http://www.immopro24.com/real-estate-news/current-news_1.html Find current messages and news from the international economy of real estate and commercial property. en (c) Copyright 2008 by Immopro24 info@immopro24.com info@immopro24.com 2008-10-06T21:05:28+02:00 2008-10-06T21:05:28+02:00 http://www.immopro24.com/real-estate-news/experts-upbeat-about-property_15934.html Tees Valley property experts are cautiously optimistic about the sector’s long-term prospects, despite residential land values in the North-east nose-diving by 25% in the last year. 2008-10-02T19:37:00+02:00 http://www.immopro24.com/real-estate-news/experts-upbeat-about-property_15934.html http://www.immopro24.com/real-estate-news/st-modwen-sees-no-end-to-property-gloom_15913.html St Modwen Properties warned on Wednesday that yields in the commercial property sector were worse than it had expected, outpacing the benefits of its asset management programme. Toby Shelley 2008-10-01T13:34:23+02:00 http://www.immopro24.com/real-estate-news/st-modwen-sees-no-end-to-property-gloom_15913.html http://www.immopro24.com/real-estate-news/wealth-funds-go-global-in-commercial-property_15832.html SOVEREIGN wealth funds (SWFs) could invest more than £390bn in global commercial property around the world by 2015, according to global property consultants CB Richard Ellis (CBRE). Such funds have already shown their strength in the world property market, but CBRE says up to 7% of their funds could be invested in commercial property in seven years’ time. Alistair Houghton 2008-09-24T10:44:26+02:00 http://www.immopro24.com/real-estate-news/wealth-funds-go-global-in-commercial-property_15832.html http://www.immopro24.com/real-estate-news/duet-expands-and-launches-distressed-funds-with-new-hires_15831.html Duet Group, the London-based alternative asset management firm, has significantly boosted its strength with a number of senior hires mostly from Merrill Lynch aimed at expanding the firm globally, launching new funds and strengthening the management team. 2008-09-24T10:42:43+02:00 http://www.immopro24.com/real-estate-news/duet-expands-and-launches-distressed-funds-with-new-hires_15831.html http://www.immopro24.com/real-estate-news/nibc-bank-profit-after-tax-from-continuing-operations-in-2007-rises-4-to-242-million_14022.html The profit after tax from continuing operations in 2007 4% higher at €242 million despite difficult market circumstances. Net profit attributable to parent shareholders of NIBC Bank for 2007 totals €98 million due to a loss of €141 million on our discontinued US business in the first half of 2007. Tier-1 ratio remains strong at 11.7%. Several landmark M&A transactions and the launch of a number of investment funds underpin NIBC’s franchise and growth potential. The shareholders of NIBC endorse the determination of NIBC to remain an independent merchant bank and confirm their commitment to a new equity capital injection of €300 million. property-magazine.de 2008-02-22T15:00:24+01:00 http://www.immopro24.com/real-estate-news/nibc-bank-profit-after-tax-from-continuing-operations-in-2007-rises-4-to-242-million_14022.html http://www.immopro24.com/real-estate-news/vastned-officesindustrial-higher-occupancy-rate-due-to-improves-quality-property-portfolio_14020.html After a sharp increase in 2006, the investment result fell 18% from € 49.8 million to € 40.7 million in 2007. The direct investment result rose from € 32.2 million in 2006 to € 35.1 million in 2007, while the indirect investment result fell to € 5.6 million (€ 17.6 million). property-magazine.de 2008-02-22T15:00:09+01:00 http://www.immopro24.com/real-estate-news/vastned-officesindustrial-higher-occupancy-rate-due-to-improves-quality-property-portfolio_14020.html http://www.immopro24.com/real-estate-news/strong-investment-interest-in-trentham-lakes-bucks-market-trend_14018.html Three speculative schemes on the 400-acre Trentham Lakes development in Stoke-on-Trent, known as Trentham Office Village, Trentham Business Quarter and Trentham Trade Park, are proving highly successfully in attracting private investors as well as owner-occupiers wanting to buy business space, despite reports of a general slackening in the ccmmercial property market. property-magazine.de 2008-02-22T14:00:07+01:00 http://www.immopro24.com/real-estate-news/strong-investment-interest-in-trentham-lakes-bucks-market-trend_14018.html http://www.immopro24.com/real-estate-news/bulgaria-absorbs-only-23-per-cent-of-eu-preaccession-infrastructure-funds_14013.html Bulgaria has absorbed about 23 per cent of the funds for infrastructure from EU's pre-accession ISPA programme. property-magazine.de 2008-02-22T12:00:31+01:00 http://www.immopro24.com/real-estate-news/bulgaria-absorbs-only-23-per-cent-of-eu-preaccession-infrastructure-funds_14013.html http://www.immopro24.com/real-estate-news/demand-for-sofia-property-still-rising_14012.html Interest in Sofia property investment projects is continuing to rise despite fears that there are already too many players on the market, a recent report suggests. A survey conducted by real estate investment company Karrat Group suggests that while demand for homes in Sofia is growing, it is not as easy to meet buyers' expectations as it was several years ago. property-magazine.de 2008-02-22T12:00:28+01:00 http://www.immopro24.com/real-estate-news/demand-for-sofia-property-still-rising_14012.html http://www.immopro24.com/real-estate-news/direct-investment-result-vastned-retail-rises-to-385-per-share_14011.html In 2007, the investment result rose by 41.4% from € 172.9 million in 2006 to € 244.5 million. The 2007 investment result comprises a direct investment result of € 64.4 million and an indirect investment result of € 180.1 million. property-magazine.de 2008-02-22T12:00:24+01:00 http://www.immopro24.com/real-estate-news/direct-investment-result-vastned-retail-rises-to-385-per-share_14011.html http://www.immopro24.com/real-estate-news/drivers-jonas-appoints-martin-hadland_14010.html Drivers Jonas (DJ) has made a strategic appointment in its expanding National Education Practice. property-magazine.de 2008-02-22T12:00:23+01:00 http://www.immopro24.com/real-estate-news/drivers-jonas-appoints-martin-hadland_14010.html http://www.immopro24.com/real-estate-news/humberts-lets-more-than-8000-sq-ft-of-offices-and-workshops-at-hamble-river-boatyard_14009.html Humberts in Southampton has successfully let more than 8,000 sq ft of prime riverside offices and workshops at Hamble River Boatyard. property-magazine.de 2008-02-22T12:00:21+01:00 http://www.immopro24.com/real-estate-news/humberts-lets-more-than-8000-sq-ft-of-offices-and-workshops-at-hamble-river-boatyard_14009.html http://www.immopro24.com/real-estate-news/no-real-estate-bubble-in-bulgaria-unicredit-bulbank_14008.html Even though yields have decreased in recent years, Bulgaria's property sector was still a sound investment, fetching satisfactory returns at low risk, the chief executive of Bulgaria's biggest bank, UniCredit Bulbank, Levon Hampartzoumian told news conference. property-magazine.de 2008-02-22T12:00:16+01:00 http://www.immopro24.com/real-estate-news/no-real-estate-bubble-in-bulgaria-unicredit-bulbank_14008.html http://www.immopro24.com/real-estate-news/savills-europe-opens-belux-office-with-two-real-estate-heavyweights_14007.html Savills has today, 22 February 2008, opened an office to service the Belgian and Luxembourg property sector. It is located at Avenue Louise 81, Brussels, Belgium. property-magazine.de 2008-02-22T12:00:08+01:00 http://www.immopro24.com/real-estate-news/savills-europe-opens-belux-office-with-two-real-estate-heavyweights_14007.html http://www.immopro24.com/real-estate-news/the-return-of-the-dollar_14005.html One question often asked by clients is the direction of the US dollar? Many investors worry about the US current account deficit, whether the US can attract sufficient capital from overseas investors when the economy appears on the verge of recession. We disagree with such views, and expect a dollar recovery. property-magazine.de 2008-02-22T11:00:17+01:00 http://www.immopro24.com/real-estate-news/the-return-of-the-dollar_14005.html