All PropertyEU Archive articles – Page 1566
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PropertyEU Archive
Trigranit embarks on first Chinese project
Hungarian real estate developer Trigranit Development Corporation has signed a letter of intent with the local authorities of Putian City in the southern Chinese province of Fujian to develop and build a 500,000 m[sup]2[/sup] urban centre and a leisure complex.
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PropertyEU Archive
LGP in East Croydon resi redevelopment
Legal & General Property (LGP) has unveiled its proposal for the refurbishment of St George's House, Park Lane in East Croydon.
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PropertyEU Archive
'Czech and Slovak markets key to Euro growth'
Analysts are confident that economic growth in the Czech Republic and Slovakia will recover in 2013, with Czech GDP reaching 3% and Slovak reaching over 3% in 2016, despite negative growth during 2012.
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PropertyEU Archive
Toby Pentecost joins Quadrant Estates
Quadrant Estates, the London-based property developer-investor, has appointed Toby Pentecost as an associate director.
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PropertyEU Archive
German heavyweights stabilise open-ended fund index
German open-ended real estate funds returned 0.1% in August while the sub index for funds predominantly invested in Germany returned 0.2% for the month and 2.6% for the last 12 months, according to the latest monthly report published by the Investment Property Databank.
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PropertyEU Archive
Mirland secures EUR 40m refinancing loan
Russian listed property group Mirland said on Thursday it has secured a new non-revolving $50 mln (EUR 40 mln) refinancing loan agreement with Sberbank of Russia for two of its Moscow office investment assets.
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PropertyEU Archive
SPS acquires Swiss services provider
Swiss Prime Site (SPS) said on Thursday it has concluded an agreement with Credit Suisse Group on the acquisition of the Winterthur-based property services provider Wincasa.
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PropertyEU Archive
Redefine announces discounted share offer
UK listed property firm Redefine has announced plans to issue 490 million new shares to raise £127.5 mln (EUR 160 mln) of equity aimed at reducing leverage and financing acquisitions.
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PropertyEU Archive
Unibail-Rodamco appoints new head of office division
Franco-Dutch listed property giant Unibail-Rodamco has appointed Jean-Marie Tritant as director-general of the office division, in addition to his responsibilities as head of retail in France. He will take on his new role on October 26, 2012.
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PropertyEU Archive
Rockspring fully lets Bluebox in Geneva
Rockspring Property Investment Managers announced that Fongit, a start-up accelerator, has taken a 15-year lease at the Bluebox office development in Geneva. The building is now fully let.
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PropertyEU Archive
BNP Paribas RE teams up with Newsec in the Nordics
BNP Paribas Real Estate is stepping up the pace of its international expansion drive with a new alliance in six Scandinavian and Baltic countries.
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PropertyEU Archive
Jean-Marc Jestin named COO at Klépierre
French listed shopping centre group Klépierre has announced the appointment of Jean-Marc Jestin as chief operating officer and a member of the group’s executive board. His appointment will take effect on 29 October 2012.
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PropertyEU Archive
Coral invests in two UK student housing sites
Coral Student Portfolio has invested in two new student housing sites in the UK through the Student Development Partnership. The sites are located in Coventry and Birmingham and will provide a total of 840 beds on completion in September 2013.
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PropertyEU Archive
Italy's Prelios sells stake in German resi portfolio
Italian listed property company Prelios has sold its interest in a German residential portfolio consisting of 1,250 apartments in Berlin as part of its strategy to divest non-strategic, minority holdings, PropertyEU has learned.
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PropertyEU Archive
Henderson strengthens Swedish platform
Henderson Global Investor's EUR 15.3 bn property business has hired Fredrik Wallman as leasing and development manager in Sweden. Wallman, who will be based in Stockholm, will report to Johan Åström, head of property in Sweden.
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PropertyEU Archive
Global retail property investment to hit EUR 140b by 2020: JLL
Annual investment volumes in retail real estate could hit $180 bn (almost EUR 140 bn) globally by 2020 due to increasing cross-border activity, according to Jones Lang LaSalle. The property adviser said cross-border activity is showing growth of around 50% on the projected volumes for 2012 ($110-125 bn).
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PropertyEU Archive
Real estate contributes 2.5% to European economy: report
The commercial real estate industry contributes 2.5% to the total economy of Europe, more than the automotive, telecommunications and banking industries, according to new research commissioned by the European Association for Investors in Non-listed Real Estate Vehicles (INREV) and the European Public Real Estate Association (EPRA).
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PropertyEU Archive
BayernLB provides EUR 32m refi facility for German nursing homes
German lender BayernLB is providing a EUR 32 mln refinancing loan to unnamed fund investors who own a portfolio of six nursing homes in Germany. The four assets in Bavaria and two in Hesse, totalling 650 beds, are operated by European pharmaceuticals firm Phoenix Group.
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PropertyEU Archive
Aberdeen appoints senior business development manager
Aberdeen Asset Management has appointed Ibtissem Sfaxi as senior business development manager for France and the Middle East in its property business division.
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PropertyEU Archive
Griffin Group acquires market hall project in Warsaw
Real estate investment manager Griffin Group has acquired Hala Koszyki, the restoration of the historic market hall in the heart of Warsaw. The investment volume for the transaction was not disclosed.


