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Divan Group planning to expand hotel presence to New York, London and more (TR)

Turkey's Divan Group, a part of Koç Holding, is planning to expand its hotel presence to New York, London, Baku, Budapest and Sarajevo, according to Divan Group Chief Executive Officer Marcos Bekhit. ...

Bond Street letting breaks £1,000 zone-A rent record (UK)

NFU Mutual, represented by Savills, has agreed a new rent on 24 Old Bond Street, London with Salvatore Ferragamo. The Italian luxury brand will pay £1.6 million (€1.88 mln.) per annum for the 7,500 ...

W. P. Carey announces proposed acquisition of CPA:15 and conversion to REIT (US/UK)

Investment firm W. P. Carey & Co. LLC ("W. P. Carey") announced that its Board of Directors has approved its conversion to a real estate investment trust ("REIT") and that its Board of Directors a ...

Cordea Savills appoints Head of Luxembourg office (LU)

Cordea Savills, the international property investment manager, has appointed Lorna Mackie as Head of the Luxembourg office. Lorna is responsible for fund corporate activities with a special focus on e ...

Skanska Property Czech Republic preparing its showpiece office in City Green Court (CZ)

Skanska Property Czech Republic will move into its own latest development, City Green Court, one of the most modern and environmentally smart office buildings in Prague, during the last quarter of 201 ...

Birmingham's Five Ways regeneration continues with Henderson proposal (UK)

No. 1 Hagley Road, the 140,000 ft² (12,970 m²)19 story landmark office tower, is the latest building to benefit from regeneration plans for the Five Ways area, in Birmingham. The building's owners, ...

Teesside Pension Fund appoints CBRE as strategic property investment advisor (UK)

CBRE's Real Estate Finance team has been appointed by Teesside Pension Fund (the 'Fund') as Strategic Property Investment Advisor and Property Manager over its direct property investments with immedia ...

AXA Real Estate announces landmark office letting to Hogan Lovells (FR)

AXA Real Estate Investment Managers announced that it signed 96 leases representing a total of 175,000 m² of space across its French office portfolio in 2011, a significant increase of 23% on a total ...

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