Jamison Group

Santiago, Chile. Jamison Group has partnered a consortium formed by international institutional investors, in the acquisition of a U$470 million Non-Performing Loans (NPL) portfolio from a leading bank in Chile.
With this last acquisition, Jamison Group currently manages more than U$1 billion in distressed assets in Chile, becoming the 2nd largest player in less than 2 years since project's kick off.

FOREIGN BUYERS DELIGHT IN THE GLUT OF SPAIN'S CHEAP COSTA PROPERTIES.
New data from the Bank of Spain last week showed that foreign purchases in 2013 exceeded €6bn (£5bn) for the first time since 2004.
According to Knight Frank's Global Property Search, online searches for properties in Spain increased by 29% over the first three months of 2014 compared with the same period in 2013. More than a fifth of all Spanish residential sales – 55,187 transactions – were to foreign buyers.
"Foreigners are the only dynamic segment of the market today," says Mark Stucklin of Spanish Property Insight. "These are people buying on the coast and in cities like Barcelona." And it is not just private buyers, he says: institutional investors are also in the market. "The likes of Goldman Sachs, JP Morgan, Blackstone, George Soros and Bill Gates are all getting into Spanish real estate."

Foreign buyers delight in the glut of Spain's cheap Costa properties As prices hit rock bottom in a depressed economy, overseas investors are scooping up prime City and coastal real estate

Europe moves at multiple speeds
The recent rally in real estate investment volumes in Spain and other parts of Southern Europe marks a clear break with the downward spiral of the post-global financial crisis period.
http://www.propertyeu.info/index-newsletter/editors-choice-europe-moves-at-multiple-speeds-1?utm_source=twitterfeed&utm_medium=twitter

Editor's Choice: Europe moves at multiple speeds The recent rally in real estate investment volumes in Spain and other parts of Southern Europe marks a clear break with the downward spiral of the post-global financial crisis period.

London’s Gherkin has entered receivership and will likely be sold http://t.co/iwJkwyuFgu

Retweeted Jorge Salido Cobo ():

España acabará 2014 con una inversión inmobiliaria de entre 4.500 y 5.000 millones http://t.co/0sPqHUxJGQ vía Previsión CBRE

IRELAND’S TALLEST BUILDING HAS BEEN SOLD
The loan sale was handled by property consultants, Savills and law firm Tughans, on behalf of Bank of Scotland. Situated on Donegall Quay, the 85 metre tower and surrounding buildings comprise of 52,462 sq. ft of Grade A office accommodation and 282 luxury apartments – all within walking distance of Belfast City Centre.
The property was launched on the market at the beginning of March and, according to Savills, is an excellent asset management opportunity that, once fully let, will produce a gross income of over £2.2 million per annum.
read more at - http://www.savills.ie/_news/article/112474/175089-0/4/2014/ireland-s-tallest-building-has-been-sold

Ireland’s tallest building has been sold The Obel development in Belfast, which contains Ireland’s tallest building, has been sold. The loan sale was handled by property consultants, Savills and law firm Tughans, on behalf of Bank of Scotland. Situated on Donegall Quay, the 85 metre tower and surrounding buildings comprise of 52,462 sq. ft...