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Swedish real estate returns fall to new low, SFI / IPD index shows (SE)

IPD today published the SFI / IPD Swedish Annual Property Index for 2008. According to the index, total returns for the year fell to -3.3%, a substantial fall from the 14.7% return achieved in 2007. S ...

Occupiers look to property sales as a source of capital (EUR)

Despite a weakened European commercial property investment market in 2008, sales of commercial real estate by occupiers remained an important source of activity last year. Although there was a sharp f ...

Cordea Savills appoints two portfolio managers to Italian team (IT)

Cordea Savills, the international property fund manager, has appointed Piergiulio Dentice di Accadia and Daniele Martignetti as portfolio managers. The appointments underscore the expansion of its Mil ...

CBRE appointed as exclusive provider for DHL (CZ)

CB Richard Ellis' Cross-Border Industrial and Logistics team has been appointed by DHL Exel Supply Chain (DESC), Europe's largest global supplier of logistics services, to exclusively support their ex ...

Cityscape Asia offers investors some eastern promise

The global property world is turning its attention to Asia with investors hoping 2009 will be the year to begin picking up potentially 'undervalued' assets ahead of regional economies emerging from th ...

Leif Garph and Charlotta Wikström nominated as Board members of Kungsleden (SE)

The Election Committee has informed listed Swedish property company Kungsleden AB (publ) that it will be proposing Leif Garph and Charlotta Wikström for election as new Board members at the company's ...

Schoenherr advises Deka on €40 mln. Jungmannova Plaza purchase in Prague (CZ)

European law firm Schoenherr has advised Deka Immobilien on the €40 million acquisition of Jungmannova Plaza, an office complex in the center of Prague. The acquisition is one of the first successful ...

Alexander Otto new majority stake holder in leading US shopping center company (DE/US)

Alexander Otto, CEO of ECE, Europe's market leader in shopping center business, expands his activities to the US and will work closely with the American market leader Developers Diversified Realty (DD ...

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