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UNITE to raise £50 million to fund a regional development program (UK)

The UNITE Group plc today announces a proposed placing of up to 16.0 million new ordinary shares of 25 pence each  representing approximately 9.99% of the Company's current issued ordinary share capi ...

Castellum invests SEK 239 million (SE)

Castellum AB, through its subsidiary Fastighets AB Corallen has started construction of the last phase in the central area Atollen, Jönköping. The project is carried out together with a partner, Cor ...

CBRE: Prime European property values stabilize in Q1 2013 (EU)

Following an exceptional quarter of investment into European property, where transactional volumes reached the highest level since 2008, values across the Continent have stabilized in Q1 2013, accordi ...

Lights Off! France announces new energy saving law for non residential buildings (FR)

The French Ministry of ecology, sustainable development and energy announced that from July 1st a new law will come into effect that will require all non residential buildings to turn off all unnecess ...

BAM appointed as contractor for redevelopment of Birmingham’s National Indoor Arena (NIA) (UK)

Work on the £26 million (approx. €30.5 million) redevelopment of Birmingham’s National Indoor Arena (NIA) will commence in June 2013, following the appointment of contractor BAM Construction. ...

Two Clarion hotels up for sale in Dublin (IE)

International real estate advisor Savills has been appointed, on behalf of the receivers KPMG, to sell the Clarion Hotel IFSC and Clarion Hotel Dublin Airport. The hotels are being offered for sale by ...

British Land closes £310 million credit facility (UK)

British Land confirmed that the new five year unsecured revolving credit facility signed in May 2013 has closed at £310 million (approx. €364 million), following the addition of a further bank. The ...

Threadneedle sells 73 Brook Street, London W1 (UK)

Threadneedle Property Investments Limited have sold the long leasehold of 73 Brook Street, London W1. The 14,500 ft² (1,300 m²) property was purchased by an overseas investor for the sum of £19 mil ...

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