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Sonae Sierra reaches agreement to acquire 50% stake in CascaiShopping (PT)

Sonae Sierra, through a majority-owned subsidiary, has reached an agreement with a fund managed by Rockspring Property Investment Managers, for the acquisition of its 50% stake in CascaiShopping, loca ...

UGL announces review to consider optimal corporate structure (US/EU)

UGL Limited today announced that following the significant growth in UGL’s Property business, which now represents close to 50% of the Company’s earnings, the Board of Directors has resolved to un ...

Beacon Capital Partners chose C&W to manage Doublon building (Paris region) (FR)

The American investment funds, Beacon Capital Partners, chose Cushman & Wakefield to manage Le Doublon, an office building, representing a total of 30,119 m². in Courbevoie (Paris region) and an ...

CBRE acquires IMPACT-CORTI (CZ/SK)

CBRE Group, today announced the acquisition of IMPACT-CORTI a.s., a firm specializing in property management in the Czech Republic and Slovakia. With six million ft² (557,000 m²) under management a ...

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 ...

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