All PropertyEU Archive articles – Page 1065
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PropertyEU Archive
L&Q buys majority stake in massive London project
Housing association London & Quadrant (L&Q) has acquired listed housebuilder Bellway’s stake in the £1.5 bn (€1.93 bn) 10,800-home Barking Riverside regeneration scheme in East London.
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PropertyEU Archive
Immofinanz hires new Chief Financial Officer
Austrian listed property firm Immofinanz has appointed Stefan Schönauer as Chief Financial Officer for a period of three years, effectively immediately.
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PropertyEU Archive
Savills posts 16% rise in pre-tax profit in 2015
International property adviser Savills said on Thursday its pre-tax profits came to £98.6 mln (€127 mln) in 2015, up 16% from £84.7 mln the year before.
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PropertyEU Archive
Middle Eastern money backs €162m UK student housing deal
Private money from the Middle East has supported the acquisition of two portfolios of existing student accommodation and developments in the UK for £125 mln (€162 mln).
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PropertyEU Archive
Sonae Sierra's net profit up 47% in 2015
Shopping centre specialist Sonae Sierra Sonae Sierra recorded a net profit of €142 mln in 2015, a 47% increase compared to the €96 mln reached in 2014.
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PropertyEU Archive
Korean life insurer puts €247m London office scheme up for sale
Korean life insurer Hanwha Life is putting the long leasehold interest of 1 Wood Street in the City of London on the market with an indication price of £190 mln (€247 mln).
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PropertyEU Archive
CBRE GI acquires Bristol office asset for €30m
CBRE Global Investors has acquired 2 College Square in Bristol, UK from M&G Real Estate for £22.77 mln (€30 mln).
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PropertyEU Archive
Schroder UK fund buys serviced apartments in London at 5.5% yield
Schroder UK Real Estate Fund (SREF) has completed the £32.4 mln (€42 mln) purchase of two purpose-built serviced apartment buildings at the High Point Village mixed-use development in Hayes, West London.
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PropertyEU Archive
Harrison Street, GSA to invest €60m in Dublin student digs
US investor Harrison Street Real Estate Capital and developer Global Student Accommodation (GSA) have unveiled plans for the largest student accommodation complex in central Dublin.
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PropertyEU Archive
DREF buys further €60m of student housing in Germany
Deutsche Real Estate Funds (DREF) has announced the purchase of a student residence in Munich for €60 mln, bringing the total amount it has invested in the sector since June 2015 to more than €200 mln.
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PropertyEU Archive
Atrium holds on despite devaluation of Russian portfolio
CEE listed shopping centre specialist Atrium European Real Estate saw its EPRA earnings per share decrease 8% to €0.33 in 2015, largely as a result of devaluations across its Russian portfolio.
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PropertyEU Archive
Equities' sell-off signal slowing capital growth in Europe - Savills
The current sell-off in European listed property shares does not indicate an imminent correction in Europe's commercial property market but it does suggest that capital growth will decelerate over the next six month, according to Savills Investment Management.
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PropertyEU Archive
ZBI closes German residential fund at €112m
German fund manager ZBI has closed its residential fund ZBI Professional 9 with a total equity volume of €112 mln.
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PropertyEU Archive
Sistema and Corestate launch JV with €120m German high street spree
Russian private equity platform Sistema Capital Partners has formed a joint venture with Corestate Capital Group to acquire value-add assets in Germany.
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PropertyEU Archive
BlackRock buys UK development site for 500-bed student residence
BlackRock Real Estate has bought a development site in the UK university city of Sheffield to build student accommodation.
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PropertyEU Archive
Bouwfonds IM buys three UK car parks for €92m
Dutch investment manager Bouwfonds IM has bought three car parks in UK regional cities for a total outlay of €92 mln.
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PropertyEU Archive
Dutch investor Bouwinvest hires head of research
Dutch institutional investment manager Bouwinvest has appointed Marleen Bosma-Verhaegh as head of research.
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PropertyEU Archive
Russia struggling to replace departing retailers as economy falters
The number of international fashion labels entering the Russian market fell by 30% in 2015, reflecting the continuing economic crisis and the falling value of the rouble.
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PropertyEU Archive
Pan-European funds 'in good health' despite falling returns - MSCI
Returns for pan-European real estate funds fell slightly in 2015 to 13.5%, reflecting a cooling off in the core markets, according to analysis by MSCI.
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PropertyEU Archive
Investors drawn to German hotel sector's strong income growth - report
Germany’s hotels sector saw strong income growth in 2015, with revenue per available room (RevPAR) increasing by an average of 6.5% amid rising occupancy.


