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King Sturge sees 9% price drop (UK)

King Sturge predicts that commercial property prices could drop more than 9% in 2008, adding to already significant drops in value over the past six months.King Sturge's 2008 forecast indicates that c ...

Siegfried Cofalka and Thomas K

SEB Asset Management AG (SEB AM), which groups the real estate investment fund SEB Immobilien-Investment GmbH and the securities fund SEB Invest GmbH, appointed Siegfried A. Cofalka (48) and Thomas K

Al Timsah set to complete enabling works for DAMACs Emirates Gardens (UAE)

DAMAC Properties

Banimmo to build new Mobistar head office (BE)

Banimmo and Mobistar have concluded an agreement under the terms of which Banimmo is tasked with building the future head office of the telecommunications operator in Evere, Brussels. The building, wh ...

Tishman Speyer and Commerz Real to develop skyscraper in Frankfurt (DE)

Today, Tishman Speyer and Commerz Real AG bought the property known as "Kaiserkarree" situated in Frankfurt's banking district in Neue Mainzer Strasse/corner of Taunustor. The joint venture acquired " ...

Dan Ťok succeeds Zdeněk Burda as President of Skanska Czech Republic (CZ)

Zden

PGGM to invest up to $300m in Behringer Harvard U.S. multifamily platform (US/NL)

Behringer Harvard has announced that Dutch pension fund PGGM has agreed to increase its investment in Behringer Harvard's growing portfolio of Class A apartment communities to $200 million. This amoun ...

Property loan defaults 'set to surge' (UK)

Bad debts from loans to non-listed commercial and residential developers could increase as much as 50% this year as property markets continue to struggle, according to property consultants EC Harris.A ...

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