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Savills: Prime Milan rents show signs of growth (IT)

According to international real estate advisor Savills, prime Milan office rents are showing signs of growth for the first time in two years.The report shows that CBD rents currently stand at €480/m ...

Novotel Edinburgh Park acquired out of administration (UK)

Benson Elliot Capital Management and Algonquin SA announce that they have completed the joint acquisition of the Novotel Edinburgh Park, Edinburgh. The hotel will be acquired from administrators KPMG. ...

King Sturge Real Estate Economy Index: High spirits in the real estate business (DE)

Sentiment in Germany's real estate industry is surging in tune with the optimistic data of the national economy. Unsurprisingly, the monthly King Sturge Real Estate Economy Index returned another incr ...

CBRE: CEE office markets turn the corner (CEE)

Central and Eastern Europe (CEE) office investment turnover totaled over €760 million in the first half (H1) of 2010, a 310% increase on the €185 million recorded in H1 2009, confirming views that t ...

Europa Capital makes sale and leaseback investment in Paris (FR)

Europa Capital LLP, the general partner of Europa Fund III, is pleased to announce the acquisition of Renault's convention center, situated in the southwestern Parisian suburb of Boulogne-Billancourt. ...

Slow economic recovery sees UK construction costs fall by further 10%

Switzerland has replaced Denmark as the world's most expensive country in which to build, according the latest 'International Construction Cost Comparison Report' released yesterday (August 2, 2010) b ...

Dubai to host 8th global architectural awards (UAE)

Projects with outstanding creative design, performance, sustainability and vision throughout emerging markets in the Middle East, Africa, Latin America and across Asia are in contention for top honors ...

Hines sells trophy office tower in Chicago (US)

The Chicago office of Hines, the international real estate firm, has announced the sale of 300 North LaSalle to KBS Realty Advisors LLC, a Southern California investment firm. Located on the north ban ...

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