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€200 million Rathaus-Galerie in Leverkusen opens today (DE)

A glass rotunda visible from great distances is the architectural flagship of the new Rathaus-Galerie in Leverkusen, Germany, which opens today, February 24, 2010 after a construction period of two ye ...

Property markets in world's leading cities suffer fall in demand as office rents drop

The world's leading centers have suffered an unprecedented fall in demand for office space which has contributed to the first aggregated global fall in prime office rents since 2003. Global real estat ...

Barcelona offices to see further activity following a doubling of take up in Q4-09 (ES)

Barcelona's office market will see further growth in lettings activity in 2010 following a take up in Q4-09 that was double that of the previous quarter. According to international real estate advisor ...

Brand Empire to bring new Spanish fashion parade to the UK (UK)

Land Securities, through its subsidiary Brand Empire, has announced today that it has agreed terms with Grupo Cortefiel, one of Spain's largest and leading fashion retailers, to bring three of its cor ...

UK institutions return as investment in regional business space jumps 19% (UK)

Annual investment in regional offices and industrial space jumped 19% in 2009 to stand at £4.759 bln. (approx. €5.423 bln.), buoyed by the return of UK institutions, according to Cushman & Wakef ...

Moodys/REAL All Property Type Aggregate Index measures 4.1% increase in December (US)

The Moody's/REAL All Property Type Aggregate Index measured a 4.1% increase in commercial real estate prices in December 2009. This marks two consecutive months of price gains, and is the largest mont ...

Europeans invested €12 million in Oceana Residence in January (UAE)

Europeans from Britain, Russia, Holland and Belgium, invested AED 60 million (approx. €12 mln.) in January, as sales of apartments at the luxurious Oceana Residence, averaged almost one per day durin ...

Benson Elliot makes first UK acquisition in Milton Keynes for €23.5 million (UK)

Benson Elliot Capital Management, the leading private equity real estate firm, has exchanged contracts on the acquisition of CBXII, Midsummer Boulevard, Milton Keynes. The property has been acquired f ...

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