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Direct investment in European commercial real estate Q1 2009 still down

Direct investment in European commercial real estate reached €12 bln. in Europe in Q1 2009, down 30% on volumes in the previous quarter and 70% lower than Q1 2008, according to new research from Jone ...

Peter Forster new managing director of IVG Asset Management (DE)

Peter Forster will become managing director of IVG Asset Management GmbH with effect from 1 July 2009. Forster brings extensive knowledge of the sector and 25 years of experience in national and inter ...

A new five-star hotel close to Heathrow is granted approval (UK)

Foster + Partners' design for a new five-star hotel on Bath Road, close to Heathrow Airport has been approved by the Mayor of London. The five-star hotel w ...

Retailers continue to globalize despite downturn

Retailers have continued to expand their global footprint during the past 12 months, strategically developing long-term growth plans despite the global economic slowdown and a rapid weakening in senti ...

Empty rates could cause long-term instability to commercial property markets, says RICS (UK)

Empty Property Rates (EPR) are paving the way for future instability in non-residential property markets as property owners are increasingly turning to demolition to avoid paying the rates whilst cutt ...

Barry Varcoe named new CoreNet Global Chairman (EUR)

CoreNet Global, the world's leading professional association of corporate real estate and workplace executives, announced today the election of Barry Varcoe as Chairman of the Board of Directors for t ...

UK PPFI post double-digit negative returns over Q1, says IPD (UK)

IPD has released first quarter 2009 results for its UK Pooled Property Fund Indices, sponsored by The Association of Real Estate Funds (AREF) and HSBC Global Asset Management (UK) Limited.Total return ...

Cushman & Wakefiled advise in the sale of a site in Grobbendonk (BE)

Bolckmans Vastgoed, Herman Bolckmans' group, recently took over an industrial site located in Grobbendonk, Belgium.The site, which features an area of 7 ha, enjoys an outstanding accessibility due to ...

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