Europe, Middle East & Africa
Are Commercial Real Estate Brokers Reinventing Themselves?
Oct 28th
As we all know times have been tough and brokerage companies around the world have made cuts in staff, salaries and closed offices as circumstances have dictated. As far as investment transactions were concerned, the brokers interviewed by Property EU stated that €52 billion of investment transactions was generated – a 38% decline from the previous year. The previous year saw a decline of 60%. CBRE noted a decline of 5% year on year with Catella and Colliers – 82% and 78% respectively. More >
Beginning of the End, or End of the Beginning?
Oct 21st
“Today is the day that Britain steps back from the brink” so said Britain’s Chancellor George Osborne yesterday as he presented the Coalition Governments plans to eliminate the £109 billion structural deficit during the lifetime of this Parliament. More >
NAI Global Expands into Poland with Estate Fellows
Sep 13th
Warsaw-Based Real Estate Firm to Operate as NAI Estate Fellows
NAI Global is expanding its coverage into Poland with the signing of Estate Fellows Asset & Property Management. The firm will now operate as NAI Estate Fellows. More >
Coalition Fever?
Aug 25th
With the UK government now having passed its 100 days as a coalition Government between the liberal democrats and conservatives it looks like other elections are following this pattern. Australia has just gone to the polls with no outright winner. The incumbent Labour politician Julia Gillard has not reached a majority and neither has Tony Abbot’s liberal/ national coalition. The last coalition in Australia was in the 1940s. It will be another 10 days until the result is known as to who will form a coalition. This leads to uncertainties in the financial markets and fluctuations in currencies. It remains to be seen what effects this may have on the property markets. More >
Oh for a Quiet Summer!!
Aug 23rd
Just as we thought the business world had slowed down for its summer recess, Bang!!, proposals emerge from the grandly named regulator The International Accounting Standards Board (IASB) that could hit some of Britain’s biggest companies with balance sheet liability increases of over £100 billion. More >
