Intu Properties announces the launch of a proposed GBP485m bond to refinance existing debt facilities which are due to mature in February 2015
Deals such as New Europe Property Investments’ (Nepi’s) proposed acquisition of a Romanian retail park’s debt are more common in Europe than in South Africa, reflecting the relatively healthy state of South Africa’s listed property and banking sectors, analysts say.
GoGlobal Properties, a new property fund exported from South Africa is getting ready to operate in Europe.
MAS Real Estate, a Europe-focused property investment company listed on the AltX, on Thursday reported net operating income of €2.1m for the year to February 2013, from €606,000 in the previous corresponding period.
Jones Lang LaSalle’s third quarter 2012 Global Office Index, released today, reveals a stable outlook for global prime office rental growth in 2013 with the majority of major markets expected to register single-digit rental growth.
The United States has long held sway over the global economy and as such its welfare has had far reaching implications for the rest of the world. Cue the sub-prime mortgage crisis in 2007 which effectively crashed the US housing market, and of which the effects are still very much in evidence, particularly in America and parts of Europe.
The Knight Frank Prime Global Rental Index rose by 2.3% in the year to June and by 1.0% over a three month period, with rental growth strongest in emerging markets
SA has ranked 32nd in a report by CB Richard Ellis (CBRE) on how active retailers are expected to be in EMEA (Europe, the Middle East and Africa) during 2012, Broll Property Group, part of the CBRE affiliate network said on Monday.
Estate agents have expressed confidence about the sustainability of foreign interest in the South African residential property space post the 2010 Soccer World Cup.
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