Europe Real Estate News 31-1-2011

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Hong Kong
Hong Kong and Beijing saw
huge jumps in rental growth.
Monday 31 January 2011
The global occupational office market recovered from the downward trend seen in 2009 to positive rental growth in 2010 according to the latest research data from Cushman & Wakefield. Stronger demand resulting from an increase in business activity caused rents to climb in a growing number of countries. The recovery was led by the Asia Pacific region where rents climbed by 8% over the year. Hong Kong - the most expensive market globally - and Beijing saw huge jumps in rental growth of 51% and 48% respectively. More »
 
 
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RESEARCH INDUSTRIAL
CushWakeRussiaQ42010 The total amount of quality warehouse space rented in 2010 amounted to 727,000 m². During 2010, 352,000 m² of warehouse space was constructed. The vacancy rate in the class-A warehouse sector decreased by up to 3.9%. In the Moscow region average rental rates went up and reached the level of US $110-120/m²/annum (VAT, utility costs and OPEX exclusive). More...
Research Global Trends
RCA_Jan11 Global property transactions surged to €439.5 bln. in 2010, up by 53% from 2009. Approximately 16,900 significant commercial properties, those valued US $10 mln. or greater, were reported sold last year, a 40% increase in number. Asia Pac, with volume totaling €220.2 bln., and EMEA, with €116.2 bln. of transactions, each recorded increases greater than 30%. More...
 
Research retail trends
KF_SCIQ42010 Q4 saw a significant increase in shopping center transactions, with 25 individual shopping center deals completed. Transactional values totaled £2.09 bln. in Q4, the highest since Q4 2006. With a strong final quarter, the 2010 total sales value of £3.5 bln. surpassed the 2009 total by 87%, with a total of 46 deals taking place. More...
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