The pace of adjustment to European commercial property prime yields slowed in the fourth quarter of 2010, contrary to larger shifts in prime value measures seen in previous years. Prime yields continued to fall across the region, but the speed of movement has clearly slowed, marking a period of transition for investors of European commercial property, according to CB Richard Ellis (CBRE).
Private real estate holding Global Holdings Group has acquired mixed-use asset 10 Great Pulteney Street from fashion retailer Boohoo.
