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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 ...

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 ...

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