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Savills to unveil Europe’s tallest residential tower

Dubai / Emirates Business US-based real estate investment manager Amstar and Polish developer BBI Development SA, are undertaking with Savills the international launch of Zlota 44, one of Europe’s tallest and most luxurious residential towers, located on Ulica Zlota (Gold Street) in central Warsaw. Designed by world renowned architect Daniel Libeskind, the iconic 192 metre high 52 storey tower dominates ...

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Via Outlets to buy $112mn fashion mall

Madrid/ Bloomberg Via Outlets is buying a discount fashion mall on the Spanish island of Mallorca from Varde Partners LP for more than 100 million euros ($112 million), Varde said in an e-mailed statement. Varde acquired Festival Park in December 2011 and tenants including Nike, Calvin Klein and Lacoste helped draw more than four million visitors last year, the company ...

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UK housing crisis takes an ugly turn

London / afp Londoners are getting desperate over rising rents, with residents and students taking to the streets and social media over the cramped conditions tenants are forced to accept. With house-building lagging well behind the population increase in western Europe’s biggest city, prices are soaring beyond anything affordable. “The situation is becoming untenable,” said retired teacher John Ford, 60, ...

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