All PropertyEU Archive articles 鈥� Page 1619
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PropertyEU Archive
European retail property volumes fall 60% in Q1
European retail real estate volumes during the first three months of 2012 fell 60% compared with the same period the year before, according to Jones Lang LaSalle.
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PropertyEU Archive
CEE sees lowest investment volumes since 2009: CBRE
Commercial property investment volumes in Central and Eastern Europe (CEE) amounted to EUR 900 mln during the first quarter of 2012 (Q1 2012) - the lowest volume seen since Q3 2009 - according to the latest data from CBRE.
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PropertyEU Archive
Buyers and sellers remain far apart in CEE
A number of vendors in Central and Eastern Europe (CEE) are steering clear of openly marketing their assets because they are not sure they will sell, according to Andreas Ridder, head of CEE at CBRE.
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PropertyEU Archive
Cordea Savills appoints new UK head for separate mandates unit
Cordea Savills, the international property investment manager, has appointed John Claxon as a director of investment to lead the company's expansion of its UK segregated mandate business.
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PropertyEU Archive
Sj忙ls酶鈥檚 CFO Torben Black steps down
Danish listed property firm Sj忙ls酶 said its Chief Financial Officer Torben Black will be stepping down in the autumn. Black leaves Sj忙ls酶 at his own wish in order to move on to new challenges.
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PropertyEU Archive
Dublin hit by scarcity of large grade A buildings
Only six office buildings of over 7,000 m[sup]2[/sup] are available in central Dublin for occupiers looking for a large office space, according to property consultants CBRE latest Dublin Offices Vacancy Map.
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PropertyEU Archive
CBRE expands services in the Netherlands
CBRE has opened a new office in Houten, Netherlands, servicing the Utrecht region. The office was formerly the headquarters of SCM Europe, the shopping centre management specialist, which was acquired by CBRE in 2011.
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PropertyEU Archive
Noteholders go with Patron/TPG option for Uni-Invest CMBS
Senior noteholders in Europe's first commercial mortgage-backed securities (CMBS) to default on maturity have backed a workout option proposed by private equity groups TPG Capital and Patron Capital Partners.
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PropertyEU Archive
Hannover Leasing sells office property in Czech Republic
Cushman & Wakefield has sold the office property City Center 脠esk茅 Bud矛jovice in the Czech Republic on behalf of German closed-end fund manager Hannover Leasing.
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PropertyEU Archive
Uni-Invest welcomes outcome of noteholders' vote
Dutch property company Uni-Invest has welcomed the decision by noteholders to accept a credit bid workout option put forward by private equity groups TGP and Patron Capital Partners.
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PropertyEU Archive
Deal in Depth: KanAm generates EUR 1.2b from selling spree
KanAm Grund has found its white knight in two sovereign wealth funds from the Middle East and Asia which have splashed out hundreds of millions of euros to buy four prime real estate assets in London and Paris. In early March KanAm signed the deeds on One Exchange Square and ...
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PropertyEU Archive
Dutch investment volumes climb from 2011 low
Dutch real estate volumes have risen in the last two quarters after a downward spiral in the first nine months of 2011. PropertyEU Research recorded a volume of EUR 1.4 bn in three first three months of 2012. The result was almost on a par with the EUR 1.5 bn ...
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PropertyEU Archive
Welput sells prime Mayfair asset for EUR 202m
The West End of London Property Unit Trust (WELPUT), managed by Schroders and advised by Grafton Advisors, has signed a deal to sell the freehold interest in Stratton House, 5 Stratton Street, London W1, to a private European investor. The transaction amounts to 拢166 mln (EUR 202 mln), reflecting a ...
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PropertyEU Archive
BNP Paribas Real Estate hired to sell EUR 40m Paris office
Morgan Stanley Real Estate Investing has picked BNP Paribas Real Estate to sell an office building at Rue d'Uz猫s in Paris' second arrondissement. The scheme is held by Morgan Stanley's Eurasia open-ended investment fund.
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PropertyEU Archive
CBRE reinforces Russian office agency
CBRE has announced the appointment of Evgenia Anosova as associate director in its Russian Office Agency team. Anosova will be responsible for further developing and growing the projects portfolio as well as increasing transaction volumes for the Office Agency business.
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PropertyEU Archive
Jones Lang LaSalle appoints new Dutch CEO
Jones Lang LaSalle has announced that Eric de Clercq Zubli will step down as CEO of its Dutch operations. He will be replaced by Vincent Querton who will take up the post alongside his responsibilities as managing director for Belgium & Luxembourg.
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PropertyEU Archive
AXA Immoresidential converts to Spezialfonds status
AXA Real Estate Investment Managers said on Monday that the AXA Immoresidential real estate fund has converted from a public mutual fund to a German special fund. This is the first ever successful conversion of a German public mutual real estate fund into a Spezialfonds dedicated to institutional investors in ...
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PropertyEU Archive
Union Investment buys mixed-use complex in Berlin
Germany's Union Investment has snapped up the Rosmarin Karree office and commercial building in central Berlin for its UniImmo: Deutschland fund. Financial details were not disclosed.
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PropertyEU Archive
Bouygues wins contract to revamp Paris' Ritz hotel
French group Bouygues Construction said on Monday that it has won a EUR 140 mln contract for the refurbishment of the iconic Ritz hotel situated in the Place Vend么me in Paris.
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PropertyEU Archive
CarVal Investors makes opportunistic buy in Croydon
Global alternative investment manager CarVal Investors has announced the purchase of Prospect First, a 180,000 sq-ft (16,700 m2) vacant headquarters building in Croydon, UK from Strategic Partners UK III, a fund advised by CBRE Global Investors. Financial details were not disclosed.
