Last week Ivanhoé Cambridge announced the acquisition of a total of 73 office buildings in Silicon Valley. In partnership with affiliates of TPG and DivcoWest, IC further expands their US portfolio of properties. The deal allows these partners access to some 6.4 million square feet of long terms lease property in and around San Jose. Ivanhoé Cambridge’s President, [...]
“Building Green”, this has been the building battle cry in trends for some time now. Since 2009 there has been an average annual increase in so called “green building” of over 30%. The LEED (Leadership in Energy and Environmental Design) home benefits the owner by fairly substantial tax deductions, and the obvious long term benefits include reduced heating expenditures and the resultant collective gain of communities, the nation, and the world.
A recent report on Latvia real estate reveals a slight upward momentum for a market characterized by double digit growth since 2010. If further evidence of Europe’s stagnation is needed, Latvia property markets tell the tale sufficiently. The average price of a Riga apartment climbed only about 2 percent to just under €990 euro per square meter according to the Ober Haus Poland and Baltic price index.