Accounts

C&W reports record revenue in first half

Cushman & Wakefield saw gross revenue increase 23.7 per cent to USD1,279 million for the six months ended 30 June 2014, compared with USD1,033.9 million for the prior year period. »


Document signing

Secure Property to acquire Bucharest office building

Secure Property Development & Investment, a South Eastern Europe focused property investment company, is to acquire the EOS Business Park, a fully let income producing office building in Bucharest, Romania.  »


Handshake

Palmer Capital appoints deputy chairman

Palmer Capital, the London-based real estate investment and asset management group, has appointed Nick Cooper as a director and deputy chairman with effect from 1 September 2014. »


Report

CREFC Europe responds to Bank of England’s paper on improving availability of UK credit data

The Commercial Real Estate Finance Council Europe (CREFC Europe) has submitted its response to the Bank of England’s discussion paper on improving the availability of UK credit data, focusing specifically on commercial real estate (CRE) debt market information. »


Canada flag

Allied Properties acquires two properties in Toronto's Downtown West

Allied Properties REIT has closed the acquisitions of 555 Richmond Street West and 460 King Street West in Toronto. »


Euros

IPUT acquires EUR115m property portfolio from Bank of Ireland Staff Pension Fund

IPUT has acquired a portfolio of commercial property assets from the Bank of Ireland Staff Pension Fund for an all cash consideration of EUR115m in an off-market transaction. »


France flag

France Institutional OPCI property fund index delivers 1.7 per cent in H1 2014

The IPD France Institutional OPCI Property Fund Index, published in partnership with ASPIM, showed a six month total return of 1.7 per cent as at 30 June 2014. »


Poland

Greenberg Traurig advises Amstar in purchase of Warsaw residential tower

Greenberg Traurig’s international real estate group has advised US-based private equity investor Amstar in its first joint venture in Poland. »


Drugs

Griffin-American Healthcare REIT III to acquire Carolina Commons Medical Office Building

American Healthcare Investors and Griffin Capital Corporation, the co-sponsors of Griffin-American Healthcare REIT III, are to acquire Carolina Commons Medical Office Building. »


One finger

Bari Group opens first Element Hotel in Europe at Gateway Gardens

Bari Group has opened the first Element Hotel in Europe in Frankfurt's new Gateway Gardens district. »


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