Dublin's office vacancy pushed down with no new space in the pipeline (IE)
According to Savills latest office report, lettings activity showed an increase of 25% in 2011, compared to 2010, causing vacancy to reduce from 23% to 21.6%. The international real estate advisor predicts demand will remain strong for prime space in 2012 but overall vacancy rates may remain the same or marginally higher as some occupiers exit buildings. The overall take-up level for 2012 is forecast at circa 130,000 m²(1,399,354 ft²).
Savills reports that demand continues to be led by a prefer
Fri, 03 Feb 2012 02:43:00 +0100
Real estate fraud: How to spot the red flags on integrity issues
The recent verdicts in the 250 million (US $330 million) Dutch real estate fraud case have thrown into sharp focus how tempting the large amounts of capital frequently changing hands in property transactions can be for tricksters in a market where valuations are often as much about art as they are science.
Alvarez & Marsals (A&M) Global Forensic and Dispute Services has identified a number of Red Flag Situations in which investors and operators in the sector should be aware that their in
Fri, 03 Feb 2012 02:33:00 +0100
Niam disposes of 68 retail properties in Finland (FI)
Niam has disposed of 68 retail properties to Sveafastigheter Fund III and their local asset management partner, Capitol Asset Management.
The properties are located all across Finland and comprise a leasable area of approximately 80,000 m².
Source: Niam
Fri, 03 Feb 2012 02:26:00 +0100