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Retail center to open in Zhukovsky, Russia (RU)

Norman Asset Management acquired a 15.7 hectare land plot for construction of a retail center with a total area of 50,000 m² in Zhukovsky, Moscow Region. The grand opening of the center is planned fo ...

IPD: UK commercial developments returns highest since 2007 but completions halve (UK)

The IPD UK Developments report, produced in association with Gerald Eve, has shown that the number of completed commercial property developments in 2012 was half that of a year before, as the stalled ...

Arup develops masterplan for UK Central creating 100,000 jobs (UK)

Arup has developed an ambitious masterplan which outlines how the area around the NEC and Birmingham Airport could be developed to create 100,000 jobs and boost GDP by as much as £19.5 billion (appro ...

Land Securities commits to the £260 million development of 1 & 2 New Ludgate, EC4 (UK)

Land Securities is committing to the £260 million (approx. €303 million) development of 1 & 2 New Ludgate, EC4, a speculative mixed-use development in the City of London. The 379,000 ft² (a ...

Lemminkäinen starts construction of the Tapiola residential project in St. Petersburg (RU)

Lemminkäinen has obtained a building permit for the residential building planned for the plot in the St. Petersburg city center, which was purchased by Lemminkäinen in autumn 2012. Lemminkäinen wil ...

Green Property sells One Nine Elms to Chinese Dalian Wanda Group (UK)

Green Property, the Irish and UK property investment and development company, has agreed to sell One Nine Elms in an off-market sale to China’s largest premier commercial property and entertainment ...

Verny Capital to invest $300 million in the construction of Talan Towers in Astana, Kazakhstan (KZ)

Verny Capital announced that it will invest $300 million (approx. €224 million) into the construction of Kazakhstan’s first environmentally sustainable building complex, meeting LEED standards. ...

New elevator hoisting technology will allow buildings to rise up to 1 km

KONE, an innovative leader in the elevator and escalator industry, recently announced a new high-rise elevator technology that is set to break industry limits and enable future elevator travel heights ...

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