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Office Market News

M&G provides €64m funding for Coventry warehouse development

UK institutional investor M&G Real Estate is committing £50.5 mln (almost €64 mln) to the speculative development of a logistics hub in the central English city of Coventry.

Supermarket Property Investment Market ‘Re-boots’ as New Investors Move in

The supermarket property investment market is effectively ‘re‑booting’ following a transformation in the structure and focus of the key operators.

Institutional Investors Place Strong Emphasis on Sustainable Real Estate

Over a third (39%) of institutional investors - pension funds, insurance companies, Sovereign Wealth Funds (SWFs) and banks - view sustainable asset selection as ‘critical’ or ‘one of the most important criteria’ when selecting properties to acquire, according to CBRE’s 2016 EMEA Investor Intentions Survey.

Over One Trillion Dollars to Enter Global Real Estate Market in 2016

London, Los Angeles and Sydney Top Regional Targets to Investors According to CBRE's Global Investor Intentions Survey 2016, real estate investors worldwide remain strongly expansionary in 2016, with more than $1 trillion of planned expenditures anticipated to enter global real estate markets--6 percent higher than in 2015.

London Now Third Most Expensive City to Build in

London is now the third most expensive city in the world in terms of construction costs.

Business Services Sector Needs Modern Offices

Over 70 percent of companies from the business services sector are planning to expand their office space in the next two years. According to “BPO and Shared Service Centres’ management speak out on real estate”, a joint report by Skanska and JLL, and prepared under the patronage of ABSL, a modern and conveniently located office adjusted to numerous and different working styles can create a competitive advantage for a company in the so-called “war for talents” as well as contribute to an increase of work productivity.

Skanska sells Corso Court office building in Prague to Invesco Real Estate

Skanska has sold Corso Court, its office project in Prague. The building has been purchased by global investment manager Invesco Real Estate on behalf of one of its German separate account mandates. This is Skanska’s second investment in the Czech capital to be acquired by Invesco Real Estate.

GLOBAL REAL ESTATE INVESTMENT RECORDS STRONGEST FIRST HALF SINCE 2007

Global commercial real estate (CRE) investment reached US$407 billion in H1 2015, the strongest first half to a year since 2007, and up 14 per cent year-over-year, according to the latest research from global property advisor CBRE Group, Inc.
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