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CBRE Global Investors appoints country manager for Netherlands

CBRE Global Investors has appointed Paul Oremus as the country manager of The Netherlands. »


Russian flag

MirLand assets up 7.6 per cent in Q1

MirLand Development Corporation has reported an increase in total assets of 7.6 per cent to USD800.4m for the three month period ended 31 March 2013. Of that total, 94 per cent of assets are property and land.  »


Robin Broadhurst, chairman of Grainger plc

Grainger reports pre-tax profit of GBP11m

Grainger has reported positive momentum across its management platform with new strategic alliances with key partners positioning the company for future growth, while reducing the requirement for capital investment. »


Care home

Target Advisers hires new staff and moves to larger premises

Target Advisers, property managers in the healthcare sector, has appointed two new members of staff and moved to larger premises in Stirling from its previous location in Dunblane, Scotland. »


Japanese flag

Nippon Prologis REIT to issue new investment units

Nippon Prologis REIT (NPR), a Japanese real estate investment trust, is to issue new investment units. »


Shopping bags

Asset management drives solid operational performance at Capital & Regional

Capital & Regional has reported solid operational performance in the firm’s UK shopping centre portfolio with occupancy up 0.9 per cent year on year to 94.6 per cent and footfall outperforming the national index by 1.3 per cent in the year to date. »


Irish flag

Central Bank of Ireland launches AIFMD regime

The Central Bank of Ireland has issued the necessary application forms and accompanying rules to allow alternative investment fund managers (AIFMs) and alternative investment funds (AIFs) to apply for authorisation under the new Alternative Investment Fund Managers Directive (AIFMD). »


Daniel B Hurwitz, chief executive officer of DDR

DDR to acquire prime power centres from Blackstone joint venture for USD1.46bn

DDR Corp is to acquire a portfolio of prime power centres from its existing joint venture with Blackstone Real Estate Partners VII. »


Phil Tily, managing director for the UK and Ireland, IPD

UK commercial property values fall by just 0.04 per cent as regional declines slow 



Capital declines for UK commercial property slowed to their lowest in 17 months in April, as regional returns rose and London saw improvements in its office markets, according to the IPD UK Monthly Property Index. »


Riverside House, Aberdeen

Rockspring sells Riverside House, Aberdeen for GBP13.75m

Rockspring Property Investment Managers has sold Riverside House in Aberdeen on behalf a separate account mandate for GBP13.75m to Aston Property Ventures. »


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