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Groundbreaking ceremony for new office center in Lithuania (LT)

The Baltic Republic of Lithuania continues to defy the adverse economic conditions in the rest of the region with the construction of a new major office center in Kaunas. The groundbreaking on January ...

IMMOFINANZ Group signs long-term lease with Leonardo Hotels in Vienna (AT)

IMMOFINANZ Group has signed a lease agreement with the internationally renowned hotel chain Leonardo Hotels for its hotel on Matrosengasse in Vienna's 6th municipal district. Renovations are to start ...

AXA Real Estate raises €588.5 million for European Development fund

AXA Real Estate Investment Managers announces the final close of its pan-European development fund, Development Venture III, having raised €588.5 million of total equity. The Fund has so far invested ...

River Garden Office in Prague to be financed by Česká spořitelna (CZ/SK)

The HB Reavis Group, a developer of sustainable projects, has announced that it has secured a bank loan financing in a total amount of €32.9 million for its office project River Garden Office in Prag ...

The Peel Group submits plans for new phases at MediaCityUK (UK)

The Peel Group has unveiled ambitious plans over the next 20 years for further phases of MediaCityUK at Salford Quays. Peel is seeking outline approval from Salford City Council for an additional 459, ...

Skanska launches construction of Malta House (PL)

Skanska has just received the building permit for Malta House, its first LEED pre-certified office project in Poznan. Total leasable space of the five-story scheme will be 15,700 m² and 275 parking s ...

Heijmans subsidiary Oevermann awarded two building contracts in Germany valued at €30 million (NL/DE)

Heijmans subsidiary Oevermann has acquired two building turnkey contracts for the inner-city Le Flair residential building in Düsseldorf and an educational building in Münster.The contract for the c ...

Canary Wharf Group plc secures £190-mln. loan facility for new commercial development (UK)

Canary Wharf Group plc has secured a £190-million (approx. €228-million) development and investment loan facility for the development of a major office scheme at 25 Churchill Place, Canary Wharf. ...

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