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AFI Development sells 112,000 m² Kosinskaya office building (RU)

AFI Development PLC announced the sale of the Kosinskaya project located in the Eastern Administrative District of the City of Moscow, comprising a Class B office building of 112,000 m² and 10.4 ha o ...

Cushman & Wakefield acquires leading Japan asset management company

Cushman & Wakefield, the world's largest privately held real estate services firm, announced yesterday (August 18, 2009) that it has acquired Pacific Investment Corporation, the private fund asset ...

Cushman & Wakefield acquires leading Japan asset management company

Cushman & Wakefield, the world's largest privately held real estate services firm, announced yesterday (August 18, 2009) that it has acquired Pacific Investment Corporation, the private fund asset ...

PRUPIM revises market forecasts upwards as yields stabilize (UK)

Recent industry data suggests that yields are beginning to stabilize across many UK commercial property market sectors, signaling that the worst of the commercial property downturn is drawing to a clo ...

Distressed sales increase worldwide

Over 75% of countries surveyed have seen a rise in distressed sales* in the commercial property market, says RICS research published on 17 August 2009. During the second quarter of 2009, RICS surveyed ...

European Eco-Management pilot scheme on retail trade (EU)

The commission has undertaken a pilot project to develop specific reference documents for the retail sector under the European Eco-Management and Audit Scheme (EMAS). EMAS, which was revised in 2008, ...

Average deal size tumbles in European commercial property market (EUR)

The average transaction size completed in the European commercial real estate market in the first half of 2009 has fallen by more than half since the peak of the market in 2007, reflecting the extent ...

IPD: US real estate market suffers sharpest six month decline (US)

US real estate market values have fallen by -17% over the first six months of 2009, according to the IPD US Quarterly Indicator. Compared to last year's IPD US Annual Property Index, which revealed an ...

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