All PropertyEU Archive articles 鈥� Page 1616
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PropertyEU Archive
FdM agrees portfolio sale to BNP Paribas REIM
Fonci猫re des Murs, the hospitality arm of French REIT Fonci猫re des R茅gions, has signed a preliminary agreement to sell a healthcare property portfolio to the Health Property Fund I, managed by BNP Paribas REIM. The transaction price amounted to EUR 68 mln.
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PropertyEU Archive
Peakside gears for Polish asset disposals
Independent real estate investment firm Peakside is gearing up to start selling EUR 600 mln of assets owned by its new Polish platform over the next few years.
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PropertyEU Archive
Cofinimmo's new French care home REIT buys first asset
Brussels-listed real estate investment trust (REIT) Cofinimmo has announced the acquisition of a care home in Paris for just under EUR 21 mln.
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PropertyEU Archive
INREV reshuffles management board
The European Association for Investors in Non-listed Real Estate Vehicles (INREV) has appointed two new members to its Management Board.
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PropertyEU Archive
Non-listed funds suffer sharp drop in performance and capital raising
Non-listed real estate funds witnessed a sharp drop in performance and the level of capital raised in 2011, according to new reports issued by the European sector organisation INREV.
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PropertyEU Archive
Department stores must reinvent to survive
Department stores need to reinvent themselves to survive, according to some 75% of delegates at the annual ICSC European Conference in Berlin this week. Only 5% of the 550 conference delegates thought the existing format could be sustained.
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PropertyEU Archive
European retailers lag in global ranking
American retailers are by far the most global, according to the 2012 edition of CBRE's annual global retail report 'How Global is the Business of Retail?' Almost three quarters (73%) of those surveyed are present in all three regions, compared with 44% of EMEA-based retailers and 23% of retailers from ...
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PropertyEU Archive
ABN Amro and NSI launch office refurbishment competition
Dutch bank ABN Amro Real Estate Finance and Amsterdam-listed real estate company NSI have launched a competition to collect ideas from market professionals on the redevelopment and/or repositioning of vacant office buildings in the Netherlands. The bank and NSI will assist the three winners to draw up a feasibility plan ...
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PropertyEU Archive
Groupama, Acofi poised to launch debt fund
French insurance group Groupama has announced that its asset management arm is joining forces with institutional fund manager Acofi to launch a debt plaform aimed at lending to the debt-starved real estate sector.
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PropertyEU Archive
Standard Life acquires multi-let office in Cheltenham
Standard Life Investments Property Income Trust has exchanged contracts for the purchase of St James鈥檚 House in Cheltenham with completion due on Wednesday.
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PropertyEU Archive
St. Modwen closes Uxbridge land acquisition
UK regeneration specialist St. Modwen Properties said on Tuesday that its joint venture with Vinci, VSM Estates, has completed the acquisition of RAF Uxbridge from the Ministry of Defence as part of the MoDEL redevelopment project, which VSM Estates was awarded in August 2006.
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PropertyEU Archive
Eurazeo mulls sale of ANF Immobilier stake
Eurazeo, the majority owner of France's listed ANF Immobilier, is considering the sale of its interest in the Paris-based real estate unit after receiving several unsolicited expressions of interest from unidentified investors.
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PropertyEU Archive
Riabokobylko to head C&W's Russian business
Sergey Riabokobylko has been appointed as general director of Cushman & Wakefield's Moscow office with effect from 1 June. Riabokobylko was senior executive director, partner and co-founder of Stiles & Riabokobylko which was acquired by Cushman & Wakefield in 2005.
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PropertyEU Archive
Deleveraging will slow European investment growth: DTZ
New European banking regulations are expected to force further deleveraging in the real estate sector and will increase the existing debt funding gap across key European markets, according to DTZ's new edition of its Money into Property 2012 Europe report.
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PropertyEU Archive
Helios Europe opens new office in Dusseldorf
Logistics property investor and developer Helios Europe is continuing its expansion drive in Germany with the appointment of a key executive and the opening of a new office in Dusseldorf. The company has appointed Andr茅 Banschus as country manager Germany.
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PropertyEU Archive
Four heavyweigths join forces in Marseille's Euromed
French insurance group Predica and office firm Fonci猫re des R茅gions have mandated construction companies Cr茅dit Agricole Immobilier and Altarea Cogedim to develop the Euromed Center, a new mixed-use district to be built in Marseille as part of the regeneration of the city's port area.
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PropertyEU Archive
Orco makes strides in restructuring
CEE-focused Orco Property Group (OPG) and its subsidiary Orco Germany (OG) have reached debt-restructuring agreements with bondholders. They entered into an agreement in mid April with bondholders representing a third of OPG's bonds and 61% of Orco Germany's bonds in terms of nominal value.
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PropertyEU Archive
AFI Development to deliver 78,000m[sup]2[/sup] business centre in Moscow
AFI Development has appointed Cushman & Wakefield as the leasing and sale agent for its business centre 'Aquamarine III' in Moscow. Aquamarine III will provide 78 000 m[sup]2[/sup] of multifunctional space at the Ozerkovskaya embankment in Moscow.
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PropertyEU Archive
German retailer acquires Moscow land plot for EUR 19m
Private German retailer Globus has acquired a land plot in the Moscow region for RUB 755 mln (EUR 19 mln). Located on a former industrial area in Korolyov, the land totals 11.2 hectare where Globus is planning to build a hypermarket.
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PropertyEU Archive
British Land sells 5 racquet clubs to institutional investors
UK REIT British Land has sold five of the Virgin Active racquet clubs to three institutional investors. The disposal price of 拢33 mln (EUR 40 mln) reflects an average net initial yield of 6.5%.
