All PropertyEU Archive articles 鈥� Page 1013
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PropertyEU ArchiveUnion Investment's 2016 US acquisitions reach $1b with Dallas buy
German open-ended fund manager Union Investment has purchased an office property in Dallas, Texas for around $200 mln, bringing its total acquisitions in the US this year to nearly $1 bn.
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PropertyEU ArchiveSavills IM launches 鈧�300m retail property fund in Italy
Savills Investment Management has launched a €300 mln retail real estate fund in Italy, on behalf of insurance company Gruppo Cattolica Assicurazione and Conad, the largest consortium of independent retailers in the country.
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PropertyEU ArchiveTLG Immobilien acquires office property in Berlin for 鈧�32m
TLG Immobilien has bought an office property at Kapweg 3-5 in Berlin for €32.1 mln from a private seller.
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PropertyEU ArchiveSkanska invests 鈧�39m in residential development property in Oslo, Norway
Skanska has bought the development property Sinsenveien 51-53 from Axer Eiendom AS for NOK 360m (€39 mln).
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PropertyEU ArchiveEuropean office rental growth highest in 5 years - JLL
Office rents in Europe grew a record 1.5% quarter on quarter, according to JLL, as data emerged that office demand is proving resilient in many key markets around the world.
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PropertyEU ArchiveAstarta will be Ukraine's first BREEAM certified offices
Grade A business centre Astarta will be the first ever BREEAM certified office property in Ukraine, developed by TEK Energoinvest.
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PropertyEU ArchiveBenson Elliot buys majority stake in German resi owner GWB
UK private equity firm Benson Elliot has purchased a 74.9% stake in GWB Elstertal Geraer Wohnungsbaugesellschaft (GWB) from its insolvent parent company, Stadtwerke Gera.
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PropertyEU ArchiveJLL extends deal with Leverton for lease management technology
JLL has announced plans to enhance its lease management processes by extending its relationship with data tech experts Leverton.
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PropertyEU ArchiveUK resi development land prices fall
The prices of land for residential development have fallen across the UK in the three months to June, with central London recording the steepest decline as housebuilders adopted a wait-and-see attitude in the run-up to the EU referendum.
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PropertyEU ArchiveJPMAM, LGT Capital acquire 58,000 m2 office in Stuttgart
A fund managed by JP Morgan Asset Management – Global Real Assets together with LGT Capital Partners has acquired an office property in Stuttgart from London-based group Brompton Asset Management.
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PropertyEU ArchiveSonae Sierra announces a profit of 鈧�59m for H1 2016
International shopping centre specialist Sonae Sierra has announced a net profit of €59 mln for the first half of 2016, as the company's global occupancy rate rose to 96.1%.
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PropertyEU ArchivePbb grants Immofinanz 鈧�34m loan to refinance office in Warsaw
German lender pbb Deutsch Pfandbriefbank has provided a €34 mln loan to Vienna-listed Immofinanz to refinance an office building in Warsaw.
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PropertyEU ArchiveCofinimmo buys four Brussels offices valued at 鈧�57.9m
Cofinimmo has purchased shares in four companies, each owner of an office building in Brussels, in a transaction valuing the buildings at €57.9 mln.
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PropertyEU ArchiveL&G hires Adam Russell to grow its UK residential team
LGIM Real Assets (L&G) has appointed Adam Russell from Fizzy Living as residential transactions manager for its Build to Rent (BTR) team in the UK.
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PropertyEU ArchiveWDP enters Luxembourg, posts 13% profit rise in H1
Listed Belgian logistics developer WDP said its net profit increased by nearly 13% year-on-year to €48.7 mln in the first half of 2016, or €2.62 euros per share.
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PropertyEU ArchiveBank of Russia's mass recall of licenses leads to closure of 517 branches
A mass recall of bank licenses by the Bank of Russia in the street retail sector has resulted in the closure of 517 bank branches in Moscow, or 17% of the total amount, according to broker Colliers International.
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PropertyEU ArchiveEurope to see 1.3 million m2 of retail park space developed in 2016 - C&W
Increased retail park development across Europe is set to deliver 1.3 million m2 of new space to market by the end of the year, up 50% on 2015’s total, according to new research from Cushman & Wakefield.
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PropertyEU ArchivePlaza Centers to sell Polish retail assets for 鈧�120m
Emerging markets property developer Plaza Centers said it has signed a non-binding letter of intent to sell the Torun Plaza and Suwalki Plaza shopping and entertainment centres in Poland to an unnamed global investment fund.
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PropertyEU ArchiveEuropean retail investment remains 15% above 5-year average
Despite an overall decrease in retail real estate investment in Europe in the first half of 2016, volumes remain above five-year average levels and the flow of institutional equity targeting exposure to the sector continues to increase year-on-year, according to data compiled by broker JLL.
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PropertyEU Archive
JLL posts record Q2 revenue on lower profit
Agent JLL reported record second-quarter revenue but saw its profit drop due to a slowdown in transactional business, particularly in the UK.
