Commercial Real Estate moving into strongest market since 2007
Jones Lang LaSalle’s second quarter 2011 Global Market Perspective, predicts this year will be the strongest performance and real estate trade volume since the market height of 2007.
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Strong growth predicted for many global commercial real estate markets
Latin America and Asia remain the strongest real estate markets in the world but emerging markets in Europe, particularly Poland, show further improvements, according to the latest Global Commercial Property Survey.
PE Analytics plans to launch Real Estate Index
New Delhi-based research firm PE Analytics has drawn up plans to launch Real Estate Price Index in partnership with a leading commodity exchange.
Thai developer to foray into Indian realty
Indian arm of a leading Bangkok based developer is looking to invest some $300 million in the country’s real estate market, particularly in the major cities of Delhi, Mumbai and Bangalore.
Macquarie says realty stocks will rebound in two years
India’s real estate stocks have attractive valuations after plunging 83% from their peak and are likely to rebound within two years, according to Macquarie Group.
CB Richard Ellis reports $1.2 billion revenue in quarterly results
CB Richard Ellis Group Inc., the commercial real estate services company has reported first quarter 2011 revenues of $1.2 billion compared with $1.0 billion in the year-earlier quarter, reflecting an increase of 16%.
Lemon Tree to launch its fifth hotel venture in Hyderabad
Lemon Tree Hotels, operating various luxury hotels across India, has announced the launch of their brand new Lemon Tree Hotel in Hyderabad.
Impact of Tohoku earthquake over Tokyo office market
On 11 March, a major earthquake and tsunami hit Eastern Japan. According to official statistics, the number of deceased had surpassed 13,000 as at 14 April.
BSE excludes Indiabulls Real Estate from BSE 100
The Bombay Stock Exchange on Monday said that it has excluded Indiabulls Real Estate Ltd from both the BSE 100 and BSE 200 indices and replaced it with Coal India.
Wyndham Hotel Group officially opens Ramada Gurgaon Central
Greenland Hospitality the real estate company of National Capital Region (NCR) has announced the official launch of their first hotel in the NCR, Gurgaon.