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IBUS sells Les Boréales office buildings in Paris (FR)

IBUS has sold two office buildings named Les Boréales in Courtaboeuf, a business park near Paris. Les Boréales was acquired by IBUS in 2000 for an amount of €9 million and was sold last month for ...

Savills: Madrid office take up rises threefold and investment moves steadily forwards (ES)

Madrid office take up during Q210 rose threefold to 160,000 m² compared to Q209, according to international real estate advisor Savills, with H110 take up at double the total for H109.The data shows ...

Union Investment sells 10 Gresham Street in London at a profit (UK/DE)

Union Investment has sold 10 Gresham Street in the City of London to a joint venture between Hammerson and the Canada Pension Plan Investment Board for £175 million (approx. €211 million). Buoyant d ...

Savills: Prime Milan rents show signs of growth (IT)

According to international real estate advisor Savills, prime Milan office rents are showing signs of growth for the first time in two years.The report shows that CBD rents currently stand at €480/m ...

King Sturge Real Estate Economy Index: High spirits in the real estate business (DE)

Sentiment in Germany's real estate industry is surging in tune with the optimistic data of the national economy. Unsurprisingly, the monthly King Sturge Real Estate Economy Index returned another incr ...

CBRE: CEE office markets turn the corner (CEE)

Central and Eastern Europe (CEE) office investment turnover totaled over €760 million in the first half (H1) of 2010, a 310% increase on the €185 million recorded in H1 2009, confirming views that t ...

Europa Capital makes sale and leaseback investment in Paris (FR)

Europa Capital LLP, the general partner of Europa Fund III, is pleased to announce the acquisition of Renault's convention center, situated in the southwestern Parisian suburb of Boulogne-Billancourt. ...

Hines sells trophy office tower in Chicago (US)

The Chicago office of Hines, the international real estate firm, has announced the sale of 300 North LaSalle to KBS Realty Advisors LLC, a Southern California investment firm. Located on the north ban ...

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