Capital seeking deployment in European real estate continues to diversify by geography and source. As the market approaches the final phase of the legacy deleveraging, this is driving changes in the structure of the property investment management industry.
From the Current Issue
Asia’s real estate markets are still considered emerging markets by many, and, broadly speaking, this is correct. However, for a handful of Asia’s most advanced economies, this label is no longer applicable.
By mid-summer 2013, a number of early signals, including a return to positive territory for GDP growth, suggested that the European economy had finally reached a turning point in its long path to recovery.
At a time when the investment arena of the European economy is still felt by many to look pretty poor, Poland’s investment market can point to success.
Editor Richard Fleming spoke recently with CEO Marcel Kokkeel and CFO and executive vice president Eero Sihvonen about Citycon’s strategy and its plans, and about the prospects for the Nordic retail sector.
The IREI editorial and board meeting staff have just finished a grand tour of the globe, consulting our Editorial Advisory Boards in the Americas, Asia Pacific and Europe, as we always do at this time of year.
Paris — the city of light, the city of love. The city of commercial real estate investment?
European fundraising was very active in September 2013, with a number of European funds launching or having their first close.
Vienna-based SIGNA has taken a stake in the Karstadt department store business, with an investment of €300 million.
Paris-based BNP Paribas Real Estate has announced the acquisition of Munich-based iii-investments GmbH, a subsidiary of HypoVereinsbank, UniCredit Group.
The European logistics market is being driven by demand for large-size units, reports Jones Lang LaSalle, with take-up in Q2 2013 of 3.6 million square metres, a 23 percent increase over the quarter.
Ankara is the capital city of Turkey and the country’s second largest city after Istanbul.