All PropertyEU Archive articles 鈥� Page 1575
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PropertyEU Archive
CA Immo's rental income climbs 10% in H1 2012
Austrian listed property company CA Immo posted a 10% rise in rental income which reached EUR 141 mln in the first half of the year, largely as a result of additional rental revenue generated by recently completed developments.
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PropertyEU Archive
Polish full-year volumes for 2012 may reach EUR 2.5b: JLL
Polish real estate volumes for full-year 2012 may come to as much as EUR 2.5 bn despite a subdued second quarter, Jones Lang LaSalle has said.
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PropertyEU Archive
Russian real estate investment to drop 30% in 2012: CBRE
Investment in Russian commercial real estate is expected to reach $4.5 bn (EUR 3.6 bn) in 2012, a drop of nearly 30% compared to the $6.4 bn recorded in 2011.
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PropertyEU Archive
Dev Secs sells three assets for EUR 52m
Development Securities said on Tuesday that it has completed three disposals from its trading and development portfolio, generating revenue of 拢41 mln (EUR 52 mln).
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PropertyEU Archive
PEPR receives approval to delist
Prologis European Properties (PEPR), a leading European owner of distribution facilities, announced on Tuesday that it has received approval from the Luxembourg stock exchange to delist its referred and ordinary units.
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PropertyEU Archive
Investors believe eurozone is here to stay: Union
While the vast majority of European real estate investors expect the eurozone to survive, the debt crisis and the uncertainty surrounding its consequences for European real estate markets continue to create headwinds for investment in Europe鈥檚 three largest economies. That is one of the findings of the latest investment climate ...
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PropertyEU Archive
Editor's choice: top real estate headlines
A selection of the leading property headlines from around Europe at a glance:
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PropertyEU Archive
German institutional funds with retail focus outperform in H1: IPD
Property funds for institutional investors achieved a total return of 0.4% in the first half of 2012, with funds focusing on Germany achieving a higher return of 0.7% and pan-European funds delivering 0.2%, according to IPD鈥檚 new SFIX Quarterly Indicator.
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PropertyEU Archive
BVI slams proposed abolition of German open-ended funds
German fund industry assocation BVI has criticised the proposed abolition of open-ended real estate funds as part of the implementation of the AIFM Directive into German law as detrimental to small investors. In a statement published on Monday, BVI chief Thomas Richter said that a ban on new open-ended funds ...
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PropertyEU Archive
LGP acquires Hammersmith office at high yield
Legal & General Property (LGP), acting on behalf of its Managed Fund, has acquired the freehold interest in Bechtel House in Hammersmith, London from CBRE SPUK III.
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PropertyEU Archive
Immofinanz sells apartment building in Vienna
Listed CEE property investor Immofinanz has sold an an apartment building in Vienna. The buyer is a corporation associated with the Austrian lender Raiffeisen Landesbank Ober枚sterreich. The price paid topped EUR 33 mln, which Immofinanz said was significantly higher than the current book value.
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PropertyEU Archive
Carlyle JV completes first student apartments in London
Global alternative asset manager The Carlyle Group and Generation Estates have completed their first private student residential hall under their London-focused brand Pure Student Living. The 400-bed Pure Highbury property is located in Finsbury Park, North London.
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PropertyEU Archive
Lloyds Bank provides financing for Chiswick Park pre-let
Lloyds Bank Wholesale Banking & Markets is to fund the construction of a new London office building at Chiswick Park to be occupied by the Scandinavian energy company Aker Solutions.
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PropertyEU Archive
Editor's choice: top real estate headlines
A selection of the leading property headlines from around Europe at a glance:
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PropertyEU Archive
City of London office prices fall further in July: IPD
Office prices in the City of London fell for the second consecutive month in July despite pressure from overseas buyers, indicating values in the sector may be past their peak, according to IPD.
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PropertyEU Archive
GSW raises full-year earnings forecast
German residential company GSW Immobilien reported net rental income rose by around 13.3% in the first six months of 2012 to EUR 78.9 mln from EUR 69.6 mln in the year-earlier period. However, earnings before interest and tax (EBIT) were down 3% year-on-year at EUR 66.3 mln.
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PropertyEU Archive
Atrium European Real Estate books solid H1 performance
Listed CEE shopping centre specialist Atrium European Real Estate reported gross rental income increased by 13% to EUR 96 mln in the first half of 2012 compared to the year-earlier period, reflecting like-for-like growth of 5.6% to EUR 81 mln.
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PropertyEU Archive
Forever 21 to open first Dutch store in Rokin Plaza
US fashion chain Forever 21 has announced it will open its first store in the Netherlands in the third quarter of 2013.
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PropertyEU Archive
Pbb provides EUR 285m facility for Deutsche Wohnen
Pbb Deutsche Pfandbriefbank together with four other banks has financed a portion of the Baubecon portfolio which German listed company Deutsche Wohnen acquired in May this year. Deutsche Wohnen bought the Baubecon portfolio of 23,500 housing units in Germany in a deal worth EUR 1.2 bn.
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PropertyEU Archive
Grainger starts EUR 76m mixed project in London
Grainger, a UK-listed residential property owner and manager, has started construction of a mixed-use development in Clapham Old Town, London.
