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BPT Secura sells Merimetsa Selver retail center in Tallinn to the Kaubamaja Group (EE)

In an agreement closed on 8th of February 2012 the BPT Secura real estate investment fund, managed by BPT Asset Management, has sold the retail center known as Merimetsa Selver, located in Tallinn, to ...

Portfolio of 47 malls makes Cogest a leader in the Italian market (IT)

In spite of global economic threats and of enduring difficulties in local market, there are few Italian companies performing outstanding results. Among them, Cogest Italia and Mall System deserve a ...

Native Land and Grosvenor complete £50 mln. Alpha Place purchase (UK)

Joint venture partners Native Land and Grosvenor have confirmed the acquisition of a prime residential site at Alpha Place in Chelsea for £50 million (€59 mln.) and also announce a £90 million faci ...

Hines Secures 7 Bryant Park address for new trophy Tower on Avenue of the Americas (US)

Hines, the international real estate firm, has secured approval to use the 7 Bryant Park address for its new, 470,000 ft² (43,530 m²) trophy office tower overlooking Bryant Park. The 28-story buildi ...

New appointments at Jones Lang LaSalle (CEE)

Jones Lang LaSalle is pleased to announce the new appointments of Patricia Lannoije and Joanna Gajewska-Sokolowska.Patricia Lannoije has been appointed as the Head of Research and Consultancy in Polan ...

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 ...

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