All PropertyEU Archive articles – Page 1589
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PropertyEU Archive
Internet retailer takes 10,000m[sup]2[/sup] at Segro facility in Berlin
Mysportgroup is to locate its first distribution centre at Segro's Berlin-Neikoln logistics centre in Germany. The internet sports goods retailer is leasing 9,000 m[sup]2[/sup] of warehouse space and 775 m[sup]2[/sup] of office space. Marwitz Logistik Immobilien acted for the tenant.
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PropertyEU Archive
Castellum invests EUR 34m in Denmark and Sweden
Swedish listed property company Castellum has invested SEK 291 mln (EUR 34 mln) in properties in Denmark and Sweden. Castellum's subsidiary Fastighets AB Briggen acquired a 19,200 m[sup]2[/sup] fully let warehouse and office property in Høje-Taastrup, west of central Copenhagen, for SEK 111 mln. The property comes with an additional ...
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PropertyEU Archive
Amstar raises EUR 95m Turkish retail development fund
US-based investment manager Amstar has closed its second international real estate development fund with EUR 95 mln of equity commitments. Amstar Global Property Fund II was raised to invest in three shopping centre developments located in undersupplied cities of Turkey.
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PropertyEU Archive
YIT launches Ikea store construction in Vilnius
YIT Kausta, the Lithuanian subsidiary of YIT Construction, has started construction of an Ikea store in the vicinity of Vilnius airport in Lithuania.
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PropertyEU Archive
Valad Europe expands team in the Nordics and Germany
Valad Europe, the multi-let real estate investment manager, has boosted its Nordic, German and fund management teams in line with its strategy to grow the business in regions where it already has an established presence.
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PropertyEU Archive
IPD launches European transaction-linked indices
Investment Property Databank (IPD) has launched transaction-linked indices (TLIs) for the main European markets in a move to better identify the volatility and inherent risk present in European real estate.
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PropertyEU Archive
Henderson gets go-ahead for mixed-scheme in London
Henderson Global Investors has secured planning permission for Charterhouse Place, a new commercial development at the gateway to the Charterhouse Quarter of Farringdon and Smithfield in London.
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PropertyEU Archive
Wainbridge strengthens London team
Property investment and development company Wainbridge Holdings has strengthened its team in London with the appointment of Jonathan Hardie as head of asset management and Ge Xu as an analyst. Jay Patel has been promoted to vice president.
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PropertyEU Archive
German property investment falls 14% in first half: BNP Paribas
Investment in German commercial property totalled EUR 9.7 bn in the first six months of 2012, a drop of nearly 14% on the same period last year, according to a survey conducted by BNP Paribas Real Estate (BNPPRE).
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PropertyEU Archive
Helaba provides EUR 34m financing to Deka for Polish offices
German bank Helaba has provided EUR 34 in financing for two office properties in Warsaw and Gdansk which are owned by two separate funds managed by Deka Immobilien.
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PropertyEU Archive
DIC Asset fund purchases office asset for EUR 44m
German listed property company DIC Asset said it has acquired an office project in Eschborn near Frankfurt for EUR 44 mln on behalf of its DIC Office Balance I fund.
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PropertyEU Archive
Malaysians bag Battersea Power Station for EUR 497m
A Malaysian consortium has acquired Battersea Power Station in central London for £400 mln (EUR 497 mln). The consortium comprises listed Malaysian property developer SP Setia, conglomerate Sime Darby and the Employees' Pension Fund of Malaysia.
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PropertyEU Archive
Norwegian SWF and Generali Real Estate form EUR 550m Paris JV
Norges Bank Investment Management (NBIM), manager of Norway's EUR 440 bn Government Pension Fund Global, has formed a joint venture with Italian insurer Generali to invest in core real estate in Paris.
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PropertyEU Archive
Australian REIT extends EUR 81m German debt facility
Charter Hall Retail REIT has extended its EUR 81 mln German facility by two years to December 2014. CB Equity Partners (CBE), a cross-border investment advisory boutique with offices in London and Hamburg, advised the Australian real estate investment trust on the refinancing of the cross-collateralised mortgage debt facility.
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PropertyEU Archive
MGPA buys German mall for North American investor
Private equity advisory firm MGPA has acquired the Komm shopping centre in Offenbach near Frankfurt am Main on behalf of a North American institutional investor. The vendor is German developer Hochtief Projektentwicklung.
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PropertyEU Archive
NAI Apollo sets up retail division
German real estate consulting company NAI Apollo has appointed Constance Monney von Buch as head of its new retail division, which will collaborate closely with the firm's investment, industrial and property management divisions.
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PropertyEU Archive
HIH and Boxberg team up on value-add Germany JV
German real estate company Hamburgische Immobilien Handlung (HIH) has teamed up with London-based real estate private equity business Boxberg Capital to form a platform for value-add and opportunistic investment in Germany.
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PropertyEU Archive
New socialist government won’t deter investors to France, panel says
Plans by France’s new socialist president Francois Hollande to raise income tax levels for top earners to 75% will not deter foreign investors interested in investing in the country’s real estate sector, Olivier de Molliens, deputy CEO of Paris-based Keops Colliers International, told attendees at the PropertyEU Investment Briefing held ...
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PropertyEU Archive
Goodman to develop 10,000m[sup]2[/sup] shed for UPS in Venlo
Goodman Group is to develop 10,000 m[sup]2[/sup] of logistics space for global logistics provider, UPS Supply Chain Solutions, at Venlo Trade Park North in the Netherlands.
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PropertyEU Archive
Catella buys office scheme in Stockholm for EUR 25m
Catella Real Estate KAG has acquired the Sjöstadsporten office building in the new district Hammarby Sjöstad to the south of Stockholm for SEK 225 mln (EUR 25 mln). The vendor is Andersson Real Estate Investment Management (Areim).


