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Redevco successfully concludes exit from Finnish market (FI)

Redevco has divested its properties in Finland, in line with its strategy of concentrating on its core markets in Europe. Following the exit from the Swedish market, Redevco has announced the sale of ...

CBRE Global Investors invests in Frankfurt Airport's Mönchhof Business Park (DE)

CBRE Global Investors announced an investment in Phase 3 of the Multi-Park, Mönchhof in Germany from MP Holding and OFB Projektentwicklung GmbH for approximately €8 million. The purchase of 5,512 m ...

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 ...

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