PARIS-French real estate associations said a proposed capital gains tax would make some non-prime locations into high tax areas and artificially boost prices.

PARIS- Mike Hussey and Neil Jones have raised €150 million in equity and made an accelerated first financial close for their new office investment company.

PARIS- Mike Hussey and Neil Jones have raised €150 million in equity and made an accelerated first financial close for their new office investment company.

BERLIN-JP Morgan is also involved in bids for the department store portfolio.

BERLIN-JP Morgan is also involved in bids for the department store portfolio.

SARAJEVO-The company is putting money into two projects, a mixed-use project and a hotel in the capital city.

SARAJEVO-The company is putting money into two projects, a mixed-use project and a hotel in the capital city.

TALLIN, ESTONIA-The firm is joining locally-based Smart City for property holdings here. Technopolis' plan calls for establishing operations in two-three new counties by 2014.