the company Imoplan, a German Property Manage ...

Europe Real Estate votes for Baku Flame Towers at MIPIM Awards

Baku Flame Towers, featuring on the cover of Europe Real Estate 2013 reference book, has been nominated in the category of Best Hotel and Tourism Resort to compete in an onsite vote during MIPIM. The ...

Risanamento in talks with Idea Fimit for Santa Giulia development area in Milan (IT)

Italian real estate company Risanamento said on Thursday it will start exclusive talks with fund Idea Fimit for the sale of the huge Santa Giulia development area on the outskirts of Milan. In a stat ...

Newsec to manage Stockholm Waterfront (SE)

Newsec has obtained the confidence to manage the Stockholm Waterfront for Munich Re´s asset manager MEAG. The building, which is environmentally classified according to Leed Gold has a total lettable ...

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