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Native Land and Grosvenor complete £50 mln. Alpha Place purchase (UK)

Joint venture partners Native Land and Grosvenor have confirmed the acquisition of a prime residential site at Alpha Place in Chelsea for £50 million (€59 mln.) and also announce a £90 million faci ...

EBS REMI and CORESTATE Capital: Distressed Real Estate Debt research cooperation (EUR)

Markets may see an ascending number of distressed real estate debts over the second half of 2012 as a result of increasingly tight capital markets. By 2014, Europe may experience a funding gap of €20 ...

Hines Secures 7 Bryant Park address for new trophy Tower on Avenue of the Americas (US)

Hines, the international real estate firm, has secured approval to use the 7 Bryant Park address for its new, 470,000 ft² (43,530 m²) trophy office tower overlooking Bryant Park. The 28-story buildi ...

Tough economic times create value for money opportunities (UK)

In periods of government austerity measures and high unemployment, traditional consumer discretionary stocks, exposed to the downward pressures on real disposable incomes, do not look like a natural c ...

Bond Street letting breaks £1,000 zone-A rent record (UK)

NFU Mutual, represented by Savills, has agreed a new rent on 24 Old Bond Street, London with Salvatore Ferragamo. The Italian luxury brand will pay £1.6 million (€1.88 mln.) per annum for the 7,500 ...

Miami home prices spike in January as inventory continues sharp decline (US)

Following a record sales year, Miami home prices posted strong gains in January. The median sales price of condominiums in the Miami Metropolitan Statistical Area (MSA) spiked 36% to US $122,500 (€91 ...

Desigual leases high street shop space in Namur from Vastned (BE)

Spanish fashion giant Desigual has signed a longterm lease with Intervest Retail, the Belgian subsidiary of Vastned, the European retail property investment fund focusing on venues for premium shoppin ...

Skanska Property Czech Republic preparing its showpiece office in City Green Court (CZ)

Skanska Property Czech Republic will move into its own latest development, City Green Court, one of the most modern and environmentally smart office buildings in Prague, during the last quarter of 201 ...

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