Surge in London commercial property investment from overseas buyers (UK)
Investment in London commercial property has risen for the first time since Q2 2007 according to new figures from Cushman & Wakefield. Its statistics for Q2 2009 show that �1.433 bln. was invested in central London’s main West End and City & Docklands markets, an increase of over 110% on Q1’s figure of �679 mln. The central London property investment market is likely to be among the first to recover in Europe and the increase in activity is further evidence that overseas investors see value wit
Fri, 03 Jul 2009 09:40:00 +0200

ProLogis strengthes European leadership team (EUR)
ProLogis (NYSE: PLD), a leading global provider of distribution facilities, announced today that David Doyle has joined the company as Chief Financial Officer of Europe, replacing Philip Dunne who was recently promoted to President & CEO of the European business. David will assume his new role on July 20, 2009.
Fri, 03 Jul 2009 09:30:00 +0200

Valad announces restructure of European business and forms JV partnership with Bank of Scotland plc
Valad Property Group (“Valad” or the “Group”, ASX: VPG) announced it has signed agreements with Bank of Scotland plc (“BoS”) necessary to create the Diversified UK and European (“DUKE”) property joint venture, which has a term of three years. A small number of subsidiary documents remain to be executed and these are expected to be signed shortly. Transaction at a glance Valad has contributed the majority of its European / UK assets and all associated debt, to the DUKE joint venture. In ad
Fri, 03 Jul 2009 09:20:00 +0200

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