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Ærium completes sale of 40 Portman Square in £181 million transaction (UK)

European Fund Manager, Ærium, has completed the sale of 40 Portman Square in London's West End. The sale price is £181 million (approx. €213.7 million), reflecting a net initial yield of 5.57%, an ...

Knight Frank: Global house price recovery loses steam

Liam Bailey, Head of Residential Research, Knight Frank, comments: "There is a positive story to take from the latest results of the Knight Frank Global House Price Index. For the first time since lat ...

RICS: Residential rents rise as demand outstrips supply (UK)

Falling supply of new property to the rental market coupled with increased demand led to a rise in rents in the three months to the end of October, says the latest RICS Residential Lettings Survey pub ...

CODECO wins award for best project in Kazakhstan (KZ)

The exclusive Czech Terraces residential project, which the CODECO development company is realising in the largest Kazakh city of Almaty, received an important award this autumn from the Union of Arch ...

Zorlu Center draws great interest at MAPIC (FR/TR)

Zorlu Center, connecting two continents, creating a new city by bringing 5 different functions including residence, performance arts center, shopping center, hotel and offices; met the international i ...

RICS: Interest in distressed sales almost doubles globally

There has been a dramatic rise in the number of countries in which real estate professionals are reporting greater interest in distressed properties, according to a global report by RICS research publ ...

Carter Jonas 2011 residential market forecast divergence of markets (UK)

Catherine Penman, head of research, Carter Jonas, commented: "The stalling economic situation reinforced by the Comprehensive Spending Review, weak outlook for mortgage demand and the imminent public ...

Global direct real estate investment volumes constrained by product availability in Q3

New research from Jones Lang LaSalle reveals that preliminary global direct commercial real estate investment volumes totalled US$69 billion (€50.8 bln.) in the third quarter of 2010. This level is s ...

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