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 ...

Europa Capital, RREEF Europe and Area Property Partners acquire second portfolio of BBVA assets (ES)

A consortium of Europa Capital, RREEF Europe and Area Property Partners announces that it has completed the acquisition of a second portfolio of Spanish property assets owned by Banco Bilbao Vizcaya A ...

JLL: More positive signals for European office markets (EU)

While austerity measures and concerns surrounding sovereign debt in European economies triggered a new wave of economic uncertainty and volatility in financial markets; positive signs increased in the ...