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Union Investment acquires high quality landmark building in Bremen (DE)

Union Investment has beaten off competition to complete one of the most significant real estate transactions seen in Bremen. The Hamburg-based investment manager is acquiring the landmark Weser Tower ...

Rituals will open its 1st French flagship store in Le Forum des Halles shopping centre

The Dutch brand Rituals, specialized in home and body cosmetics, will open in 2015 its 1st French flagship store under the Canopy of Le Forum des Halles shopping Centre, on a surface of 143 m² GLA. T ...

TriGranit Development Wins RLI Developer 2014 Award

TriGranit Development Corporation was awarded the highly commended RLI Developer Award 2014 at the Retail and Leisure International (RLI) Award Gala 2014 in London. The Global RLI Awards 2014 w ...

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 ...

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