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Major mixed-use scheme in Turkey launched on the international stage (FR/TR)

A major mixed-use scheme featuring two 46-story high towers, designed by global architecture, urbanism and design practice Broadway Malyan for leading Turkish developer Eroglu Property, has been launc ...

Foster + Partners: Masterplan for Marseilles old port displayed at MIPIM (FR)

Marseille's Vieux Port, one of the great Mediterranean ports, is about to be transformed. Work has started on Michel Desvigne's and Foster + Partners' competition-winning masterplan for its regenerati ...

Savills: No double dip in core European office rents in 2012 (EU)

International real estate advisor Savills expects new supply across European office markets to remain low in 2012 keeping supply and demand in balance and averting a double dip scenario, especially fo ...

Hines European Value Added Fund signs lease with Lilly France for new HQ in Riva building in Paris (FR)

Hines, the international real estate firm, has announced that the Hines European Value Added Fund (HEVAF) has signed a long-term lease with Lilly France for 74,500 ft² (approx. 7,000 m²) of office s ...

Amundi Real Estate acquires stake in 5 Canada Square, Canary Wharf (UK)

Amundi Real Estate announces its acquisition of a stake in the 5 Canada Square building in Canary Wharf, London, through its retail OPCI.The building is in the center of Canary Wharf, London's major b ...

Simon Property Group announces two strategic acquisitions (US/FR)

Simon Property Group, Inc. (NYSE: SPG) ('SPG') has announced that it has signed a definitive agreement under which it is acquiring a 28.7% equity stake (54,430,000 shares) in Klépierre (Euronext Pari ...

Henderson acquires properties in Austria (AT)

Henderson has acquired a fully let retail warehouse in the Austrian city of Fürstenfeld (Styria) from ARW Bauprojekt GmbH.The property, purchased from ARW Bauprojekt GmbH, comprises close to 15,000 m ...

MWB Groups Richard Balfour-Lynn steps down as Chief Executive (UK)

WB Group Holdings Plc announces that Richard Balfour-Lynn has decided to step down as Chief Executive and a director of the Group with effect from March 31, 2012.Richard Balfour-Lynn said: "This has b ...

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