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Global housing market downturn gathering pace

The world's housing downturn is gathering momentum, according to the latest world-wide survey of house price indices prepared by the Global Property Guide. During 2011, house prices fell in 22 countri ...

Portfolio of 47 malls makes Cogest a leader in the Italian market (IT)

In spite of global economic threats and of enduring difficulties in local market, there are few Italian companies performing outstanding results. Among them, Cogest Italia and Mall System deserve a ...

First tenant for SEGRO Industrial Park Wroclaw (PL)

SEGRO, Europe's leading owner-manager and developer of industrial property, has already started preparation works on the construction of the new development in Wroclaw. The first phase consisting of 7 ...

European Commission consults on barriers to energy efficiency in buildings (EU)

On 15 February, the commission launched a public consultation on the "Financial Support for Energy Efficiency in Buildings". This consultation – running until 18 May – aims to identify the market fa ...

Native Land and Grosvenor complete £50 mln. Alpha Place purchase (UK)

Joint venture partners Native Land and Grosvenor have confirmed the acquisition of a prime residential site at Alpha Place in Chelsea for £50 million (€59 mln.) and also announce a £90 million faci ...

Pullman adds two new hotels in Munich and Eindhoven to its European network (DE/NL)

After opening its eighth German establishment in Munich in January, Pullman inaugurated its first hotel in the Netherlands on February 9. With these two new properties Accor's upscale brand continues ...

EBS REMI and CORESTATE Capital: Distressed Real Estate Debt research cooperation (EUR)

Markets may see an ascending number of distressed real estate debts over the second half of 2012 as a result of increasingly tight capital markets. By 2014, Europe may experience a funding gap of €20 ...

Hines Secures 7 Bryant Park address for new trophy Tower on Avenue of the Americas (US)

Hines, the international real estate firm, has secured approval to use the 7 Bryant Park address for its new, 470,000 ft² (43,530 m²) trophy office tower overlooking Bryant Park. The 28-story buildi ...

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