PARIS-Spanish developer Faseda and Saudi entrepreneur Sheikh Mohamed Bin Issa Al Jaber have both left the $1.3 billion project.

ATHENS- Greece is rapidly putting in place new laws to fast-track inward investment into real estate and industry, particularly deals larger than $260 million.

LONDON- Slower rental growth and a widening divergence between capital values of prime and secondary offices will see investors shift focus in 2011 to secondary assets in Europe.

BERLIN-Germany, the Nordics and central and eastern Europe will be of particular interest, according to CBRE, though Greece, Spain and Portugal are still possible trouble spots.

MADRID-Banco Sabadell took over the 600,000-square-foot new Avenida de America office complex after developer Reyal Urbis ceded the complex to cancel its debt.

FRANKFURT-The local company will also pick up two major developments in Frankfurt and Hamburg, now that pre-lease demand is rising.

PARIS-Sogecap's D2 tower, Unibail-Rodamco's Tour Majunga and Phare, and another property by Italian insurer Generali, add toward the 3.2 million square feet of office space planned.

MILAN-The two companies have created Idea Fimit, which will be Italy's largest independent real estate asset management firm.