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BIG to design Kazakhstan's new National Library in Astana (KZ)

Invited as one of five pre-selected architect led teams, BIG was awarded first prize in an open international design competition which included 19 entrants among others Lord Norman Foster and Zaha Had ...

US investors absent from European property market (US)

One of the most significant changes in the structure of the European commercial real estate market over the last two years has been the withdrawal of US buyers from the market since the credit crunch ...

Final results 2008/09: difficult financial year for IMMOFINANZ AG (DE)

IMMOFINANZ AG is looking back on a very challenging financial year (May 1, 2008 to April 30, 2009. The reasons for this are, on the one hand, the worldwide financial and economic crisis, which has cau ...

Restructuring in the real estate sector clear sign of key lessons learned (UAE)

A.T. Kearney, a leading global strategic consulting firm, in a recent study concluded that the awaited consolidation wave in the real estate industry in the UAE and GCC has started. Developers demonst ...

Westdeutsche ImmobilienBank increases net interest income and new business in first half of 2009 (DE)

Westdeutsche ImmobilienBank AG(WestImmo) can look back on a successful first half of 2009. The bank achieved net interest income of €86.9 mln. in the first six months of the year, after €84.4 mln. i ...

LaSalle Investment Management announces Global CEO relocation to Asia

LaSalle Investment Management ('LaSalle') has today announced that Jeff Jacobson, CEO will relocate to LaSalle's Asia headquarters in Singapore effective January 1, 2010.Announcing these changes, Jeff ...

Start of construction at Holzhalbinsel Rostock (DE)

Delta Immobilienentwicklung is starting construction at Holzhalbinsel in Rostock. After elaborate studies and the development of a clearly-defined concept, the city of Rostock and the international pr ...

Dutch property investment activity doubles in Q2 2009 (NL)

The Dutch real estate market saw investment activity almost double in the second quarter of 2009 compared to the previous quarter, suggesting that investor interest is returning to The Netherlands, ac ...

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