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Accor acquires 97 hotels in Europe for €900 mln (EU)

Accor announced that its HotelInvest business has agreed to purchase two real-estate portfolios representing 86 and 11 hotels respectively (12,838 rooms) for a total consideration of about €900 mill ...

CPC Group and Barratt London to develop 165 new homes at Sugar Quay in central London (UK)

Barratt London today announces that it will jointly develop, with CPC Group Limited, the Sugar Quay site on the north bank of the River Thames, adjacent to the Tower of London. CPC achieved pla ...

Skanska to renovate Nationalmuseum in Stockholm, Sweden, for SEK 700 mln (SE)

Skanska has signed a contract with the National Property Board of Sweden to renovate and reconstruct Nationalmuseum in Stockholm, Sweden. The contract is worth about SEK 700 million (approx. €77.4 m ...

Airportcity St. Petersburg: Zeppelin office tower fully let (RU)

ZAO AVIELEN A.G, a joint venture between the Austrian real estate developer Warimpex (55 per cent), CA Immo Group (35 per cent) and UBM (10 per cent) – has signed an agreement with a renowned intern ...

Sager Group acquires final parcel of land for Islington Square retail and leisure development (UK)

Sager Group has completed its transaction with Royal Mail to relocate their Islington delivery office to Eagle Wharf Road and absorb the remaining buildings of the Former North London Sorting Centre i ...

L&G to sell Coutt’s 440 Strand HQ in London (UK)

Legal & General announces that it is selling 440 Strand quoting offers in excess of £168,7 million (approx. €208.6 million), equating to a net initial yield of 4.50%. The property is being mark ...

Galeria Bursztynowa opens in Ostrołęka (PL)

Galeria Bursztynowa, the largest modern shopping center in Ostrołęka and within a 110 km radius, will open on 29 May 2014. Its developer is Narev Inwestycje. The exclusive agent in the commercializa ...

Dutch embassy in London for sale (UK)

Cushman & Wakefield is advising the Kingdom of the Netherlands on the sale of its London embassy. The 75,235 ft² (approx. 6,990 m²) property, at 38 Hyde Park Gate in London’s SW7, has b ...

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