All PropertyEU Archive articles – Page 1546
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PropertyEU Archive
European listed property finishes 5.1% higher in October: GPR
The European listed real estate sector, as represented by the GPR 250 Europe Index. closed 5.1% higher in October.
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PropertyEU Archive
German office take-up above 10-year average in 2012
Take-up across Germany’s six key office markets amounted to 2.1 million m[sup]2[/sup] in the first nine months of the year, new research from Savills reveals.
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PropertyEU Archive
St Modwen raises EUR 100m with debut retail bond
UK regeneration specialist St. Modwen Properties has raised £80 mln (EUR 100 mln ) by issuing its first retail bond. The 6.25% Sterling Bonds are due on 2019.
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PropertyEU Archive
Italy sees just EUR 100m of retail deals in 2012
Italy saw less than EUR 100 mln of retail deals closed so far this year, according to a new research reported published by Jones Lang LaSalle. The figure compares to over EUR 900 mln registered in the same period a year before.
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PropertyEU Archive
Hemsö purchases two properties for EUR 30m
Swedish community services property company Hemsö is purchasing two properties for a total price of SEK 255 mln (EUR 30 mln) including transaction costs. The deal generated a yield of 7.1%.
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PropertyEU Archive
Multi and partners open town square in Amersfoort
European developer Multi has announced the opening of Eemplein town square in the Dutch city of Amersfoort. The project was executed in a partnership with Green, The Alliance housing corporation and the municipality.
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PropertyEU Archive
Occupiers' appetite spurs Poland's building frenzy
A combination of higher property yields and positive economic prospects has turned Poland into an investor darling and fuelled construction activity across the country’s major markets.
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PropertyEU Archive
ECE appoints Claudia Plath as head of finance arm
Germany's ECE Projektmanagement has announced that Claudia Plath will take over the responsibility for ECE's Finance division as managing director as of 1 January 2013. She will replace Karsten Hinrichs and be responsible for Asset Management, Corporate Finance, Accounting & Controlling as well as Risk Management.
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PropertyEU Archive
ECB measures boost attractiveness of European property: DTZ
The European commercial property market looks better value in Q3 with the DTZ Fair Value Index score for Europe rising to 62 from 53 in the previous quarter. The rise was attributed to falls on bond yields in the wake of the European Central Bank announcement that it will support ...
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PropertyEU Archive
European debt funds raise half of EUR 10b target: INREV
Investors have expressed increased interest in European real estate debt funds, with a majority citing the risk/return characteristics of real estate debt funds as one of the main attractions, according to INREV's recent Debt Fund Survey.
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PropertyEU Archive
BNL, AEW sell Parc Seny in Brussels for EUR 21m
Belgian firm Immobel has purchased the shares of SPI Parc Seny, the owner of the Parc Seny building in the municipality of Auderghem, southwest of Brussels, from BNL Portfolio Immobiliare Fund and AEW Asset Management Europe.
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PropertyEU Archive
JLL sees strong growth in Q3 earnings
Chicago-based property services firm Jones Lang LaSalle posted earnings of $50 mln in the third quarter of 2012, up 47% compared to $34 mln in the same period a year before.
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PropertyEU Archive
CBRE's earnings drop 38% in Q3
New York-listed real estate services firm CBRE saw net income fall 38% to $40 mln in the third quarter of 2012 compared to $64 mln in the same period a year before.
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PropertyEU Archive
MSCI announces takeover of IPD for EUR 96m
New York-listed MSCI has entered into a definitive agreement to acquire IPD Group for a purchase price of around $125 mln (EUR 96 mln), funded through existing cash.
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PropertyEU Archive
Savills appointed to sell Ashford castle in Ireland
International real estate advisor Savills has been appointed to sell Ashford Castle by receivers Ernst & Young. The historic, five-star resort hotel and estate is located in County Mayo, Ireland on the shores of Lough Corrib and the River Cong, and is on the market for a guide price of ...
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PropertyEU Archive
Befimmo simplifies its corporate structure
Belgian REIT Befimmo has reached an agreement with AG Real Estate to fully internalise property management activities currently performed by AG Real Estate Property Management and to take full control of the statutory manager of Befimmo SCA for a consideration of EUR 21 mln.
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PropertyEU Archive
Meyer Bergman lifts stake in major Polish mall
Meyer Bergman, the European retail real estate investment management firm, said on Wednesday that it has acquired an additional stake in Galeria Katowicka in southern Poland, and that it has completed the first phase of the development with the delivery of a new railway station at Katowice.
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PropertyEU Archive
Lending to UK real estate businesses continues to fall
UK bank exposure to real estate fell to 8.4% in the third quarter of 2012, the lowest level since 2002, according to the latest Bank of England quarterly lending figures.
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PropertyEU Archive
Deka buys InterContinental Warsaw hotel from Warimpex, UBM
Joint owners Warimpex Finanz- und Beteiligungs and UBM Realitätenentwicklung have announced the signing of a preliminary agreement on Warsaw's flagship InterContinental hotel to the WestInvest InterSelect retail real estate fund of Germany’s DekaBank.
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PropertyEU Archive
CA Immo signs 14,000m[sup]2[/sup] lease extensions in Romania
CEE investor-developer CA Immo has extended leases for over 14,000 m[sup]2[/sup] in two Bucharest office buildings as international anchor tenants are helping the company's EUR 407 mln Romanian portfolio to almost 100% occupancy.


