Kazakhstan

The real estate investment market is on the rise in the CEE region. Hungary follows the positive regional trend with a small lag. In Budapest new office developments remain at a low level for the time being, however, tenant demand is on the rise and new companies have appeared on the market that are actively seeking new offic...

Preliminary figures released today by Jones Lang LaSalle’s Capital Markets Research reveals that global direct commercial real estate investment volumes totalled just under US$90 billion in the first quarter of 2011. This figure is down 20% from the previous quarter but up nearly 38% from Q1 2010, indicating the continued app...

The 2011 International Council of Shopping Centers (ICSC) European Solal Marketing Awards winners have been announced. The awards celebrate the best of retail marketing, rewarding the most effective campaigns. An incredible 177 entries were received from shopping centres in 22 countries. Six Gold Awards and 21 Silver Awards w...

Wolfgang M. Neumann (49) is Rezidor’s new Executive Vice President & Chief Operating Officer, effective May 9, 2011. He succeeds Jacques Dubois who leaves the company for personal reasons.

As widely expected, the European Central Bank (ECB) raised the main refinancing (refi) rate by 25 bps to 1.25 percent. They also lifted other key rates by 25 bps, leaving the interest rate "corridor" unchanged. This is the first change of official rates in the Euro area since May 2009. Grant Fitzner, Head of EMEA Research a...

EC Harris has won a three-year contract with Infiniti Europe, the luxury automotive brand from Japan, to be the lead consultant on its 2011-2014 network development plan. The plan will initially see Infiniti expand its footprint to an anticipated total of 59 showrooms across Europe by the end of this financial year.

Nearly two-thirds (64 percent) of the participants in a comprehensive global survey of senior level corporate real estate and workplace executives reported that they received an increase in their base salary last year, according to CoreNet Global, the leading professional association for corporate real estate, which administe...

Jones Lang LaSalle has launched today its latest Central and Eastern European research paper entitled 'Workplace Mobility'. The paper begins to touch on the subject of future offices and working practices as part of an ongoing research series 'Offices 2020', that will look at the future of real estate over the next 10 years. ...

Strong growth in the investment banking sector is prompting a shift to outsource back office operations to lower cost economies, according to CB Richard Ellis.

A current analysis of various indicators has revealed that the European residential ownership market is not developing homogenously. While there is no current risk of a new price bubble on any markets, price corrections seem very likely in many residential ownership markets. This is particularly true for Ireland, Spain, and t...

Strong economic growth in the world’s emerging markets is driving global corporates to refocus investment decisions. The move is resulting in higher demand for office space in Latin America and Asia Pacific regions, where strong growth and promising economic conditions exist, according to CB Richard Ellis’ latest Global Off...

Leading global real estate companies dedicated to assessing and improving the environmental performance of existing buildings. These companies include AEW Europe, Allianz Real Estate, AXA Real Estate, GE Capital Real Estate Europe, ING Real Estate Investment Management, KanAm Grund and LaSalle Investment Management, together ...

Dublin hotels shrugged-off the economic woes of Ireland during February and recorded an astonishing growth in profits of more than 40%, according to the latest HotStats survey from TRI Hospitality Consulting.

Corporate confidence is boosting activity in top tier office markets around the world, leading to accelerating early cycle rental growth and robust capital value growth in prime assets, especially where new quality supply is limited, according to Jones Lang LaSalle’s inaugural, quarterly Global Office Outlook report. The firm...

While many governments around Europe have actively considered disposal of public-owned real estate assets to assist their deficit-reduction plans, the latest evidence indicates that significant challenges remain in executing these programmes, according to a new report by CB Richard Ellis.

Jones Lang LaSalle today announced the firm is donating 100 million yen (approximately $1.25 million) to the Japanese Red Cross to provide aid and relief directly to those most in need following the Japan earthquake and Pacific Tsunami that have left a path of destruction in their wake. The Red Cross is a charitable organiz...

Goodman-led Consortium acquires all of the ordinary units by ING Industrial Fund (IIF). The transaction remains subject to a court hearing which is scheduled for Friday, 18 March 2011.

Real estate investment turnover in Central and Eastern Europe (CEE) reached €1.2 billion in the first two months of 2011, according to new research released today by CB Richard Ellis (CBRE). This figure includes the acquisition of Oesterreichische Volksbanken AG’s Europolis real estate unit by CA Immobilien Anlagen AG announc...