All PropertyEU Archive articles – Page 1209
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PropertyEU Archive
Griffin buys distribution park in the UK for €60m
Griffin Capital's UK Logistics Fund (GULF) has bought Wellesbourne distribution park in the UK county of Warwickshire for £43.6 mln (€60 mln).
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PropertyEU Archive
Publity snaps up €60m German office from Deka
German investor Publity has agreed to buy the 28,000 m2 Artecom office building in Ismaning, north of Munich in Germany, from asset manager Deka Immobilien.
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PropertyEU Archive
WestImmo acquisition provides ‘perfect overlap’, says Aareal
German lender Aareal Bank’s acquisition of rival German lender WestImmo provides the ‘perfect overlap to our core business’, an Aareal Bank spokesman told PropertyEU.
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PropertyEU Archive
Meridia Capital bags GE Spanish office portfolio
Spanish asset manager Meridia Capital is understood to have finalised the acquisition of a 75,000 m2 office portfolio in Spain from General Electric Real Estate.
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PropertyEU Archive
CA Immo sells Czech hotels to focus on offices
Austrian listed property firm CA Immo has announced the sale of two hotel assets in the Czech Republic as part of plans to refocus on its core office business.
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PropertyEU Archive
Madrid to see development of new 100,000 m2 mall
French developer-investor Compagnie de Phalsbourg is to carry out its first development project outside its home market by investing €120 mln in a 100,000 m2 mall near Madrid.
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PropertyEU Archive
Galliard boosts team to deal with €1.36b projects
London-based private residential developer Galliard Homes has appointed Paul Huberman as a non-executive director to advise on corporate growth as part of the company’s ongoing expansion plans.
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PropertyEU Archive
L&G Capital, Schroders commit €270m to Bracknell project
Legal & General Capital and Schroder UK Property Fund said construction will start in the spring on their £200 mln (€270 mln) development in Bracknell, around 50 km west of central London.
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PropertyEU Archive
Aareal Bank to buy WestImmo for €350m in all-cash deal
Germany's Aareal Bank Group has agreed to buy property lender WestImmo from bad bank Erste Abwicklungsanstalt (EAA) for an all-equity amount of €350 mln.
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PropertyEU Archive
FdR readies €400m investment to raise stake in hotel arm
French listed property group Foncière des Régions is spending some €250 mln on the acquisition of a 14.6% stake in its Foncière des Murs (FdM) hotel arm and plans to launch a takeover offer for the remaining share capital.
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PropertyEU Archive
INTERVIEW: ‘Wall of capital requires disciplined approach’
As the wall of capital bears down on the European real estate industry, the challenge for investors will be to remain disciplined on asset selection and pricing, says Sophie van Oosterom, CBRE GI’s new CIO EMEA.
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PropertyEU Archive
Blackrock buys Bristol asset for Long Lease Fund
Asset manager BlackRock said its UK Long Lease fund has purchased a control centre of British automotive services RAC near the southwestern UK city of Bristol for £24.2 mln (€33 mln).
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PropertyEU Archive
Klépierre poised to buy massive Plenilunio mall in Madrid
French listed retail giant Klépierre is understood to be close to signing the acquisition of the Plenilunio shopping centre in Madrid for around €380-390 mln, PropertyEU has learned.
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PropertyEU Archive
CBRE GI puts Franco-Belgian mall package up for sale
Asset manager CBRE Global Investors is understood to be marketing the shopping centre portfolio owned by its Retail Property Fund France Belgium (RPFFB) as part of the fund’s liquidation programme.
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PropertyEU Archive
JLL reshuffles Russian management team
Property adviser JLL has appointed Tom Devonshire-Griffin as managing director of its operations in Russia & CIS and promoted Charles Boudet to the role of executive chairman.
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PropertyEU Archive
CBRE Global Investors transacts €14b worldwide in 2014
CBRE Global Investors completed $17.3 bn (€14.1 bn) in transactions globally in 2014, with Europe accounting for well over half of this figure, the company announced on Friday.
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PropertyEU Archive
Ikea to invest €3b in 20 shopping centres – report
Swedish furniture store chain Ikea plans to invest €3 bn over the next few years in the construction of 20 shopping centres anchored by an Ikea store, according to Swedish media reports.
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PropertyEU Archive
INTERVIEW: CBRE GI eyes multi-pronged buying spree in 2015
CBRE Global Investors is gearing up to continue its spending spree in Europe in 2015 after completing roughly €8 bn of investment transactions last year, the company’s EMEA chief Pieter Hendrikse told PropertyEU.
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PropertyEU Archive
Germany's Union mulls sale of €500m European package
German open-ended fund manager Union Investment is believed to be mulling the sale of a €500 mln pan-European property portfolio, according to those who track the market.
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PropertyEU Archive
AXA confirms acquisition of Pinnacle site in London
AXA Real Estate has confirmed it has acquired the former Pinnacle site in the City of London on behalf of an international consortium of investors in an all-equity transaction.


