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Hong Kong and Tokyo overtake London as world's most expensive office locations

London has lost its status as the world's most expensive office location for the first time in nine years according to the new 'Office Space Across the World 2009' report from global real estate advis ...

Leasinvest announces results (BE)

Leasinvest Real Estate has announced its audited year results extended financial year 2007/2008. Fair value of the real estate portfolio (excluding development projects) increases by 20% to €534 mil ...

Danish property returns stay positive over 2008, says IPD (DK)

IPD today published the IPD Denmark Annual Property Index for 2008. According to the index, investment in Danish commercial real estate returned 3.1% last year, compared to 10.1% over 2007.Property si ...

Construction workloads continue to weaken with further declines likely (UK)

Construction workloads continued to fall sharply in the final three months of last year according to the RICS UK Construction Market Survey published today (26 February).Total construction workloads d ...

King Sturge to dispose of Qube and OSC leases (UK)

King Sturge's retail team has been appointed by administrator KPMG to dispose of the 80 store leases held under the Qube and Original Shoe Company fascias. Around 80% of the stores had traded as Origi ...

Swedish real estate returns fall to new low, SFI / IPD index shows (SE)

IPD today published the SFI / IPD Swedish Annual Property Index for 2008. According to the index, total returns for the year fell to -3.3%, a substantial fall from the 14.7% return achieved in 2007. S ...

Occupiers look to property sales as a source of capital (EUR)

Despite a weakened European commercial property investment market in 2008, sales of commercial real estate by occupiers remained an important source of activity last year. Although there was a sharp f ...

Cordea Savills appoints two portfolio managers to Italian team (IT)

Cordea Savills, the international property fund manager, has appointed Piergiulio Dentice di Accadia and Daniele Martignetti as portfolio managers. The appointments underscore the expansion of its Mil ...

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