All International articles – Page 2
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OnlineGoldman Sachs reports real estate write-downs
Banking giant Goldman Sachs has reported a $485m (£375m) impairment due to writedowns of its real estate investments, according to the group’s second-quarter earnings.
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NewsLendlease to cut 10% of global workforce
Lendlease, the Australia-based property and construction giant, told staff today that it is making a 10% reduction to its global workforce.
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News“AI won’t take your job, but somebody using AI might,” says product manager of Savills’ analytics platform
Doug Jamieson, senior managing director at Savills in New York – and co-product manager of the firm’s portfolio analytics and visualisation platform Knowledge Cubed – joins Montfort’s Andrew Teacher to discuss the outlook for the office market in the Big Apple and beyond.
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InsightMayfair Private Office’s Cameron Smith on why Middle East wealth is looking to prime London property
As we look back on a turbulent first half of the year, with financial instability and a lack of economic growth spreading across borders and industries, some regions have fared much better than others.
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NewsLondon-headquartered Valesco completes €460m Paris Sequana Tower acquisition
The Valesco Group (Valesco) has completed the €460m (£393m) acquisition of Sequana Tower in Paris via a sale-and-leaseback deal, which represents the largest office deal of the year in continental Europe.
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NewsCarmen Ching becomes Salboy Group’s first head of sales
Nationwide property development and funding company Salboy Group has appointed Carmen Ching as its first head of sales, leading the group’s international sales strategy.
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NewsMillennium Group, Allsop and MAPP open Singapore office
Millennium Group has opened a new office in Singapore, with the aim of strengthening its Asia alliance with UK-based firms Allsop and MAPP.
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NewsIPIM expands investor relations with new London office
Asia-based IP Investment Management (IPIM) has opened its first UK office in Haymarket, central London.
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NewsRasmala launches UK resi vehicle with $2bn investment target
Middle Eastern alternative investment manager Rasmala Investment Bank plans to build a UK residential portfolio with an investment value of more than $2bn (£1.58bn).
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NewsUK and German cities have Europe’s highest office fit-out costs
Key UK and German cities including London, Manchester, Hamburg and Munich are the most expensive European locations in which to fit out an office, reveals Cushman & Wakefield data, with UK cities in the top three spots.
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NewsGrosvenor to double international investment despite profit drop
Grosvenor is setting its sights on international deals in a bid to avoid UK property market turmoil as it plans to double the size of its diversified property investments business to £1.5bn over the next five years.
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InsightMipim: Avison Young’s Stephen Cowperthwaite on ‘Better places, greater impact, stronger business’.
As the property industry travels en masse to Cannes to attend Mipim, Avison Young’s Stephen Cowperthwaite offers his views on the conference theme ‘Better places, greater impact, stronger business’.
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InsightNew York Post’s Steve Cuozzo on the dimming allure of South Florida’s property
The Sunshine State property-buying juggernaut that was powerfully accelerated by the pandemic continues its merry way. The trend applies to both residential and commercial real estate in South Florida, a region that consists of Miami-Dade, Broward and Palm Beach counties – home to 6.7 million people within 6,000 square miles.
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NewsCOIMA set to take second big step in the makeover of Milan
ESG-focused Italian developer follows up giant Porta Nuova regen scheme with second big project in the city.
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ProfessionalCan planning policies solve New Zealand’s housing crisis?
Government measures such as zoning changes and investment deterrents aim to tackle the problem
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NewsEuropean prime office rental growth strongest since 2008
European prime office rental growth increased 6.2% in Q4 2022 compared with Q4 2021 – its strongest annualised reading since mid-2008, and up on the 1.7% growth registered a year ago.
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NewsEuropean commercial real estate investment slumps in Q4
Commercial property investment volumes across Europe, including the UK, fell 66% to €53.9bn (£47.7bn) in Q4 2022 from a year earlier, with falls for all the major real estate sectors, MSCI’s European Capital Trends report shows. Total 2022 investment activity in Europe fell 25% to €291.5bn (£258bn).
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OnlineTime Out Market appoints Gillingham Bell to support global expansion
Gillingham Bell International has been appointed global real estate partner by Time Out Market to supports its foodhall expansion.
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NewsJD Sports to open 1,750 new stores in £3bn growth plans
UK-based JD Sports is to spend around £3bn opening up to 1,750 new stores over the next five years, the firm’s new chief executive Régis Schultz has announced.
