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Zorlu wants to alter course of İzmir real estate market (TU)

Zorlu Holding, one of the leading industrial groups in Turkey and an emerging figure in the country's real estate market after buying property worth almost $1 billion, has now turned its face ...

Commerz Grundbesitz expands its French portfolio (FR/DE)

Commerz Grundbesitz-Spezialfondsgesellschaft (CGS), a subsidiary of Commerz Grundbesitz Group, just signed the deed for a logistics project located in Isle d'Abeau near Lyon. The property, selling for ...

Jones Lang LaSalle successfully structures joint venture in Russia (RU/UK/TU)

Jones Lang LaSalle Capital Markets, Russia & CIS have successfully structured a joint venture between the UK based property investment company Raven Russia and the Turkish developer and logistics ...

Hines breaks ground on City Center Pitic in Hermosillo, Mexico (MX/US)

The Mexico office of Hines broke ground recently on its first retail project in Mexico, called City Center Pitic, located in Hermosillo. The Wal-Mart-anchored neighborhood shopping center will be comp ...

Pramerica Real Estate Investors acquires ewerk office and event center in Berlin (DE)

Pramerica Real Estate Investors have announced that it has acquired the famous ewerk office and event center on behalf on institutional investors in its pan-European open-end commingled fund. Prameric ...

JPMorgan announces acquisition of Harenberg City-Center in Dortmund, Germany (DE/UK)

JPMorgan Asset Management - Real Estate (Europe) has announced that a fund advised by it has acquired the Harenberg City-Center in Dortmund, Germany, from Hannover Leasing GmbH & Co. KG. The 18-st ...

Hines sells InPost, 66-70 Avenue Charles de Gaulle in Neuilly-sur-Seine to ING REIM (FR/US/NL)

Hines has announced that it has sold InPost, located at 66-70 Avenue Charles de Gaulle in Neuilly-sur-Seine, Paris, to ING Real Estate Investment Management. Terms of the sale were not disclosed. Hin ...

GE Real Estate sells 5 Savile Row, London, in £51-million transaction (UK)

GE Real Estate UK has sold 5 Savile Row, London, W1 to ING Central London Fund for £51.4 million (approx. €71 mln) reflecting a net initial yield of 4.15% after expiry of rent free p ...

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