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Cushman & Wakefield acquires leading Japan asset management company

Cushman & Wakefield, the world's largest privately held real estate services firm, announced yesterday (August 18, 2009) that it has acquired Pacific Investment Corporation, the private fund asset ...

PRUPIM revises market forecasts upwards as yields stabilize (UK)

Recent industry data suggests that yields are beginning to stabilize across many UK commercial property market sectors, signaling that the worst of the commercial property downturn is drawing to a clo ...

Distressed sales increase worldwide

Over 75% of countries surveyed have seen a rise in distressed sales* in the commercial property market, says RICS research published on 17 August 2009. During the second quarter of 2009, RICS surveyed ...

European Eco-Management pilot scheme on retail trade (EU)

The commission has undertaken a pilot project to develop specific reference documents for the retail sector under the European Eco-Management and Audit Scheme (EMAS). EMAS, which was revised in 2008, ...

Average deal size tumbles in European commercial property market (EUR)

The average transaction size completed in the European commercial real estate market in the first half of 2009 has fallen by more than half since the peak of the market in 2007, reflecting the extent ...

IPD: US real estate market suffers sharpest six month decline (US)

US real estate market values have fallen by -17% over the first six months of 2009, according to the IPD US Quarterly Indicator. Compared to last year's IPD US Annual Property Index, which revealed an ...

DTZ Skyline Tracker Budapest analyzes office development pipelines in CEE (HU)

As part of a new quarterly series of research reports on the main capital cities of CEE, DTZ has just launched the Skyline Tracker Budapest, the first definitive and comprehensive analysis of office d ...

DAMAC Properties Ocean Heights tower tops 70 floors at the Marina, Dubai (UAE)

Luxury lifestyle provider DAMAC Properties is showing its determination on construction and delivery with its flagship Ocean Heights development now approaching 70 floors. The skyscraper which will fi ...

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