The Investa group has taken its second half-share in a prominent Sydney city centre office and retail development in as many months. Late last year the Investa Commercial Property Fund acquired a 50 per cent stake in the Glasshouse Retail Centre and an... Read More
Investing in commercial property this year is likely to make you as much money as putting your money in equities, claims the manager of one of Britain’s top-rated asset funds. The reason most investors underestimate property funds is because they do not... Read More
Ireland’s newly-formed Hibernia REIT has made its first investment by acquiring a €67m portfolio of property loans from Ulster Bank. The asset collection, which is held by RBS Capital Resolution, includes a mix of commercial and residential properties... Read More
Jones Lang LaSalle has launched its second real estate fund aimed at the Indian commercial property market and is hoping to attract at least Rs 600 crore from investors. The fund, to be managed by the property consultancy’s investment arm Segregated... Read More
One of Cardiff’s biggest office developments has been sold to the international financial management company Fidelity Worldwide Investment for just over £11m. The 60,000sq ft Fusion Point 2 building on Dumballs Road was built as a joint venture... Read More
Two Spanish property funds have launched a €900m fundraising drive — the biggest the country has ever seen — as more and more distressed real estate comes to the market. Six years into a property market slump, buyers are snapping up an... Read More
The Blackstone Group looks set to become the biggest foreign investor in Irish property after hinting that the majority of a newly-raised $5.5bn European fund could be targeted at Ireland. The war chest, officially called the Blackstone Real Estate... Read More
Green REIT — Ireland’s first real estate investment trust — has posted pre-tax profits of €121,000 just days away from clinching a €310m deal to buy a commercial complex in south Dublin. Established in June last year with a €301m London... Read More
In-site Property Solutions — which specialises in flexible leases for small and start-up businesses — has confirmed it has £2m to spend on new commercial properties. The Leeds-based company already owns and manages more than one-million square feet of... Read More
The UAE's commercial proprty market is performing so well that it is leading the way in the global recovery in the midst of an "improving macro climate" according to the most recent RICS Global Commercial Property Market Monitor. Growth indicators are... Read More