International News
Redefine International begins trading as a UK REIT
Redefine International P.L.C., which has a primary listing on the London Stock Exchange and a secondary listing on the Johannesburg Stock Exchange, announced today that it will commence trade as a UK-REIT on both bourses from 4 December 2013. ... Full story
Redefine International aims for UK-REIT status
Redefine International P.L.C., which is dual listed on the London and Johannesburg Stock Exchanges, announced that it intends converting to a UK-REIT and internalising its management function.
MAS acquires prime development site in Edinburgh
JSE Alt-X listed and Isle of Man based real estate investment company MAS Real Estate (MAS) has acquired 100% of the shares in Artisan IP 10‚ the company established in 2011 to acquire and develop a much sought-after mixed-use site in the heart of Edinburgh’s historic city centre.
European shopping center development grows 50% in 2013
An unprecedented 11.9 million m² of shopping center space is currently under construction in Europe, representing a 50% increase year-on-year (7.2 million m² in 2012), according to the latest research from global property advisor CBRE.
Redefine International participates in Cromwell capital raising
Redefine International, the London-based diversified income focused property company, announced today its plans to participate in and sub-underwrite a capital raising of up to AUD 163 million by the Cromwell Property Group.
Eurozone, IMF secure new deal to reduce Greek debt
Eurozone finance ministers and the International Monetary Fund (IMF) have struck a deal to release the next tranche of bailout money for debt-laden Greece.
No Olympic boost for London property Prices
With the London Olympics opening ceremony just weeks away, the promise of rocketing house prices in the areas surrounding the Olympic site has not been fulfilled.
U.S. Retail Landlords breathe a sigh of relief
One of the most encouraging signs for the industry is that the era of massive big-box vacancies appears to be over
Overseas investor demand hots up in Central London market
Both the City and West End markets witnessed increased activity from overseas investors during 2011, which is set to continue throughout 2012 as London retains its ‘safe-haven’ status according to Savills.
US remains top Real Estate pick for Global Investors
The United States will remain the top choice of most global commercial real estate investors in 2012, but the country has lost ground to Brazil which ranked No. 2 this year, according to a survey released Sunday.
Landlords urge Business Rates rethink
The British Property Federation (BPF) has joined property owners and retailers in urging the government to have a rethink on the method they use to calculate commercial property tax
Commercial real estate deals decline in U.S. as rebound cools
The U.S. commercial real estate market has slowed in the past three months as the sputtering economy and a pullback in debt financing limited deals, cooling a recovery from Washington to California.
China warns banks of risks in commercial property
China's bank regulator has urged banks to guard against risks in commercial real estate projects that have been targeted by speculative investment, the China Securities Journal reported on Tuesday, citing an unnamed source.
