All PropertyEU Archive articles – Page 1155
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PropertyEU Archive
Adler's 'takeover' bond issue falls victim to Greek crisis
Frankfurt-listed residential investor Adler Real Estate has decided 'not to pursue' a convertible bond issue to fund its successful takeover of Berlin peer Westgrund due to the effect of the Greek euro crisis on stock markets.
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PropertyEU Archive
COMMENT: Grexit remains a politically and legally contentious affair
Uncertainty has been the only certainty in Greece’s seemingly interminable crisis, writes Nicholas Spiro of London-based consultancy Spiro Sovereign Strategy.
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PropertyEU Archive
Realia's board rejects Mexican billionaire's offer as too low
Realia, the indebted Spanish company, has rejected Mexican billionaire Carlos Slim's €187 mln takeover offer as too low, and its largest shareholder, FCC, said it does not intend to accept the bid.
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PropertyEU Archive
Yields hit new lows in many European markets - Savills
Prime yields have hit new lows in many markets, pushed down by competition for the best assets and the potential for further yield compression allowed by low bond yields and interest rates, according to a new research report published by broker Savills.
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PropertyEU Archive
Real IS buys 40,000 m2 Munich office from Infrared
German investment manager Real I.S. has acquired the fully let Leitwerk office complex for two of its institutional investment funds for an undisclosed amount.
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PropertyEU Archive
INTERVIEW: Catalyst to fully invest new €1.2 bn fund ‘within next 2 years’
London-based real estate and asset management group Catalyst Capital is on a mission to fully invest its new €1.25 bn Catalyst European Property Fund II (CEPF II) ‘within the next two years’, according to Fabrice de Clermont-Tonnerre, a partner at Catalyst Capital in Paris.
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PropertyEU Archive
Savills picked to sell €100m Hermes HQ in Paris
Real estate agent Savills has been appointed to sell 13 -15 Rue de la Ville L’Evêque in Paris' central business district on behalf of a private investor for over €100 mln.
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PropertyEU Archive
Danish institutions take 49% stake in €2.3b property firm
Insurance group Trygheds and healthcare firm Novo have jointly taken a 49.2% stake in Dades, a Danish commercial property owner in what experts say is the country's largest property deal ever.
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PropertyEU Archive
European listed sector drops 7.3% in Q2 - GPR
European listed real estate, as represented by the GPR 250 Europe Index, dropped a further 4.8% in June, bringing the total loss in the second quarter of the year to 7.3%.
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PropertyEU Archive
WP Carey buys Swedish logistics asset for €23m
US REIT WP Carey has acquired a logistics facility in Oskarshamn, Sweden from the developer for SEK 216 mln (€23 mln).
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PropertyEU Archive
Hines fund buys €50m of Telecom Italia offices from Prelios
A fund advised by Hines Italia has acquired a portfolio of five office buildings across Italy from Tecla Fondo Uffici, a listed closed-end vehicle managed by Prelios.
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PropertyEU Archive
Villar Mir puts €500m Madrid tower up for sale
Spanish privately-owned conglomerate Grupo Villar Mir has mandated broker Aguirre Newman to sell Torre Espacio, one of Madrid's tallest skyscrapers, according to Spanish press reports.
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PropertyEU Archive
LondonMetric buys €55m UK warehouse project
LondonMetric Property has exchanged contracts with CDP, the development arm of the Marshall Construction Group, to purchase and forward fund the development of a new 524,000 sq ft (48,680 m2) retail distribution centre in Wakefield, UK for £39.4 mln (€55 mln).
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PropertyEU Archive
France's SFL buys Paris office building for €68m
French REIT Société Foncière Lyonnaise has acquired an office building located in the 8th arrondissement of Paris from Eurosic for €68 mln, including transfer costs.
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PropertyEU Archive
French Eurazeo buys 78% of major Paris fashion centre
French investment Group Eurazeo Patrimoine has announced the purchase of a 78% stake in CIFA, a major ready-to-wear wholesale centre in Aubervilliers (Seine-Saint-Denis) near Paris.
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PropertyEU Archive
Clearbell adds 8th asset to UK logistics portfolio
Clearbell Capital has purchased a logistics scheme with development potential near the UK city of Birmingham for an undisclosed sum.
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PropertyEU Archive
MSCI cuts EMEA staff in bid to reduce costs
Market index provider MSCI is making 15 staff redundant as part of its campaign to cut costs at the London-headquartered EMEA operation which it inherited when it took over IPD in 2012.
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PropertyEU Archive
Editor’s choice: Greek fallout
The latest twist in the ongoing Greek debt drama has spurred a chorus of politicians, economists and innocent bystanders to wail and admonish in the tradition of the classical plays in ancient times.
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PropertyEU Archive
Colliers hires executive director of project management in Russia
Colliers International has appointed Amel Djerroudi as executive director of the newly created project management department of its Russian office.
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PropertyEU Archive
Corestate offloads 144,000 m2 Deutsche Telekom portfolio
Swiss investor Corestate Capital has sold a German portfolio of commercial real estate let to Deutsche Telekom to German listed firm Demire Deutsche Mittelstand Real Estate for an undisclosed amount.


