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RICS: Housing absorbs largest share of consumer spending in Europe (EU)

Housing-related expenditure has increased considerably in Europe over the last decade and now represents the highest share of consumer spending at EU level, says the latest research published by RICS. ...

Sale of the prime Alte Post development project (DE)

alstria VII. Hamburgische Grundbesitz GmbH & Co. KG, a 50/50 joint venture between alstria office REIT-AG, Stenham Property Ltd and Quantum Immobilien AG, has agreed on the sale of its property 'A ...

TAG Immobilien AG announces successful acquisition of residential portfolio (DE)

The acquisition of a property portfolio with 3,083 residential units and 71 commercial units at a purchase price of approximately €150 million by TAG Immobilien AG agreed on July 26, 2011 has been su ...

EPRA: Accounting standards bodies to exclude all investment property from major overhaul of leasing rules

The two main accounting standards bodies globally have made a preliminary decision to exclude all investment property lessors from a proposed major overhaul of rules for how businesses recognize lease ...

Consortium of investors led by IVG acquires landmark Silver Tower building in Frankfurt (DE)

At the end of last week, a consortium of investors led by IVG concluded a purchase agreement to acquire the Silver Tower property in Frankfurt am Main from Commerzbank AG. The property involved in the ...

Record breaking numbers gather for World Architecture Festival 2011 (ES)

Today marks the beginning of the fourth World Architectural Festival (WAF), the world's largest, interactive architectural event, which is opening its doors to more than 1,300 delegates during the cou ...

ECE fund to acquire City-Passage in Bielefeld (DE)

The ECE European Prime Shopping Center Fund has acquired the City-Passage in Bielefeld, Germany, from the RWI funds 40 and 43 owned by WestLB. The anchor t ...

Goodman European Logistics Fund launches €400 mln. underwritten rights issue and announces €800 mln. debt package

Goodman Group has announced that Goodman European Logistics Fund (GELF or Fund) has launched a €400 million underwritten equity raising (Rights Issue) and agreed credit approved terms for a new €800 ...

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