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Close Brothers: Losses in real estate could lead to 2nd credit crunch (UK)

Close Brothers, one of Europe's leading independent corporate finance advisers, is urging banks and investors in the UK property sector to devise alternative financing solutions in the face of a poten ...

Residential sales fall further despite growing interest in the market (UK)

The average number of transactions per surveyor fell to a record low in December despite buyer interest remaining strong says RICS' UK housing market survey published today (13 January 2008).The avera ...

ProLogis leases 22,000 m² in Poland (PL)

ProLogis (NYSE: PLD) has announced that it has signed new lease agreements for approximately 22,000 m² of warehouse space at two ProLogis parks located near Wroclaw, Poland, the fourth largest city i ...

European Property Investors Special Opportunities (EPISO) makes its first purchase of the new year (EUR)

AEW Europe has contracted to purchase a state of the art distribution facility known as the Bridge, located in Dartford, Kent, for €68 million on behalf of its value-added fund, European Property Inv ...

Union Investment acquires Solaris office building in Vienna (AT/DE)

Hamburg-based Union Investment Real Estate AG has acquired the Solaris office building in Vienna, Austria for its UniImmo: Deutschland open-ended real estate fund. The vendor of the property, which wa ...

Soravia Group to build Soravia Center Mihai Bravu (RO/AT)

The Austrian Soravia Group through its Romanian subsidiary BANAT Construct S.R.L. will construct a modern business center opposite the subway station Mihai Bravu in Bucharest, directly on Mihai Bravu ...

CB Richard Ellis Investors announces acquisition of 40 Clarence Street, Kingston (UK)

CB Richard Ellis Investors has announced that it has completed the acquisition of 40 Clarence Street, Kingston for £3.55 million (approx. €3.63 mln.) The retail unit comprises 2,921 ft&# ...

ING Real Estate acquires largest shopping center in Northern Bohemia (CZ)

ING Real Estate has announced the acquisition of Nisa Liberec Shopping Centre, valued at €125 million, in the North Bohemian city of Liberec. Following extensive refurbishment and expansion, ...

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