Duff & Phelps, a provider of governance, risk and transparency solutions, has published a survey revealing that nearly four in 10 investors (39 per cent) expect commercial real estate assets to fall between 5-10 per cent in value in 2020, whilst nearly a third (31 per cent) predict a fall of 10 per cent or more as a result of the pandemic.
Private equity real estate investment manager Meyer Bergman has completed the sale of Montblanc House, Hamburg to Values Real Estate, formerly DC Values, for an undisclosed sum.
In response to the devastating explosion in the Port of Beirut in August, Miller Homes has partnered with Habitat for Humanity Great Britain to help rebuild the Lebanese capital.
Real estate investor and manager Cromwell Property Group (Cromwell) has acquired a 1,500 sq m office building located at 7 rue de la Baume in the 8th arrondissement of Paris on behalf of a foreign investor. Acquired off-market, the asset is fully let with a nine-year firm lease.
Purchase prices per square meter for residential real estate in major German cities have almost doubled since 2012.
Luxembourg-based asset and investment specialist REInvest Asset Management has acquired 30 Lombard Street for the DEREIF SICAV-FIS fund, which invests in projects across Europe.
Chancerygate has pre-sold nearly 70 per cent of its 88,900 sq ft Panorama industrial development in Dartford, Kent ahead of practical completion.
RDI, an income focused UK Real Estate Investment Trust (UK-REIT), has exchanged contracts for the disposal of its UK retail parks portfolio of six assets for GBP156.9 million to M7 Real Estate Limited, on behalf of M7 Box+ II.
European real estate investors were the most active of the non-domestic investor groups in London in H1 2020, surpassing investment activity by AsiaPac investors for the first time since 2011, says Savills.
CBRE Global Investors has launched a white paper in its Perspectives series exploring the role of real asset impact investing in an era of Covid-19 recovery.