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Union Investment makes property acquisitions totalling €1.6 billion (DE)

The portfolio expanded with focus on European core markets and major investment in sustainable buildings. Union Investment was again one of the most active players in the European real estate market i ...

Prime office space in sublease is finding its tenants (RU)

One of the big audit and consulting companies PricewaterhouseCoopers has signed a long term sublease agreement with one of the Moscow leading legal practices Norton Rose (Central Europe) LLP for 1,409 ...

CBRE appointed property manager for Deka Immobilien France Portfolio (FR)

CB Richard Ellis today announced that it has been appointed by Deka Immobilien GmbH as a property manager on half of its portfolio of properties in France. CBRE will manage 12 office, retail and logis ...

Holland Park Apartments: approximately 40% of the apartments in the Brunello building sold (PL)

Keen Property Partners (KPP), the owner and property manager of the prestigious and highly desirable Holland Park Apartments, in Warsaw, has sold almost 40% of apartments located in the Brunello build ...

Meander Medical Centre and Heijmans sign settlement agreement (NL)

Meander Medical Centre's new hospital in Amersfoort is to be constructed by Heijmans Non-residential Building and Heijmans' subsidiary Burgers Ergon technical services. The settlement agreement was si ...

Skanska to build arts facility for US $216 million (SE/US)

Skanska has been selected as the construction manager for a new arts facility for a client in the US. The contract amount is US $216 million, (approximately €149 mln.), which has been included in the ...

DTZ: Czech logistics market to stabilize after a steep decline (CZ)

According to statistics gathered by global property adviser DTZ, only 8,100 m² of logistics space was completed in Q4 2009, representing a 90% drop y-o-y in developers' activity mainly caused by redu ...

Cushman & Wakefield research report: Office snapshot Russia (RU)

All commercial real estate rents decreased in 2009 by 30-50%. The decrease of rents played a positive role for business in general, because it helped tenants to control their costs during a difficult ...

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