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Deka Immobilien sells trophy office building in Vancouver (DE/CA)

Savills has advised Deka Immobilien on the sale of Bentall 5, a trophy office tower located at 550 Burrard Street in Vancouver, British Columbia, Canada, to North American real estate advisor Bentall ...

AFI Europe signs 2,500 m² pre-lease contract in AFI Business Park Cotroceni (RO)

AFI Europe has signed a seven-year lease contract with Microchip Technology Inc., a leading US IT company, for a 2,500 m² space in the first out of five class-A office buildings at AFI Business Park ...

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 ...

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