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Ivanhoé Cambridge and Hines to develop sculptural office tower in Chicago (US)

Ivanhoé Cambridge, one of the 10 largest real estate companies in the world, announced today its planned investment of US $300 million (€235.5 mln.) to build a 45-story office tower in the West Loop ...

JLL: European office rents soften slightly (EUR)

for the region as a whole, growth forecasts for 2012 have been revised downwards. Markets with more robust economic conditions such as the UK and Germany are likely to perform well, while struggling ...

Orchard Street acquires Buchanan House, London (UK)

Orchard Street Investment Management LLP (Orchard Street), the specialist commercial property investment manager, has completed the acquisition of Buchanan House, EC1N on behalf of the Orchard Street ...

Saks Fifth Avenue OFF 5TH to open seven stores (US)

Simon Property Group, Inc. (NYSE: SPG), the world's leading retail real estate company, announced that Saks Fifth Avenue OFF 5TH will open a total of seven new stores in the next two years in its Prem ...

CBRE Global Investors acquires £165 million City office investment for Korean client (UK/KR)

CBRE Global Investors announces that it has acquired Thames Court, 1 Queenhithe, London EC4 for £165 million (approx. €207 million) on behalf of a Korean client, Public Officials Benefit Association ...

Invesco Real Estate buys prime Swedish retail park for ca. €63 mln. (SE/DE)

Invesco Real Estate (IRE), the global real estate investment manager, is pleased to announce that it has acquired Barkarby Retail Park 4:7 near Stockholm for ca. €63 million on behalf of the iii-BVK ...

JLL: Prague office market green leader and solid leasing performance (CZ)

At the end of Q1 2012 the class-A and B office stock in Prague totaled 2,814,000 m², which means that the Prague office market is – after Warsaw and Budapest – the third largest in CEE.In the first ...

IVG lets total of 6,500 m² in THE SQUAIRE (DE)

Since the end of 2011, IVG has concluded 10 new leases for a total of 6,500 m² of rental space in THE SQUAIRE project at Frankfurt Airport. Its occupancy rate has therefore risen to around 85%. ...

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