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IPD: Global real estate returns deteriorate over 2009

The spread of investment performance across global property markets, at 32 percentage points, contracted for the first time in the nineyear history of the IPD Global Property Index. The index delivere ...

Rakeen confirms ongoing drive to offer high returns on Uptown Tbilisi towers (GE)

Rakeen Development has confirmed its ongoing drive to offer high returns and low risk commercial property investment opportunities. Rakeen has now launched the sale of 50% of the Uptown Tbilisi reside ...

Invesco Real Estate sells two UK offices for €56 million on behalf of German investor (UK)

Invesco Real Estate, the global cross-border property investment manager, is pleased to announce that it has sold two office properties in the UK totaling ca. £48 million (approx. €56 mln.) on behal ...

Four European shopping centers scoop global recognition (EUR)

The International Council of Shopping Centers (ICSC) announced that four European shopping centers are amongst the winners in the Best-of-the-Best Award global awards. Two in Turkey and Two in the Uni ...

RICS comments on Home Information Packs (UK)

Commenting on today's announcement on the future of HIPS (Home Information Packs), Gillian Charlesworth, RICS Director of Communications said: "HIPs have failed to address the significant problems in ...

ICSC talks environmental policy to international lawyers group (AT)

The Real Estate sector of the International Bar Association held a conference in Vienna on 20-21 May. ICSC Public Affairs representative Sarah Lee was one of the key speakers at a panel session dealin ...

European office rents approach stability as future supply risks moderate (EUR)

Europe's economies continue to recover from the global economic crisis and business sentiment has now improved over four consecutive quarters, according to Jones Lang LaSalle's European Office Clock.S ...

Fabege sells residential hotel in Solna (SE)

Fabege has divested the Hallen 6 property in Solna. The purchaser is Chinax Group and the purchase consideration is SEK 110 million (approx. €11.3 mln.). The approximately 4,600 m² building comprise ...

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