British Council appoints CBRE as global property partner (UK) The British Council, a Royal Charter charity, which specialises in international education and has its global headquarters in London, operates in 109 countries with over 7000 staff. CBRE will provide services across the British Council’s portfolio, which is in excess of two million sq ft comprising 270 commercial properties including teaching centres and offices. More »

CBRE: European offices outperform retail in Q4 2012 (EU) Office properties were Europe’s best performing commercial real estate sector in Q4 2012, according to CBRE’s latest European Valuation Monitor, which measures capital value movements based on the company’s ongoing valuation of investment portfolios across the region. More »

CBRE: Hong Kong most expensive global retail market - London, Paris and Moscow in the top-10 CBRE’s quarterly survey, which tracks the top-10 most expensive prime global retail markets, continued to find historically low construction... More »

CBRE: Improved economic sentiment in 2013 to set stage for real estate recovery in Europe in 2014 (EU) European property markets faced a difficult economic environment in 2012, with heightened fears of a euro break up in the first half and output flat or falling across almost all the continent by the year end. More »

Google to develop new UK headquarters on a 2.4 acre plot at King's Cross (UK) The building is scheduled for completion in 2016. Subject to... More »

Peel to sell prime industrial scheme in Kent (UK) Built in 1997, Spade Lane is fully let and secured to two strong 5A1 rated covenants – International Produce Ltd (with Asda Stores Ltd as guarantor) and Intier Automotive Interiors Ltd (wholly owned by Magna International). More »

CBRE: Hong Kong-Central remains world's most expensive office market Hong Kong Central led the 'most expensive' list with overall occupancy costs of US $246.30 per ft² per year. This topped London’s West End, which had total occupancy costs of US $219. More »

CBRE: European investment activity rises in Q3 2012 compared with Q2 2012, driven by London market (EU) By far the strongest trend was evident in the UK, which saw €11.9 billion of transactions completed during the quarter, an increase of 40% on Q2 2012 as well as Q3 2011. More »

European retail investment grows in Q3 2012 despite lack of product (EU) The Q3 2012 figure is 18% down on both the Q3 2011 level and that for the last three-year quarterly average, with lack of product being the main issue that investors are facing. More »

CBRE: European banks dispose of €7.5 bln property loan portfolios year to date (EU) The 14 transactions tracked have seen the region’s lenders dispose of a range of loan portfolios including those secured against assets in the USA and Australia as well as in Europe. More »

Pramerica announces sale of five UK Sunrise senior living facilities for £154 million (UK) Pramerica Real Estate Investors is the European arm of the real estate investment management and advisory business of Prudential Financial, Inc. More »

Hammerson to acquire Leeds' landmark Victoria Quarter (UK) The Victoria Quarter has successfully established itself as a leading luxury retail destination. More »

Coral agrees 840 bed student accommodation investment (UK) Both sites will be developed and operated by leading student accommodation provider, Victoria Hall Management (UK) Ltd. More »

SEB Asset Management lets entire London property after successful repositioning (UK) The property, part of the portfolio belonging to the SEB ImmoPortfolio Target Return Fund open-ended real estate fund, underwent extensive... More »

CBRE: 25% increase in new shopping center space to be delivered in Europe in 2012 (EU) CBRE’s Shopping Center Stock in Europe research examines existing shopping centers and those under construction in Europe of 10,000 m² and above. More »

British Land acquires 50% stake in Eden Walk Shopping Center (UK) The acquisition forms another joint venture between British Land and USS, who will continue to hold the remaining 50% stake. More »

CBRE: UK and France drive European property investment in Q2 2012 (EU) Investment turnover in the European commercial real estate market showed a further slight downturn in Q2 2012, falling to €24 billion from the €27 billion recorded in the first quarter. More »

Orion and Quadrant Estates to develop former Daily Mail HQ (UK) Designed by architects Fletcher Priest, the building will offer 20,000 ft² office floor plates. More »

CBRE: Regional office take-up buoyed by corporate requirements (UK) Despite the UK’s return to recession in the first half of the year, CBRE’s Regional Offices Marketview reveals that this improvement is... More »

Coral student fund backs Round Hill's acquisition of Nido portfolio (UK) The Nido portfolio comprises 2,526 beds across three prime London schemes situated in Kings Cross, Spitalfields and Notting Hill. More »