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» Chronological View: " Economy & Financial " «

Nordic property shares trend downwards since all-time high in September last year

Nordic property shares have trended downwards since all-time high in September last year. Former valuation premiums have disappeared and many companies are now trading at a discount. In particular, smaller property shares outside the main list have taken a large hit, according to the new report Pangea Nordic Listed Overview f...
Friday, 26. May 2017

Investor demand for European real estate remains strong

Following a strong end to 2016, European commercial property investment volumes eased to €44.2 billion in Q1 2017, an 8.3% decrease compared with the corresponding quarter of 2016. However, according to the latest research from Knight Frank, contrasting trends were observed in the continent’s largest markets. On a year-on-yea...
Friday, 26. May 2017
Komandorska 12 receives LEED Gold certificate

Komandorska 12 receives LEED Gold certificate

PZU’s office building in Wrocław – Komandorska 12 – has been recognized with an LEED Gold certificate. The building includes systems that control water, heat and energy consumption. Its architecture ensures access to natural daylight on 80% of floor space. Furthermore, the building’s advantages include its location which enco...
Friday, 26. May 2017
Hortons’ Estate announces investment plans for the Grand Hotel in Birmingham

Hortons’ Estate announces investment plans for the Grand Hotel in Birmingham

The redevelopment of The Grand, in Birmingham, will be completed with the opening of a 180-bedroom hotel. Hortons’ Estate, owner of the Grade II* listed building on Colmore Row, has signed a conditional partnership agreement with the Principal Hotel Company, which owns and operates 39 hotels across the UK. The hotel at The Gr...
Friday, 26. May 2017
Colliers International promotes two to Senior Associate

Colliers International promotes two to Senior Associate

Colliers International announces the promotion of Lukáš Litera and Lukáš Svobodník from Associate to Senior Associate positions. Lukáš Litera has over 15 years of experience in project management, office relocation consulting, facility management, procurement, space planning and developing new business. In his position at Col...
Friday, 26. May 2017
Cushman & Wakefield appoints Tamara Szántó to Head of Office Agency

Cushman & Wakefield appoints Tamara Szántó to Head of Office Agency

Cushman & Wakefield announces that Tamara Szántó has been appointed Head of Office Agency with immediate effect. Szántó joined Cushman & Wakefield in 2010 as a Negotiator and was promoted to Associate in 2015. Szántó’s recent appointment to lead the office agency department reflects both her exceptional results delivered and ...
Friday, 26. May 2017
Crosslane Student Developments submits planning application for new student accommodation

Crosslane Student Developments submits planning application for new student accommodation

Crosslane Student Developments, part of the Crosslane Group, has submitted a planning application in Swansea for a high-quality purpose-built student accommodation development on The Kingsway, Swansea with an anticipated gross development value of €27.5 million (c.£24 million). The proposed six storey scheme, rising to 11 sto...
Friday, 26. May 2017

Staytoo plans University accomodation in Lisbon

Staytoo, a player in the German housing market for students and young professionals, selected Portugal as the first destination for the expansion of its micro-living accommodation model. The company, which is based in Hamburg, is preparing to open its first residence in Lisbon in 2019, and is now looking at Portugal's service...
Friday, 26. May 2017

Topland issues €172m of new loans in 2017

Topland Group’s structured finance division has issued €86 million (£75million) of new loans and joint venture funding focussed on non-residential assets during the first quarter of 2017. This, alongside some €86 million (£75million) of residential lending, puts it on course to hitting its target of €459 million (£400 million...
Friday, 26. May 2017
Medici Living Group appoints Klaus Kortebein to Advisory Board

Medici Living Group appoints Klaus Kortebein to Advisory Board

The Medici Living Group has appointed Klaus Kortebein (49) as a member of its Advisory Board. Kortebein, previously the Managing Director of Global Key Accounts for the EMEA region of CBRE Global Investors, is to assist the Berlin based company in the acquisition of major projects with a total rental area of up to 10,000 squa...
Wednesday, 24. May 2017
Benson Elliot appoints Trish Barrigan as Managing Partner

Benson Elliot appoints Trish Barrigan as Managing Partner

Benson Elliot has announced a number of management changes to support the company's ongoing strategic growth and development. All changes will take effect from 1 January 2018. Marc Mogull will transition from his current role as Managing Partner to Executive Chairman and Chief Investment Officer. Trish Barrigan, who co-founde...
Wednesday, 24. May 2017

KfW doubles green bond portfolio

KfW amplifies its green bond investment activities. Since 2015, KfW has been building up a dedicated green bond portfolio backed by a promotional mandate from the German Federal Ministry for the Environment. As the portfolio is growing faster than initially planned, KfW now doubles the target volume from €1 billion to €2 bill...
Wednesday, 24. May 2017
Scarborough appoints Paul Holcroft as Head of Commercial Leasing

Scarborough appoints Paul Holcroft as Head of Commercial Leasing

Scarborough International Properties Limited has appointed Paul Holcroft as Head of Commercial Leasing. In this role, he will have overall responsibility for leasing, new business and commercialisation for the Company’s Northern Powerhouse projects. Based in Leeds, Holcroft has more than 10 years of experience in the real est...
Wednesday, 24. May 2017

Office rents remain stable in the first quarter of 2017

According to an Office Market Snapshot by Cushman & Wakefield, GDP growth in 2016 was 2.3% with 2017 forecasts at 2.4%. Office rents remained stable in the first quarter of 2017. Yields in secondary markets strengthened whilst prime yields were static compared with the previous quarter. The positive economic situation continu...
Wednesday, 24. May 2017
JLL expands the Research team in Russia & CIS

JLL expands the Research team in Russia & CIS

JLL has announced key appointments to further strengthen its Research Department. Olesya Dzuba and Oksana Kopylova joined the leading consultancy from CBRE. Olesya Dzuba re-joined JLL team as Head of Research in Russia & CIS. Dzuba is a well-known expert in real estate research with solid analytical background and a proven tr...
Wednesday, 24. May 2017

Raven Russia Limited signs Memorandum of Understanding with the Russian Co-Op

The Board of Raven Russia has signed a memorandum of understanding (MOU) with the Central Union of Consumer Cooperatives for the Russian Federation (the Co-Op) to develop a nationwide network of wholesale distribution centres for agricultural products. The MOU provides for the parties to create a network of modern warehouse s...
Tuesday, 23. May 2017