LONDON-Hotel investment more than doubled to $10.7 billion in Europe, the Middle East and Africa from 2009 to 2010, according to Jones Lang LaSalle, and occupancy and rates increased.
STOCKHOLM- Netherlands-based ING Real Estate Investment Management, recently purchased by CB Richardd Ellis, bought Tyreso Centrum here for a $2 billion fund.
PARIS-The Arena 92 stadium to be built next to the Paris La Défense business district will incorporate extensive office space to ensure maximum use and also contribute to its financing.