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Colliers: share of free office space in Riga likely to grow to 30% in 2009-10 (LV)

Mihails Morozovs, general director of Colliers International in the Baltic states, said the total office space in Riga reached 300,000 m² in late 2008, with free A-class offices accounting fo ...

Italian property market feels delayed credit crunch effects, says IPD (IT)

Italian commercial property capital growth finally fell into negative territory over the six months to the end of December 2008, at -2.5%, according to the IPD Italian Biannual Property Index publishe ...

Road clear for HSH Nordbank's realignment (DE)

Following the Hamburg parliament its counterpart in Kiel has also approved the increase in capital of €3 billion as well as the guarantee amounting to €10 billion. The first major st ...

Government seal of approval for RICS Code of Practice (UK)

RICS Code of Practice for Service Charge Management published today (April 6, 2009) has received Government approval from the housing minister, Iain Wright MP, Communities and Local Government."I am p ...

SEB ImmoPortfolio Target Return Fund records compelling annual return of 7.1% (DE)

Ever since its launch in October 2001, the SEB ImmoPortfolio Target Return Fund (DE0009802314) has generated a spectacular average investment performance of 8.5% p. a. In the past financial year (Janu ...

ICSC announced MAXI Awards (EUR)

Nine shopping centers throughout Europe were recognized for marketing excellence by the 38th annual MAXI Awards program of the International Council of Shopping Centers, Inc. (ICSC). All MAXI awards w ...

Multi opens phase 1 of biggest inner city retail development in Germany Boulevard Berlin (DE)

The first phase of 76,000 m² GLA, opened April 1 in the middle of the Schlossstrasse, one of the most important shopping streets in Berlin.The sole tenant of the first phase, with about 24,000 m² g ...

German property returns reveal minor correction in values, says IPD (DE)

IPD has published the IPD Germany Annual Property Index for 2008. According to the index, investment in German commercial real estate returned a total return of 3.5% in 2008, just one percentage point ...

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