CBRE has been selected as the exclusive property advisor to sell a portfolio of prime office buildings, totalling more than 40,000 sq m (430 500 sq ft) in Lisbon by Energias de Portugal (EDP), one of the largest energy operators in the Iberian Peninsula and Portugal’s largest industrial group.
Investment turnover in the European commercial real estate market slowed at the start of 2012, largely reflecting a seasonal slowdown in activity, according to the latest research by global property adviser CBRE Group, Inc (CBRE).
Over €270 Million of Trades Recorded in Q1 2012 as Investor Demand for Transparency Drives Activity
Over €270 Million of Trades Recorded in Q1 2012 as Investor Demand for Transparency Drives Activity
Commercial property investment volumes in Central and Eastern Europe (CEE) amounted to €900 million during the first quarter of 2012 (Q1 2012) – the lowest volume seen since Q3 2009 – according to the latest data from CBRE.
Property consultants CBRE today released their Dublin Office Bulletin for Q1 2012, revealing that office take-up in the capital was down significantly on both a quarterly and an annual measure in the first three months of 2012. In total, 32 office lettings were signed in Dublin in the quarter, with more than 24,000 square metres of letting activity being achieved in the three month period.