A selection of the leading property headlines from around Europe at a glance:
A selection of the leading property headlines from around Europe at a glance:
Student housing becomes engine of growth - FINANCIAL TIMES
Next month’s influx of students to universities around the UK as the new academic year begins is a welcome reminder for the construction sector that higher education, in contrast to some areas of the economy, remains an engine of growth.
According to a recent national report by Knight Frank, the property consultancy, student accommodation has performed 'exceptionally well' as an asset class over the past year, outperforming every other commercial property class and delivering consistent returns throughout the economic downturn.
Click on the link below to read: Carlyle JV completes first student apartments in London
Property sector revamp: Westfield to cut workforce - THE AUSTRALIAN
Sydney-lised shopping centre giant Westfield Group is planning to shed up to 10% of its workforce, joining a lengthening list of property companies to cut jobs and reduce costs. Industry sources told The Australian that Westfield had already begun trimming staff in the finance department at its Sydney head office.
