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Siemens signs Memorandum of Understanding with Dubai Industrial City (UAE)

Siemens to lease 160,000 ft² (approx. 14,800 m²) of offices and warehouses to set up a regional training centre for its automation group, a service center for Siemens' power group as well as project ...

Jean Nouvel design unveiled for Hines project in Manhattan (US/FR)

Hines has announced the formal selection of Paris-based architect Jean Nouvel as the designer of a new building slated for a key parcel in midtown Manhattan, adjacent to The Museum of Modern Art (MoMA ...

DEGI transforms GRUNDWERT-FONDS into a European fund with another portfolio deal (DE)

The property fund company DEGI Deutsche Gesellschaft für Immobilienfonds mbH has announced that it is selling a real estate portfolio named 'Homer', comprising 12 German properties, to companies of f ...

Niam recruits Head of Acquisitions (SE)

Niam has announced that it has appointed Johan Berfenstam as Head of Acquisitions. He will start working at Niam in May 2008. Prior to joining Niam, Berfenstam was the Regional Director of Skanska Pro ...

Union Investment and Chamartín open Area Sur in Spain (ES/DE)

Union Investment and Spanish shopping center developer Chamartín Immobilien have opened the Area Sur shopping center in Jerez de la Frontera, Southern Spain. Union Investment acquired Area Sur at the ...

Redevco Central Europe acquires Generali Center in Vienna (AU/NL)

Redevco Central Europe is to purchase the Generali Center on Vienna's Mariahilfer Straße from Generali Versicherung AG, with effect from 1 December 2007. The shopping and office center, built in 1977 ...

Rezidor opens its first mid-market property in Egypt (EG)

The Rezidor Hotel Group, one of the fastest growing hotel companies, has opened its first fresh and energetic mid-market brand in the Middle East - Park Inn Sharm El Sheikh in Egypt. The property was ...

France and Ireland top shopping center performers in Europe

The shopping center sector continued to show strong performance across Europe as a whole last year, according to the fourth edition of the CB Richard Ellis/IPD European Shopping Centre Digest, launche ...

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