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Construction starts of Airport City logistics park in Budapest (HU)

Construction work has begun at the Airport City logistics park in Budapest, Hungary. With its full built-up area of 65.600 m², including 47.500 m² of storage and 18.100 m² o ...

NCC to modernize shopping center in Örebro for SEK 440m (SE)

NCC Construction has been commissioned by Steen & Ström Sverige AB to modernize Marieberg Centrum in Örebro. The order is worth approximately SEK 440 million (c. €44m) and will be imple ...

Reduced availability boosts rents in EMEA office markets (EUR)

CB Richard Ellis Group Inc.'s latest EMEA Office Market View shows reduced vacancy, coupled with solid levels of leasing activity, producing upward pressure on rents across many European office market ...

Considerable increase in profit for Hufvudstaden (SE)

Profit for the period after tax amounted to SEK 1,143.6 mln. (approx. €113 mln., last year 664.0 - approx. €66 mln.), equivalent to SEK 5.54 per share (3.22). The gross profit from property manageme ...

Hines and Belaya Dacha announce joint venture to develop retail park in the Moscow region (RU)

Hines and Belaya Dacha Agrofirma have announced the closing of their joint venture in the Moscow region. Hines, representing the Hines International Real Estate Fund (HIREF), has agreed to jointly dev ...

Pembroke Real Estate names Johannes Haug Managing Director of European Operations (EUR)

Pembroke Real Estate has announced the appointment of Johannes (Hans) Haug to senior vice president and managing director for Europe. In this newly created role, Haug will lead Pembroke's real estate ...

St Martins outsourced its French operations to CB Richard Ellis (FR)

St Martins, the international property investment, development and asset management company, has announced it has outsourced its property and corporate management across its French portfolio to leadin ...

New Colliers research: over 200,000 m² of mall retail space under construction in Bulgaria (BU)

There is a total of 201,000 m² of shopping mall GLA (Gross Leasable Area) under construction in Bulgaria, according to new Colliers International Bulgaria research. That is an increase of 138 ...

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