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Blackstone completes €37 million acquisition of Galeria Tęcza in Kalisz from Rank Progress (PL)

On 8 February 2012, Blackstone's real estate funds completed the acquisition of the Galeria Têcza shopping mall in Kalisz from Rank Progress S.A. The value of the transaction was €37 million. Galer ...

2011 a record year for investment volume into Russian commercial real estate (RU)

2011 was the record year in terms of investment volume into Russian commercial real estate according to the latest research by CBRE. Russian investment market grew over 200% above the level reached in ...

Wereldhave to sell €800 million of US property investments (NL/US)

Wereldhave N.V. will fully concentrate on shopping centers in Western Europe (the Netherlands, Belgium, Finland and the United Kingdom) and offices in Paris and Madrid. This strategic choice implies t ...

95% of Cologne office complex maxCologne now let (DE)

HOCHTIEF Projektentwicklung has let a further 1,700 m² at the maxCologne office complex in Cologne-Deutz to the GÖRG Partnerschaft von Rechtsanwälten: The legal firm is exercising its option on a f ...

Russian companies account for majority of Moscow office take up in 2011 (RU)

During 2011 Moscow's office market showed signs of both growth and slowdown, according to a new report from CBRE Russia Office Research. We observed falling vacancy and an increase in rental rates for ...

AFI completes €13.4 mln. financing with UniCredit Bank Austria for AFI Business Park Cotroceni (RO)

AFI Europe, a member of AFI Group, announced that it has signed a financing agreement with UniCredit Bank Austria for the development of the first out of five class-A office buildings in AFI Business ...

New record rent of 12,500 Swiss francs per square meter in Zurich's Bahnhofstrasse (CH)

The latest Retail Market Study carried out by the Location Group examined the 65 most noteworthy international fashion capitals, together with Switzerland, Germany and Austria. As part of this study, ...

Global real estate markets show eighth consecutive quarter of rental increases

While economic uncertainty still affects the main commercial real estate centers around the world, global real estate markets are showing steady improvements, according to Jones Lang LaSalle's new sui ...

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