All PropertyEU Archive articles 鈥� Page 1612
-
PropertyEU Archive
Dundee International REIT shops in Germany for EUR 48m
Canada's Dundee International REIT has expanded its German portfolio with the purchase of the Karl-Martell-Strasse 60 asset in Nuremberg, in Germany's southern state of Bavaria, for C$63 mln (EUR 48 mln). The vendor is the open-ended SEB ImmoInvest fund.
-
PropertyEU Archive
Groupama puts EUR 500m Paris trophy up for grabs
Insurance group Groupama is reportedly planning to sell a building on Paris' flagship shopping street Avenue des Champs Elysees for over EUR 500 mln.
-
PropertyEU Archive
Land Secs acquires leisure scheme for EUR 61m
Land Securities has acquired a leisure centre in the English city of Nottingham for 拢50 mln (EUR 61 mln). The vendor of the 21,000 m[sup]2[/sup] Cornerhouse was BP Pension Fund.
-
PropertyEU Archive
France's Casino sells 9.8% stake in Mercialys
French retail giant Casino has announced the sale of a 9.8% stake in its property arm Mercialys through an equity swap with Cr茅dit Agricole Corporate and Investment Bank. The transaction generated EUR 138 mln in cash for the group, Casino said in a statement.
-
PropertyEU Archive
Fran莽aise AM launches first Sharia-compliant OPCI
La Fran莽aise Asset Management has announced the creation of the first Sharia-compliant OPCI investment fund ever launched in France.
-
PropertyEU Archive
BNP Paribas Real Estate appoints John Slade as UK boss
BNP Paribas Real Estate has appointed John Slade as its new Chief Executive Officer for the UK, effective from June 2012.
-
PropertyEU Archive
Codic sells office scheme in Brussels' periphery
Belgian developer Codic has concluded the sale of the fifth phase of Les Collines de Wavre office scheme located in the southern periphery of Brussels. The asset was bought by Belgian private equity advisory firm Tribeca Capital Partners on behalf of a private investor. Financial details were not disclosed.
-
PropertyEU Archive
GSW raises EUR 190m in capital increase for acquisitions
GSW Immobilien has raised net proceeds of EUR 190 mln from a capital increase. Existing shareholders of the listed Berlin-based residential property company purchased almost all of the 9.5 million shares offered at EUR 21.3 per share. The gross proceeds came to EUR 201 mln.
-
PropertyEU Archive
Invesco picks up two Berlin hotels for EUR 60m
Invesco Real Estate (IRE) has acquired two newly built four-star hotels on Berlin's Alexanderplatz for about EUR 60 mln in a sale-and-leaseback acquisition with Azure Property Group.
-
PropertyEU Archive
Brazilian billionaire seals EUR 616m deal in London
Brazilian billionaire Moise Yacoub Safra is reportedly paying 拢500 mln (EUR 616 mln) to acquire the Plantation Place office scheme in the City of London in a loan-to-own strategy. The office scheme was tied up in a commercial mortgage-backed security (CMBS) which breached its loan-to-value conditions in 2008.
-
PropertyEU Archive
Real I.S. buys German shopping centre for EUR 76m
German fund manager Real I.S. has acquired the Schl枚ssle Galerie shopping centre in the south-western German town of Pforzheim from Deka Immobilien for EUR 76 mln.
-
PropertyEU Archive
Rockspring, Vencom acquire Swedish retail portfolio
Rockspring Property Investment Managers has acquired a 45,000 m[sup]2[/sup] portfolio of retail assets in Sweden, with Vencom Property Partners acting as the local operating partner. The assets were sold by Redevco Sweden and the financial details were not disclosed.
-
PropertyEU Archive
C&W adds to London markets team
Cushman & Wakefield has appointed Sharon French as partner in the property & asset management team within its London Markets group with effect from 30 April.
-
PropertyEU Archive
French hedge funds give AIFMD a qualified thumbs up
French hedge funds and the securities regulator AMF believe the Alternative Investment Fund Managers Directive (AIFMD) will - more than UCITS fund vehicles - boost investor confidence in hedge funds and pave the way for potentially significant asset growth. But they caution that further steps are required to fully gain ...
-
PropertyEU Archive
Union Investment strikes another deal in central Berlin
Union Investment Real Estate has carried out its second investment in central Berlin in a matter of weeks. In the latest deal, the Hamburg-based investor acquired Neue Promenade 6, a 3,140 m[sup]2[/sup] office and retail property, from a private investor. The financial details were not disclosed.
-
PropertyEU Archive
OVG wins CoreNet award for TNT building
CoreNet Global - the association for corporate real estate - has named Rotterdam-based developer OVG Real Estate as the winner of the annual Sustainable Leadership Award. The award was presented during the opening session of the CoreNet Global Summit at the San Diego Convention Center earlier this week.
-
PropertyEU Archive
European debt space becoming more 'finely divided'
As the European real estate debt market continues to develop, more sophisticated strategies will evolve, according to Dale Lattanzio, managing partner of DRC Capital, the London-based real estate debt investment platform which was spun out last month from US private equity firm Duet.
-
PropertyEU Archive
CBRE Global Investors fails to halt new Capgemini office
CBRE Global Investors, the landlord of CapGemini's current Dutch office in the Papendorp business park near the city of Utrecht, has lost a court battle to halt construction of a new office building for the ICT services company.
-
PropertyEU Archive
CBRE hires Chris Vydra from Knight Frank
CBRE has appointed Chris Vydra as an executive director to their Central London business. Vydra worked at CBRE until 2005, when he joined Knight Frank as a partner.
-
PropertyEU Archive
Colliers strengthens Serbian office
Colliers International has announced the appointment of Jovan Tatalovic as Office Agency director in Serbia. Tatalovic has over eight years of experience on the Serbian office market. Having spent 6 years in Colliers International, Tatalovic joined Forton International, an alliance member of Cushman & Wakefield in 2010
