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Holland Park Apartments: approximately 40% of the apartments in the Brunello building sold (PL)

Keen Property Partners (KPP), the owner and property manager of the prestigious and highly desirable Holland Park Apartments, in Warsaw, has sold almost 40% of apartments located in the Brunello build ...

Cushman & Wakefield research report: Office snapshot Russia (RU)

All commercial real estate rents decreased in 2009 by 30-50%. The decrease of rents played a positive role for business in general, because it helped tenants to control their costs during a difficult ...

Savills research: German office markets 2009 (DE)

In 2009 approximately 2.0 million m² of office space was leased in the five major German office markets of Berlin, Düsseldorf, Frankfurt, Hamburg and Munich. This corresponds to a reduction of 29% w ...

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 ...

CORESTATE Capital AG to turn around 4,700 apartments in Germany (DE)

BGP Investment s.à r.l. (BGP) and CORESTATE Capital AG, Zug (CORESTATE) have entered into a comprehensive agreement in respect of approx. 4,700 apartments located predominantly in Western Germany. Th ...

Citycon launches construction of Myllypuro shopping center (FI)

Citycon Oyj will build a new shopping centre in Myllypuro, Helsinki. In addition, 255 rented and right-of-residence apartments, all privately financed, will be built in conjunction with the shopping c ...

Deutsche Bank leases office space in Moscow's business center NordStar Tower (RU)

Deutsche Bank and DS Development (Group of Companies DON-STROY) announced closure of one of the largest deals on the office real estate market of 2009. The Deutsche Bank leased more than 7,000 m² of ...

WGF AG purchases 1,187 homes from Pirelli Real Estate for €56 million (DE)

WGF Westfälische Grundbesitz und Finanzverwaltung AG has acquired a real estate portfolio with a transaction volume of around €56 million containing 1,187 residential units from Pirelli Real Estate. ...

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