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RICS: Optimism is returning to the market (EU)

Most European real estate professionals are confident in the future of the market and are seeing some improvement in the way they are rewarded at work, according to the latest RICS & MacDonald Eur ...

IPD: UK property performance was driven by portfolio structure in 2010 (UK)

The 16.4 percentage point spread of returns across best and worst performing investors in UK commercial property in 2010 was driven by huge variations in portfolio structure, delegates at the IPD UK A ...

Rockspring acquires City of London refurbishment project for £23.75 mln. (UK)

Rockspring Property Investment Managers LLP announces that, on behalf of NPS European Property LP, it has acquired 63 St Mary's Axe, London EC3 for £23.75 million (approx. €27.6 million) from Thread ...

Union Investment Real Estate expands shopping center portfolio in Italy (DE/IT)

Union Investment Real Estate GmbH has added another Italian property to its €4.5 billion international retail portfolio. The Hamburg-based property fund manager acquired the 9,830-m² gallery of the ...

ING REIM Dutch funds continue to outperform benchmarks in 2010 (NL)

The Dutch real estate funds of ING Real Estate Investment Management ('ING REIM') continue to beat their benchmarks in 2010. The Dutch flagship funds – ING Dutch Office Fund, ING Dutch Residential Fu ...

P3 appoints George Aase as new CFO (CZ)

PointPark Properties (P3) has announced the appointment of George Aase as the company's new Chief Financial Officer. As of March 1, 2011 George Aase replaces James Riddell, who retired at the end of 2 ...

CBRE: European real estate debt market to remain tight in 2011 (EU)

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 ...

Savills brokers New York's largest retail condominium deal for Inditex's Zara flagship store (US)

Spanish retailer Inditex SA (ITX), represented by Savills, has acquired the former NBA Store at 666 Fifth Ave. in Manhattan for US $324 million (approx. €232 million), in a record deal for a US retai ...

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