All PropertyEU Archive articles 鈥� Page 1529
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PropertyEU Archive
Chris Townsend to head EUR 2.5b UK leisure project
London Resort Company Holdings (LRCH), the development vehicle driving plans for a 拢2 bn (EUR 2.48 bn) leisure destination in the southeast of England, has appointed Chris Townsend to the board as commercial director.
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PropertyEU Archive
Henderson acquires German logistics at 8% yield
Henderson Global Investors has started investing on behalf of a new German logistics property vehicle.
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PropertyEU Archive
Corestate plans EUR 80m student hall in Vienna
Swiss real estate investor Corestate has acquired a land plot in Vienna for a 25,000 m2, student housing-led development. The project will deliver 500 residential units in a scheme with an anticipated market value of EUR 80 mln.
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PropertyEU Archive
Gazprom fills space at St Petersburg's Airportcity
An Austrian real estate joint venture has leased two-thirds of the office space at its Airportcity mixed-use scheme in St Petersburg to a subsidiary of Russian energy giant Gazprom.
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PropertyEU Archive
Allianz Real Estate buys in Brussels
Allianz Real Estate has purchased the Express South office building in Brussels. Financial details were not disclosed.
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PropertyEU Archive
LGP appoints Rob Codling to Managed Fund
Legal & General Property has appointed Rob Codling as a senior asset manager within its 拢1.4 bn (EUR 1.7 bn) Managed Fund, further strengthening its in-house asset management team.
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PropertyEU Archive
JV buys Sharp base in Hamburg
German project developer K枚hler & von Bargen Immobilien and fund manager Picom from Hamburg have acquired a 33,000 m虏 site in Hamburg from electronics company Sharp. The transaction took the form of a sale-and-leaseback deal and the financial details were not disclosed.
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PropertyEU Archive
Italy's Cilento outlet village opens its doors
Italian developers Irgenre and Promos have announced that their Cilento outlet village is opening its doors this week in the southern Italian region of Campania.
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PropertyEU Archive
Skies darken over French real estate
Prospects for the French real estate market have worsened in the past 12 months and the outlook for 2013 is darkening, according to Olivier Mege, deputy managing director for Southern Europe and France at IPD. 'We expect investment volumes to go down vis-脿-vis 2011-12,' he said at PropertyEU's recent Outlook ...
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PropertyEU Archive
New lenders spark legal debate in Germany
The growth of new lenders is creating a need for new structures and standards in Germany, according to Stephan Kock, partner and head of international finance at law firm Ashurst.
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PropertyEU Archive
CBREGI acquires 34,000m[sup]2[/sup] distribution centre in Warsaw
CBRE Global Investors has announced the acquisition of the Warsaw Distribution Centre logistic and office business park located in Warsaw from Peakside Capital's Polonia Management (PPM) subsidiary. Financial details were not disclosed.
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PropertyEU Archive
Henderson to give Swindon outlet 拢35m facelift
Henderson Global Investors has received planning consent for the development of almost 50,000 sq ft (4,600 m2) of new retail and catering space at its Swindon Designer Outlet Centre.
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PropertyEU Archive
Schroder Trust sells 50% of London's Minerva House
Schroder Real Estate Investment Trust has exchanged unconditional contracts to sell its 50% interest in Minerva House, London SE1, for 拢30 mln (EUR 37 mln), reflecting a net initial yield of 5.37%.
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PropertyEU Archive
Large-ticket deals in the works may tip Russian volumes over EUR 6b mark
Commercial property deals of over $3 bn (EUR 2.3 bn) are currently being negotiated in Russia, suggesting year-end transactions may give a big boost to 2012 investment volumes.
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PropertyEU Archive
Barwood raises EUR 62m for new fund
Fund manager Barwood Capital has announced a new 拢100 mln (EUR 124 mln) investment drive in commercial property, having closed a 拢50 mln fund and confirmed a major investment bank as a co-investment partner.
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PropertyEU Archive
Generali buys Seven Office in Munich
Law firm Clifford Chance has said it advised Generali Real of the Seven Office property at G盲rtnerplatz in Munich. The property was sold by the joint venture aiP G盲rtnerplatz formed by LBBW Immobilien Capital and alpha invest Projekt.
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PropertyEU Archive
Cordea Savills buys for London residential fund
Cordea Savills, the international property investment manager, has acquired the first two assets on behalf of its Prime London Residential Development Fund.
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PropertyEU Archive
Kl茅pierre set to double cash pile by year-end
French REIT Kl茅pierre will see its liquidity more than double to EUR 2 bn by end-2012 thanks to a string of disposals and successful bond issues in the past 12 months, CEO Laurent Morel told PropertyEU. 鈥榃e are well on schedule...we do not need to do any significant refinancing ...
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PropertyEU Archive
LBO France denies Paris sale to Qataris
LBO France has denied that the buyer of the historic Lido asset at 116 bis Champs Elyse麓es in Paris is the investment management arm of DTZ, on behalf of the Qatari sovereign wealth fund.
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PropertyEU Archive
Kl茅pierre opens mall extension in Eastern Paris
French REIT Kl茅pierre has completed the extension to its major Les Sentiers de Claye-Souilly shopping centre in eastern Paris following two years of construction work.
