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Marriott International buys Munich hotel from the Blackstone Group (UK/DE)

Marriott International has acquired the 4-Star Marriott Hotel in Berliner Strasse in Munich from The Blackstone Group. Jones Lang LaSalle Hotels advised the Blackstone Group on the sale.The 348-room ...

House prices UK to rise by 4% next year (UK)

RICS (The Royal Institution of Chartered Surveyors) expects a rise in UK house prices of 4% in 2006 and 4% in 2007. RICS accurately predicted an expected upturn of 3% for 2005. The modest pick-up in h ...

DEGI will go strengthened into the new year with an expanded range of products (DE)

DEGI will go strengthened into the new year with an expanded range of products (DE)DEGI, Deutsche Gesellschaft für Immobilienfonds mbH, had by 30 November 2005 collected new monies totalling 178.3 m ...

UK government to bring forward legislation for introduction of UK-REITs (UK)

As part of the 2005 Pre-Budget Report, the Government announced that it would bring forward legislation for the introduction of Real Estate Investment Trusts in the UK (UK-REITs) to improve the effici ...

Rodamco Europe and HB Reavis join forces for top retail deal in Slovak Republic (NL/SK)

Listed property investment and management company Rodamco Europe N.V. and HB Reavis Group, developer of commercial real estate in the Slovak Republic, have joined forces regarding shopping center deve ...

Kungsleden divesting, acquiring and investing (SE)

Listed property company Kungsleden AB (publ) is divesting its site leasehold Göta Ark 18 in Medborgarplatsen, central Stockholm. This property is being divested to GE Real Estate for SEK 446 m. It co ...

VastNed Offices/Industrial sells Ridderhaven logistics center in Ridderkerk (NL)

VastNed Offices/Industrial has sold its logistics center in Ridderkerk, the Netherlands, for €31.0 million. In view of its improved solvency due also to sales realised earlier, VastNed Offices/Indust ...

CB Richard Ellis opens associated office in Croatia (CR)

CB Richard Ellis has formed an alliance for a new office in Croatia, in response to growing international interest in the Eastern European country. Vlatko Dubravica and Arn Willems will head up the ne ...

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