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Russia expects 10-year record low of shopping centre completions in 2016
moscow

According to CBRE, uncertain retailer demand as well as expensive and unavailable financing were the major reasons for lowered developer activity in Russia. As a result, completions in 2016 could set ...

Patrizia acquires two hotel properties in Freiburg (DE)
hampton by hilton render thumb

Patrizia Immobilien AG has purchased a real estate development project for two hotels with a total of 380 rooms. The two hotels are expected to open in March 2017 and will operate under the Hampton ...

40% of visitors choose a shopping centre based on dining options
food court image thumb

A new study published by ECE has shown that 40% of visitors base their choice of shopping centre primarily on the available dining options and not on the variety of other stores. 60% of those ...

Rockspring pre-lets Chrome 102 development to DHL (UK)
chrome 102 minworth thumb

Rockspring Property Investment Managers LLP, on behalf of its Hanover Property Unit Trust has announced that it has pre-let its Chrome 102 distribution development at Minworth, Birmingham to DHL on a ...

Starwood and Marriott merger falls through after Chinese firm's offer
marriott hotel image thumb

Marriott International, Inc. has been informed by Starwood Hotels and Resorts Worldwide, and Starwood has announced publicly, that the Starwood Board of Directors has determined that it considers an ...

Corem acquires logistics portfolio for €140m (SE)
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Corem has acquired 21 warehousing and logistics properties with a total lettable area of over 168,500m² for SEK1.3bn (€140m).   The properties are mainly located in Stockholm, ...

Corporate real estate executives see continuing rise in compensation
deals

In a recent survey of corporate real estate executives at large corporations globally, 83% reported that their base salary increased from 2014 to 2015, and 80% projected further increases in 2016, ...

UK sees record year for large industrial take-up (UK)
industrial

Take-up of large industrial property in the UK was at its highest recorded level during 2015, according to Gerald Eve’s latest Prime Logistics bulletin.   Despite a 5% dip in take-up ...

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