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UGL announces the sale of DTZ for $1.215 billion

UGL Limited today announced that it has entered into a binding agreement to sell its global property services business, DTZ, to a consortium comprising TPG Capital (TPG), PAG Asia Capital (PAG) and On ...

RAG Foundation acquires 4.8% stake in DIC Asset AG (DE)

DIC Asset AG has just been notified that the RAG Foundation based in Essen, Germany, acquired a share block of Morgan Stanley Real Estate Funds (3,262,022 shares in DIC Asset AG, representing 4.76 per ...

Hines managed fund acquires Kö-Quartier in Düsseldorf and Kronprinzbau in Stuttgart (DE)

A fund set up and managed by Hines has acquired two assets in Germany, Kö-Quartier in Düsseldorf and Kronprinzbau in Stuttgart. Kronprinzbau was sold by Credit Suisse. The investments are intended t ...

HB Reavis opens first office development in Hungary (HU)

HB Reavis opened on Thursday 5th June its first office building in Hungary - Váci Corner Offices in Budapest. Váci Corner Offices is an A-class office building with over 21 000 m² of high qual ...

CBRE: Middle East Investors expected to spend $180 billion in global real estate markets over next decade

Middle Eastern investors are expected to spend US$180 billion (approx. €133 billion) in commercial real estate markets outside of their own region over the next decade, according to the latest resea ...

Technopolis to expand Tampere City Center Campus (FI)

Technopolis will invest €39.0 million in expanding the Tampere Yliopistonrinne campus. The expansion is due for completion in March 2016. “The campus is located centrally between the railwa ...

Schroder acquires 25% interest in City Tower in Manchester for £33 mln (UK)

Following the announcement of 7 May 2014, Schroder announced that it has completed the acquisition of a 25% interest in City Tower in Manchester for £33 million (approx. €41.3 million). The price ...

Westwing to be new tenant at Prologis Park Warsaw II (PL)

Westwing Home & Living, a leading e-commerce Home & Living market player, has signed a lease contract for 3,200 m² of warehouse and office space at Prologis Park Warsaw II. The company will j ...

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