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Recovery underway for UK offices, but for some centers return to growth will be slow (UK)

After a very difficult period, UK office markets showed an improvement in the second half of 2009. Despite a deeper economic recession than in the early 1990s, the office downturn is likely to be less ...

JLL reports on key Asian CRE trends preceding CoreNet Globals Singapore Summit (SG)

More than 400 senior-level executives from the corporate and commercial real estate (CRE) industry around Asia will gather in Singapore on March 23 – 25, 2010 to examine various trends and contradict ...

New £35 million divisional headquarters for Greater Manchester police (UK)

Following ratification by the Greater Manchester Police Authority, the deal to create a new £35 million (approx. €38.8 mln.) Divisional Headquarters for Greater Manchester Police at Ask:Goodman's Ce ...

Jones Lang LaSalle wins Best Office and Retail Agency at the CEEQA / Financial Times Awards (PL)

Yesterday at the 7th CEE Real Estate Quality wards gala which took place in Warsaw, Jones Lang LaSalle picked up two out of four awards for the Best Real Estate Agent of the Year 2009. The firm has be ...

First acquisition for Schroders Italian Property Fund 2: 12,300 m² office building in Milan (IT)

Schroders Property Investment Management Italy announced the first acquisition for the Schroders Italian Property Fund 2: a modern office building of some 12,300 m² (gross), situated in San Donato, M ...

Activum SG and STAM Europe acquire office building in Hannover from EuroHypo (DE)

Activum SG, a European real estate investor and manager, and partner, STAM Europe, have acquired a 19,500 m² office building in Hanover / Germany from Immobilienverwaltungsgesellschaft Grammophon Bü ...

Norwegian Property extends lease contract with Total in Stavanger (NO)

Norwegian Property has agreed with Total E&P Norway AS to extend the existing lease contract for Finnestadveien 44 in Stavanger until 31-12-2021. The lease contract includes total office space of ...

Financial tenants may be back in Luxembourg but office vacancy rates set to rise (LU)

Banking and financial tenants maintained a strong level of demand accounting for 25% of Luxembourg's lettings market during 2009. According to international real estate advisor Savills these tenants, ...

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