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British Land sale of five Virgin Active clubs for £33 million (UK)

British Land announces that it has sold five of the Virgin Active premium racquet clubs it bought in July 2011. The disposal price of £33 million (approx. €40.5 million) represents an average net in ...

IPD: Returns slow in the UK unlisted sector (UK)

The unlisted UK property sector delivered a total return of 0.7% for the first quarter of 2012, remaining in positive territory but nevertheless trending down and recording its lowest return since the ...

GRR REM issues GRR German Retail Fund No. 1 (DE)

Erlangen-based GRR Real Estate Management GmbH (GRR REM) has launched a real estate fund, concentrating on retail property in the 'Basic Retail' segment.The fund, which qualifies as Immobilienspezials ...

Cushman & Wakefield announces creation of Hospitality Investments division in Russia (RU)

Cushman & Wakefield has announced the formation of a specialized Hospitality Investments division in Moscow, as part of an ongoing global strategy to offer a full service range to appropriate mark ...

Multi Ukraine welcomes Amstor as second anchor for Forum Lviv (UA)

Multi Development Ukraine, developer of the Forum Lviv shopping center welcomes another anchor tenant new to this regional market.Following the signing of Comfy in Forum Lviv, the preliminary lease ag ...

Peter Jánosi new Head of Development at P3 Slovakia (SK)

PointPark Properties (P3) has welcomed a new member of its management team in Slovakia. With effect from April 2, 2012, Peter Jánosi has been appointed to the position of Head of Development for P3 S ...

IVG leases 8,500 m² in the south of Hamburg (DE)

The Hamburg branch of IVG Asset Management GmbH has found a tenant for its office space at Heidenkampsweg 99. Praktiker AG, a leader in Europe's DIY market industry, is relocating its headquarters fro ...

Rockspring commences construction of major office scheme in the city (UK)

Rockspring Property Investment Managers ('Rockspring') together with its development partner, Charterfield Asset Management, announces that construction has started on the redevelopment of 24 Monument ...

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