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Sonae's 8 Avenida in S. João da Madeira opens in September (PT)

Sonae has announced that shopping and leisure center 8ª Avenida, owned and developed by Sonae Sierra in the city of S. João da Madeira, Portugal, will be inaugurated on the 27th of September, 2007. ...

Credit Suisse launches Global Warming index (CH)

Credit Suisse has launched its new Global Warming index. The index offers investors the opportunity to invest in renewable energy and carbon controlling stocks which are selected by the Bank's equity ...

JLL: record $110bn of hotel transactions by year-end 2007

Jones Lang LaSalle Hotels estimates that $110 billion (c. €75bn) worth of global hotel transactions could be completed by the end of 2007. This represents a 52% rise on last year's r ...

French and German derivatives markets grow (FR/DE/UK)

The French and German property derivatives markets have now reached sufficient size to enable reporting of trade volumes, according to IPD. At the end of Q2 2007 cumulative outstanding notional value ...

Warner Estate buys Cable House in London (UK)

Warner Estate Holdings PLC confirms the purchase of Cable House in London EC2 from a private vendor at £44 million (approx. €61m), reflecting a net initial yield of 5.51%. Cable Hous ...

Kenmore sells Maxwell House in Milton Keynes (UK)

Kenmore has sold Maxwell House, Bletchley, Milton Keynes for £6.25 million (c. €8.6m) to Volume Developments Limited. The property was sold on behalf of Kenmore Capital, a joint vent ...

Kenmore completes £70.5m of UK sales (UK)

Kenmore has announced the sale of two UK properties for a total of £70.5 million (approx. €97 mln): the 89,000-ft² office building Maersk House (formerly known as Beagle Hou ...

Jelmoli Holding sells its Swiss real estate portfolio (CH)

Jelmoli Holding Ltd has completed its review of the Group's strategy. The Board of Directors has decided to sell the Swiss real estate portfolio to a consortium comprising Igal Ahouvi's Blenheim Prope ...

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