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13 May 2010
Saudi bin Laden unit launches development arm

Jiwar Real Estate Management & Marketing, a unit of the Saudi Bin Laden Group, on Tuesday announced plans to set up a development division with paid-up capital of SR250m ($66.6m) / Source: Arabian Business

13 May 2010
Qatar Pays $2.2 Billion for London's Historic Harrods

Harrods, the world's most recognized department store, has new owners today. Qatar Holding LLC paid the family trust of Mohamed Al-Fayed $2.2 billion (1.5 billion pounds) for the 161-year-old, one-million-square-foot (90,000 square meters) London retail landmark / Source: Real Estate Channel

12 May 2010
Carrefour Working on Franchising Setup for India

Carrefour SA said it may opt for a franchise model in India, allowing the worlds second-largest retailer to expand in the market while meeting laws barring foreign companies from owning multibrand retail stores / Source: Bloomberg

12 May 2010
Benetton Shares Gain After Quarterly Profit Beats Estimates

Benetton Group SpA, Italys biggest clothing retailer, rose the most in seven months in Milan trading after reporting first-quarter profit that beat analysts estimates / Source: Bloomberg

06 May 2010
London Retains Slot as Worlds Priciest Office Market

Londons West End remained the worlds most expensive office market as occupancy costs fell globally by an average of 4.6 percent in the year ended March 31, CB Richard Ellis Group Inc. said / Source: Bloomberg

06 May 2010
Matrix European sells Vienna tower for ?212m

Matrix European Real Estate Investment Trust has completed the sale of an office tower in Vienna for ?212.25m / Source: Property Week

05 May 2010
H&M owner buys Regent Street block

The Swedish billionaire owner of H&M, the fashion retailer, has bought Shearer Property Group and Delanceys Regent Street block in a £225m deal / Source: Property Week

05 May 2010
Carrefour Holds Talks With Potential Partner in India

Carrefour SA, Europes biggest retailer, is holding talks with a potential partner to expand in India, Chief Executive Officer Lars Olofsson said / Source: Bloomberg

04 May 2010
CBRE Investors makes European fund debut purchase

CB Richard Ellis Investors has bought a West End office block for £31.7m in the first acquisition for its Pan European Core (PEC) fund / Source: Property Week

04 May 2010
Wyndham to Buy Assets, Introduce Days Inn, Super 8 in Australia

Wyndham Vacation Resorts Asia Pacific, a unit of Wyndham Worldwide Corp., plans to spend at least A$20 million ($18.5 million) this year in Australia and New Zealand to buy properties and introduce its Days Inn and Super 8 brands in the region / Source: Bloomberg

30 Apr 2010
CBRE reports first quarter loss of $6.6m

CB Richard Ellis today reported improved financial results for the first quarter - but still made a loss / Source: CB Richard Ellis

30 Apr 2010
Metro Loss Narrows as Sales Rise for First Time in 5 Quarters

Metro AG, Germanys largest retailer, said its first-quarter loss narrowed as sales rose for the first time in five quarters and the company cut expenses / Source: Bloomberg

29 Apr 2010
JLL reports first quarter $0.2m profit

Jones Lang LaSalle returned to the black in the first quarter thanks to the bounce back in global property markets / Source: Jones Lang LaSalle

29 Apr 2010
Sands Sale of Macau Property May Raise $12 Billion

Las Vegas Sands Corp. Chairman Sheldon Adelson said the planned sale of the casino operators Macau malls and apartments may raise as much as $12 billion and recoup their construction costs / Source: Bloomberg

28 Apr 2010
Emaar to Build Armani Hotel in Milan After Dubai Opening

Emaar Properties PJSC, which today opened its first hotel with fashion designer Giorgio Armani in Dubai, plans to build a second one in Milan, Chairman Mohamed Alabbar said / Source: Bloomberg

28 Apr 2010
Abu Dhabi Prime Office Rents Drop as Developments Boost Space

Rents for the best office buildings in Abu Dhabi fell for the sixth straight quarter as new developments increased the amount of available space, CB Richard Ellis Group Inc. said / Source: Bloomberg

27 Apr 2010
Korea Pension to Buy Berlin Building for $768 Million

South Koreas National Pension Service, the nations biggest investor, may buy Berlins Sony Center from a Morgan Stanley real-estate fund for about 850 billion won ($768 million) / Source: Bloomberg

27 Apr 2010
RXR Said to Be in Exclusive Talks for NYCs 340 Madison Tower

Real estate investor Scott Rechlers RXR Realty LLC is in exclusive discussions to buy 340 Madison Ave., a 22-story midtown Manhattan office building, from Broadway Partners, a person familiar with the deal said / Source: Bloomberg

26 Apr 2010
RBC Said to Seek Buyer for Loan on New Yorks Lipstick Building

Royal Bank of Canada is seeking a buyer for a $210 million mortgage on the Midtown Manhattan office building where Bernard L. Madoff ran the biggest Ponzi scheme in U.S. history, according to a person with knowledge of the matter / Source: Bloomberg

26 Apr 2010
Karstadt Administrator Examines Offer From One Bidder

Karstadt, the department-store unit of insolvent German retailer Arcandor AG that is up for sale, received one offer by the end of a deadline for bidders today / Source: Bloomberg

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