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IVSB releases discussion paper on valuation uncertainty for consultation (UK)

The International Valuation Standards Board (IVSB) has released a discussion paper 'Valuation Uncertainty'. The document has been issued in the light of growing calls from politicians and financial re ...

Metro Shopping Fund sells Notting Hill Gate Shopping Centre for approx. €149 mln. (UK)

The Metro Shopping Fund (Metro fund), the 50/50 London based retail joint venture between Land Securities and Delancey, announced today that it has completed the sale of the Notting Hill Gate Estate f ...

£15 mln. expansion plan to bring Primark to The Bridges, Sunderland (UK)

Land Securities, owner of the Bridges, has confirmed its intention to embark on a £15 million expansion within the center. A planning application to deliver a three-story 60,000-ft² (approx. 5,500-m ...

Deka Immobilien buys US property for approx. €95 million (DE/US)

Deka Immobilien GmbH has acquired the 19 West 44th Street office building in New York's Midtown Manhattan for approximately €95 million. The property was acquired for the Deka-ImmobilienGlobal open-e ...

Goodman receives green light for Birmingham Business Park (UK)

Global property group Goodman has secured a planning consent from Solihull Metropolitan Borough Council to broaden the scope of future new development at its Birmingham Business Park. ...

Savills Corporate Finance team opens in Frankfurt (DE)

Savills corporate finance-valuation is to launch a new team in Frankfurt from October 1, 2010 through the transfer of existing Director Christian Glock MRICS and Associate Director Dr. Simon Kempf fro ...

Echo Investment secures loan for Oxygen office building in Szczecin (PL)

Echo Investment has concluded a loan agreement with Nordea Bank Polska with a value of €17 mln. The acquired funds will be used to refinance and finance construction costs of the Oxygen office buildi ...

CORESTATE Capital opens London office (CH/UK)

CORESTATE Capital AG, a specialist private equity real estate investor focused on Germany, has today announced the opening of its first UK office at 21 Bruton Street, London, bringing the Group's tota ...

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