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IPD: UK property enters technical recession (UK)

Commercial property values declined for the second consecutive quarter during the first three months of 2012 (by -0.7%), marking the onset of a double dip and a return to negative growth after the dee ...

Construction starts on retail development in South Wales (UK)

Rockspring Property Investment Managers and its development partner, Simons Development, announce that construction has commenced on the first phase of Bargoed Retail Plateau in South Wales.The £25 m ...

CORESTATE grows European platform with three new hires (CH)

The CORESTATE Group, a specialist private equity investor based in Zug/Switzerland, with partner offices in Frankfurt, London, Essen and Luxembourg, announces three strategic appointments, strengtheni ...

Further growth for Savills in China with new Taiwan office (TW)

Following the recent launch of a new office in Tianjin, international real estate advisor Savills has expanded further in China with the opening a second office in Taiwan, located at 25F-3 City Centre ...

Turkey Real Estate 2012 to be launched at the Turkish Real Estate Summit on May 10 (TR)

In conjunction with local Turkish partners and property experts, Europe Real Estate (REP) is set to launch the fourth annual edition of its highly acclaimed Turkey Real Estate reference book series. T ...

Land Securities acquires Nottingham leisure scheme (UK)

Land Securities has exchanged contracts to acquire The Cornerhouse, Nottingham from BP Pension Fund in an off-market transaction for £50 million (approx. €61.5 million). The property was acquired at ...

Preference for prime and lack of debt widens yield gap in Swedish investment market (SE)

According to Savills' latest research on the Sweden investment market the gap between yields for prime and secondary properties is set to continue to widen as a result of strong investor demand for pr ...

Deka Immobilien sells Schlössle Galerie in Pforzheim (DE)

Deka Immobilien GmbH has sold the Schlössle Galerie shopping center in Pforzheim, Germany to a special fund of Real I.S. for around €76 million. The property was part of the portfolio of open-ended ...

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