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Rakeen confirms ongoing drive to offer high returns on Uptown Tbilisi towers (GE)

Rakeen Development has confirmed its ongoing drive to offer high returns and low risk commercial property investment opportunities. Rakeen has now launched the sale of 50% of the Uptown Tbilisi reside ...

Gerald Eve bags two South Coast hotel investments (UK)

Aviva Investors advised by Gerald Eve have purchased the Travelodge Hotel, West Hill Road Bournemouth for £6.86 million (approx. €8.1 mln.), which reflects a net initial yield of 6.2%.The 110 bedroo ...

Invesco Real Estate sells two UK offices for €56 million on behalf of German investor (UK)

Invesco Real Estate, the global cross-border property investment manager, is pleased to announce that it has sold two office properties in the UK totaling ca. £48 million (approx. €56 mln.) on behal ...

Hopkins Architects scoops top design prize at Architectural Awards for Yale University Hall (UK/US)

Kroon Hall at Yale University was named "Building of the Year" by the UK's architecture sector, during the prestigious AJ100 awards. The new building, designed by Hopkins Architects for the School of ...

Fabege sells residential hotel in Solna (SE)

Fabege has divested the Hallen 6 property in Solna. The purchaser is Chinax Group and the purchase consideration is SEK 110 million (approx. €11.3 mln.). The approximately 4,600 m² building comprise ...

Pinsent Masons warns UK property industry faces more taxing times (UK)

International law firm Pinsent Masons has warned the property industry that the new coalition government's taxation plans are likely to impact much harder than some more hopeful commentators have sugg ...

Groundbreaking of the new premises of the European Central Bank in Frankfurt (DE)

The groundbreaking of COOP HIMMELB(L)AU's new premises of the European Central Bank has been celebrated yesterday in attendance of Jean-Claude Trichet, President of the European Central Bank, Petra Ro ...

Furniture Parks paint a healthy picture across CEE region (CEE)

The growing popularity of furniture parks across Central and Eastern Europe has been amply demonstrated by a new scheme in Warsaw, Poland which is already 95% let just weeks after opening. ...

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