The top three Eastern European cities for new retail space construction are Moscow (11.14msf), Kyiv (3.81msf) and Sofia (2.23msf), according to a Q3 2012 report by Colliers International. The cities included Open up communication Erectile Dysfunction cialis rx condition can … Continue reading →
Bloomberg reports that retail properties in the Netherlands generated returns of 7.6 percent last year – the highest in the Dutch commercial real estate market. Dutch pension group APG Algemene NV – the third largest pension fund in the world … Continue reading →
The Basel III rules, which take effect next year, require European banks to hold more capital against loans secured by commercial property. As a result, banks are expected to sell more commercial loans and distressed assets, according to The Wall … Continue reading →
The Greek government intends to market 40 of its islands for lease in an effort to raise revenue, according to The Telegraph. The Hellenic Republic Asset Development Fund is charged with raising 50 billion Euros by 2020 to meet the … Continue reading →
CBRE expects the Russian commercial real estate investment market to grow to $4.5 billion in 2012, according to SA Commercial Prop News. In 2011, CRE investment transactions totaled $6.4 billion. Over 3.4 million square feet of industrial space was delivered … Continue reading →
Close to 2.8 million square feet of retail space was delivered in Poland during the first half of 2012, according to PropertyEU. The 19 new projects include 10 new shopping centers, four extensions, three stand-alone retail warehouses and two retail … Continue reading →
The Wall Street Journal reports that a new survey expected to be released by KPMG LLP is expected to show a resurgence of caution by commercial real estate executives in regards to the recovery. The survey shows that a majority … Continue reading →
London was the top city for overseas commercial real estate buyers in the second quarter of this year, according to Bloomberg. Foreign CRE investment rose 32 percent to $8.67 billion for April through June 2012. Paris came in second with … Continue reading →
Commerzbank, Germany’s second largest lender will transfer its commercial real estate and ship financing business to a restructuring unit aimed at winding down non-core assets, according to The Wall Street Journal. The two portfolios constitute a total volume of $215 … Continue reading →
The planned 150-story Chicago Spire remains a pit in the ground four years after construction stopped due to financing challenges and the global recession. The two-acre parcel on which the Spire was to be built is located in a coveted … Continue reading →