Beny Steinmetz’s BSG Takes Aim at Distressed Europe Shops



Scheduled to launch today, a $2 billion dollar fund to buy distressed European properties by Beny Steinmetz (BSG)is all in the news. The Israeli billionaire’s new venture will reportedly be aimed at leveraging low prices across Europe’s beleaguered property sector.

PREI Continues Promotions Streak with New Europe Business Heads



Prudential Real Estate Investors, one of the major players in global real estate investment management, has appointed Raimondo Amabile and Andrew Radkiewicz co-heads of its European business. Philip Barrett has also become chief risk officer for Europe and Asia.

PwC Europe Report Shows “Circle the Wagons” Strategies



As we reported the other day, the European investment market is now headed into a period of very conservative moves. With German cities now dominating investment, especially in commercial, certainly some funds seem likely to dry up for the rest of Europe.

Czech Republic – Slovakia Real Estate Investment Boom 2011



According to news from Europe, occupancy demand is slated to drive investment in property in the Czech Republic and Slovakia by as much as 200 percent. The International Investment Atlas 2011, issued by consultants Cushman and Wakefield, shows growth for these two European countries actually driving investment across central and Eastern Europe.

Bulgaria: A Thriving Market for Property Investments



Bulgaria is just beginning to show its potential for becoming quite the paradise for those interested in buying properties as an investment. Bulgaria has benefited recently from powerful campaigns promoting its travel destinations, its inclusion in the European Union, and now its situation where real estate investments are concerned. Put bluntly, it’s a buyer’s market on steroids.

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