World News
Student Housing REITs Continue Development Focus: US
Student Housing REITs are the most active developers in the commercial property sector today. The sector is well into its development cycle, while its conventional counterpart, multifamily, is still ramping up. ... Full story
London continues to grow amidst UK slowdown
Central London offices, retail and industrial units remain the only areas of the UK commercial property market recording a positive growth in values, according to the IPD UK Monthly Index. ... Full story
European office rents soften slightly
Prime office rents fell by 0.3% in Q1 2012. This is the first overall recorded reduction in rents since Q4 2009. The net reduction masked both rises and falls across several prime office rental markets. ... Full story
Prime world city markets turn negative
The Knight Frank Prime Global Cities Index records first quarterly fall since 2009. The value of prime property in the world’s key cities fell by 0.4% in the first quarter of 2012. ... Full story
Global Debt Funding Gap to reach US $216 billion
DTZ Research has released its latest Global Debt Funding Gap report, estimating that nearly 85% of the US $216 billion (approx. €168 billion) global gross debt funding gap will be in Europe over the next two years (2012-2013). ... Full story
Prague office market green leader and solid leasing performance
At the end of Q1 2012 the class-A and B office stock in Prague totaled 2,814,000 m², which means that the Prague office market is – after Warsaw and Budapest – the third largest in CEE. ... Full story
Property slowdown leaves China on shaky ground
China’s property chickens are coming home to roost. Last week’s economic data shows that a year of falling prices is finally changing developers’ speculative behaviour. ... Full story
Euro zone turmoil boosts London property stampede
Worsening financial and political turmoil in southern Europe caused a surge of interest in London property last month with buyers from Greece and Spain showing strongly among investors seeking a safe haven for their money. ... Full story
Singapore sees pockets of hot activity in property
Singapore’s housing minister said on Monday the government continues to have concerns about the residential property market, in particular small-sized "shoebox" apartments, and will not hesitate to take more action if needed. ... Full story
Spanish tax reform undermines real estate market
The Spanish government’s introduction of new legislation to restrict interest deductions for taxation purposes could further reduce the flow of international capital into domestic commercial property, exactly at a time when the depressed local market is an important factor weighing on Spain’s recession-hit economy, the European Public Real Estate Association (EPRA) said. ... Full story
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Village View gets R20 million Facelift
The stylish Village View shopping centre in Bedfordview is undergoing a R20 million makeover by owners The Cavaleros Group. ... Full story
