Real Estate News

Cataluña, 2011-10-06 | Running Deal Commercial Property

• La Generalitat de Catalunya encarga a Jones Lang LaSalle la venta de 2 carteras de inmuebles

  El proceso se enmarca dentro de la estrategia puesta en marcha por el Gobierno autonómico para reducir deuda Ambos lotes están valorados en un total de 328 millones de euros

  Esther Rovira for Jones Lang LaSalle

Europe, 2011-10-06 | Property Markets, Commercial property: Office

• RENTAL RECOVERY IN EUROPEAN PRIME CBD OFFICE MARKETS

  International real estate advisor Savills predicts that prime central business district (CBD) office markets in Europe have bottomed out and are showing trends of rental recovery. According to the firm’s pan-European index of prime CBD office rental growth markets, the UK, Sweden and Germany will show the largest amount of growth in the short to mid term, with average rents expected to rise by 11.1% in London’s West End, 7.9% in Stockholm and 3.5% Berlin in 2012.

  Julia Dietrich for Savills

Europe, 2011-10-06 | Commercial Property Investment, Property Markets, Property Investment

• EUROPEAN YIELDS SHOW SIGNS OF CONVERGING AGAIN

  According to Savills European data, the average yield gap between prime and secondary offices has compressed by approximately 18 basis points over the past twelve months and now stands at 89.5 basis points. This, the international real estate advisor states, follows a high point in January at which the average yield gap between prime to secondary yield was 91.3 basis points – the highest since 2005.

  Julia Dietrich for Savills

Germany, 2011-10-04 | Property Markets

• King Sturge Real Estate Economy Index: Euro Crisis Dampens Spirit of Real Estate Economy

  • Real Estate Climate drops for second time in a row • Confidence slumps, especially in regard to office property • Helge Scheunemann, Jones Lang LaSalle: “There is no need for pessimism. The real estate economy is competitively positioned.”

  Ute Gombert for King Sturge Deutschland

Berlin, 2011-10-04 | Green Building

• Diamona & Harnisch – Green Builder in the German Capital

  • Königsquartier to be fitted with geothermal system • 70 percent of the units marketed one year ahead of completion

  Jaroslaw Plewinski for Diamona & Harnisch

Madrid, 2011-09-07 | Commercial Property Investment, Property Markets, Property Investment, Commercial property: Office

• Madrids office market: decreased vacancys / increased refurbishments

  The Madrid office vacancy rate has eased in the second quarter of 2011, standing at 4.73% in the city’s Central Business District (CBD), down from 5.31% in Q111, according to international real estate advisor Savills. The firm states that this is an encouraging sign for Madrid’s office market, however it is important to note that occupier take-up is not the main reason for the decrease but a lack of new stock coming to the market. Take-up levels for Madrid reached approximately 90,000 sq m (968,751 sq ft) in Q2 2011, down from 160,000 sq m (1.7m sq ft) in Q2 2010.

  Julia Dietrich for Savills

Europe, 2011-09-07 | Commercial Property Investment, Property Markets

• La inversión directa en inmuebles terciarios en Europa registró un crecimiento interanual de un 4% en el segundo trimestre de 2011 y de un 17% durante el primer semestre

  La fuerte actividad registrada en el norte de Europa contrasta con el declive de los países europeos del sur, mientras que en el Reino Unido los volúmenes de inversión cayeron en contraste con un primer trimestre sobresaliente, según Jones Lang LaSalle

  Esther Rovira for Jones Lang LaSalle

Germany, 2011-08-31 | Property Markets

• King Sturge Real Estate Economy Index: Sentiment in the Real Estate Economy Takes Noticeable Dip

  • Real Estate Climate registers steepest decline of the past semester • Unease most apparent in the office and retail markets • Macro-economic Real Estate Economic Situation index buckles

  Ute Gombert for King Sturge Deutschland

Poland, 2011-08-09 | Commercial Property Investment, Property Markets, Property Investment

• Investment volume in Poland is on track to exceed €2BN

  The investment volume in Poland’s commercial real estate market reached just over €1bn in the first half of 2011 according to research by international real estate advisor Savills, reflecting rising investment activity in Poland and confirming its strong position in Central and Eastern Europe.

  Julia Dietrich for Savills