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International Property News

Global property news - the latest property stories from Europe, Asia, Africa and the Americas.

Solar panel 624px

Spanish solar debt deal sealed by BlackRock

21 February 2017 8:27 am

BlackRock Real Assets has closed a debt investment financing a portfolio of operational solar PV[1] assets in the south of Spain with Elecnor.

Havanna_3 CBRE GI

CBRE GI acquires iconic Swedish offices

16 February 2017 11:22 am

CBRE Global Investors has acquired the iconic office property Tobaksmonopolet 2 in Stockholm from Aberdeen Asset Management on behalf of a client.

Finance

Patrizia income beats expectations for 2016

15 February 2017 9:33 am

Patrizia , the pan-European property investment manager, exceeded its profit forecast for 2016 with increased transaction volumes and higher performance fees for the year to 31 December..

EPO new building

Turner & Townsend takes European patents to new places

15 February 2017 6:17 pm

Turner & Townsend has been appointed to programme manage the relocation of 1,750 staff to the European Patent Office’s new main building in one of the largest sustainable construction projects in the Netherlands.

Edeka

Savills IM acquires €75m of German-Luxo assets

15 February 2017 11:37 am

Savills IM has acquired a pair of assets in Germany and Luxembourg for a combined €75m on behalf of a pension fund based in southern Germany.

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Finance

Fidelity raises €111m in Eurozone capital raising

14 February 2017 10:18 am

Fidelity International’s Eurozone Select Real Estate Fund has finished its latest round of capital raising, bringing in €111m in 12 weeks.

Flags from across Europe

European office yields forecast to be ‘roughly the same’ in 2021

10 February 2017 0:00 am

Capital Economics has issued a bullish forecast for the office investment market in continental Europe.

Av salary sex

Salary survey 2017: Pay packets take a hit post Brexit vote

17 February 2017

Average salaries and bonuses have fallen sharply in the past year as the double whammy of a cooling market and the Brexit vote hit home, reveals the annual RICS and Macdonald & Company UK salary survey, shared exclusively with Property Week.

Availability by grade

Bigger is better for take-up

20 February 2017

Industrial take-up in the final quarter of 2016 hit a record high of 13.9m sq ft, boosted by strong demand from online and discount retailers, figures from Gerald Eve’s Prime Logistics bulletin show.

New build homes

Necessity could well prove the mother of invention

18 February 2017

The emphasis of last week’s housing white paper - more green than white in nature - was on consultation, with a helpful emphasis on multi-tenures and on a diverse and broadening array of players that can contribute. The industry now has a chance to help shape practical policy for the sector as a whole.

Alex Morton

Developers need to understand government's view

17 February 2017

Rising rents and falling ownership are an unhappy political combination, particularly for the Conservative Party.

The Co-operative food store

Co-op may have lost market share but its performance has improved dramatically

17 February 2017

A decade ago, Aldi was the 10th biggest food retailer in Britain. Now it has overtaken the Co-op to claim fifth place.

Brexit

Lure of London will always prevail over domestic gloom

17 February 2017

It would be easy to have a gloomy outlook in London at the moment.

Interserve shopping centre

Time to breathe new life into our failing shopping centres

17 February 2017

The effect of the permitted development rights (PDR) regime has been remarkable in giving many obsolete office buildings a new lease of life - usually as residential developments.

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Poll

Will the fall in average wages and bonuses revealed by the 2017 RICS and Macdonald & Company salary survey be reversed in the coming year?