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DTZ Research: Global debt funding gap in commercial property declines 17%

The global debt funding gap* is estimated to total US $202 bln. (approx. €136 billion) over the next three years (2011-2013) according to new research from DTZ. This represents a 17% reduction on the ...

Citycon to redevelop Koskikeskus shopping center in Tampere (FI)

Citycon Oyj has begun a redevelopment of Koskikeskus shopping center in downtown Tampere, Finland. The shopping center's redevelopment project covers all retail premises owned by Citycon.The shopping ...

Grainger selected by Lloyds Banking Group for its residential asset management platform (UK)

In a landmark move, Lloyds Banking Group has signed contracts selecting Grainger plc, the UK's largest quoted residential property company, as the preferred supplier to the Residential Asset Managemen ...

AXA Immosolutions secures 13,000-m² letting at Toulouse office development (FR)

AXA Immosolutions, a Fund advised by AXA Real Estate Investment Managers, announces that it has let on behalf of its clients the entire Osmose office building in Toulouse, France, to Airbus Industries ...

Cushman & Wakefield takes full ownership of facilities management joint venture to expand global capability

Cushman & Wakefield has announced that in line with its strategy to expand and align its facilities management services globally, it has acquired full ownership of a joint venture, Corporate Occup ...

Savills steps up tenant representation business with North American alliance (US/UK)

International real estate advisor Savills has announced the formation of a strategic alliance with CresaPartners LLC – North America's largest specialized tenant representation firm. The arrangement ...

MEC buys prized City opportunity (UK)

Mitsubishi Estate Company (MEC) has bought 150 Leadenhall Street, EC3, London, the UK headquarters of fellow Japanese company Tokio Marine.Tokio Marine and Deutsche Bank's leases on the 56,000-ft² (a ...

Banque de Luxembourg to acquire HSH Nordbank's Luxembourg private client business (DE/LU)

Banque de Luxembourg is acquiring HSH Nordbank Private Banking S.A.'s private client business.The corresponding agreement, which had previously been approved by the boards of directors of both banks, ...

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