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Global hotel sales decline 76% but $13.9 bln. of hotel transactions still close in first half of 2008

Notwithstanding the continued uncertainty of the financial markets, Jones Lang LaSalle Hotels reported that $13.9 billion (approx

AIG European Real Estate Partners and Deutsche Bank sell residential complex in Moscow (RU/DE)

AIG European Real Estate Partners, L.P., part of AIG Global Real Estate, and Deutsche Bank Commercial Real Estate Group have sold Pokrovsky Hills, a premier 9.2-hectare residential community in Moscow ...

Sonae Sierra had a Net Profit of €1.3 mln. in H1 2008 (PT)

Sonae Sierra has presented its H1 2008 results. The highlights are: Rents grew 4.5% on a like-for-like basis versus first half of 2007 Direct Results of

Plaza Centers completes handover of Plzen Plaza to Kl

Plaza Centers N.V. (the "Company") announces that it has formally completed the successful handover of Plzen Plaza to Kl

Metrovacesa's net profit for H1 2008 reached €131 mln. (ES)

Metrovacesa earned a net profit of

Commercial Property values tumble, SCS / IPD Quarterly Index shows (UK/IE)

The total return on the SCS / IPD Irish Quarterly Property Index for the three months to 30th June 2008, was -6.2% q/q, the lowest ever quarterly return in the index history which dates back to 1995. ...

Schering-Plough moves to Marynarska Business Park in Warsaw (PL)

Schering-Plough, a global leader in pharmaceutical industry, has recently signed a lease agreement in Marynarska Business Park developed by Ghelamco in Mokotow district in Warsaw. Schering-Plough will ...

Promotions at C&W/S&R and C&W Ukraine (RU)

Cushman & Wakefield Stiles & Riabokobylko (C&W/S&R) announce the promotion of Tom Cashel, Head of Capital Markets, and Robert Grant, General Director of Cushman & Wakefield Ukraine ...

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