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Optima A office building in Budapest sold (HU)

A large Austrian stocklisted property company operating in Central, Eastern and South-eastern Europe, has purchased the 6,000 m2 Optima "A" Center office building. Optima "A" Office Building is locate ...

BVIC Group to develop 8,000 sqm land plot (GR)

Babis Vovos International Construction Group (BVIC) was awarded the development of an 8,000 m² land plot at 108-110 Athens Avenue, following an open bid by the Hellenic Exchanges SA (HELEX). BVIC wil ...

ING joins offshore property trust boom with IPO (NL/UK)

ING Real Estate Investment Management became the latest in a string of fund managers on Monday to announce an initial public offering of an offshore property trust. The IPO of the Guernsey-based ING R ...

Office markets in Zurich and Geneva continue to diverge (CH)

The differences between the Geneva and Zurich office markets have persisted into 2005. The outlook for Geneva is well-balanced. So far in 2005 occupier demand has been relatively strong, supported by ...

Goldman Sachs AM gets €14.8 bln inflows (Global)

Goldman Sachs' asset management business had $18 bln (€14.8 bln) of net asset inflows in its fiscal third quarter. Goldman said assets under management rose 22% over the prior year period to a new hi ...

British Land sells 2-16 Baker Street, London W1 for £57.20 million (UK)

British Land is selling its interest in 2-16 Baker Street, London W1, to McAleer & Rushe Ltd. for £57.20 million, significantly above its March 2005 book value. Completion is due to take place sh ...

Extraordinary General Meeting Kungsleden (SE)

Kungsleden AB (publ) held yesterday an Extraordinary General Meeting which approved the Boards decision on a rights issue dated 16 August 2005. The preferential rights issue aims to create the financ ...

Cityscapes billions confirm there's no business like show business (AE)

UAE and regional industry receives a Dhs 100 billion (€24.4 bln, $31 bln) boost from the Middle East's premier real estate show The Middle East real estate industry has received a ma ...

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