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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, ...

Morgans Hotel Group wins new long-term management agreement in Istanbul (TR)

Morgans Hotel Group Co. (NASDAQ: MHGC) has announced that it has entered into a hotel management agreement for an approximately 128-room Mondrian-branded hotel to be located in the Old City area of Is ...

Warimpex, CA Immo and UBM open the multifunctional Airport City St. Petersburg (RU)

With the opening of a four-star Crowne Plaza St. Petersburg Airport hotel belonging to InterContinental Group, and the premium Jupiter and Airport office towers offering a total of 17,000 m² of premi ...

Stainton JV acquires Chapel Quarter Nottingham for £20 million (UK)

A new joint venture set up by Stainton, together with a group of Middle Eastern investors advised by WW Advisors, has acquired Chapel Quarter Nottingham from Royal London Asset Management's Scottish L ...

Hilton and Hilton Garden Inn open in THE SQUAIRE (DE)

Two hotels, the Hilton and the Hilton Garden Inn, opened at the same time yesterday (December 20, 2011) in THE SQUAIRE at Frankfurt Airport.In the eastern part of the building there are 249 rooms and ...

CLS Holdings submits 20,801-m² mixed-use development scheme to planners (UK)

CLS Holdings plc, a pan-European property company headquartered in Vauxhall, London, announces that on December 16, 2011, it submitted a detailed planning application for a 20,801-m² student accommod ...

£120-million refinancing of Sea Containers House (UK/NL/DE)

ING Commercial Banking, Real Estate Finance UK and Berlin-Hannoverische Hypothekenbank acted as Mandated Lead Arrangers on a £120-million (approx. €142.8-million) senior secured term loan facility t ...

CLS Holdings plc submits 154,000-m² mixed-use development scheme to planners (UK)

CLS Holdings plc, a pan-European property company headquartered in Vauxhall, announces that it has submitted a detailed planning application for a 154,000-m² mixed-use development scheme in Vauxhall, ...

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