All PropertyEU Archive articles – Page 1605

  • PropertyEU Archive

    EU regulations could favour non-European property investors

    2012-05-23T00:00:00Z

    Equity and debt capital formation across EU real estate investment markets could come under severe pressure in coming years, as Basel III, Solvency II and a host of other regulatory initiatives start to bite. Given global capital flows, and possible regulatory arbitrage by non-EU funds, prime assets could well ...

  • PropertyEU Archive

    RREEF's Grundbesitz europa shops in Helsinki

    2012-05-23T00:00:00Z

    Deutsche Bank's RREEF Real Estate said on Wednesday that its grundbesitz europa open-ended fund has made its first acquisition in Helsinki, Finland, with the purchase of the Safiiri building from Finnish developer YIT. The transaction price amounted to EUR 50 mln.

  • PropertyEU Archive

    MSREI sells Spanish logistics portfolio to Prologis

    2012-05-23T00:00:00Z

    Morgan Stanley Real Estate Investment said its P2 Value fund under liquidation has sold three logistics facilities in Spain to a subsidiary of Prologis.

  • PropertyEU Archive

    Corestate sells German portfolio for EUR 100m

    2012-05-22T00:00:00Z

    Corestate Capital, a specialist private equity real estate investor based in Zug/Switzerland, has completed the sale of a German commercial and residential real estate portfolio for more than EUR 100 mln, to two separate buyers. The properties were bought by an unnamed AIM-listed property company which has a focus ...

  • PropertyEU Archive

    Sponda issues EUR 150m domestic bond

    2012-05-22T00:00:00Z

    Finnish listed property firm Sponda has issued a EUR 150 mln senior unsecured domestic bond. The five-year bond matures on 29 May 2017 and carries fixed annual interest of 4.125%.

  • PropertyEU Archive

    IVG hands over 18,500 m[sup]2[/sup] in The Squaire to Lufthansa

    2012-05-22T00:00:00Z

    German listed property group IVG Immobilien has handed over 18,500 m[sup]2[/sup] of rental space at its flagship The Squaire development to its main occupier, Deutsche Lufthansa.

  • PropertyEU Archive

    BNP Paribas sells 4 projects for EUR 500m

    2012-05-22T00:00:00Z

    BNP Paribas Real Estate's development arm has announced the sale of four office projects representing a combined space of over 90,000 m[sup]2[/sup] during the first quarter of 2012. The total disposal price amounted to over EUR 500 mln.

  • PropertyEU Archive

    CBRE GI appoints Joung for EMEA capital raising

    2012-05-22T00:00:00Z

    CBRE Global Investors has appointed Je Wook Joung as Business Manager Investor Services, with particular focus on supporting capital raising activities for EMEA investment programs.

  • PropertyEU Archive

    CBRE to sell landmark Barcelona hotel

    2012-05-22T00:00:00Z

    CBRE Hotels EMEA has been appointed to sell the landmark Barceló Raval for an asking price of EUR 40 mln. This purpose-built hotel with 186 bedrooms was constucted in 2008 and is located in one of the main tourist districts of central Barcelona.

  • PropertyEU Archive

    C&W's Markus Reinert joins ISA Board

    2012-05-22T00:00:00Z

    The International Sustainability Alliance (ISA) has announced the appointment of Markus Reinert as an ISA Director and member of its board. Reinert is a partner and head of property & asset management and investor services at Cushman & Wakefield EMEA, the global property consultant.

  • PropertyEU Archive

    EU plans to boost growth and slash energy use should prioritize property

    2012-05-22T00:00:00Z

    The EU’s key twin objectives of boosting economic growth against the background of the eurozone crisis and cutting the bloc’s energy consumption by 20% by 2020, may achieve the biggest payoffs if financing is directed towards the real estate sector, attendees at a PropertyEU forum in Brussels heard on Tuesday.

  • PropertyEU Archive

    Henderson launches two debt funds

    2012-05-22T00:00:00Z

    Henderson Global Investors is poised to launch two real estate debt funds for the institutional market. Both funds aim to capitalise on the broad retraction of European bank lending and will have a common focus on premium real estate with strong sponsorship, John Feeney, Head of Real Estate Debt, said.

  • PropertyEU Archive

    German partners set up student resi joint venture

    2012-05-22T00:00:00Z

    International Campus AG, the operator of - and investor in - innovative student residences in Germany, has announced it will develop high-quality student residences together with the Berlin family business and real-estate investment group Gädeke & Sons. The joint venture will operate under the trademark The Fizz and aims to ...

  • PropertyEU Archive

    HUT secures EUR 433m financing from MetLife and banks

    2012-05-21T00:00:00Z

    Retail warehouse fund Hercules Unit Trust (HUT) has signed a new £350 mln (EUR 433 mln) five-year loan facility provided by US-based insurance company Metropolitan Life Insurance Company (MetLife) and UK banks Lloyds TSB and Royal Bank of Scotland (RBS).

  • PropertyEU Archive

    Deka acquires Prague office building for EUR 54m

    2012-05-21T00:00:00Z

    German property fund manager Deka Immobilien has acquired the City Green Court office building in Prague for EUR 54.5 mln. The vendor was international construction and property development group Skanska.

  • PropertyEU Archive

    Credit Suisse to liquidate EUR 6b Euroreal fund

    2012-05-21T00:00:00Z

    Credit Suisse is liquidating its EUR 6bn CS Euroreal property fund after too many investors opted to redeem their shares when it re-opened for one day of trading on Monday following a two-year freeze.

  • PropertyEU Archive

    Dundee International acquires Hannover office building

    2012-05-21T00:00:00Z

    Toronto-listed Dundee International REIT has acquired a 19,500 m[sup]2[/sup] office building in the German city of Hannover. The vendors of the Grammophon Park asset were European real estate investors Activum Capital Management and Stam Europe.

  • PropertyEU Archive

    ULI Trends conference adds session on eurozone crisis

    2012-05-21T00:00:00Z

    The Urban Land Institute (ULI) is bringing leading real estate professionals together to analyse how the property industry should respond to the eurozone crisis.

  • PropertyEU Archive

    DTZ Echinox appointed leasing agent for Coresi mall

    2012-05-21T00:00:00Z

    Immochan, the real estate division of retailer Auchan, has appointed property adviser DTZ Echinox to provide leasing services for Coresi Shopping Centre project in the Romanian city of Brasov.

  • PropertyEU Archive

    Westfield London wins ICSC 'Best of the Best' award in LA

    2012-05-21T00:00:00Z

    Sydney-listed shopping centre specialist Westfield has won the International Council of Shopping Centers 'Best of the Best' award for the design and development of its 156,000 m[sup]2[/sup] scheme in the White City district of London. The award in the 'new retail project' category was presented for Westfield London at the ...