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Admiralty Arch in London to be converted to a five-star hotel (UK)

Westminster City Council (WCC) has granted planning permission to developers Prime Investors Capital (PIC) to renovate the former office space into a five-star hotel, residences and private members’ ...

Knut Pedersen new president and CEO of Catella (SE)

The Board of Directors of Catella AB has appointed Knut Pedersen as the new President and CEO. Knut Pedersen has many years of experience from various positions in the financial sector, most recently ...

Skanska has sold its Finnish head office to Union Investment for €32 million (FI)

Skanska has sold an office building located in the Ruskeasuo district of Helsinki, Finland, to the international real estate investor company Union Investment. The sales price is €32 million (approx ...

Edinburgh Airport announces £25 million expansion as £150 million investment program begins (UK)

Edinburgh Airport is investing £25 million (approx. €29 million) in a significant expansion of the airport's terminal building, creating the foundations of the airport's ambitious growth plans and ...

CBRE Hotels sells the Hilton Garden Inn Luton (UK)

CBRE Hotels EMEA announced the sale of Luton’s premier business hotel – the Hilton Garden Inn Luton, purchased by The Cowell Group. The sale of the Hilton Garden Inn was negotiated by CBRE Hotels ...

IFM to build 11-story high-rise at Kureck project in Wiesbaden (DE)

Within the framework of its Kureck project development in Wiesbaden, IFM Immobilien AG is planning to demolish the former R+V high-rise along with the adjacent R+V Casino plus underground car park in ...

Newsec acquires Jones Lang LaSalle’s Swedish property management operations (SE)

An agreement has been reached whereby Newsec is acquiring the Swedish property management operations of Jones Lang LaSalle (JLL), whose customers include major international players such as AXA, Grosv ...

McCarthy & Stone successfully completes full refinancing of outstanding liabilities (UK)

McCarthy & Stone the UK’s leading retirement homes developer, announced that it has successfully completed the refinancing of its existing liabilities, totaling £518.9 million (approx. €605.6 ...

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