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Helical Bar acquires Broadway House, Hammersmith from Joint Fixed Receivers for £14.1 mln. (UK)

Helical Bar plc has completed the purchase of Broadway House, Hammersmith from Joint Fixed Receivers for £14.1 million (€17 mln.), reflecting a net initial yield of 5.7% and a targeted reversionary ...

Brazil's Girrasol Building named Overall Winner of MIPIM AR Future Project Awards (FR)

A distinctive residential block formed by unevenly cascading levels situated on a sloping topography in São Paulo, has been named the Overall Winner in the 10th annual MIPIM Architectural Review Futu ...

Dublin's office vacancy pushed down with no new space in the pipeline (IE)

According to Savills latest office report, lettings activity showed an increase of 25% in 2011, compared to 2010, causing vacancy to reduce from 23% to 21.6%. The international real estate advisor pre ...

Real estate fraud: How to spot the red flags on integrity issues

The recent verdicts in the €250 million (US $330 million) Dutch real estate fraud case have thrown into sharp focus how tempting the large amounts of capital frequently changing hands in property tra ...

Niam disposes of 68 retail properties in Finland (FI)

Niam has disposed of 68 retail properties to Sveafastigheter Fund III and their local asset management partner, Capitol Asset Management.The properties are located all across Finland and comprise a le ...

CoreNet: 83% of corporate real estate executives saw pay increase in 2011

An overwhelming majority – 83% – of those who manage corporate real estate (CRE) portfolios saw increases in their base salary in 2011, according to a global compensation study conducted by CoreNet ...

Investor survey: Germany and Poland seen as winners of the debt crisis (EUR)

The debt crisis in Europe is turning into a stress test for European property markets – and forcing investors to recalibrate their investment strategies. Germany in particular should benefit from inc ...

Multi takes 100% ownership in Italy - becomes Multi Development Italy (IT)

After 6 years of collaboration, Multi and CDS Holding (its 25% partner in Italy since 2005) have decided to follow different strategies for their retail development business; negotiations were just co ...

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