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After signing a memorandum of agreement in June 2008 with the founders of Teddy Toys, a company that was sold in 2005 to the King Jouet group, Kl

Land Securities sells New Scotland Yard to Metropolitan Police Authority (UK)

Land Securities Group has announced that it has sold its freehold interest in New Scotland Yard to the Metropolitan Police Authority.Richard Linnell, Head of Investment at Land Securities' London Port ...

Skanska to build foundation for transit hub in New York for US $70m (SE/US)

Skanska has been contracted to construct the foundation for the Fulton Street Transit Center in Lower Manhattan in New York. The contract amounts to US $70 million, which is included in order ...

One floor completed 'every week' at DAMAC Properties Ocean Heights tower (UAE)

Luxury lifestyle provider DAMAC Properties is showing its determination on delivery by completing a floor every 5.2 days at its Ocean Heights tower at Dubai Marina. The 84-story skyscraper is being co ...

DTZ Czech Republic to manage another 100,000 m² of retail space (CZ)

DTZ property and asset management team has won an instruction for managing the Bainbridge Properties portfolio of 100,000 m² of retail space for a new client Aerium Finance Ltd. The portfolio ...

Sponda sold land in Jokiniemi, Vantaa for €15m (FI)

Real estate investor Sponda Plc announces that it has sold two plots of land in Jokiniemi, Vantaa designated for housing production to VVO-group plc for €15 million. The plots, located on Tik ...

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Hercules sells Borehamwood Shopping Park (UK)

Hercules Unit Trust ('HUT'), the specialist retail warehouse fund advised by The British Land Company PLC and managed by Schroders, has completed the sale of its Borehamwood Shopping Park in Borehamwo ...