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CBRE: After the year of records, property market is in transition (HU)

Both demand and supply brought records to the Hungarian commercial property market in 2008. The crisis deepens as investment market comes to a halt in the whole of Central and Eastern Europe and devel ...

Sweet Homes sells out two towers valued at AED 70 million within Al Khor Towers development in Ajman (UAE)

Sweet Homes, a leading UAE-based developer and multi-service provider to the real estate sector, announced that it has sold out two towers - 'A3' and 'B4', which are collectively valued at AED 70 mill ...

IVG Development: KPMG leases another 6,000 m² in Airrail Center Frankfurt (DE)

KPMG, the international accounting and consulting firm, is expanding its current lease agreement for the Airrail Center Frankfurt by 6,000 m². The company had already leased 30,000 m² of the large-s ...

Main investment transactions in the Baltics, 2008 (CEE)

," says Ricardas Cepas, CEO of Re&Solution Group international property advisers. LITHUANIA. "Despite a small number of completed investment transactions, 2008 was the best-ever year in Lithuania ...

WING forges ahead with new office developments (HU)

WING Zrt. is set to launch two new office developments in the market in 2009. The latest additions to the Millenáris Office Buildings complex in Budapest's Millenáris Park, the Modern and the Avantg ...

What of the green agenda for property in a downturn? (EUR)

The latest King Sturge report on property sustainability raises questions over the cost of the green agenda, its impact on development and the need for European harmonisation of the tools measuring su ...

Retail real estate investment activity in Continental Europe down 56% (EUR)

and rising yields. Nevertheless, there were still 40 deals completed in Q4 (66 in Q3), including three over €100 million (30 deals over £100m in 2008) – the largest was the sale and leaseback of 1 ...

Re&Solution Property Management takes over management of the Akropolis shopping and entertainment center in Kaunas (LT)

In autumn 2008, German company Deka Immobilien Gmbh, representing an immovable property fund WestInvest InterSelect, finished the process of the acquisition of the Akropolis shopping and entertainment ...

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