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Union Investment makes property acquisitions totalling €1.6 billion (DE)

The portfolio expanded with focus on European core markets and major investment in sustainable buildings. Union Investment was again one of the most active players in the European real estate market i ...

Prime office space in sublease is finding its tenants (RU)

One of the big audit and consulting companies PricewaterhouseCoopers has signed a long term sublease agreement with one of the Moscow leading legal practices Norton Rose (Central Europe) LLP for 1,409 ...

CBRE appointed property manager for Deka Immobilien France Portfolio (FR)

CB Richard Ellis today announced that it has been appointed by Deka Immobilien GmbH as a property manager on half of its portfolio of properties in France. CBRE will manage 12 office, retail and logis ...

Cushman & Wakefield research report: Office snapshot Russia (RU)

All commercial real estate rents decreased in 2009 by 30-50%. The decrease of rents played a positive role for business in general, because it helped tenants to control their costs during a difficult ...

Savills research: German office markets 2009 (DE)

In 2009 approximately 2.0 million m² of office space was leased in the five major German office markets of Berlin, Düsseldorf, Frankfurt, Hamburg and Munich. This corresponds to a reduction of 29% w ...

Prime yields under downward pressure across Europe (EU)

Widespread falls in prime yields were seen across the main European real estate markets in the final quarter of 2009, according to the latest data from CB Richard Ellis. Almost none of the locations c ...

Deutsche Bank leases office space in Moscow's business center NordStar Tower (RU)

Deutsche Bank and DS Development (Group of Companies DON-STROY) announced closure of one of the largest deals on the office real estate market of 2009. The Deutsche Bank leased more than 7,000 m² of ...

Sale of 39 office properties by ING REIM Netherlands (NL)

On behalf of ING Real Estate Office Fund of The Netherlands (REOFN), ING Real Estate Investment Management (ING REIM) has sold a portfolio of 39 office properties (comprising about 209,000 m² of offi ...

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