Central Europe boosts industrial real estate market

UK - Central Europe continues to play a significant role on the industrial real estate map, and despite the rebalancing of the global economy, the market saw a number of major transactions; last year, around 1.5 million square...
Tuesday, 09. March 2010

European housing showing signs of recovery

UK - Signs of recovery are visible in some European housing markets, especially in sales levels and prices, says the latest RICS European Housing Review launched today in Brussels (2 March 2010).
Monday, 08. March 2010

Arcadis moves headquarters to Amsterdam

The Netherlands - Arcadis will move its international headquarters to Amsterdam. An agreement was reached with Philips Pensioenfonds for the lease of two floors in the Symphony office tower at the Zuidas in Amsterdam, a high quality office...
Thursday, 04. March 2010

Global property markets on the up-investment volumes forecast to reach $478 billion in 2010

UK - According to Cushman & Wakefield’s 2010 Global Investment Atlas, which monitors investment flows in commercial property in 56 countries, global investment volumes are forecast to rise 30% this year, hitting $478bn...
Wednesday, 03. March 2010

European and Asian office market rents stabilizing

UK - The effects of the economic crisis on demand for office space varied across the world’s major office markets in 2009, and there are now widespread differences in their rental characteristics, according to CB Richard Ellis’ (CBRE) new Global Office Rental Cycle report....
Monday, 01. March 2010

European Chain Hotels Market Review - Happy New Year for London hoteliers

Europe - London began 2010 as it ended 2009, with, by far, the highest Gross Operating Profit per Available Room (GOPPAR) across the sample of European cities in the latest HotStats survey from TRI Hospitality Consulting.
Monday, 01. March 2010

Aberdeen acquires the “Turun Sampotalo” property from Redevco

The Netherlands/Finland - Aberdeen European Balanced Property Fund has acquired the “Turun Sampotalo” property from Redevco. The parties have agreed not to disclose the purchase price.
Friday, 26. February 2010

Lease renewals rise as tenant friendly market continues

The Netherlands - According to Savills, lease renewals accounted for 32% of the Dutch office leasing markets in Amsterdam, Rotterdam, Utrecht and The Hague in 2009, compared to 14% in 2008. The international real estate advisor states that...
Wednesday, 24. February 2010

Arcadis Aqumen extends facility managemet contract with DSM

The Netherlands - Arcadis today announced that Arcadis Aqumen, a joint venture of Arcadis and British Carrillion, has signed a contract extension for its facility management contracts with DSM. The extension covers a 4 year period (3 years...
Tuesday, 23. February 2010

2010 to see Moderate rises in take-up and investment volumes up across Europe

Europe - Office take-up in the main European cities is to rise moderately by 9% in 2010, according to BNP Paribas Real Estate. The leading global property adviser also forecast that the investment market will rise sharply with...
Monday, 22. February 2010

Simon Property Group Makes $10 Billion Offer to Acquire General Growth Properties

International - Simon Property Group, Inc. announced that it has made a written offer to acquire General Growth Properties, Inc. in a fully financed transaction valued at more than $10 billion (approx. €7.26 bln.), including approximately...
Friday, 19. February 2010

George Jautze to retire as CEO of ING Real Estate Investment Management

The Netherlands - ING Real Estate Investment Management announced today that CEO George Jautze has decided to retire after a successful career of almost 20 years within the real estate business of ING. William Connelly will assume...
Wednesday, 17. February 2010

BAM: net profit in 2009 approximately €30 million through further impairments property

The Netherlands - The net profit of Royal BAM Group nv for 2009 is expected to be €30 million. This is €70 million less than the previous forecast of at least €100 million.
Tuesday, 16. February 2010

Unibail-Rodamco agrees to sell five Dutch shopping centres to Wereldhave

The Netherlands - Unibail-Rodamco announces that, as part of its strategy to focus on large shopping centres, it has entered into an agreement with Wereldhave to sell five Dutch shopping centres for a total consideration of €235 m,...
Tuesday, 16. February 2010

High investor demand for Bouwfonds European Residential Fund

The Netherlands - In the last few months, the Bouwfonds European Residential Fund has experienced soaring investor interest from institutional investors, with total inflows far exceeding expectations. Set up just prior to the financial...
Wednesday, 10. February 2010
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