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Morgan Stanley Real Estate announces first investment in St. Petersburg, Russia (RU/US)

Morgan Stanley Real Estate's Special Situations Fund III has announced that it has acquired an approximately 25% stake in RBI Holdings, a leading St. Petersburg real estate development company active ...

Construction growth in Turkey continues apace (TU)

Turkey's construction boom is continuing, with the area and value of buildings and the number of dwelling units up by 9.6%, 31.4% and 4.1% respectively last year, according to recently released figure ...

Coldwell Banker unveils its plans for the Romanian market (RO/US)

Coldwell Banker Affiliates of Romania, which has recently entered the real estate market, being involved in brokerage and consultancy services, has announced the future plans of the company and introd ...

FADESA plans to invest €450 million in its first resort on the Atlantic coast of Morocco (MA/ES)

The FADESA Group has been awarded a tender by the Moroccan government to develop an upscale tourist resort in the southern part of the country in Guelmim – Smara, right on the Atlantic coast opposite ...

TDIC partners with Mazrui Holding to build new landmark beach resort in Abu Dhabi (UAE)

Abu Dhabi's Tourism Development & Investment Company (TDIC) has partnered with the UAE capital's Mazrui Holding Company Limited to build a new landmark beach resort, convention center and office/r ...

DEGI invests in office group in Hanovers Pelikan quarter (DE)

DEGI Deutsche Gesellschaft für Immobilienfonds mbH is getting closer to its goal of establishing a diversified German property portfolio of roughly €0.5 billion for DEGI GERMAN BUSINESS by t ...

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 ...

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