Ward & Co looks for to tap Middle East demand for regional property
Ward & Co Estate has actually entered a joint venture with Trizone Global and Hanover Square Real Estate to introduce Middle Eastern financiers to regional properties in the UK .
Parmenter is a completely incorporated realty investment, management and development firm headquartered in Miami, Florida, with local workplaces in Dallas and Atlanta. The company owns and runs high-quality office properties, and is actively associated with the expansion of its portfolio throughout its targeted markets.
Perth welcomes significant surge in property sales
The property market in Perth has rocketed to levels not seen since prior to the global monetary crash in 2007, selling representatives have revealed.
AberdeinConsidine stated the rise in sales activity across the area since January has actually been incredible reporting a near 60 % increase in its own sales compared with last year.
Properties valued up to 250,000 are selling within days in some parts of the city, the firm said.
Parmenter Sells Rambler Park in Dallas, Texas
Parmenter revealed today the sale of Rambler Park to a joint venture in between New York based Ascent Real Estate Advisors and Dallas based EY Ventures for a concealed amount. Parmenter acquired the 310,771 square foot office building in June 2013 as part of its Parmenter Realty Fund IV portfolio. The 14-story building lies in the Central Expressway submarket of Dallas, Texas.
"Parmenter invested roughly $2.5 million in capital over the 33 month holding duration, bringing occupancy approximately 87 % from 58 % at the time of purchase," said Josh Hedderich, Senior Vice President Asset Management at Parmenter.