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FCC restructures its real estate assets by divesting Torre Picasso and its Madrid and Barcelona HQs (ES)

FCC, the Spain-based infrastructure and environmental services company, is continuing with its policy of strengthening its financial structure through two real estate divestments and the move to a new ...

Canary Wharf Group plc secures £190-mln. loan facility for new commercial development (UK)

Canary Wharf Group plc has secured a £190-million (approx. €228-million) development and investment loan facility for the development of a major office scheme at 25 Churchill Place, Canary Wharf. ...

Laying of the foundation stone for the Business Garden Warsaw project (PL)

On June 2, 2011 the cornerstone ceremony for Business Garden Warsaw, a development by SwedeCenter located in Warsaw took place. Business Garden Warsaw is the first of three similar 'green' business p ...

CBRE: Asia to lead global office development cycle

The focus of global office development activity has shifted to Asia as the world economy emerges from the severe financial downturn, according to new research from CB Richard Ellis (CBRE) Global Resea ...

IVG: Significant lease extension in Paris (FR/DE)

IVG's Paris Branch has succeeded in concluding a significant lease extension. The finance institute HSBC extended their lease of 14,628 m² in the 'Crystal Défense' property until 2018. A canteen of ...

Azora Europa finalizes purchase of Avatar office building (PL)

Azora Europa, a Spanish private equity group, has finally acquired Avatar, new A-class office building in Krakow, for €30 million. Avatar offers 11,500 m² of prime office space which is sole ...

Vasakronan acquires property for €485 mln. (SE)

Vasakronan has announced that it has agreed to purchase the entire Blåmannen, Klara Zenit, block from Commerz Real for €485 million (SEK 4.35 billion). The property is located in central Stockholm a ...

CBRE assists on biggest investment deal in the Czech Republic in 2010 (CZ)

CB Richard Ellis has announced that biggest investment deal in 2010 involving agents was signed and the Czech developer Finep sold two office buildings from their project City West for approximately  ...

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