Strong Demand in Development and Investment Continues ın Hungary

The volume of investment in Hungary is increasing day by day. The investment volume in Hungary this year was up to EUR 1.6 million. The investment volume of Hungarian investors increased by 50 percent. Nevertheless, foreign investments in the country increased.”Yields for Budapest provide a 70-100 basis point premium on Warsaw and Prague” according to …

Europe’s most preferred real estate investment and development destinations in 2017

In the search for safe havens, German cities will be Europe’s most preferred real estate investment and development destinations in 2017, according to Emerging Trends in Real Estate® Europe 2017. Berlin, Hamburg, Frankfurt, and Munich occupy four of the top five spots for 2017 investment and development prospects in the annual forecast published jointly by …

CDL ranked top Singapore company in Global 100 Most Sustainable Corporations in the world in 2017

City Developments Limited (CDL) has emerged as the Top Singapore Company and the Most Sustainable Corporation in Real Estate Management & Development in the prestigious Global 100 Most Sustainable Corporations in the World in 2017. Coming in at the 30th spot, CDL is also the first and only Singapore company to be listed on the …

GLP secures strategic land for long-term logistics development in Japan

GLP(Global Logistic Properties), the leading global provider of modern logistics facilities, has secured a strategic land parcel for long-term logistics facilities development in Greater Tokyo. GLP Sagamihara will be developed in phases and ultimately provide over 655,000 square meters (“sqm”) (7 million square feet (“sq ft”)) of total gross floor area across six buildings. GLP …

AMP Capital announces residential land development joint venture in Sydney

AMP Capital, on behalf of one of its separate account clients, has entered into a joint venture with New South Wales house builder and developer Rawson Group to deliver high-quality residential housing solutions for two developments in Sydney’s northwest and southwest. AMP Capital has taken a one third equity share in the joint venture, which …

The Crown Estate to develop mixed retail and office block in St James’s,London

The Crown Estate, the royal family’s commercial property arm, confirmed that it would begin the redevelopment of Duke’s Court, a mixed retail and office block on the corner of Duke Street St James’s and Jermyn Street in St James’s. The plans, which have been designed by John McAslan and Partners and will be delivered by …

New boutique apartment development in Perth, Australia

Terraza206 is a boutique apartment development of just 55, one and two bedroom apartments, perfectly positioned in the urban enclave of East Perth. This development presents a unique opportunity to secure an unmatched inner-city lifestyle, connected to some of Perth’s best cafes, restaurants and entrainment precincts including Elizabeth Quay, Perth Arena, Crown Casino, the new …

Keppel Land China to acquire newly completed retail development in Shanghai

Keppel Land China Limited (Keppel Land China) will acquire a newly completed retail development in Jiading District, Shanghai, China, for a total consideration of RMB 500 million (approximately S$102 million). The retail development has a gross floor area of 40,927 sm and a net lettable area of approximately 32,800 sm. It is part of a …

Modern mix-use urban development in Jumeirah Village Circle,Dubai

Bloom Heights is a modern mix-use urban development that encompasses residential and retail elements.The project offers a total of 686 residential spacious units ranging from studios, one, two and three bedroom apartments. Bloom Heights will feature modern and contemporary architecture with an intelligent design that maximizes the value of living space. In addition to its …

European shopping centre development completions reach 1.3 million sqm in H2 2016 : CBRE

European shopping centre development completions in the first six months of 2016 totalled 1.3 million square meters (sq m) with a further 9.4 million sq m of new retail space under construction, 28% of total retail space under construction in Europe in H1 2016 accounts for Russia, according to the latest research from global property …