Bloomberg Aberdeen Asset Management Plc appointed broker Strutt & Parker LLP to sell a London office property that’s part of a UK real estate fund currently suspended from trading, according to three people familiar with the matter. The asset manager will offer 10 Hammersmith Grove, an office building valued at about 105 million pounds ($136 million), the people said, ...

  Frankfurt / AFP German property firms expect a boom in Frankfurt as financial businesses move activities and staff out of London in the wake of Brexit, an industry survey showed this week. A majority of 72 percent of respondents believed financial centre Frankfurt, rather than rivals Dublin, Paris, or Amsterdam, would gain the most from Britain leaving the European ...

  Bloomberg Banks burned by soured home loans in the aftermath of the housing bust and subsequent financial crisis found a quick replacement; mortgages secured by commercial properties ranging from malls to offices. In the years since 2008, US lenders have opened the commercial real estate (CRE) credit spigots, lending money underpinned by properties including hotels, multifamily rental units, and ...