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Plans for a £500 million replica of the Crystal Palace by Chinese ZhongRong Group unveiled (UK)

According to reports on the UK press, ZhongRong Group has revealed its plans to build a replica of the Crystal Palace on the site of the original Victorian building. ZhongRong Group aims to build a ...

AFI Palace Ploiesti officially opens its doors (RO)

AFI Palace Ploiesti, the first and only modern shopping mall developed in the city center of Ploiesti, officially opened its doors today, following an investment of over €50 million and only 16 mont ...

Foncière des Régions makes €351 million of acquisitions in Berlin and Dresden (DE)

Foncière des Régions is pursuing its acquisitions in Germany by investing, through its subsidiary FDL, in which it has a 59.7% stake, €351 million in several residential real estate portfolios in ...

Tristan Fund and Caleus sell Berlin’s tallest office to a Japanese institutional investor for €65 Million (DE)

Berlin’s tallest office building, the main tower in the Treptowers complex, has been sold to a Japanese institutional investor for €65 million, just two years after it was acquired by EPISO, an op ...

Blackstone Real Estate Funds complete acquisition of Multi Corporation (US/NL)

Blackstone announced that its real estate funds have completed the acquisition of Multi Corporation. Multi is a leading owner, manager and (re)developer of high quality shopping centers across Europe. ...

C&W: Investment volumes in commercial real estate in Russia reach $1.13 billion in Q3 2013 (RU)

According to Cushman & Wakefield, investment volumes in Russian’s real estate reached $1.13 billion (approx. €840 million) in Q3 2013. The market shows stable development with Q3 volumes remai ...

PAMERA sells 'Presidio' office building in Stuttgart (DE)

PAMERA Asset Management GmbH, acting for Quadra Stuttgart S.à.r.l, has sold the ‘Presidio’ office building in Stuttgart. The parties agreed not to disclose the purchase price. The building, which ...

Tagor has laid the foundation of its new residential project in Arad (RO)

Tagor, the innovative real estate developer which introduced in Romania the New York-based 'mini-room' concept, is expanding the revolutionary concept of 'Urban Village' to Arad. The developer, whi ...

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