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London office rents increased in the fourth quarter of 2009 (UK)

City rents in Q4 increased for the first time since 2007, and take-up for 2009 was higher in the Square Mile than in 2008, thanks to a second half recovery in activity, according to Knight Frank's pro ...

AFI Development announces a number of recent developments (RU)

AFI Development PLC, a leading real estate company focused on developing property in Russia and the CIS, announced a number of recent developments in its business plan for 2010 that reflects its objec ...

Genesta opens Luxembourg office - recruits new fund controller (LU)

Genesta Property Nordic has recruited Per Jeraeus as fund controller and head of Genesta's new office in Luxembourg. "Establishing a new office in Luxembourg is in line with Genesta's strategy to have ...

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 ...

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