All PropertyEU Archive articles 鈥� Page 1585
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PropertyEU Archive
Union buys two office projects near Paris for EUR 240m
Union Investment has acquired two office developments near Paris for its UniImmo: Germany open-ended real estate fund. The purchase price amounts to around EUR 240 mln.
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PropertyEU Archive
Milan City fund starts sale of EUR 90m portfolio
BNP Paribas REIM has announced the start of the first phase of disposal for Fondo Comune Milano II, a property fund seeded with assets from the municipality of Milan.
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PropertyEU Archive
TK Development sells two Polish projects for EUR 95m
Denmark's TK Development has signed a conditional agreement with Chicago-headquartered property firm Heitman to sell two Polish assets at a total project value of EUR 95 mln.
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PropertyEU Archive
Crown Estate snaps up Bafta HQ in London
The Crown Estate has acquired the freehold interest in Princes House, a cluster of buildings at St James's in London, for 拢87 mln (EUR 111 mln). The deal represents an earnings yield of 4.74%. The vendor is Aviva Investors.
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PropertyEU Archive
HIH ties up with Boxberg in search of German opportunities
Hamburgische Immobilien Handlung (HIH), the property arm of German private bank M.M. Warburg & Co, is teaming up with UK private equity group Boxberg Capital on a major value-add and opportunistic investment drive in Germany.
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PropertyEU Archive
Prologis launches business development team in Poland
European industrial property group Prologis has announced the creation of a new business development team in Poland to focus on customer needs relating to four new projects across the country.
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PropertyEU Archive
CBRE to sell two hotels near London's Olympic Park
CBRE Hotels EMEA has been appointed to sell The Holiday Inn and Staybridge Suites Westfield in London on behalf of Patron Capital and Cycas Hotel Partners. The agent did not disclose the asking price for the properties.
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PropertyEU Archive
C&W strengthens retail team with new hire
Cushman & Wakefield has further expanded its European retail team with the appointment of retail expert Miluse Kafkova to lead its retail asset management teams in the Czech Republic and Slovakia.
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PropertyEU Archive
'Dutch commercial property over-valued by EUR 37b'
Investors, business and government must be prepared to write off a further EUR 37 bn on their Dutch commercial property investments, civil engineering group Arcadis said in Dutch newspaper Trouw on Tuesday.
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PropertyEU Archive
AXA Real Estate sells Birmingham office for EUR 41m
AXA Real Estate Investment Managers has completed the sale of an office building in Birmingham for 拢32 mln (EUR 41 mln) to Israeli financial institution CLAL Insurance Enterprises Holdings. AXA carried out the sale on behalf of The Co-operative Insurance, which has been a client since 2005.
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PropertyEU Archive
Historic hotel development site goes on sale in Amsterdam
Global real estate adviser CBRE has been mandated to market a nine-acre (3.6 hectares) former timber yard in Amsterdam.
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PropertyEU Archive
Henderson takes over asset manager in France
Henderson Global Investors鈥� EUR 15 bn property business has acquired Horizon Investment Management France, a privately owned French asset management firm, as part of its strategy to double its French assets under management by 2015. Financial details were not disclosed.
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PropertyEU Archive
Avestus wins contract to manage Hungarian office
Avestus Real Estate has been appointed to manage the N茅pliget Center office scheme in Hungary on behalf of GLL Real Estate Partners, the manager of the fund that owns the asset.
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PropertyEU Archive
German banks refinance MGPA office scheme in Paris
European private equity group MGPA has announced the refinancing of its Le Madeleine office scheme in Paris with a consortium of German banks.
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PropertyEU Archive
CDC, Icade deny rumours of tender offer changes
French bank Caisse des D茅p么ts and its property subsidiary Icade have denied rumours of revisions to the exchange ratio of the offer launched by Icade for shares in peer company Silic earlier this year.
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PropertyEU Archive
C&W's David Izett takes COO post in Moscow
Cushman & Wakefield has announced that David Izett, business development partner in its UK office, is joining the firm's Moscow business as chief operating officer.
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PropertyEU Archive
Milligan names development director
UK retail development specialist Milligan has appointed Howard Penstone as development director. Penstone will lead the company's projects including the redevelopment of The Mailbox, in which Milligan co-invested last May alongside Brockton Capital.
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PropertyEU Archive
Union sets up funds for German health insurer SDK
German fund manager Union Investment said on Tuesday it is setting up two special funds for health insurer SDK Group which will bundle the company's indirect property investments. The funds have a combined target volume of EUR 250 mln and are aimed at consolidating SDK鈥檚 existing indirect property investments and ...
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PropertyEU Archive
Panattoni to develop new 30,000-m[sup]2[/sup] German facility
European logistics developer Panattoni Europe has commenced development on a new 30,000 m[sup]2[/sup] warehouse facility for Lear Corporation, a global supplier of automotive seating and electrical power management systems.
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PropertyEU Archive
Orion, Quadrant Estates to build EUR 153m scheme in London
Orion Capital Managers has bought the former Daily Mail headquarters in the City of London and named Quadrant Estates as its development partner.
