All PropertyEU Archive articles – Page 1625
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PropertyEU Archive
Hercules JV signs EUR 180m refinancing
The Gibraltar Limited Partnership, a 50-50 joint venture between the Hercules Unit Trust and the Crown Estate, has agreed a new £150 mln (EUR 180 mln) five year loan facility with Deutsche Pfandbriefbank and Helaba Landesbank Hessen-Thüringen Girozentrale.
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PropertyEU Archive
JP Morgan arranged finance for EUR 425m Philips deal
Investment bank JP Morgan arranged the finance for the EUR 425 mln deal involving the sale of electronic group Phlips' High Tech Campus in Eindhoven to a private investor consortium, PropertyEU has learned.
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PropertyEU Archive
Catalan government seals EUR 52m sale in Barcelona
The Catalan government has clinched a EUR 52 mln sale-and-leaseback deal for its Territory and Sustainability department headquarters in Barcelona.
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PropertyEU Archive
De Vreede joins Prologis as new Europe finance boss
Global industrial real estate group Prologis has announced the appointment of Dennis de Vreede as senior vice president and European finance director.
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PropertyEU Archive
IVG sells in Brussels to Korean family office
IVG Institutional Funds has confirmed the sale of the Avenue des Arts 53 building located in the Leopold District to a Korean family office, NXMH. The sale represents one of the first institutional office deals in Brussels for 2012, the company said. The deal price amounted to EUR 16 mln.
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PropertyEU Archive
PPHE buys remaining stake in Dutch hotel portfolio
PPHE Hotel Group has agreed to acquire the remaining 50% interests in three hotels in Amsterdam and one in Utrecht from a subsidiary of Elbit Imaging Limited for a total of EUR 26.5 mln.
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PropertyEU Archive
Property landlords need to heed wider social impact: Corio
Property landlords need to pay more attention to the social and environmental repercussions of the products they develop, according to Lara Muller, head of Corporate Social Responsibility at Dutch listed retail specialist Corio. ‘The social component is growing in importance and the challenge is to show what value a building ...
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PropertyEU Archive
Mezz funds need to curb return demands in the Nordics
New mezzanine finance funds targeting the Nordics to take advantage of tight bank financing may find their return expectations make them too expensive, panellists told PropertyEU's Investment Briefing on the Nordic markets in London last week.
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PropertyEU Archive
US listed market points way for specialist real estate
Institutional investors can play a key role in bringing new niche real estate markets such as senior housing, healthcare and education to maturity, according to Maarten Vermeulen, Director Europe at Composition Capital Partners. Strong demographic trends in the healthcare and student housing markets made these segments particularly attractive, he noted.
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PropertyEU Archive
Skanska reveals growth plan in Poland
Swedish construction and property group Skanska has unveiled a 116,000 m[sup]2[/sup] development pipeline in Poland as part of an 'anti-cycle strategy'.
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PropertyEU Archive
RREEF snaps up London's Park House for EUR 180m
RREEF Real Estate, the real estate investment management business of Deutsche Bank's Asset Management division, said on Thursday that it has acquired Park House at Finsbury Circus in London on behalf of one of its German open-ended funds, Grundbesitz Europa, for £150 mln (EUR 180 mln). The seller is investment ...
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PropertyEU Archive
German index posts record returns in 2011: IPD
The total return before tax and financing for all German properties reached a record level of 5.5% in 2011, according to the latest research from the Investment Property Databank.
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PropertyEU Archive
Land Secs divests London mixed-use scheme for EUR 280m
UK REIT Land Securities has exchanged contracts to sell its Arundel Great Court mixed-use development site overlooking the Thames for a headline price of £234 mln (EUR 280 mln). The buyer is Waterway PCP Properties, a Dubai-based private equity group fronted by Amanda Staveley.
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PropertyEU Archive
Philips confirms sale of High Tech Campus for EUR 425m
Dutch electronics group Philips has sold its High Tech Campus in the city of Eindhoven to a consortium led by private investor Marcel Boekhoorn for EUR 425 mln, the two parties confirmed on Thursday. The deal is the biggest single-asset property transaction ever to be closed in the Netherlands.
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PropertyEU Archive
HSH places EUR 500m mortgage bond
HSH Nordbank has placed a benchmark five-year mortgage pfandbrief to the tune of EUR 500 mln and bearing a coupon of 1.875%.
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PropertyEU Archive
Eurohypo set to be wound down following EU agreement
Commerzbank, Germany’s second-largest bank by assets, is expected to wind down rather than sell its troubled property lending arm Eurohypo following an agreement with the European Commission.
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PropertyEU Archive
Assura names British Land finance boss as CEO
UK's primary healthcare property company Assura has appointed Graham Roberts as its new chief executive officer. Roberts joins from UK REIT British Land where he has held the post of finance director for the past 10 years, overseeing £21 bn of investment and development transactions.
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PropertyEU Archive
Investors urged to cast net wider in CEE
Cross-border investors should consider opportunities in other markets in Central and Eastern Europe rather than focus exclusively on Poland and the Czech Republic, according to Andreas Ridder, chairman for CBRE in the CEE region.
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PropertyEU Archive
Colliers International UK unit has 'a skip in its step'
Colliers International UK unit has 'a skip in its step' following the acquisition by Toronto-based FirstService Corporation, the company’s CEO Tony Horrell told PropertyEU.
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PropertyEU Archive
Hines disposes of mixed-use scheme in Stuttgart
Germany's state-owned Baden-Württemberg-Stiftung foundation has acquired the Postquartier mixed-use development project in Stuttgart from US developer-investor Hines. According to a news report in Immobilienbrief Stuttgart, the deal price is between EUR 130 and 140 mln.


