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CBRE appointed joint Gherkin letting agent (UK)

CB Richard Ellis has been brought in to help let the Swiss Re tower at 30 St Mary Axe in the City of London.Norman Forster’s iconic new tower, nicknamed the Gherkin, has struggled to attract occupie ...

Liberty International signs new

Liberty International plc said its wholly owned subsidiary Capital Shopping Centres plc signed a new £650m seven-year term and revolving loan facility with specialist commercial real estate bank Euro ...

CGI makes largest investment ever in the history of open-end funds (UK/DE)

Commerz Grundbesitz-Investmentsgesellschaft mbh (CGI) has bought the London shopping center White City for its haus-invest Europa fund from the British developer Chelsfield.The project development in ...

Oppenheim Immobilien buys in Madrid (ES)

Oppenheim Immobilien KG has bought two office buildings in the center of Madrid for € 60 mln. in a sale-and-lease-back transaction.The office buildings are situated on Principe de Vergara, numbers 1 ...

Workspace buys Southbank House for

Workspace Group plc announced that it has bought Southbank House business centre in London for £16m.The group, which provides flexible business accommodation to small and medium-sized enterprises (SM ...

Grontmij on course in first half (NL)

Highlights first six months 2004: First-half result after taxes EUR 5.1 million (2003: EUR 2.1 million) First-half revenue EUR 250 million (2003: EUR 242 million) Outlook for the full year 2004 in l ...

IVG sells office property in London for €33 million (DE)

In a favourable market situation, IVG Immobilien AG in London sold the office property, Washington House for €32.5 million (GBP 22 million) to the investor group Prudential Portfolio Investment Mana ...

Workspace buys Southbank House for

Workspace Group plc announced that it has bought Southbank House business centre in London for £16m.The group, which provides flexible business accommodation to small and medium-sized enterprises (SM ...

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