UK - Global private equity firm, The Carlyle Group, has entered the UK residential market with a £40 million acquisition of a prime development site in the heart of Chelsea, in a 50:50 joint venture with the Athos Group. This...

Europe - Whilst austerity measures and concerns surrounding sovereign debt in European economies triggered a new wave of economic uncertainty and volatility in financial markets; positive signs increased in the office markets during Quarter 2 (Q2) 2010 according to Jones Lang...

UK/Germany - Henderson Global Investors has launched the German Retail Income Fund (GRIF), a specialist property fund aimed at German institutional investors. The fund will focus exclusively on German retail parks and self-service...

Europe - Vinci completed the acquisition of Faceo from Apax Partners. This acquisition of the European player in facility management has been made through Vinci Facilities, a newly-established company within VINCI’s Energies business line, set up to group together the bulk of the...

Spain - A consortium of RREEF Europe, Area Property Partners and Europa Capital announced that it has completed the acquisition of a second portfolio of Spanish property assets owned by Banco Bilbao Vizcaya Argentaria (BBVA). The...

UK - Pinsent Masons has advised Redefine International plc on its £106m conditional acquisition of five Holiday Inn hotels from the Splendid Hotels Group. The acquisition is to be effected through subsidiary Redefine Hotel Holdings Limited. Fladgates LLP acted for the seller.

Luxembourg - Invesco Real Estate (IRE) announced seven new appointments across its European business covering fund management, asset management, transactions, research and fund accounting, including a director to oversee its fund operations in its newly opened Luxembourg office.

UK - Hotels in London have recorded a rarely achieved room occupancy of 90% during June driving a year-on-year profitability increase of 16% for that month, according to the latest HotStats survey from TRI Hospitality Consulting.

UK - Jones Lang LaSalle has announced three promotions and one appointment in its London-based Planning team.

UK - Phil Tily has been promoted to UK and Ireland Managing Director completing the senior management restructuring at IPD.

Global - CB Richard Ellis Group Inc. reported a return to the black in the second quarter as revenue rose in nearly all its business lines. The net income on a U.S. GAAP basis improved to $54.8 million, or $0.17 per diluted share, for the quarter, compared with a net loss of $6.6...

UK - Jones Lang LaSalle has expanded its Retail Marketing team in the North of England with the recruitment of Rachel Gough based in its Leeds office.

UK/USA - Henderson Global Investors has acquired SouthView Gables Apartments for $40,450,000, including $23,255,000 in favourable tax-exempt bond financing, on behalf of its value-added CASA Partners IV fund. SouthView Gables is...

UK - As was widely expected, UK office market take-up slowed in mid-2010 after an exceptionally strong start to the year. In the three months to June, occupiers took just 1.3 million ft2 of office space, less than half as much...

UK - Acting on behalf of British Waterways and Administrators BDO LLP, Christie + Co has re-let the former Bar Risa/Jongleurs in Nottingham, to Comic Enterprises, owners of the Glee Club, the comedy and music venue group.