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Savills: Commercial development activity continued to contract in October, but at weaker rate (UK)

and cuts in public spending all contributed to the pessimistic outlook. Summary of activity October data signaled lower levels of activity in eight of the nine broad areas of commercial developmen ...

Union Investment acquires prime, long-term let office building in Glasgow (DE/UK)

Union Investment has acquired the Equinox Building in Glasgow for its open-ended real estate fund UniImmo: Deutschland.The Equinox Building was constructed in 2002 and is located in the heart of Glasg ...

Anixton finalizes sale of 'Louise 250' building (BE)

Belgian REIT Leasinvest Real Estate SCA has sold the 'Louise 250' building to ECF Brussels Office Leasehold SPRL, a subsidiary (SPV) of Cordea Savills GmbH. ...

Henderson Global Investors: Outlook on UK retail property (UK)

In its latest 'Think – Property' report, Henderson Global Investors examines the investment case for retail property in the UK and how it might satisfy current investor preference for core product an ...

Invesco Real Estate sells French Charonne asset for approx. €14 million (FR/DE)

Invesco Real Estate, the global cross-border property investment manager, is pleased to announce that it has sold a Parisian office property for approx. €14 million on behalf of its client, the iii-B ...

New CEO for CLS Holdings Plc (UK)

CLS Holdings plc (CLS) is pleased to announce that Richard Tice will become Chief Executive Officer with effect from January 1, 2011.At the same time, Henry Klotz will assume the new role of Executive ...

St James's Hotel & Club sold to Pakistani billionaires (UK)

Savills and Gerard Nolan & Partners, on behalf of a UK property company, have sold St James's Hotel & Club, 7 - 8 Park Place, London SW1A 1LS for a price in the region of £55-£60 million (ap ...

CBRE: Office vacancy rates decline in most of CEE (CEE)

Office occupier take-up increased by 21% in the first three quarters of 2010 compared to the same period of last year, bringing the region's year-to-date office take-up close to 2 million m², accordi ...

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