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CBRE: European prime commercial rents and yields hold firm in face of weak economic picture (EU)

for much of Europe, prime rents and yields for the region's commercial property remained broadly stable in the second quarter (Q2) of 2012, according to new figures released by CBRE.Continuing the pa ...

Matexi starts construction of its first residential project in Poland (PL)

Matexi Polska, a branch of the Belgian leading development and construction group Matexi Group, started the building of its first residential project in the Polish capital Warsaw. After the demolition ...

LaSalle sells Parkstadt Office in Munich to Real.IS (DE)

LaSalle Investment Management has sold the building ensemble Parkstadt Office in Munich on behalf of its LaSalle German Income und Growth Fund (LGIG).The property, which was completed in 2011, compris ...

TK Development sells two projects to Heitman at a total project value of €95 million (PL)

The sale concerns the Group's shopping center, Galeria Tarnovia, in Tarnow and a new development project in Jelenia Gora. Galeria Tarnovia comprises a 16, ...

Savills: Dublin's prime retail market stable as occupancy hits 100% on Henry/Mary street (IE)

According to Savills latest report on Dublin's prime retail locations of Henry/Mary and Grafton Streets, the Irish capital is experiencing continued stability with occupancy levels reaching 100% on He ...

BAFTA HQ purchased for £87 million by The Crown Estate (UK)

The Crown Estate has acquired the freehold interest in Princes House in St James's for £87 million, representing an earnings yield of 4.7%.Purchased from Aviva Investors, the 81,000 ft² (app ...

MGPA refinances Le Madeleine for €190 million with Helaba, PBB and LBB (FR)

MGPA, the independent private equity real estate investment advisory company, today announced the refinancing of Le Madeleine, located in Paris, for €190 million with Helaba (Landesbank Hessen-Thüri ...

Union Investment acquires Europa-Galerie shopping center in Saarbrücken (DE)

Union Investment has acquired the Europa-Galerie shopping center in Saarbrücken for its institutional real estate fund UniInstitutional European Real Estate. The vendor is Credit Suisse Asset Managem ...

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