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Azora Europa buys 2 buildings in Green Office Complex in Cracow (PL)

Azora Europa, a Spanish private equity company, has acquired part of Green Office Complex, 2 brand new A-class office buildings in Cracow, for €24 million.Green Office Complex will comprise 3 buildin ...

Land Securities and CPPIB form joint venture to own and develop Victoria Circle, London (UK)

Land Securities Group PLC ("Land Securities") and Canada Pension Plan Investment Board ("CPPIB") are pleased to announce they have formed the Victoria Circle Limited Partnership ("the Partnership"), a ...

Istanbul's finance center taking shape on 2.5 million m² lot (TR)

The Turkish government has completed preparations for the Istanbul Finance Center to be constructed soon, said Turkish Environment and Urban Planning Minister Erdogan Bayraktar yesterday, noting that ...

Deka Immobilien sells office property in Milan for €45.5 mln. (IT)

Deka Immobilien GmbH has sold the Viale Regina Giobanna 27 - 29 office building in Milan to Inarcassa RE, an Italian real estate fund, reserved to institutional investors, managed by Fabrica Immobilia ...

IMMOFINANZ Group sells inner city palace in Vienna (AT)

IMMOFINANZ Group, Austria's largest real estate investor and developer, has sold a historical inner city office building in Vienna to a private asset management firm. This property was built in 1718 a ...

Investors will be aggressive when investing in long-term Brussels office lets (BE)

According to Savills latest office report, aggressive investors will be paying 5-5.5% yields in 2012 to secure the longer term lets in Brussels. This reflects the scarcity of such stock in the market, ...

2011 a record year for investment volume into Russian commercial real estate (RU)

2011 was the record year in terms of investment volume into Russian commercial real estate according to the latest research by CBRE. Russian investment market grew over 200% above the level reached in ...

Wereldhave to sell €800 million of US property investments (NL/US)

Wereldhave N.V. will fully concentrate on shopping centers in Western Europe (the Netherlands, Belgium, Finland and the United Kingdom) and offices in Paris and Madrid. This strategic choice implies t ...

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