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Hines/Levy JV to develop 50-story office tower in Chicago (US)

Hines in a joint venture with Chicago entrepreneur and real estate investor, Larry Levy, has announced plans for a new 50-story, 1.1 million-ft² office tower in downtown Chicago. The state-of ...

Allianz sells property portfolio to IVG (DE)

Allianz has sold a portfolio of German property to IVG Immobilien AG for around €1.3 billion. The portfolio comprises several buildings currently occupied by Allianz, which the Group will lea ...

Centrum Familijne in Warsaw - designed for success (PL)

In the Ursus-Skrosze district of Warsaw, the first convenience center in Poland, which will be opened in October 2007, is being built. The project is developed by an Israeli developer – IIC Group, a ...

Sonae and ING Real Estate broaden partnership for development of Colombo Towers (PT/NL)

Sonae Sierra and ING Real Estate have agreed on the sale of 50% of all the rights to the Colombo Towers project, including the basis of the towers, which have already been built, to Iberdrola Imobilià ...

Hypo Real Estate completes €125m financing facility for Bluespace (ES/DE)

Hypo Real Estate Bank International AG, a member of Hypo Real Estate Group, has announced that it has provided €125 million of investment, development and VAT financing to Blue Self Storage S ...

Lamda unit buys property in Belgrade, Serbia (RS)

LAMDA Development SA announces that its 100% subsidiary company in Serbia, Property Development DOO, was the highest bidder in the open public contest for the sale of the property that was possessed b ...

Dawnay, Day Sirius buys 5 business parks for €102.9m (DE/UK)

Dawnay, Day Sirius Ltd, the real estate company established to acquire large mixed-use commercial real estate in Germany for upgrading to flexible workspaces, has announced that it has agreed to acqui ...

King Sturge releases Hungarian Commercial Property Market 2007 report (HU/UK)

King Sturge has released its report on the Hungarian Commercial Property Market 2007. The research covers all commercial property sectors detailing rents, land values and investment. The key findings ...

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