Market Report - Invesco Real Estate (IRE) believes that European institutional investors, in general, will remain risk averse in 2012 and continue to focus on a narrow definition of prime assets, with investors expected to accept more risk during early...
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Market Report - Despite cautious occupier markets, the European office vacancy rate has decreased to 9.9%, marking the first time it has fallen below 10% since Q3 2009, according to the latest research from Jones Lang LaSalle. Meanwhile office rents...
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Germany - Airberlin’s aerospace engineering subsidiary, airberlin technik GmbH has taken a long-term lease of around 3,000 sq m at Segro Service Park Berlin Airport. The rental period will begin immediately after completion of the park in the...
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Austria - conwert Immobilien Invest SE continues the optimisation and expansion of its sales activities in Austria. In this context, new framework conditions were agreed upon for the cooperation with RESAG Immobilienmakler GmbH, which govern sales...
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UK - Helical Bar plc has completed the purchase of Broadway House, Hammersmith from Joint Fixed Receivers for 14.1 million British Pounds, reflecting a net initial yield of 5.7% and a targeted reversionary yield of 8.7%. The acquisition was...
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Global News - The UBS Board of Directors will nominate Beatrice Weder di Mauro and Isabelle Romy for election as new members of the Board at the Annual General Meeting of Shareholders on 3 May 2012 in the Zurich Hallenstadion. Bruno Gehrig, along with...
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Market Report - Jones Lang LaSalle’s Year End 2011 Global Capital Flows report shows there was 410.6 billion US-Dollars of direct commercial investment in 2011, a 28 percent increase over 2010. Highlights from the report include: Cross border...
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UK - City Trustees Ltd, represented by Savills and Barker Storey Matthews, has sold the former Eurodix premises at Morley Way in Woodston, Peterborough to Omega Foundry Machinery Ltd. The asking price was 1.5 million British Pounds.
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UK - ING Real Estate announces the sale of Cruckton Hall to a group associated with the current tenant. Cruckton Hall is part of the ING Real Estate Healthcare Fund which was launched in 2008. Cruckton Hall is currently operated as a school...
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Romania - Jones Lang LaSalle has acted as the exclusive advisor on behalf of the vendors, Ovidiu Sandor and his business partners, for the disposal of the office park City Business Centre in Timisoara, Romania, to the South-African investment fund...
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Spain - According to Savills latest retail report, Spain can expect to see similar muted levels of retail investment to 2011 at circa 520 million Euros as the sector continues to see stalled sales, turnover rent performance and continued rental...
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UK - City Trustees Ltd, represented by Savills and Barker Storey Matthews, has sold the former Eurodix premises at Morley Way in Woodston, Peterborough to Omega Foundry Machinery Ltd for circa 1.5 million.
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Global News - Macro-economic and political landscape uncertainty suggests that a cautious outlook for commercial real estate is likely to persist into 2012 according to a new report from CBRE Global Research. The Global ViewPoint for 2012 notes that...
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Czech Republic - Jones Lang LaSalle announces that its Czech Property Management team was appointed by CA Immo to manage its River City Prague landmark office buildings located in Prague 8. The River City Prague scheme comprises of 3 office buildings -...
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UK - One of UK’s most famous hotels, Cliveden House Hotel is sold to Ian and Richard Livingstone. Christie + Co was acting for the administrators of von Essen Hotels. Christie + Co has now sold 20 properties from the group including the Thorn...
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Market Report - Capital flows into European retail property continue to follow economic performance, with Germany and those markets positioned outside of the eurozone clear favourites with investors, according to the latest data from CBRE.
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Market Report - DTZ, part of UGL Services, a division of UGL Limited released its latest European Investment Market Update. The report showed fourth quarter 2011 commercial real estate investment activity totalled €31.4bn in Q4 2011, a 17% increase on...
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Germany - TAG Immobilien AG has sold its 20-percent stake in Estavis AG at an attractive price. The transaction was executed at the end of January; the parties have agreed to keep the purchase price confidential. TAG Immobilien AG will continue to...
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