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RICS: Distressed properties increase globally

Over 80% of countries surveyed saw a rise in distressed sales in the commercial property market, says RICS research published today (24 November 2009). During the third quarter of 2009, RICS surveyed ...

Vasakronan to form new residential company (SE)

To further focus its operations, Vasakronan is to form a wholly owned subsidiary for residential properties. Properties and personnel from Vasakronan will be transferred to the company. At the same ti ...

Fabege sells property holding to part-owned company (SE)

Fabege is, together with Peab and Brinova, forming a new residential property company, Tornet AB, which will own and develop rental apartments. The company will develop and manage existing properties ...

Marco Polo Tower recognized at European Residential Property Awards (DE)

The Marco Polo Tower was a winner at this year's European Residential Property Awards: The 56-meter high luxury residential tower in Hamburg's HafenCity was named "Best high-rise development" and awar ...

Goodman gets green light for Lyons Park (UK)

Global property group Goodman and Advantage West Midlands have unveiled plans for a major high tech employment and mixed use development, having secured full planning consent to develop the former Jag ...

Land Securities grows London development pipeline with Arundel Great Court (UK)

Land Securities confirms that full planning consent has been granted at appeal for its 1.04 million ft² (96,450 m²) mixed use development of Arundel Great Court, WC2. The detailed plans, by award wi ...

Leading planning lawyer backs planning framework for Last Large London Site (UK)

A leading planning lawyer has endorsed the much anticipated second draft of the Nine Elms Opportunity Area Planning Framework which is proposing up to 16,000 new homes, up to 25,000 new jobs and major ...

The Carlyle Group enters student accommodation joint venture in Benelux (NL/BE)

Global private equity firm The Carlyle Group announced the expansion of its real estate operations into the Benelux region. Through a joint venture with Benelux Property Group SARL, itself a joint ve ...

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