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03 Jul 2013
Time Warner Said Near Deal to Sell Manhattan Headquarters

Time Warner Inc. (TWX) is close to a deal to sell its headquarters to Related Cos. for more than $1.3 billion and move to a new skyscraper planned on Manhattan’s far west side, a person with knowledge of the negotiations said.  / Source: bloomberg

03 Jul 2013
Ex-Tiffany Executive Charged in $1.3 Million Jewel Theft

A former Tiffany & Co. (TIF) executive was charged with stealing jewelry from the company and selling it for $1.3 million. Ingrid Lederhaas-Okun, 46, a former Tiffany vice president, was arrested today at her home in Darien, Connecticut, and charged with wire fraud and interstate transportation of stolen property, according to a statement from the office of U.S. Attorney Preet Bharara in Manhattan.  / Source: bloomberg

02 Jul 2013
AXA Real Estate returns to Spain as euro break-up fears ease

AXA Real Estate, Europe's largest property fund manager, has bought its first office blocks in Spain since the start of the financial crisis, tempted by the relatively high yields on offer despite fears of a euro zone break-up receding. / Source: reuters

27 Jun 2013
Vodafone Reaches Deal to Buy Kabel Deutschland

Vodafone Group Plc (VOD) agreed to buy Kabel Deutschland Holding AG (KD8) after increasing its bid for Germany’s largest cable company to 7.7 billion euros ($10.1 billion) in the second-biggest takeover of a telecommunications network in Europe this year.  / Source: bloomberg

25 Jun 2013
China Billionaire Invests $1.6 Billion in London Land

Dalian Wanda Group (DLWGCZ), the Chinese developer controlled by billionaire Wang Jianlin, is investing 1 billion pounds ($1.6 billion) in a British yachtmaker and a London site to build Western Europe’s tallest residential tower.  / Source: bloomberg

19 Jun 2013
Empire State Building gets 'left-field' $2 billion offer to sell

A New York City real estate company offered to buy the Empire State Building for $2 billion, a written offer showed, significantly below the skyscraper's appraisal price and about three weeks after investors in the iconic building approved a plan to take the tower public in a real-estate investment trust. / Source: reuters

17 Jun 2013
Microsft Teams With Best Buy to Promote Windows Computers

Microsoft Corp. (MSFT) is teaming up with Best Buy Co. (BBY) to promote machines with its latest Windows 8 operating system as the software maker and electronics retailer try to combat the worst personal computer slump on record.  / Source: bloomberg

14 Jun 2013
China group plans $40bn Panama Canal rival

A $40bn proposal for a little-known Chinese company to dig an interoceanic rival to the Panama Canal won overwhelming backing from Nicaraguan lawmakers on Thursday, despite environmentalists’ opposition and doubts about its economic viability. / Source: Financial Times

06 Jun 2013
Starwood, others to invest more in Le Meridien

Starwood Hotels & Resorts will invest another $1 billion in Le Meridien to help support a pipeline of hotels expected to open within the next year. / Source: bloomberg

04 Jun 2013
Hilton Announces Three New Hotels to Turkish Development Pipeline

Marking the start of the Turkey and Neighbours Hotel Investment Conference 2013, Hilton Worldwide today announced the addition of three new hotels to its Turkish pipeline, demonstrating the accelerating growth of the company's portfolio in Turkey and making it the first operator in the country that will surpass 10,000 rooms operating and under development. / Source: hotelnewsresource

03 Jun 2013
Carlyle Sets Record With $1.3 Billion Sale of NYC Tower

Carlyle Group LP (CG)’s $1.3 billion deal to sell 650 Madison Ave. will set a record based on the per-square-foot price for the office tower, driven by its retail space in the heart of midtown Manhattan’s Plaza district. / Source: bloomberg

31 May 2013
Carrefour allies with CFAO to expand into Africa

Retailing giant Carrefour is teaming up with CFAO to expand into eight central and west African states and to open stores in shopping centres to be built by the Africa-centred distributor. / Source: thepeninsulaqatar

29 May 2013
Carlyle Buys 49% Stake in Two Chinese Shopping Malls on Demand

Carlyle Group LP (CG), the world’s second-largest manager of alternative assets, bought a minority stake in two Chinese shopping malls, seeking to tap a retail property boom spurred by rising domestic consumption. / Source: bloomberg

28 May 2013
Louis Vuitton designs its own slowdown

For the first time in two years, Louis Vuitton will next month throw open the doors of its 1859 Paris workshop, inviting the public to “discover the exceptional savoir-faire in this emblematic site”. / Source: Financial Times

28 May 2013
Gap back on trend: profit rockets

Gap Inc. is back on trend after a long struggle to strike the savvy’s consumer’s chord. The owner of eponymous label Gap, Old Navy and Banana Republic has reported a 43 percent hike in its first-quarter net income. / Source: fashionunited

24 May 2013
Royal Wharf, one of London’s largest development opportunities, goes to market

Knight Frank announces the launch of Royal Wharf, a substantial residential-led, mixed-use development of 37 acres (15 ha) with extensive River Thames frontage, located in London‟s Royal Docks, and being sold on behalf of Ballymore. The site has planning consent already in place for a 363,000 sqm development, with 3,385 homes, a new school, shops, offices and riverside restaurants, catering for a population that is estimated to reach 10,000 by completion. Royal Wharf is the largest London development opportunity to come to market since Battersea Power Station (2012).  / Source: ?????????.??

23 May 2013
CORIO : closes contract for the first Primark in France

Corio has signed a contract with Primark to open a 7,500 m2 flagship store in Grand Littoral in Marseille. The Primark store will anchor the redeveloped 'Zone Azur' part of the shopping center. / Source: 4-traders

21 May 2013
Dubai-style island off coast of Barcelona provokes dismay

Plans for a Dubai-style man-made island created off the coast of Barcelona, featuring Europe's tallest hotel have provoked dismay in the Catalan city.  / Source: telegraph

21 May 2013
Qatar Buys 40% Stake in Milan’s Porta Nuova Business District

Qatar Holding LLC, a unit of the Persian Gulf emirate’s sovereign-wealth fund, agreed to buy a 40 percent stake in Milan’s newly built Porta Nuova business district to expand its Italian real estate holdings. / Source: bloomberg

20 May 2013
ECE starts construction of shopping center Aquis Plaza in Aachen

Start of construction on the new shopping gallery in downtown Aachen: On May 16, 2013, the project partners ECE and STRABAG Real Estate together with the Lord Mayor of Aachen, Marcel Philipp, broke the ground on the project, worth ?290 million, at Adalbertstrasse. / Source: europe-re


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