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€200 million Rathaus-Galerie in Leverkusen opens today (DE)

A glass rotunda visible from great distances is the architectural flagship of the new Rathaus-Galerie in Leverkusen, Germany, which opens today, February 24, 2010 after a construction period of two ye ...

IBM and Johnson Controls join forces to make buildings smarter

IBM and Johnson Controls announced a new relationship to create a new era of smarter buildings. Together, the companies will team to provide a Smart Building Solution that can improve operations and r ...

Kempinski Hotel River Park in Bratislava opens in spring 2010 (SK)

The Kempinski Hotel River Park, beautifully located on the banks of the Danube river in Bratislava, will soon be opened. The luxury 5-star hotel is part of the Riverside development, a major inner-cit ...

Brand Empire to bring new Spanish fashion parade to the UK (UK)

Land Securities, through its subsidiary Brand Empire, has announced today that it has agreed terms with Grupo Cortefiel, one of Spain's largest and leading fashion retailers, to bring three of its cor ...

MGPA winds up 1999 vintage Fund

MGPA, the private equity real estate investment advisory company, announced that it wound up its Global Fund I, an opportunistic $480 million (approx. €352.8 mln.) global fund which delivered strong ...

Europeans invested €12 million in Oceana Residence in January (UAE)

Europeans from Britain, Russia, Holland and Belgium, invested AED 60 million (approx. €12 mln.) in January, as sales of apartments at the luxurious Oceana Residence, averaged almost one per day durin ...

Benson Elliot makes first UK acquisition in Milton Keynes for €23.5 million (UK)

Benson Elliot Capital Management, the leading private equity real estate firm, has exchanged contracts on the acquisition of CBXII, Midsummer Boulevard, Milton Keynes. The property has been acquired f ...

McArthurGlen opens its fifth designer outlet village in Italy (IT)

La Reggia Designer Outlet near Naples has attracted some of Europe's best-known brands. It also features one of Europe's biggest solar energy schemes ever used in the retail sector. Once the second ph ...

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