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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 ...

EBS REMI and CORESTATE Capital: Distressed Real Estate Debt research cooperation (EUR)

Markets may see an ascending number of distressed real estate debts over the second half of 2012 as a result of increasingly tight capital markets. By 2014, Europe may experience a funding gap of €20 ...

Miami home prices spike in January as inventory continues sharp decline (US)

Following a record sales year, Miami home prices posted strong gains in January. The median sales price of condominiums in the Miami Metropolitan Statistical Area (MSA) spiked 36% to US $122,500 (€91 ...

Birmingham's Five Ways regeneration continues with Henderson proposal (UK)

No. 1 Hagley Road, the 140,000 ft² (12,970 m²)19 story landmark office tower, is the latest building to benefit from regeneration plans for the Five Ways area, in Birmingham. The building's owners, ...

Land Securities and CPPIB form joint venture to own and develop Victoria Circle, London (UK)

Land Securities Group PLC ("Land Securities") and Canada Pension Plan Investment Board ("CPPIB") are pleased to announce they have formed the Victoria Circle Limited Partnership ("the Partnership"), a ...

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