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Retails top Portuguese commercial property market in 2006 (PT)

All property total returns in Portugal reached 12.0% for 2006, the highest since 2002, and significantly higher than the bond return of 0.2% and the inflation rate of 2.5%. However equities outperform ...

GE Real Estate acquires retail portfolio in Germany (DE/US)

GE Real Estate Germany has strengthened its retail position in Germany with the acquisition of a portfolio of retail outlets from a private individual for €30 million. The portfolio comprises ...

Hines begins construction on second residential development in Monterrey, Mexico (MX/US)

The Monterrey office of Hines has announced that construction is underway on Retama, its second residential project in the city. Situated on a hillside above the rapidly growing Cumbres neighborhood, ...

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 ...

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