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Savills concludes €62.6 million Sydney CBD office sale (AU)

Savills Australia, on behalf of the Morgan Stanley Real Estate-backed Investa Property Group, has sold a 50% stake in a Sydney CBD office tower 60 Martin Place for AUD$95 million (approx. €62.64 mln. ...

Multi Development in the Netherlands to sharpen focus on retail (NL)

Multi is going to improve its focus on only developing multi-functional shopping centers and inner-city revitalization projects with retail at their heart.To assist this strategy Multi has sold its of ...

AM alpha GmbH completes €150 million acquisition of prime commercial building in Shanghai (CN)

AM alpha GmbH announced that it successfully completed the purchase of Tianchen Rose Plaza for an estimated €150 million. The transaction was advised and negotiated by AM alpha (Singapore) Pte. Ltd., ...

Lease renewals rise as tenant friendly market continues (NL)

According to Savills, lease renewals accounted for 32% of the Dutch office leasing markets in Amsterdam, Rotterdam, Utrecht and The Hague in 2009, compared to 14% in 2008. The international real esta ...

Cities see green and brown at MIPIM (FR)

Remodelling brownfield sites and integrating sustainability into urban development strategies, will be two of the key issues discussed by city administrators and real estate executives during MIPIM 20 ...

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 ...

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 ...

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