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Savills advises DekaBank on 100% loan recovery (DE/US)

Savills has advised DekaBank Deutsche Girozentrale on the sale of its senior mezzanine loan on the W Hotel at Union Square in New York. The hotel was acquired by Host Hotels & Resorts, LP. The tra ...

Knight Frank profit climbs 168% to £58.4 million (UK)

Knight Frank LLP, the leading independent global residential and commercial property consultancy, has announced its final results for the year ended March 31, 2010.Nick Thomlinson, Senior Partner and ...

INREV: Milestone Quarterly Real Estate Index first to show return to growth (NL)

Performance of European non-listed real estate funds returned to positive territory for the first time since 2007, according to the inaugural quarterly index results for the sector. The first ever INR ...

STR Global: Half of hotel rooms in regional construction pipeline are in the luxury sector (UAE)

Due to the high percentage of upscale hotel developments in the Middle East construction pipeline, over the last five years The Hotel Show has witnessed a steady increase in the number of high-end and ...

Deka Immobilien sells City Cronan office complex in Stockholm (DE/SE)

Deka Immobilien GmbH has sold the City Cronan office building in Stockholm's central business district at a profit. The property has been acquired by Swedish pension fund AMF. It is the largest single ...

World's largest bank secures Spanish headquarters through Savills (ES)

Savills has advised the world's largest bank, Industrial and Commercial Bank of China (ICBC), on the letting of a new headquarters in Spain. Recoletos 3 is ...

Commerz Real acquires office scheme in the Netherlands (DE/NL)

Commerz Real just stepped up its commitment in the Netherlands by acquiring an office property in The Hague for the open-ended real estate fund hausInvest europa. The gross lettable area comes to arou ...

Multi Development and Tesco open phase two of Forum Liberec (CZ)

Opened yesterday (September 23, 2010), the second phase of Forum Liberec (22,000 m²) is linked to phase one (opened in February 2009) and extends the overall lettable area to 46,000m². Phase two off ...

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