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The large Munich project ´Fünf Höfe´ has been sold for a purchase price clearly below € 300 mln to DIFA Deutsche Immobilien Fonds AG from Hamburg.The in March last year completed shopping- and o ...

Encouraging signs for the London City office market (UK)

Take-up in the City of London is expected to jump 20% to more than 4m sq ft this year as firms within the Square Mile begin hiring once again, according to new forecasts from Jones Lang LaSalle. JLL†...

Manhattan office vacancies stabilize in 2003 led by strong sublease and renewal activity (US)

Cushman & Wakefield today released fourth quarter statistics for the Manhattan office market that indicate the overall vacancy rate stabilized in 2003, led by substantial subleasing activity and l ...

Annual profit in real estate for the tenth year in a row (NL)

The listed Dutch real estate funds have had a very good year with a total return of 20% despite the negative developments in the market. The question is whether the rent proceeds will remain high enou ...

Government paves way for huge Milton Keynes regeneration (UK)

The government has announced plans to create a new planning authority to oversee the regeneration of Milton Keynes, in what could become the biggest urban expansion in the UK for over 50 years. Around ...

Fortis Investments acquires strategic Japanese Equity capability

Fortis Investments, the asset management arm of Fortis, today announced the acquisition of the Japanese Equity capability of the German-owned asset manager, WestAM, part of the WestLB Group.This impor ...

Office complex Diemervijver sold for over € 60 mln. (NL)

Cocon Vastgoed Management has sold Diemervijver in Diemen-Zuid the office complex to a syndicate of foreign investors. The investment volume is over € 60 mln.CB Richard Ellis advised the buyer. Diem ...

Efficiency matters keep take-up up on the same level (NL)

The take-up of office space in the Netherlands has maintained reasonably over 2003 considering the trend of the market. The demand mostly came from concentrations and reorganizations and hardly from e ...

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