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Hines announces the start of construction on first project in Krakow (PL)

The Warsaw office of Hines has announced that construction has begun on Apartamenty Novum, the approx. 400-unit multi-building apartment complex ranging in heights from four to nine stories. ...

The Carlyle Group acquires three student accommodation development sites for £46 mln. (UK)

Global alternative asset manager, The Carlyle Group has strengthened its position in the London student accommodation sector through the acquisition of three sites, for £46 million (€55 mln.) in agg ...

Residential and logistics in Finland will deliver best risk adjusted return on Nordic property market (FI)

Stable cash flows, local access to credit and a shortage of other attractive asset classes mean that the Nordic property market will deliver good risk-adjusted returns over the coming years. According ...

YOUNIQ AG realises new student housing in university towns (DE)

Starting in spring 2012, YOUNIQ AG will realize a total of 761 student apartments in the up-and-coming campus towns of Bayreuth, Lübeck, and Potsdam. With its planned construction projects, Germany's ...

The Carlyle Group acquires 88 St Jamess St. from The Crown Estate for £36.5 mln. (UK)

The Crown Estate has concluded the sale of a new 250 year headlease for 88 St James's Street to global alternative investment manager The Carlyle Group, which has plans for a new prime London resident ...

Global housing market downturn gathering pace

The world's housing downturn is gathering momentum, according to the latest world-wide survey of house price indices prepared by the Global Property Guide. During 2011, house prices fell in 22 countri ...

European Commission consults on barriers to energy efficiency in buildings (EU)

On 15 February, the commission launched a public consultation on the "Financial Support for Energy Efficiency in Buildings". This consultation – running until 18 May – aims to identify the market fa ...

Native Land and Grosvenor complete £50 mln. Alpha Place purchase (UK)

Joint venture partners Native Land and Grosvenor have confirmed the acquisition of a prime residential site at Alpha Place in Chelsea for £50 million (€59 mln.) and also announce a £90 million faci ...

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