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Corio acquires shopping center Le Vele in Italy for €103.3 million (IT)

Corio acquired 'Le Vele shopping gallery and Millennium Entertainment center in Cagliari on Sardinia for €103.3 million at a net yield of 7.0%. The total shopping center comprises 44,400 m² GLA and ...

London offices show strong leasing levels and falling supply (UK)

Latest research from CB Richard Ellis shows that there was no sign of a let up in tenant demand in Central London during February as take-up remained above the one million ft² (approx. 92,000 m²) ma ...

Fairmont Hotels & Resorts property to open in Baku, Azerbaijan in early 2011 (AZ)

Fairmont Hotels & Resorts and Azinko Development M.M.C. recently announced the signing of their agreement for Fairmont to manage a new 347-guest room luxury hotel property in the sparkling coastal ...

Sonae Sierra reduces water consumption by 11.6% worldwide

On the occasion of the World Water Day, Sonae Sierra – the international shopping centre specialist – publishes its water results for 2009 and reveals its dedication to the careful use of precious d ...

Fabege to develop residential units in partnership with Oscar Properties (SE)

Fabege and Oscar Properties Invest AB have formed a jointly owned company for developing residential properties with tenant-owner flats in Stockholm. The company will be owned in equal parts by the tw ...

ProLogis leases nearly 70,000 m² of distribution space in Central Europe (CEE)

ProLogis European Properties, one of Europe's largest owners of modern warehouse distribution facilities, announced that it has signed five new lease agreements in Central Europe, covering 68,800 m². ...

Helaba syndicate leader in financing Munich business park with over €250 million (DE)

Helaba is acting in this transaction as sole mandated lead arranger, security agent, co-underwriter and swap-provider, through its unit Southwest Region of Real Estate Lending Germany. The business pa ...

Marco Polo Tower at Hamburgs HafenCity wins MIPIM Award 2010 (FR/DE)

At the international real estate show, Marché International des Professionels de l'Immobilier (MIPIM), the annual MIPIM awards were presented in five categories. The "real estate Oscar" in the Reside ...

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