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CORESTATE Capital acquires ailing residential portfolio of 2,300 apartments for €77 mln. (DE)

CORESTATE Group just acquired a residential real estate portfolio in need of restructuring and consisting of 137 properties (about 2,300 apartment units) for the price of approximately €77 million. M ...

New Dubai property ruling for the common good (UAE)

Dubai property owners now have the opportunity to play an active role in the management and operation of their towers and communities as the new regulations which provide the framework for the 'Dubai ...

Coalition commitment to zero carbon new homes is timely and right (UK)

The UK Green Building Council today warmly welcomed the Housing Minister Grant Shapps' commitment to the target for all new homes to be zero carbon from 2016. The new minister was speaking at an event ...

IPD European Property Investment Awards 2010: The Winners (EU)

Amsterdam, 28th May 2010: IPD last night presented the 16 winners of its European Property Investment Awards, after the Gala Dinner reception at its annual European Conference. The Awards – presented ...

Real estate sector to fall short of sustainable criteria by 2020 (EU)

One in five surveyors globally believe that 90% of the commercial real estate stock will still fall short of meeting good sustainable standards by 2020 without rethink of green incentives, says the RI ...

Legal & General and Mitsubishi launch Piano's first UK scheme (UK)

Legal & General Property and Mitsubishi Estate Company today launched Central Saint Giles, the first completed development in the UK by internationally-acclaimed architect Renzo Piano. The strikin ...

IPD: Global real estate returns deteriorate over 2009

The spread of investment performance across global property markets, at 32 percentage points, contracted for the first time in the nineyear history of the IPD Global Property Index. The index delivere ...

Rakeen confirms ongoing drive to offer high returns on Uptown Tbilisi towers (GE)

Rakeen Development has confirmed its ongoing drive to offer high returns and low risk commercial property investment opportunities. Rakeen has now launched the sale of 50% of the Uptown Tbilisi reside ...

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