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Multi Development granted €98.475 million loan for building Nová Karolina Shopping Center (CZ)

A syndicate of banks comprised of Ceska Sporitelna, ÈSOB, HYPO Investmentbank, and KBC Bank provided a syndicated loan of €98.475 million (approx. CZK. 2.58 billion) for the construction of the Novà ...

Government must send a clear signal on energy efficiency to property sector (UK)

The UK Green Building Council today (Friday) urged government to phase out the least energy efficient buildings by 2020 and to roll out Display Energy Certificates (DECs), which give an A-G rating on ...

CEE investment turnover rises significantly in H2 2009, investors focus on core locations (CEE)

Investment in institutional property in Central and Eastern Europe (CEE) rose significantly in the second half (H2) of 2009, bringing total 2009 turnover to €2.5 billion, according to CB Richard Elli ...

Shopping Centers rewarded for setting good example (EU)

The International Council of Shopping Centers (ICSC) is calling for entries for the 2010 European Community Support Award, worth $5,000. Established in 2008 by The ICSC Foundation, the charitable arm ...

Prime Yields Under Downward Pressure Across Europe (EU)

Widespread falls in prime yields were seen across the main European real estate markets in the final quarter of 2009, according to the latest data from CB Richard Ellis. Almost none of the locations c ...

Rental levels of top office space in Belgrade at the historically lowest point (RS)

Based on the research of Colliers International in Serbia, office rental levels have reached their bottom levels since the beginning of the modern office market in Belgrade since 2000. In accordance ...

Arab Investments acquires Sankt Annen Galerie in Brandenburg an der Havel for €53 million (DE)

For its second German fund Arab Investments Ltd. London has acquired Sankt Annen Galerie in Brandenburg an der Havel from HGHI Berlin - High Gain House Investments GmbH - for approximately €53 millio ...

Land Securities announces start of a £655 million West End development program (UK)

Land Securities has today announced the start of a £655 million (approx. €750.3 mln.) West End development programme with construction contracts agreed for three schemes, all due to complete by the ...

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