Auction.com Puts $154 Million In Commercial on the Block



Auction dot com images suck

In news from Irvine, California, Auction.com is auctioning off some $154 million in commercial real estate notes on their online real estate auction portal. Online bidding begins August 15th at 10 am PDT, according to the news. RealtyBizNews takes a look at a massive online auction, and the offering platform.

London’s Square mile could face new planning regulations



London's Square Mile risks losing appeal, say planners. Courtesy of Mohain

A proposed relaxation of planning laws could undermine the reputation of London’s Square mile, as it would allow office space to be converted into homes. It’s being argued that this would affect the city’s competitiveness and world-class status. Peter Rees, city planning officer for the Corporation of London was speaking at an event organized by [...]

Allianz and Others Looks to Expand Portfolio Possibilities



Allianz Treptowers Berlin

In investment news from Europe, retail property looks like the next boom territory for investors on the continent. According to a recent Jones Lang LaSalle survey, retail investment in 2010 accounted for at least 28 percent of the total commercial property sector. And, Allianz Real Estate, a unit of German insurer Allianz SE, is actually broadcasting they intend investing €11 billion more.

Emerson Group Expands Reach & Services



Emerson Group just announced a re-brand of its company name, website, and also revealed three new divisions of the rapidly expanding company. One of North Carolina’s fastest growing commercial real estate companies just got bigger.

Kite Realty Group Invests in Wilmington



Indianapolis real estate investment trust, Kite Realty Group, reports expanding its retail holdings with the purchase of a Wilmington, NC shopping center. Kite already owned a big stake in The Center in Carmel, and has now furthered its share.