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Azora Europa buys 2 buildings in Green Office Complex in Cracow (PL)

Azora Europa, a Spanish private equity company, has acquired part of Green Office Complex, 2 brand new A-class office buildings in Cracow, for €24 million.Green Office Complex will comprise 3 buildin ...

Land Securities and CPPIB form joint venture to own and develop Victoria Circle, London (UK)

Land Securities Group PLC ("Land Securities") and Canada Pension Plan Investment Board ("CPPIB") are pleased to announce they have formed the Victoria Circle Limited Partnership ("the Partnership"), a ...

Istanbul's finance center taking shape on 2.5 million m² lot (TR)

The Turkish government has completed preparations for the Istanbul Finance Center to be constructed soon, said Turkish Environment and Urban Planning Minister Erdogan Bayraktar yesterday, noting that ...

IPD: UK values continue to slide in January (UK)

Capital values fell by another -0.2% in January as the New Year brought little good news for the UK property market. Total return fell to 0.4%, its lowest since June 2009, according to the IPD UK Mont ...

Westfield Group announces two major strategic transactions (US/UK)

The Westfield Group (ASX:WDC) announced two major strategic transactions including a US $4.8 billion (€3.7 bln) joint venture over 12 assets in the United States with Canada Pension Plan Investment B ...

Moderate retail growth in Germany leads to redistribution of turnover (DE)

Despite lingering concerns regarding the economic crisis, GfK GeoMarketing's new prognosis of Germany's 2012 regional retail turnover shows that turnover potential has increased by approximately one p ...

Jones Lang LaSalle awarded the CEE Retail Agency of the Year 2011 (PL)

Jones Lang LaSalle was awarded the CEE Retail Agency of the Year 2011 at the Europaproperty CEE Retail Real Estate Awards held on 9th February in Warsaw. The firm was chosen by a panel of 36 judges ra ...

Ober-Haus Baltic Apartment Price Index shows relative stabilty (CEE)

Ober-Haus Baltic Apartment Price Index shows in January 2012, a 0.1% drop in apartment prices was recorded in Vilnius (the same decrease as in December of 2011). Regardless of this overall, fairly ins ...

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