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HOK master plan for $2.6 bln Istanbul International Financial Center now under construction (TR)

HOK developed the master plan for the Istanbul International Financial Center (IIFC) in Turkey, which is being built on a 170 acre site on the city's Asian side. The Turkish government's goal for the ...

Starwood to open 50 new hotels across the Middle East and Africa in the next five years

Starwood Hotels & Resorts Worldwide, Inc. is strengthening its position as the leading hotel operator across the Middle East and Africa (MEA)region with an existing portfolio of 82 hotels, represe ...

Invesco Real Estate snaps up prime Prague office property for circa €38 mln for German fund (CZ)

Invesco Real Estate (IRE), the global real estate investment manager, is pleased to announce that it has acquired the office property Stara Celnice in Prague 1 for circa €38 million on behalf of the ...

ICSC: Euro-Shop Index plummets in February (EU)

The International Council of Shopping Centers (ICSC) reported that its pan-European survey of shopping-center industry business conditions for February 2013 showed a sharp reversal of fortunes on the ...

BNP Paribas Real Estate Property Management acquires Imoplan in Germany (FR/DE)

Within the framework of its development plan, BNP Paribas Real Estate is strengthening its Property Management activity in Germany with the acquisition of the company Imoplan, a German Property Manage ...

Peab to redevelop offices into apartments in Stockholm (SE)

Peab subsidiary Kungsfiskaren has been contracted to redevelop an office building into apartments at Gärdet in Stockholm. The client is Aros Djurgarden Gärdet Economic association and the contract a ...

Europe Real Estate votes for Baku Flame Towers at MIPIM Awards

Baku Flame Towers, featuring on the cover of Europe Real Estate 2013 reference book, has been nominated in the category of Best Hotel and Tourism Resort to compete in an onsite vote during MIPIM. The ...

MRP appoints C&W as exclusive leasing agents for Trump Towers Rio (BR)

The consortium developing Trump Towers Rio, coordinated by MRP International, has appointed Cushman & Wakefield as exclusive leasing agent for this office complex in the Porto Maravilha area of Ri ...

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