All PropertyEU Archive articles 鈥� Page 1525
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PropertyEU Archive
Deka trades bank buildings in France and Spain
Deka Immobilien has acquired the Austerlitz II property in Paris for EUR 169 mln. Completed in 2003, Austerlitz II has a total lettable area of approximately 22,600 m2, which is almost fully leased by French investment bank Natixis.
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PropertyEU Archive
Conwert buys majority stake in German resi firm KWG
Austrian listed property investor Conwert Immobilien has purchased a stake of around 60% in Hamburg-based residential company Kommunale Wohnen AG (KWG), which manages some 9,700 units in Germany.
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PropertyEU Archive
Cordea Savills buys office property in Helsinki
Asset manager Cordea Savills has acquired a 7,000 m[sup]2[/sup] office building in Helsinki for EUR 27 mln.
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PropertyEU Archive
JLL Hotels completes sale of CEE portfolio
Jones Lang LaSalle Hotels has announced the sale of the Austria Hotels International Portfolio on behalf of subsidiaries of Uniqa Versicherungen, one of Europe's largest insurers. The investment volume was not disclosed.
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PropertyEU Archive
LaSalle closes in on Paris office deal
LaSalle Investment Management has bought an office complex in the Montparnasse business district in Paris on behalf of ADIA, the Abu Dhabi Investment Authority, PropertyEU has learned.
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PropertyEU Archive
Immofinanz starts Nimbus construction in Warsaw
Vienna-listed Immofinanz has begun work on The Nimbus, its first office development project in Warsaw.
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PropertyEU Archive
Warimpex JV finalises Warsaw hotel sale to Deka
Joint owners Warimpex and developer UBM have concluded the sale of Warsaw's flagship InterContinental hotel to Germany鈥檚 DekaBank for over EUR 100 mln, the companies said on Friday. The transaction, first announced at end-October, is the largest hotel deal ever in Poland.
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PropertyEU Archive
Norwegians and Prologis form EUR 2.4b JV in Europe
Prologis and Norway's massive oil-fuelled state pension fund have formed a joint venture in Europe to buy the EUR 2.4 bn logistics portfolio made up largely of assets held by the former ProLogis European Properties (PEPR) fund.
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PropertyEU Archive
Cityhold completes third London acquisition of 2012
Swedish real estate investor Cityhold has carried out its third transaction in London this year with the acquisition of The Peak freehold office property.
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PropertyEU Archive
Patrizia adds EUR 700m AUM via Tamar takeover
German listed property company Patrizia Immobilien is acquiring London-based real estate investment and asset management company Tamar Capital Group.
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PropertyEU Archive
Redevco appoints UK managing director
Private Dutch property company Redevco has appointed Adam Starr as managing director of its UK operations with effect from 1 February 2013.
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PropertyEU Archive
Azerbaijani SWF buys Paris asset from AXA
Azerbaijan's State Oil Fund has acquired a prime mixed-use asset in Paris from AXA Real Estate for EUR 135 mln, just days after snapping up an office property in London's West End.
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PropertyEU Archive
Luxury shopping boosts top retail cities: CBRE
Cities with international reputations for luxury shopping are witnessing strong demand from retailers and will continue to benefit from high rents, according to new research from property adviser CBRE.
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PropertyEU Archive
CBRE names project management boss in Russia
Global property adviser CBRE has appointed Mikhail Kaplun as director of the project management department in Russia.
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PropertyEU Archive
Three candidates tipped for Neo Brussels project
The authorities in Brussels say three candidate groups have been shortlisted following the initial stage in the tender process for the 300,000 m[sup]2[/sup] mixed-use Neo development project.
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PropertyEU Archive
CBRE strengthens valuation team in Warsaw
CBRE has announced the addition of Krzysztof Widuch to its valuation team in Warsaw.
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PropertyEU Archive
Retail remains sector of choice for core investors: LaSalle
Retail will remain the sector of choice for risk-averse core investors in 2013 due to its defensive characteristics, according to LaSalle Investment Management鈥檚 Annual Investment Strategy report.
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PropertyEU Archive
Patners Group gets commitments for RE programmes
Partners Group's clients have committed $500 mln (鈧�384 mln) to two private real estate programmes
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PropertyEU Archive
Griffin Real Estate pulls off major deal in Wroclaw
Griffin Real Estate has acquired Renoma Shopping Centre in the western Polish city of Wroclaw. The investment volume of almost EUR 120 mln makes the deal one of the larger single-asset commercial property transactions in Poland during 2012.
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PropertyEU Archive
KanAm 'on track' with grundinvest liquidation
German fund manager KanAm said it is on track to meet its target to liquidate its EUR 6.3 bn grundinvest fund by end-2016 after selling EUR 1.9 bn of assets in 2012.
