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HB Reavis acquires Budapest development site (HU)
hb reavis budapest

HB Reavis has acquired the BEM Palace in Budapest from Europa Property Fund. Located in the heart of Buda, BEM Palace is the company’s third development site purchased in the Hungarian market ...

Modern East shopping centre opens in Ümraniye (TR)
modern east

  Modern East shopping centre on the Asian side of Istanbul has opened its doors today. It comprises 140 specialty stores on four floors, a large food-court with 1,500 seating capacity, 36 ...

Hines and Universal-Investment secures first UK acquisition for €1.3 billion European high street retail portfolio (UK)
glasgow

Hines and Universal-Investment have acquired a retail asset on Glasgow’s prime shopping street from Hermes Investment Management.   The acquisition was made for an institutional real ...

Flexibility and collaboration in the workplace is key to EU office-based employment growth
office

2016 could be the first year that European office employment levels surpass the previous peak of 2008, according to Colliers International’s latest research ‘EMEA Offices: Is Flexibility ...

Golden Star Estate acquires Oxygen Park in Warsaw (PL)
oxygen park

Yareal, represented by BNP Paribas Real Estate Poland, has sold its class-A office complex located in the Warsaw's South-West business district by the Jerozolimskie Avenue.   Piotr Goździewicz, ...

Nickelodeon branded family entertainment centre to open in 2018 (UK)
the waterfront

Parques Reunidos, Viacom International Media Networks (VIMN), a division of Viacom Inc., and intu have reached an agreement to develop a Nickelodeon-themed indoor family entertainment centre in ...

Polish retail parks boosting small city retail activity (PL)
retail park

The total stock of retail parks in Poland totals 1 million m² GLA (approximately 90 commercial facilities). The 250,000m² GLA of retail parks are located in cities of up to 100,000 ...

Concept Tower achieves double green certification (PL)
concept tower

The Concept Tower office building in Warsaw has been recognized with LEED Gold certification. As a result, it is the first office project in Poland to obtain both LEED and BREEAM certificates. ...

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