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JLL Global Market Perspective: Global real estate recovery on track

As we mark the end of the first half of 2010, global property markets at the prime end have shown improvement. But with tough choices ahead for global policy makers, will the second half of the year u ...

Mourjan Marinas IGY establishes a strategic presence in the lucrative Black Sea marina market (RU)

Mourjan Marinas IGY, the luxury developer and manager of marinas and yachting lifestyle destinations, announced that it has signed a binding agreement with Russian company Sochi Grand Marina, part of ...

Woods Bagot to build zero emissions tower in China (CN)

Architecture firm Woods Bagot and multi-disciplinary engineering consultancy Buro Happold have announced a test design for an 82-story tower that aims to achieve zero carbon emissions. The model for a ...

LASCO Investment finishes development conception of business center Daugava (LV)

Real estate investment management company SIA LASCO Investment informs that the development plan conception for the business center Daugava and its adjacent territory at 3 Balasta dambis, Riga, has be ...

CNAC gives green light for Village des Alpes to be developed by MAB and NEINVER (FR)

On May 26, 2010, the CNAC (Commission Nationale d'Aménagement Commercial) granted the retail permit for the "Village des Alpes©" project developed by MAB Development in joint venture with NEINVER. ...

Gerald Eve bags two South Coast hotel investments (UK)

Aviva Investors advised by Gerald Eve have purchased the Travelodge Hotel, West Hill Road Bournemouth for £6.86 million (approx. €8.1 mln.), which reflects a net initial yield of 6.2%.The 110 bedroo ...

Fabege sells residential hotel in Solna (SE)

Fabege has divested the Hallen 6 property in Solna. The purchaser is Chinax Group and the purchase consideration is SEK 110 million (approx. €11.3 mln.). The approximately 4,600 m² building comprise ...

GCC to spend $1.17 billion on hotel projects this year (UAE)

Regional hospitality industry continues to spend heavily on hotels during 2010 despite turbulent global economy, say organisers of The Hotel Show.According to a new study, cash expenditure in the GCC ...

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