Obsolescence is a powerful dynamic. Growing old — whether quickly or slowly, it still happens — can take you to places where you might not otherwise choose to go. Like anything, real estate wears out over time and needs renewing or replacing. Businesses change, people change, tastes change; and the use to which land and buildings are put also changes.

According to research from Savills, a lack of available office space in prime CBDs across Europe is set to lead to a fall in take-up and further rent rises throughout 2018, adding to the 4.9 percent prime rental increase seen during 2017.

As anyone who regularly visits the Americas will know, extended-stay accommodation, such as serviced apartments and aparthotels, is a vital part of the hotel landscape. In comparison, visitors to the United Kingdom and continental Europe have been missing out on the benefits provided by the extended-stay sector, having to choose between either traditional hotel rooms or private holiday rental properties.

E-commerce disruption has provided the backdrop to two significant M&A plays in the owner and developer space.

Cushman & Wakefield’s latest Office space across the world report shows that Hong Kong has replaced London’s West End district as the world’s most expensive office market.

2018 could be the last year of strong returns for European real estate in a while, if predictions made by Aviva Investors turn out to be correct.

German Estate Group (GEG) has agreed to buy the landmark 29,000-square-metre Japan Center office tower in Frankfurt’s banking district from Commerz Real.

For centuries, European scholars used the phrase ipse dixit to end any discussion. The Latin expression literally means ‘he (the master) said it’ and they used it to justify any of their personal arguments — if they matched those previously used by Aristotle.

Two new funds from Union Investment and Savills Investment Management were given the green light at the tail end of 2017.