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Major construction contract awarded at Al Raha Beach (UAE)

ALDAR Properties PJSC, Abu Dhabi's first and leading property developer, has awarded the 1st major building contract for its AED 54 billion (approx. €10 bln) waterfront project, Al Raha Beach ...

Hines REIT acquires Seattle design center (US)

Hines REIT has acquired the Seattle Design Center (SDC) located at 5701 Sixth Avenue South. The two-building complex is in the growing Georgetown neighborhood, just minutes from downtown Seattle. The ...

Business Bay witnesses 25% jump in property values (UAE)

Owing to its close proximity and easy access to the main city, along with increasing demand for quality office space, Dubai's Business Bay development has witnessed a 25% increase in property ...

AM rounds off take-over IPMMC (NL)

AM has rounded off the take-over of IPMMC Vastgoed. IPMMC Vastgoed is an independent, specialized real estate company, focused on developed, consultancy and management of complex projects. With this t ...

Unibail declares the Exchange Offer for all outstanding shares of Rodamco Europe unconditional (FR/NL)

Unibail Holding S.A. and Rodamco Europe N.V. jointly announce that Unibail declares unconditional (gestanddoening) the public exchange offer (the 'Exchange Offer') made for all the ord ...

Rodamco buys Docks Vauban, Le Havre (FR/NL)

Rodamco Europe has strengthened its position as a major investor in retail in France by agreeing to acquire the Docks Vauban, a shopping and leisure center to be build in the Le Havre harbour area. Vi ...

Carlyle Group buys Swedish property (SE/FR)

Global private equity firm The Carlyle Group, has acquired 12 buildings in the Stockholm area. Through Carlyle Europe Real Estate Partners the group has acquired a portfolio in the Globen area of cent ...

Property underspend keeps the pressure on

Property's attraction for investors is undiminished and there is currently $4 of capital chasing every $1 of investment product according to global real estate adviser DTZ in its research report Money ...

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