Kazakhstan

The European real estate debt market will continue to tighten over 2011, as lenders exercise caution and become even more selective in who they lend to, driven by a combination of both long- and short-term factors, according to CB Richard Ellis’ (CBRE) latest European Capital Markets report.

The sovereign debt crisis, budget cutbacks and rising inflation continue to weigh heavily on much of Europe and will keep economic growth subdued at least into 2012. Uncertainty is particularly high in Ireland, Spain, Portugal, and Italy. In the United Kingdom, an unexpected drop in GDP to -0.6% in Q4 2010 has triggered appre...

Average occupancy costs in Europe will grow 2% year-on-year to 2015, according to the fourteenth edition of DTZ’s annual ‘Global Occupancy Costs: Offices’ survey, published today. Rental increases will drive the forecast rise in occupancy costs across Europe. Other outgoings, such as property taxes and service charges, are al...

Invesco Real Estate has achieved a first close of its second pan-European hotel fund with 85 million euros of equity from four institutional investors. With conservative debt, this provides about 170 million euros of initial capital, with further closings planned over the next twelve months.

AMB Property Corporation today announced the formation of a joint venture between AMB and Allianz Real Estate. The fund is structured as a Luxembourg FCP-FIS and its investment strategy is to acquire, own and operate logistics real estate tied to global trade and located in major seaport, airport and distribution markets in t...

Global cross border investment increased by 60 percent year on year and accounted for 40% (US$130 billion) of all direct commercial real estate investments in 2010 (US$318 billion), according to new research from Jones Lang LaSalle’s global capital markets experts. This proportion is equal to the boom years of 2006-07.

+++ MIPIM: Faded Dreams Under Palm Trees +++ MIPIM Conference Tips +++ Urban mixed-use projects on show at MIPIM +++ Global markets move towards sustainable recovery +++ European property investment activity and valuations diverge further between north and south +++ Foriegn investment flourishes in madrid office market +++ Po...

Recovery is underway in the majority of European housing markets, but uncertainty remains in the region, with considerable performance variations, says the latest RICS European Housing Review launched today in Brussels.

2010 proved to be a year of recovery in EMEA for both hotel operators and investors alike, with investment volumes across the region totalling €7.7 billion, compared to €3 billion in 2009, according to the Hotel Investment Highlights report by Jones Lang LaSalle Hotels. Mark Wynne-Smith, CEO for Jones Lang LaSalle Hotels EMEA...

Exhibitions and events helped Munich hotels register the largest year-on-year growth in Rooms Revenue per Available Room (RevPAR) across European cities polled, according to the latest HotStats survey from TRI Hospitality Consulting.

European commercial real estate investment activity jumped in the final quarter of 2010 to €38.6 billion, representing a 57% increase compared to the third quarter (Q3) of 2010, fuelled by strong growth in the number of large transactions being completed.

European property markets now offer relatively less attractive returns to investors than they did in Q3 2010, with the latest European all-property DTZ Fair Value Index (FVI) Q4 2010 standing at 40, a decline from 55 in Q3. The DTZ Fair Value Index, which measures the attractiveness of commercial real estate markets around th...

Prime headline office rents in Dublin and Madrid dropped by seven and eleven percent, respectively. The highest increase in office rents of 37.5% was registered in Moscow and 23% in the London City. Prague with its prime headline rent of 21 EUR per square meter per month remained stable. This is according to 'Property Times',...

Bucharest, Budapest, Prague, Warsaw and Zagreb, 8th February 2011 - Jones Lang LaSalle presents the latest edition of its quarterly market reports - CEE City Reports Q4 2010. The CEE City Reports cover the main trends in the economy and demand and supply in the investment, office, retail, industrial, hotel and residential mar...

Comment MIPIM Director Filippo Rein is confident that this year's professional property trade show in Cannes will have the same number of exhibitors as last year and that visitor numbers will rise. Considering that in 2010, MIPIM experienced a nearly 40% drop in visitors compared to 2009, these expectations look very optimistic.

Colliers International announced today the appointment of Guy Douetil to lead their corporate solutions platform across Europe, Middle East and Africa. Guy brings over 23 years commercial real estate experience to the position, most recently as EMEA head of new business development and strategic account manager at Cushman an...

Small and independent retailers across Europe benefit from greater access to shoppers and increased footfall when they operate within shopping centres, according to Peter Wilhelm, International Council of Shopping Centres (ICSC) Europe Public Affairs Committee representative speaking within the European Parliament last week.

AMB Property Corporation and ProLogis today announced a definitive agreement to combine through a merger of equals, creating the pre-eminent global owner, operator and developer of industrial real estate. Combined, the companies are expected to have a pro forma equity market capitalization of approximately $14 billion, a tota...