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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 ...

Commercial Real Estate Market Report Russia Q4 2012 | JLL

In the real estate market 2012 was a year of big uncertainties: continued waiting of a second wave of European crisis, Russian political risks at the beginning of the year, unclear situation with perm ...

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. ...

Derwent London in talks to sell Grosvenor Place (UK)

Derwent London today announced that it has entered into non-binding heads of terms to sell its 50% interest in 1-5 Grosvenor Place SW1 to Peninsula Hotels for £132.5 million (approx. €154.5 million ...

Union Investment acquires two office properties for new institutional real estate fund (DE)

Union Investment has acquired the first two properties in Germany for its UniInstitutional German Real Estate fund. The office properties, which are located in Darmstadt and Frankfurt am Main, reflect ...

AstraZeneca selects new £330 million global R&D center and corporate headquarters in Cambridge (UK)

AstraZeneca today announced that its new UK-based global research and development center and corporate headquarters will be located at the Cambridge Biomedical Campus on the southern outskirts of the ...

pbb and Helaba provide € 163 million credit facility to finance the acquisition of the Pacific Tower in La Defense (FR)

pbb Deutsche Pfandbriefbank and Helaba have jointly provided a € 163 million senior loan to Tishman Speyer. The credit facility will be used to finance the acquisition of the Pacific Tower in La Dé ...

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