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Union Investment offloads an office property based in Munich

The property has a rental area of around 23,700sqm and 325 parking spaces

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ECB foresees inflation in the medium term remaining below the 2% target

Nevertheless, Eurozone inflation will stay elevated for longer than previously expected.

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Up to 180,000 jobs could be lost across the UK Travel & Tourism sector

If wide scale restrictions, such as limiting travel only to those with the booster jab were enforced in 2022, more than half a million jobs could be at stake next year.

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American Tower inks a $10B deal to acquire data centers operator

CoreSite, which as of Q3 2021 consisted of 25 data centers, 21 cloud on-ramps and over 32,000 interconnections in eight major U.S. markets.

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UK’s first ever brand-new hydrogen train fleet yet to come

Alstom and Eversholt Rail ink an MoU to work together on a fleet of ten three-car hydrogen multiple units.

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The global construction sector on track to turn circular

Holcim launched a cement that delivers at least a 30% lower carbon footprint compared to ordinary cement.

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FIAT's Lingotto industrial unit in Turin under an impressive redevelopment

The garden on the historic industrial property's roof top in Turin comprises 300 native plant species.

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BlackRock invests £500M in residential units

BlackRock’s European Property platform and Outpost Management have formed a new joint venture to invest £500 million in UK residential assets, with the objective of building high-quality, multi-family residential housing in key cities where demand outweighs supply.

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GE spins off operations to turn into an aviation-focused firm

GE unveils plans to form three industry-leading, global public companies focused on the growth sectors of aviation, healthcare and energy.

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FED issues a warning for the US real estate sector

China's vast real estate sector troubles can possibly affect the global economy.