All PropertyEU Archive articles – Page 1273
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PropertyEU Archive
Trigranit sells Millennium Gate scheme in Budapest
Hungarian property developer-investor Trigranit has sold its Millennium Gate scheme in Budapest to Dutch-registered International Medical Centers for an undisclosed amount.
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PropertyEU Archive
Schroder trust sells Olympic office centre in Wembley
Schroder Real Estate Investment Trust has exchanged contracts with Network Stadium Housing Association to dispose of the Olympic Office Centre in Wembley, UK for £15.4 mln (€20 mln), reflecting a net initial yield of 6.7%.
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PropertyEU Archive
McArthurGlen partners with Fiba on Istanbul designer outlets
McArthurGlen, a European owner, developer and manager of designer outlets, has partnered with Turkey’s international financial and retail Group Fiba to open the first two designer outlets in Istanbul.
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PropertyEU Archive
Germany's IVG pulls out of insolvency
German property group IVG Immobilien has emerged from insolvency following a major debt restructuring and is now considering options for a stock market listing, the company said on Tuesday.
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PropertyEU Archive
Heineken offloads pub portfolio in the UK
Dutch brewer Heineken has agreed to sell 111 tenanted pubs in the UK from its Star Pubs & Bars business to Admiral Taverns for an undisclosed sum.
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PropertyEU Archive
Pbb provides €125m loan for UK regional mall
German lender pbb Deutsche Pfandbriefbank has provided £100 mln (€125 mln) in financing for a UK regional shopping centre owned by business partners Patrick McKillen and Padraig Drayne as well as US-based private equity firm Colony Capital.
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PropertyEU Archive
Spain's Hispania snaps up Tenerife hotel for €37m
Recently launched Spanish REIT Hispania Real Socimi has acquired the Meliá Jardines del Teide hotel on the Canary Island of Tenerife for €37 mln in cash.
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PropertyEU Archive
Real4You's mall opens doors in Sofia
Mega Mall, a new 24,000 m2 shopping centre developed and owned by Austrian company Real4You, opened its doors last week in the capital city of Sofia.
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PropertyEU Archive
Singapore's Temasek buys 50% of London's MidCity Place
A sovereign wealth fund owned by the government of Singapore has bought 50% of London's MidCity Place for a price said to be around £175 mln (€220 mln).
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PropertyEU Archive
Syntrus Achmea bags prime French high-street package
In its second direct investment abroad, Syntrus Achmea Real Estate & Finance has acquired the shares in the Grosvenor Retail European Properties III fund, the owner of a portfolio of 16 prime high-street retail properties in Paris, Bordeaux and Toulouse.
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PropertyEU Archive
Allianz Real Estate names new head of retail
Allianz Real Estate has appointed Marina Jestin as new head of retail, reporting to chief investment officer Charles Pridgeon.
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PropertyEU Archive
German banks squeeze out alternative lenders
Alternative lenders are being squeezed out of the German real estate financing market, according to Dirk Richolt, head of real estate finance at CBRE in Frankfurt.
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PropertyEU Archive
M&G Real Estate appoints new head of capital raising
M&G Real Estate has hired Lucy Williams as director of institutional business for the UK and Europe, replacing Chris Nash who has left the group.
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PropertyEU Archive
Germany's Pbb appoints CEO duo
Hypo Real Estate Holding (HRE) and its subsidiary Deutsche Pfandbriefbank (pbb) have appointed Thomas Köntgen and Andreas Arndt as co-CEOs of the five-strong management board with effect from 1 October.
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PropertyEU Archive
LondonMetric buys and sells in portfolio rejig
LondonMetric has acquired a retail asset and sold two properties in the UK for £23 mln (€29 mln) as part of a reorganisation of its portfolio.
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PropertyEU Archive
Italy makes REIT regime more competitive, says EPRA
Changes to Italy’s REIT rules will 'significantly' enhance the appeal of the country’s listed property sector to international investors, the European Public Real Estate Association (EPRA) said this week.
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PropertyEU Archive
Spanish H1 investment volumes top 2013 total
A higher volume of Spanish real estate changed hands in the first six months of 2014 than the total for the previous year, PropertyEU's Southern Europe Opportunity and Distressed Real Estate Briefing heard this week. Click on the following link [link="video highlights"]https://www.youtube.com/playlist?list=PLG-aSC7AB4fwP_RRHWEczz5WQOOLsI6sB[/link] for 21 video highlights from ...
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PropertyEU Archive
Westgrund raises €140m in share issue to fund acquisitions
Listed German residential landlord Westgrund has raised €140 mln from a share issue in the first phase of its drive to raise funds to support its aggressive growth strategy.
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PropertyEU Archive
Swedish PE acquires 20,500m2 office complex in Vilnius
Swedish private equity firm Nordic and Baltic Property Group (NBP) has acquired a 20,500 m2 office complex in the Lithuanian capital Vilnius.
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PropertyEU Archive
Great Portland pre-sells €260m of resi at central London development
Great Portland Estates (GPE) has pre-sold 125 apartments for £207 mln (€260 mln) at its Rathbone Square development in central London where construction started in July.


