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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. ...

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, ...

Skanska starts construction of second phase of Green Corner office project in Warsaw (PL)

Skanska Property Poland has started the construction of building B in the Green Corner office complex, currently under development in the center of Warsaw. ...

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