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Green light given to £300m Summer Row scheme in Wolverhampton (UK/NL)

Multi Development UK Ltd and Wolverhampton City Council have received confirmation that a large area of land in the city center can be compulsory purchased to make way for a

GE Real Estate buys remaining 24.8% interest in its joint venture Green Holdings for €80m (PL)

GE's Central & Eastern Europe arm created the joint venture in 2003 in partnership with the Heitman group. The jv owns 12 Polish retail galleries which were bought from French retailer Groupe Casi ...

Interspeed Shopping Center in southern Serbia to open in summer 2008 (RS)

The first shopping center in the ethnic Albanian-majority area of southern Serbia, Interspeed Shopping Center in Presevo, is set to open summer 2008. Interspeed Shopping Center will have a total area ...

Skanska awarded office project in Norway for NOK 360m (NO)

Skanska has been commissioned to build an office and technology center in Asker, outside Oslo. The contract value is NOK 360 million (approx. €42 mln.), which will be included in order bookin ...

CB Richard Ellis Group Inc. acquires Eurisko (RO)

CB Richard Ellis Group, Inc. today announced the acquisition of Eurisko Consulting SRL, the largest independent commercial real estate services company in Romania. The purchase price is approximately ...

Cushman & Wakefield reports on record year (US/EUR)

Preliminary figures from global real estate consultant Cushman & Wakefield (C&W) show turnover of operations on a global basis rose to US$1.8 billion in 2007, a 21% increase on 2006 (2006: US$ ...

Catella advisor to Alecta in €253m transaction (SE)

Catella Corporate Finance in Sweden has advised the Swedish occupational pension company Alecta in a €253 million deal. The deal comprises the sale of a Swedish property portfolio to the Aust ...

New Mega project in Kurdistan Iraq (IQ/UAE)

Engineer Abdullah Atatreh, Chairman of Bonyan International Investment Group (Holding), one of the major real estate development companies in the UAE, announced a partnership and a strategic alliance ...

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