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JLL advise TPG on the acquisition of TriGranit, one of the leading developer in CEE

TPG Real Estate, the real estate arm of global private investment firm TPG has closed its acquisition of TriGranit, one of the main fully integrated, real estate platforms in Central Europe. As part of the transaction, TPG acquired the platform along with a portfolio of office and retail assets located in Poland (Bonarka Shopping Centre, B4B), Hungary (Millennium City Centre Offices) and Slovakia (Lakeside Park office building, Metropolis – 47,5 ha land near Bratislava) with additional development sites in the same countries and Croatia.

Q3 preliminary volumes keep CEE on track for a record level of investment activity in 2015

International advisory company JLL presents its preliminary summary of investment transactions concluded in Q1-Q3 period of 2015 on the commercial real estate markets across Central and Eastern Europe (CEE). The summer months have again seen a hive of activity across the CEE with a preliminary transaction volume of well over €2.8 billion recorded in the third quarter.

Bluehouse Capital exits Infopark E

A significant investment transaction was recently completed in Budapest. The Hungarian office of Colliers International represented the seller, Bluehouse Capital, in the sale of Infopark E to a fund managed by Diófa Asset Management. The transaction represents the largest single asset deal in Hungary in 2015. Infopark E is the newest building within the prominent Infopark development project, located in the best performing South-Buda submarket.

Another downtown asset sold by JLL

A former music club located at 15 Sas Street in the city centre of Budapest, has been sold. The Hungarian investor was represented by the international property consultant JLL during the acquisition of the previously Italian privately owned property.

JLL represented AEW Europe in the largest commercial real estate investment transaction since the global financial crisis

International real estate services provider JLL represented AEW Europe in the disposal of their Hungarian real estate portfolio. This transaction is the largest portfolio sale in Hungary since the global financial crisis.

Jay S. Hennick Appointed Chairman & Chief Executive Officer of Colliers International Group Inc.

Colliers International Group Inc (Nasdaq:CIGI) (TSX:CIG) announced last week the appointment of Jay S. Hennick as Chairman and Chief Executive Officer and Dylan Taylor as President and Chief Operating Officer. These appointments follow the resignation of current CEO Douglas Frye.

Colliers International Becomes an Independent Public Company

Colliers International Group Inc. (Nasdaq:CIGI) (TSX:CIG) and FirstService Corporation (Nasdaq:FSV) and (TSX:FSV) announced the completion of their separation into two independent, publicly traded companies – Colliers International Group Inc. ("Colliers") and new FirstService Corporation ("FirstService").

JLL Unveils RED, its Corporate Real Estate Data and Insights Platform

Data science arrives in ground-breaking form in corporate real estate with the launch of JLL’s global data and insights platform, RED. As corporate real estate’s first open and scalable data and analytics platform, RED is a revolutionary approach to uncovering insights that can power business performance and reach new levels of productivity in the workplace and workspace.