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King Sturge Real Estate Economy Index: real estate climate lost 50% of its index value over the past six months (DE)

The real estate industry has begun to feel the full brunt of the international financial crisis. Thus, with the December returns now in from the 1000 market players in Germany who participate in the s ...

Notification of majority shareholding - Holberg Fenger Holding A/S (DK)

On 23 December 2008, Holberg Fenger Holding A/S notified TK Development that it had acquired shares in TK Development A/S. Accordingly, Holberg Fenger Holding A/S now has a shareholding that exceeds 5 ...

Züblin sells properties in Switzerland and Germany (CH/DE)

Züblin Immobilien Holding AG today announced that it had concluded the sale of two investment properties, one in Switzerland and the other in Germany. The sales prices of both transactions were in li ...

Renaissance Square in Phoenix honored by EPA for energy conservation (US)

The Phoenix office of Hines, the international real estate firm, announced today that Renaissance Square's two buildings received ENERGY STAR® labels from the Environmental Protection Agency ...

GE Real Estate sells property portfolio to Roxanne Fastighetsfond AB (SE)

GE Real Estate Nordic announced today it has sold a portfolio comprising 29 properties to a newly established real estate company, Roxanne Fastighetsfond AB. GE Real Estate will continue to hold an in ...

Sweet Homes awards AED 450m construction contract to Master Civil Construction (UAE)

Sweet Homes, a leading UAE-based developer and total solutions provider to the real estate sector, has awarded an AED 450-million (ca. €81m) contract to Sharjah-based Master Civil Constructio ...

Warimpex sells Dvořák Spa Hotel in Karlovy Vary (AT/CZ)

Warimpex Finanz- und Beteiligungs AG has sold its shares in the project company that owns the Dvořák Spa Hotel in the Czech city of Karlovy Vary to a subsidiary of Raiffeisen-Leasing. ...

JLL: Investment in commercial real estate in Europe down 55% year on year (EUR)

Direct investment into commercial real estate in Europe for 2008 will likely come in between €105 and €110 billion, according to latest research from Jones Lang LaSalle. This figure is down some 55% ...

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