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CBRE: Hong Kong most expensive global retail market - London, Paris and Moscow in the top-10

Hong Kong is the world's most expensive global retail market as wealthy Chinese tourists, luxury retailer expansion and a shortage of prime space drive rents to record highs, according to new research ...

Places for People buys Terrace Hill portfolio for £70 million (UK)

Places for People has acquired a portfolio of 925 private rented homes for £70 million (approx. €81.8 million) from Terrace Hill, a property development group. The properties are mainly in the South ...

Systemax opens new shared services center in Corvin promenade, Budapest (HU)

After KPMG, another large company has opted for Futureal. Systemax Inc. is opening a new service center in Budapest at Corvin Promenade. Systemax is a Fortune 1000 company, selling personal computers, ...

pbb provides finance of €40 million to Deutsche Fonds Holding AG (DE)

Joining forces with another bank pbb Deutsche Pfandbriefbank has provided finance of approx. €100 million for the closed real estate fund DCSF Immobilien Verwaltungsgesellschaft Nr. 4 mbH & Co. O ...

British Land acquires London portfolio from Wereldhave for £183.8 million (UK)

British Land has acquired a portfolio of properties in London from Wereldhave for £183.8 million. The most significant asset in the portfolio is Ealing Broadway Shopping Centre which has been purchas ...

Rockspring secures major €275 mln refinancing from five banks for German Retail Box Fund (DE)

Rockspring Property Investment Managers ('Rockspring'), today announces that it has successfully refinanced its Lloyds HBoS €282 million capital market facility for its German Retail Box Fund ('GRBF' ...

UKCPT sells £10.5 million retail property at 2-8 Buchanan Street, Glasgow (UK)

UK Commercial Property Trust Limited, advised by Ignis Asset Management, announced that it has successfully completed the sale of a retail property at 2-8 Buchanan Street in Glasgow to the Cordea Savi ...

Henderson sells Paris office (FR)

The Horizon French Property Partnership I S.C.A Fund (HFPPI), advised by Henderson Global Investors, has sold an asset in Paris, France. The D-Light building is the ex-headquarter of Prisma Press and ...

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