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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 ...

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 ...

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 ...

AEW Europe drives deeper into core office market (DE)

AEW Europe's Euroffice Fund has purchased an office building in Frankfurt for €39.5 million from Australia's Macquarie Office Trust.Rob Reiskin, AEW Europe's Head of Investments said: "We believe now ...

Planning submitted for £10 million Canada Life office scheme (UK)

Award winning architects Watkins Gray International have submitted a planning application on behalf of Canada Life Ltd to South Gloucestershire Council for two new office buildings on the Aztec West B ...

London leads office market bounce-back (UK)

London's office market was hit hard and early by the global financial crisis, but in comparison with other leading financial centers it has been among the first to bounce back, according to the latest ...

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