All news

Roger Matthews, chairman, LSL Property Services

LSL Property Services makes profit before tax of GBP19.7m

Wed, 04/08/2010 - 11:14

LSL Property Services, a provider of residential property services incorporating both estate agency and surveying businesses, made a profit before tax of GBP19.7m for the six months ended 30 June 2010, up from GBP4.3m in the first half of 2009. »

Emerging markets private equity investment totals set to beat 2009

Wed, 04/08/2010 - 10:10

A robust recovery is underway in emerging markets private equity as investment pace is picking up significantly post-crisis and appears on track to beat 2009 totals. »

Yields and rents heading for the doldrums, delegates told

Wed, 04/08/2010 - 09:56

UK property yields and rents look to be heading for the doldrums as the influences driving capital movements plateau, delegates at the IPD/IPF/PDIG Quarterly Q2 Briefing were told. »

Commercial real estate shows further signs of slowdown

Wed, 04/08/2010 - 06:09

All-property total returns slowed to 3.6 per cent in Q2 against 6.2 per cent in the previous quarter, according to the latest Jones Lang LaSalle Quarterly Index. »

Alter Domus opens an office in Singapore

Wed, 04/08/2010 - 05:13

Alter Domus, an independent provider of outsourced administration services to multinationals and alternative investment funds, has opened its office in Singapore. »

Government Properties Income Trust reports net income of USD7.7m

Wed, 04/08/2010 - 05:09

Government Properties Income Trust has reported net income available for common shareholders of USD7.7m, or USD0.25 per share, for the quarter ended 30 June 2010 compared to USD5.9m, or USD0.47 per share for the quarter ended 30 June 2009. »

Real estate remains largest alternative investment for pension funds

Tue, 03/08/2010 - 15:07

European institutional investors sharpened their focus on higher returns in 2009 while striving to keep risk under control, according to the tenth edition of the European Institutional Asset Management Survey. »

Henderson acquires retail unit in Halifax for GBP5.7m

Tue, 03/08/2010 - 14:13

Henderson Global Investors has acquired a retail warehouse unit in Berry Lane, Halifax for GBP5.7m reflecting a net initial yield of 6.65 per cent. »

Grubb & Ellis Healthcare Reit II acquires medical office building in Idaho

Tue, 03/08/2010 - 13:05

Grubb & Ellis Healthcare Reit II has acquired a 98.75 per cent interest in Pocatello East Medical Office Building, a four-story, 76,000 square foot, class A multi-tenant facility in Idaho. »

Benson Elliot and Algonquin acquire Novotel Edinburgh Park

Tue, 03/08/2010 - 11:04

Benson Elliot Capital Management and Algonquin have completed the joint acquisition of the Novotel Edinburgh Park, Edinburgh. »

Michael Neal, fund manager of the Henderson Retail Warehouse Fund

Henderson disposes of 25 per cent stake in the Brewery, Romford

Tue, 03/08/2010 - 09:16

Henderson Global Investors, on behalf of the GBP1bn Henderson Retail Warehouse Fund, has completed the sale of a 25 per cent stake in the Brewery in Romford to Prupim for GBP44.25m. »

Hartman Income Reit adds to Houston office portfolio

Tue, 03/08/2010 - 04:57

Houston-based Hartman Income Real Estate Investment Trust’s jointly-owned subsidiary Hartman 1960 Properties has purchased 616 FM 1960 from Koll Bren Fund V. »

Tetragon Financial Group invests in GreenOak Real Estate

Mon, 02/08/2010 - 14:58

Tetragon Financial Group has entered into an agreement with John Carrafiell, Sonny Kalsi and Fred Schmidt to invest in their newly created multi-jurisdictional real estate venture, GreenOak Real Estate. »

Declan O’Sullivan, head of Dechert’s Dublin team

Dechert opens Dublin office

Mon, 02/08/2010 - 11:04

Law firm Dechert has opened its Dublin office and is expanding its European funds practice. »

Vornado acquires 26.2 per cent equity interest in LNR Property

Mon, 02/08/2010 - 10:56

Vornado Realty Trust has acquired a 26.2 per cent equity interest in LNR Property for a new investment of USD116m in cash and conversion into equity of its USD15m mezzanine loan (current carrying amount) made to LNR's parent. »

Hines sells office tower in Chicago

Mon, 02/08/2010 - 09:36

The Chicago office of real estate firm Hines has sold 300 North LaSalle to KBS Realty Advisors, a Southern California investment firm. »

More positive signals for European office markets

Mon, 02/08/2010 - 05:07

Although austerity measures and concerns surrounding sovereign debt in European economies triggered a new wave of economic uncertainty and volatility in financial markets, positive signs increased in the office markets during quarter two 2010, according to Jones Lang LaSalle’s Q2 2010 European Property Clock. »