PARIS-The fund will focus on retail properties in and around Paris, and on high-street and edge-of-town units in the main regional centers with large catchment zones.
ZURICH-The city’s Bahnhofstrasse has the highest rates in Europe, at $942 per square foot, ranking it third in the world after Hong Kong and New York City, according to Location Group
PARIS-The local region investment market is continuing to recover, likely to hit $9.5 billion this year and should grow further in 2011, Jones Lang LaSalle said in a report.
BERLIN-As the discount spirit spreads to sectors beyond basic consumer goods, it will become increasingly difficult to meet demand in small inner-city venues.
PARIS- Foncière Paris France will raise $135 million with a Nov. 24 bond to finance its purchase of the commercial business operated by Société Nationale Immobilière's SAGI unit.
AMSTERDAM-Market turbulence has led to earlier discussions and decisions on terminations, according to the European Association for Investors in Non-listed Real Estate Vehicles.
HURTH, GERMANY- Located 10 kilometers south of Cologne, Hurth Park offers 150 stores in about 700,000 square feet and an annual rental income of $17 million.
BERLIN-King Sturge says a real estate climate index shot up 8.5% from September to October, due to new beliefs on growth, falling unemployment and optimism.