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Dubai's Nakheel retreats from Australian investment (UAE)

Nakheel, the Dubai-based property developer, has disposed of its remaining 172 million shareholding in Mirvac Group, the Australian property developer, for A$206.4 million (US $171 million), according ...

DIC Asset AG remains profitable during the first half of 2009 (DE)

DIC Asset AG has presented its interim report for the first half of the 2009 financial year. The company posted respectable results of €6.1 million in what continued to be a difficult market ...

NAI Pickard raises the roof as it wins a major property award (UA)

There's even more good news for the property market and its related professionals this week as the results of the Europe & Africa Property Awards 2009 in association with CNBC Arabiya have been re ...

IMMOEAST looks back on challenging financial year (AT)

IMMOEAST AG is looking back on the most challenging financial year (May 1, 2008, to April 30, 2009) since the company's foundation. The reasons for this are, on the one hand, the massive economic slum ...

CB Richard Ellis sell portfolio of prime designer outlet centers for £365m (UK)

In what is potentially the largest single investment deal in the UK so far this year CBRE has advised Henderson Global Investors (HGI) on the investment sale of a portfolio of three of the finest desi ...

Ogmios Centras starts construction BABILONAS 2 (LI)

Construction of the second stage of BABILONAS started on the 26th of October. The interior and leisure center BABILONAS 2 will occupy 19.000 sqm and will consist of furniture, interior accessories, de ...

240m² of retail and leisure sales marks a hectic year ahead

Agents are expecting a busy year, after £240m of assets changed hands last week with another £170m anticipated to enter the market. In London´s Shepherd´s Bush, Tops Estates ha ...

HBG builds compression module for Conoco

The oil company Conoco UK Ltd. has awarded HBG Steel Structures part of "HBG, Hollandsche Beton Groep nv“ the contract to supply a compression module destined for the Murdoch offshore complex, which ...

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