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SMES to drive Ile-de-France office rental market in 2012 (FR)

Small to medium firms will drive the Ile-de-France office rental market in 2012 as they continue to rationalize costs and spur demand for Parisian office space, according to Savills. The international ...

BPT Secura sells Merimetsa Selver retail center in Tallinn to the Kaubamaja Group (EE)

In an agreement closed on 8th of February 2012 the BPT Secura real estate investment fund, managed by BPT Asset Management, has sold the retail center known as Merimetsa Selver, located in Tallinn, to ...

The Carlyle Group acquires 88 St Jamess St. from The Crown Estate for £36.5 mln. (UK)

The Crown Estate has concluded the sale of a new 250 year headlease for 88 St James's Street to global alternative investment manager The Carlyle Group, which has plans for a new prime London resident ...

Lack of financing expected to push office vacancy down across CEE (CEE)

A reduced pipeline and lack of available financing is likely to result in lower office vacancy levels across Central & Eastern Europe (CEE), according to the latest research from global property a ...

Darrell Stanaford takes over as Chairman, ULI Russia (RU)

The Urban Land Institute (ULI) today announced that Darrell Stanaford, former Managing Director of CBRE, Russia, has been elected to succeed Sergey Riabokobylko as Chairman of ULI Russia. Darrell will ...

Global housing market downturn gathering pace

The world's housing downturn is gathering momentum, according to the latest world-wide survey of house price indices prepared by the Global Property Guide. During 2011, house prices fell in 22 countri ...

Portfolio of 47 malls makes Cogest a leader in the Italian market (IT)

In spite of global economic threats and of enduring difficulties in local market, there are few Italian companies performing outstanding results. Among them, Cogest Italia and Mall System deserve a ...

First tenant for SEGRO Industrial Park Wroclaw (PL)

SEGRO, Europe's leading owner-manager and developer of industrial property, has already started preparation works on the construction of the new development in Wroclaw. The first phase consisting of 7 ...

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