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P3 announces completion of €11 million Built-To-Own project for Audia Plastics (SK)

PointPark Properties (P3) announced the successful completion of a Built-To-Own project for Audia Plastics and its affiliates Washington Penn Plastic and Uniform Color Company. This warehouse and prod ...

Munich real estate market snapshot (DE)

Munich is one of Europe's most prospering cities with a healthy economic structure, accommodating global players like BMW, Siemens and Allianz as well as numerous innovative small and medium sized com ...

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, ...

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