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DTZ Echinox strengthens its management team (RO)

DTZ Echinox announces the strengthening of their management team by the promotion of Oana Iliescu to assume the position of Joint Managing Director alongside Tim Wilkinson. Oana, who previously acted ...

Michael Lange resigns from Jones Lang LaSalle Russia & CIS (RU)

Michael Lange, Chairman of Jones Lang LaSalle Russia & CIS, has announced his intention to leave the firm after 15 years to develop his own business interests and pursue other aspirations. Michael ...

Ivorypress launches Art + Books in Madrid (ES)

Art + Books in Madrid is an interdisciplinary arts venue and headquarters for Ivorypress, founded by Dr Elena Ochoa Foster, which unites the traditionally separate worlds of art and books within a ser ...

HOCHTIEF Projektentwicklung sells three care facilities to Swiss Life (DE)

HOCHTIEF Projektentwicklung has sold three care facilities to insurance company Swiss Life. The two sides have agreed to maintain confidentiality regarding the sales price. The facilities, located in ...

Office leasing volumes across Europe fell by 27% in 2008 (EUR)

for European office market, and major job cuts are now occurring in various business sectors therefore office demand is expected to suffer further in 2009. The financial centres of London, Paris and ...

KPP Retail expands its portfolio of regional shopping centers (PL)

Keen Property Partners Retail is continuing to expand its portfolio of regional shopping centers in Poland, by the acquisition of Galeria Sandomierz, and the announcement of a new significant retail d ...

Sale of Drammensveien 144 and the Park Inn hotel (NO)

Norwegian Property ASA (OSE:NPRO, NPRO.OL) has entered into an agreement for the sale of Drammensveien 144 in Oslo.The property value is NOK 324 million (approx. €34 mln.), which is approxima ...

Global investment in commercial property plummets 59%

Global investment in commercial property fell 59% in 2008 to US $435 bln. (approx. €309 bln.), down from 2007's record total of US $1,050 bln. This was the lowest annual total since 2004 with ...

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