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IMMOFINANZ subsidiary BUWOG sells residential portfolio in Carinthia to the ÖSW Group (AT)

BUWOG, a wholly owned subsidiary of the listed IMMOFINANZ AG, has successfully sold another major portfolio. In Carinthia, 35 properties with a total of 781 apartments were sold to the ÖSW Group, the ...

Hines signs joint venture for the development of Landmark office building (UK)

Hines, the international real estate firm, announced today that it has signed a joint venture agreement with Manchester & Metropolitan Properties to develop Landmark, a 178,000 ft² (approx. 16,50 ...

IPD: Robust 2012 performance for Austrian real estate (AT)

The IPD Austria Annual Property Index, released today, generated a total return on all property of 6.2% in 2012, only 10 basis points lower than the performance for 2011. “Capital growth at 1.2% ...

RICS: Residential property sales in the UK reach three-year high (UK)

The amount of homes sold in the UK reached a three-year high during March as increased confidence in the market continued to translate into sales, says the latest RICS housing market survey. In Ma ...

Hammerson submits planning application for Watermark WestQuay (UK)

Hammerson has submitted outline proposals to Southampton City Council for its leisure-led development, Watermark WestQuay. The four hectare brownfield site in the centre of Southampton is immediately ...

PATRIZIA wins bid for GBW AG (DE)

The investor consortium led by PATRIZIA Immobilien AG has emerged as the successful bidder for BayernLB’s shares in the listed housing company GBW AG (50.19 million shares representing approx. 91.93 ...

C&W: Robust first quarter for London commercial property investment (UK)

The attractiveness of Central London commercial property as a safe haven for international investors was evidenced again in the first quarter of 2013, with a total of £2.75 billion (approx. € 3.22 ...

Dublin City Council launches details of Parnell Square Cultural Quarter (IE)

Lord Mayor Naoise Ó Muirí today announced details of a visionary new project for Dublin city: the Parnell Square Cultural Quarter. The development will involve the construction of a new and innovati ...

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