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CoreNet: 83% of corporate real estate executives saw pay increase in 2011

An overwhelming majority – 83% – of those who manage corporate real estate (CRE) portfolios saw increases in their base salary in 2011, according to a global compensation study conducted by CoreNet ...

Investor survey: Germany and Poland seen as winners of the debt crisis (EUR)

The debt crisis in Europe is turning into a stress test for European property markets – and forcing investors to recalibrate their investment strategies. Germany in particular should benefit from inc ...

Multi takes 100% ownership in Italy - becomes Multi Development Italy (IT)

After 6 years of collaboration, Multi and CDS Holding (its 25% partner in Italy since 2005) have decided to follow different strategies for their retail development business; negotiations were just co ...

IPD: UK market turns, with the secondary sector teetering on the brink (UK)

Increased distressed asset sales may overwhelm the already struggling secondary sector in the UK real estate market. Prime growth was just 0.6% in the final quarter of 2011, whilst secondary assets lo ...

The Carlyle Group acquires €337 mln. Stockholm office and residential portfolio (SE)

Global alternative investment manager The Carlyle Group ("Carlyle") has acquired an office and residential led mixed use portfolio in the Nacka Strand area of central Stockholm for SEK 2.95 billion ( ...

HOCHTIEF and INTERBODEN JV sell 151 rental apartments for Düsseldorf's le flair quarter (DE)

The joint venture between HOCHTIEF Projektentwicklung and INTERBODEN Innovative Lebenswelten has sold the second construction phase of the Düsseldorf downtown residential quarter, le flair, with 151 ...

LaSalle completes sale of Wey Retail Park to ING for £12.85 mln. (UK)

LaSalle Investment Management announced that it has completed the sale of Wey Retail Park, West Byfleet, on behalf of a pension fund client. The sale to ING was agreed at a price of £12.85 million ( ...

MULTI acquires remaining 50% of ING RE shares in 2ND phase of City Center Nieuwegein (NL)

Multi Development NL has acquired the remaining 50% share of ING Real Estate acquired in the development and realization of the second phase of the expansion of the city of Nieuwegein, The Netherlands ...

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