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Union Investment acquires first hotel in Barcelona with 20-year lease (ES)

Union Investment Real Estate is continuing to expand in the European hotel investment market. The Hamburg-based real estate fund management company has now acquired the Barceló Raval, a four-star hot ...

Jones Lang LaSalle sells Ibis the Hague for €15.5 million (NL)

On behalf of Aprirose Real Estate Investment, Jones Lang LaSalle’s Hotels & Hospitality Group is pleased to announce the sale of the Hotel Ibis Hague City Centre, the Netherlands, to the Interno ...

Cornerstone Real Estate Advisers acquires three UK light industrial estates for £35 mln (UK)

Cornerstone Real Estate Advisers, one of the world’s 10 largest real estate investment advisers with $38.9 billion (approx. €29.7 billion) assets under management, has acquired three light industr ...

IVG purchases office property BoLa 25 in Frankfurt's West End (DE)

IVG has acquired the office complex BoLa 25 in Frankfurt’s West End for a new specialized fund of the pension scheme for dentists in Westphalia Lippe. The seller is the Hamburg-based DWI Group. IVG ...

Skanska acquires UK highways services business (UK)

Skanska UK has acquired a highways operations and maintenance business from Atkins for £18 million (approx. €20.8 million), on a debt free basis. Of this, £2 Million (approx. €2.3 million), is ...

NCC to build energy-efficient offices in Oslo for SEK 370 mln (NO)

NCC has been commissioned by Entra Eindom to construct an office building in Oslo, with Statoil Fuel & Retail as tenant. The project is valued at approximately SEK 370 million (approx. €43.8 mil ...

Winners of 11th annual MIPIM AR Future Project Awards announced

Skidmore Owings and Merrill’s ‘Breathing Tower’, a landmark 75 story building in Wujiang, China, has been awarded both the coveted Overall Winner prize and the Tall Buildings category accolade, ...

Legendary entrepreneur Werner 12123324 dies at the age of 102 (DE)

The businessman and entrepreneur from Hamburg Prof. Dr. h.c. Werner Otto, founder of the mail-order company OTTO and the shopping center development company ECE, died on Wednesday, December 21, 2011, ...

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