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CORESTATE Capital AG to turn around 4,700 apartments in Germany (DE)

BGP Investment s.à r.l. (BGP) and CORESTATE Capital AG, Zug (CORESTATE) have entered into a comprehensive agreement in respect of approx. 4,700 apartments located predominantly in Western Germany. Th ...

Citycon launches construction of Myllypuro shopping center (FI)

Citycon Oyj will build a new shopping centre in Myllypuro, Helsinki. In addition, 255 rented and right-of-residence apartments, all privately financed, will be built in conjunction with the shopping c ...

WGF AG purchases 1,187 homes from Pirelli Real Estate for €56 million (DE)

WGF Westfälische Grundbesitz und Finanzverwaltung AG has acquired a real estate portfolio with a transaction volume of around €56 million containing 1,187 residential units from Pirelli Real Estate. ...

Nieuwe Steen Investments sells 56 Swiss apartments (CH)

Nieuwe Steen Investments NV (NSI) sold 56 apartments located above the Pérolles Centre shopping center in the Swiss town of Fribourg. The sales volume amounts to CHF 13.9 million (€9.4 million).NSI ...

Berlin residential: Germany's most liquid market (DE)

For investment decisions, the liquidity of a given market is the decisive criterion. Before investing into an asset, you need to clarify whether you will manage to find a sufficient number of leads la ...

Investment turnover in Czech Republic down 64% compared to 2008 (CZ)

The total investment turnover reached €400 Million in 2009. According to the most recent study by CB Richard Ellis, both the overall annual investment turnover and the number of transactions closed f ...

The world's tallest building has been opened in Dubai (UAE)

The opening ceremony, held 1,325 days after excavation work started, was attended by some 6,000 guests. The Burj Khalifa was revealed to be 828 meters high, (2,716 ft) far taller than the previous rec ...

Direct investment in commercial real estate in Europe nearly €70 billion in 2009 (EU)

Direct commercial real estate investment in Europe will reach close to

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