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Relocation is the dominant factor in German office property market

According to information from international property consultancy DTZ, the number of empty properties in the four major office property centres in Germany has risen again in the first six months of 200 ...

Broadhurst to stand down as JLL European Chairman

Robin Broadhurst, the European Chairman of Jones Lang LaSalle, is to leave the company at the end of this year, after 30 years at the firm.Broadhurst joined Jones Lang Wootton in 1969, became a partne ...

British Land to buy API for half the original price

British Land is reportedly on the verge of acquiring Aberdeen Property Investors, the real estate arm of Aberdeen Asset Management, for less than £45m - half the price previously mooted.The pri ...

HVB Real Estate and Westfälische Hypothekenbank poised to merge - Major step toward new Hypo Real Es

HVB Real Estate Bank AG in Munich and the Dortmund-based Westfälische Hypothekenbank are set to merge. The link-up will be consummated in November 2003 by merging the Westfalische Hypothekenban ...

Aareal Bank to finance central warehouse for Kaiser’s Tengelmann in Berlin

Aareal Bank is to lead a consortium of banks in financing a new logistics centre for the Tengelmann Group in Berlin. Once completed, the new warehouse in Berlin-Mariendorf will supply around 160 Kaise ...

British Land favoured for £1bn Canada Water project

British Land has been recommended by Southwark Council officers to develop the £1bn mixed-use scheme at Canada Water, one of London’s largest projects. The councilâ€℠...

New positions after take-over of Insignia by CB Richard Ellis become clear

Now that the take-over of Insignia by CBRE is a fact, the new positions of those involved are being announced. The new company will operate worldwide under the name CB Richard Ellis. Ray Wirta and Bre ...

Central London office market sees first rise in 12 months

Take-up in the Central London office market during quarter two increased by 37% in comparison to the previous quarter and is this first rise in 12 months says DTZ. According to statistics revealed in ...

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