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DTZ Echinox triples the size of their property management portfolio (RO)

DTZ has been appointed by Argo Real Estate to handle the property management of Shopping City Suceava and Shopping City Sibiu. By winning these two major retail schemes, DTZ triples the size of their ...

MIPIM 2010 broadens its horizons (FR)

MIPIM, the World's Property Market, together with MIPIM Horizons, dedicated to fast-growing regions, will share the billing in Cannes from March 16-19. MIPIM featuring MIPIM Horizons will highlight su ...

Invesco Real Estate invests €37 million in office building on the Champs-Elysées, Paris (FR)

Following two previous transactions in Paris and Lyon at the end of December 2009, Invesco Real Estate has acquired another office building in France for a pan-European fund. The property investment m ...

ING Real Estate Development sells 50% share in Budapests Allee Shopping Center (DE/HU)

Allianz Real Estate Germany GmbH and ING Real Estate Development have reached agreement on the sale of a 50% share in the Allee Shopping Center in Budapest to Allianz for approximately €100 million. ...

German residential portfolio transactions in excess of €3 billion in 2009 (DE)

Savills reports that the German market for residential portfolios picked up in 2009, in particular the second half of the year saw residential portfolios actively transacted compared to H2 2008. 107 r ...

85% of Tishman Speyer's OpernTurm let (DE)

The international law firm K&L Gates LLP as well as the private equity firm 3i Germany will move into Tishman Speyer's OpernTurm in Frankfurt. Thereby approximately 85% of 66,000 m² overall leasa ...

Tall meets small at Multi Megamall (TR)

Today, the world's tallest man, 8 ft 1 in (246.5 cm) Sultan Kösen, will welcome the shortest man in the world, 2 ft 5.37 in (74.61 cm) He Pingping, to his native Turkey to celebrate the January 15 o ...

RED secures financing for the first Cadran commercial center in Romania (RO)

Immorent has funded RED's first Cadran commercial center that is to be developed in Husi, North East Romania. The €8 million financing is being provided by Immorent Romania, part of Erste Group A.G. ...

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