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IPD: Italian property capital values fall as income return holds steady (IT)

Capital growth for Italian commercial property remained flat over the six months to end of June 2008, according to the IPD Italian Biannual Property Index. The six-monthly IPD Index revealed total ret ...

Procter & Gamble names Jones Lang LaSalle global manager for 150 mln. ft

Jones Lang LaSalle Incorporated, the leading integrated financial and professional services firm specializing in real estate, announced the expansion of its existing strategic alliance relationship wi ...

Multi Development secures Marks & Spencer to Summer Row, Wolverhampton (UK)

Multi Development UK Ltd's Summer Row development has taken a significant step forward as they announce that they have signed British retail giant Marks & Spencer to the 600,000 ft

SEB Global Property Fund acquires logistics property in Budapest (HU)

SEB Asset Management is increasing its real estate exposure in the logistics sector. It has acquired Tulipan Park in Budapest, Hungary for its global open-ended real estate fund SEB Global Property Fu ...

Outlet centers significantly outperforming traditional retail (EUR)

With the Ted Baker outlet store at the UK's Bicester village reporting a 50% increase in turnover and Poland-based Fashion House Outlet Centres announcing its intention to build a second outlet center ...

Eight cities shortlisted for European Green Capital of the Year (EUR)

The evaluation panel has shortlisted eight out of 35 European cities to support their applications for the title as European Green Capital 2010 and 2011.The competition for the European Green Capital ...

John Lewis announces first shop outside the UK (UK/IE)

John Lewis has announced plans to open its first new shop outside the United Kingdom in the Republic of Ireland. Heads of terms have been agreed with developer Chartered Land for a new full-line depar ...

Opportunistic real estate fundraising continues despite distress in the global economy

Despite the credit crisis and faltering economic growth, opportunistic real estate investment managers continue to attract capital, with some 187 funds seeking to raise $155 billion (approx. &#128 ...

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