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29 Mar 2010
Emirates Palace Group Completing Kempinski Hotel Residences Palm Jumeirah

Emerald Palace Group recently delivered the 100th unit at Kempinski Hotel Residences Palm Jumeirah and should soon be the first foreign owned developer to complete a residential project at Dubai's iconic series of man-made islands developed by Nakheel / Source: Real Estate Channel

29 Mar 2010
McDonalds Targets Asias Beef Eaters With 20% Spending Boost

McDonalds Corp., the worlds largest restaurant company, may boost investment in Asia by at least 20 percent this year as consumer spending recovers, moving into beef eater markets such as South Korea / Source: Bloomberg

26 Mar 2010
F&C to Make Brave Foray Into Irelands Ailing Property Market

F&C REIT Asset Management spent 1 billion pounds ($1.5 billion) buying offices and stores in England and Scotland in 2009. The money manager now is turning to Ireland, western Europes worst-performing property market / Source: Bloomberg

26 Mar 2010
Nakheel to Get $8 Billion From Dubais Government

Nakheel PJSC, the developer of palm tree-shaped islands off Dubais coast, will receive $8 billion in cash from the government, taking the total support to $9.2 billion and enabling it to pay contactors and complete projects / Source: Bloomberg

25 Mar 2010
Commerz Real to create ?12.5bn open-ended fund

Commerz Real is to merge its two open-ended real estate funds to create Europes largest fund at ?12.5bn / Source: Property Week

25 Mar 2010
Nakheel to get $8bn in cash From Dubais government

Nakheel PJSC, the developer owned by Dubai World, will receive $8 billion in cash from the Dubai government, taking the total support to $9.2 billion, and enabling the company to repay contactors and complete projects / Source: Bloomberg

24 Mar 2010
Rise in property lending in Dubai, latest figures show

A 75% increase in property lending in Dubai so far this year compared with the same time last year indicates that confidence could be returning to its hard hit real estate market / Source: Property Wire

24 Mar 2010
Wharf Profit More Than Doubles on Retail

Wharf (Holdings) Ltd., owner of two of Hong Kongs largest shopping centers and the citys cable TV operator, said 2009 profit more than doubled to a record as an economic recovery boosted retail spending and home sales / Source: Bloomberg

23 Mar 2010
U.S. Property Index Rises for Third Straight Month

U.S. commercial property values rose for a third month in January as the economy grew, according to Moodys Investors Service / Source: Bloomberg

23 Mar 2010
London hotel occupancy improves

London hoteliers achieved healthy growth in February while the regions posted healthier occupancy rates / Source: Property Week

22 Mar 2010
Nokia Plans to Expand Own Stores in Russia to Bolster Services

Nokia Oyj, the worlds biggest maker of mobile phones, plans to expand its own-brand stores in Russia over the next few years as part of its bid to hook consumers on services such as maps and music / Source: Bloomberg

22 Mar 2010
LandSecs appoints BH2 to find partner for Walkie-Talkie

Land Securities is seeking a joint venture partner for the development of the Walkie-Talkie skyscraper in the City of London / Source: Property Week

19 Mar 2010
Jones Lang LeSalle to double Saudi staff

ones Lang LaSalle Inc, a property investment and advisory firm, plans to double its staff in Saudi Arabia within a year as it expands its Middle East business, an executive said this week / Source: Arabian Business

19 Mar 2010
Kenedix to Invest $332 Million in Real Estate Funds

Kenedix Inc., Japans biggest publicly traded real estate asset manager, said it will invest 30 billion yen ($332 million) in Japanese properties this year through two new funds, to take advantage of price declines / Source: Bloomberg

18 Mar 2010
Armani Said to Delay Hotel in Dubai Tower by More Than a Month

Giorgio Armanis first hotel, due to open in Dubais Burj Khalifa today, will be delayed by more than a month, said two people with knowledge of the plan / Source: Bloomberg

18 Mar 2010
Japan Commercial Land Prices Slump to Record on Economy, Credit

Japanese commercial land prices fell to the lowest in at least 36 years as developers faced tighter credit markets and the recession discouraged buyers / Source: Bloomberg

17 Mar 2010
Dubai Property Market to Recover by End of 2011

Dubais property market will recover by the end of 2011 as mortgages become easier to obtain and more people move to the city, according to the developer of a $4 billion hotel and residential project / Source: Bloomberg

17 Mar 2010
Metro Raises Forecast on Shape 2012 Cost Savings

Metro AG, Germanys largest retailer, increased its profit forecast, encouraged by savings from as many as 17,000 job cuts and improved sales / Source: Bloomberg

16 Mar 2010
Karstadt Administrator Wants to Sell Chain by End of April

Arcandor AG, the insolvent German retailer, aims to sell its Karstadt department-store chain by the end of April after creditors abandoned most of their claims / Source: Bloomberg

16 Mar 2010
German banks dominate new appetite for lending

Banks have increased their appetite for lending, led by the Germans, according to the latest UK bank lending survey by Savills / Source: Property Week


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