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Jones Lang LaSalle Hotels reports US $24.3 billion in global hotel sales in 2010

Jones Lang LaSalle Hotels has announced that US $24.3 billion (approx. €17.8 billion) in hotel real estate traded hands globally in 2010 as investors made their way back into the game following the g ...

AFIMALL City receives certificate of completion from Moscow City authorities (RU)

AFI Development plc has announced that it has now received a certificate of completion from the City of Moscow authorities for the operation of the AFIMALL City shopping center after which the company ...

Cushman & Wakefield Investors acquires Reading asset on behalf of West Sussex Pension Fund (UK)

Cushman and Wakefield Investors, on behalf of West Sussex Pension Fund, has purchased Unit 1, Gillette Way, Manor Farm Road, Reading from St James Group (part of the Berkeley Group) for £7.3 million ...

Investment takes center stage at MIPIM 2011 (FR)

A key trend at MIPIM 2011: investors and financial institutions such as AG Real Estate, GE Capital Real Estate, Pramerica and Unicredit Group-Hypovereinsbank are joining the ranks of MIPIM exhibitors. ...

Development of the East Gate Business Park continues with a €1.8-million EU grant (HU)

The East Gate Business Park, situated at the intersection of the M3 motorway and the M0 orbital road, is the largest business park in the northern catchment area of Budapest, spread out over an area o ...

King Sturge European Property Indicators research reveals latest trends in rents and yields (EU)

King Sturge's latest quarterly European Property Indicators, provides new research evidence on commercial property market conditions across Europe. Based on an analysis of economic trends and movement ...

Tishman Speyer and Commerz Real unveil plans to develop another major Frankfurt office tower (DE)

The construction of the TaunusTurm in Frankfurt's banking quarter is set to start this month, announced the owners of the project, the joint-venture partners Tishman Speyer and Commerz Real AG, in a m ...

London's West End transaction volumes rise 115% (UK)

Gresham Down Capital Partners says investment side transaction volumes of commercial property, including those still under offer across central London for 2010 were up by just under 50% to stand at £ ...

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