All PropertyEU Archive articles 鈥� Page 1626
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PropertyEU Archive
Multi targets mid-sized towns in Germany
Multi Development is targeting more mid-sized cities in Germany for new retail projects, Herman Kok, international research director, told journalists at the opening of the company's new Arneken Galerie in Hildesheim on Thursday. The company already has five projects under development in the largest market in Continental Europe and is ...
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PropertyEU Archive
Patrizia targets AUM of EUR 10b by 2015
Listed German property company Patrizia Immobilien aims to increase its assets under management to over EUR 10 bn by 2015, after coming close to the EUR 7 bn mark earlier this year following the EUR 1.4 bn residential deal with German bank LBBW.
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PropertyEU Archive
IVG eyes turnaround after EUR 126m loss in 2011
Listed German property firm IVG Immobilien on Wednesday reported a net loss of EUR 126 mln for the financial year 2011, following a number of significant impairment write-downs and major acquisitions.
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PropertyEU Archive
Canada's FirstService acquires Colliers UK
Colliers International UK will in future operate as a wholly owned subsidiary of Canada's FirstService Corporation, the company announced on Wednesday. In addition, FirstService will assume the UK ownership interests in Ireland and Spain. FirstService now owns almost 90% of Colliers International by revenue globally.
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PropertyEU Archive
Tristan and AEW snap up Leipzig complex
London-based investment manager Tristan Capital Partners has teamed up with AEW Europe and German investment manager Caleus to acquire the 26,500 m[sup]2[/sup] 鈥楩orum am Bruhl鈥� office complex in Leipzig. The property was bought from RREEF. Financial details were not disclosed.
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PropertyEU Archive
Polish market maintains investor appeal: IVG
New research from German property company IVG shows that Poland remains highly favoured among international investors and is set to increasingly outperform its Central European neighbours.
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PropertyEU Archive
Arneken Galerie in Hildesheim opens to the public
Multi Development opened the Arneken Galerie shopping centre in the northern German city of Hildesheim on Thursday, just a week after inaugurating the Forum Nova Karolina mall in the Czech city of Ostrava.
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PropertyEU Archive
CBRE to market Malmo's Turning Torso tower
Property advisor CBRE has been appointed to manage the sale of Europe's second-tallest residential building, the Turning Torso in the Swedish city of Malmo.
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PropertyEU Archive
Peter Denton to chair real estate finance council
Peter Denton has been named chair-elect of the CRE Finance Council Europe, a trade association dedicated to promoting the strength and liquidity of commercial real estate finance in Europe. Denton will begin his term as chair-elect immediately before taking up the position of chairman for a two-year term from November ...
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PropertyEU Archive
Office take-up slips as confidence declines: JLL
Office take-up across Europe fell by 2% to around 2.9 million m[sup]2[/sup] in the final quarter of 2011, according to a new report by Jones Lang LaSalle. The figure marked a decline of 9% on the year-earlier period, the adviser said, due to subsiding corporate confidence and increasing uncertainty during ...
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PropertyEU Archive
AXA signs 113,000m[sup]2[/sup] of leases in Spain
AXA Real Estate signed 68 leases in Spain on behalf of its clients in 2011, representing a total of 113,350 m[sup]2[/sup] of space across its Spanish portfolio. This marks an increase of around 90% on 2010, when 60,855 m[sup]2[/sup] of space was let across 42 leases. Of the 68 lettings ...
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PropertyEU Archive
St Modwen, Vinci win EUR 2.4b London redevelopment contract
A joint venture between UK regeneration specialist St Modwen and French property and construction group Vinci has won the GBP 2 bn (EUR 2.4 bn) contract to redevelop London鈥檚 New Covent Garden Market. The joint venture, VSM Estates, was named as preferred bidder by the Covent Garden Market Authority, with ...
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PropertyEU Archive
Rockspring JV commences EUR 20m office development
London-based fund manager Rockspring Property Investment Managers and its development partner Exton Estates have begun work on the construction of a major new office complex in the southeastern UK town of Staines.
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PropertyEU Archive
Paris overtakes London for investment in 2011: CBRE
Paris has overtaken London as Europe鈥檚 biggest real estate investment market, according to new figures released by property adviser CBRE on Tuesday. Investment in the French capital reached EUR 7.9 bn in the second half of 2011, up from the EUR 3.6 bn recorded in the first half of the ...
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PropertyEU Archive
Investor sentiment shifts to Asia: INREV
Investors in non-listed real estate funds are set to allocate increasing amounts of their resources to Asia at the expense of vehicles based in Europe, according to new research from INREV, the European association for investors in non-listed real estate funds.
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PropertyEU Archive
JLL wins mandate to manage AXA portfolio in Slovakia
Property adviser Jones Lang LaSalle (JLL) has won a mandate to manage a portfolio comprising four logistics properties in Slovakia on behalf of AXA Real Estate.
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PropertyEU Archive
Invesco buys Eindhoven Holiday Inn for hotel fund
Global investment manager Invesco Real Estate (IRE), has bought the Holiday Inn in the Dutch city of Eindhoven for EUR 22.5 mln in a sale-and-leaseback deal with Hampshire Hospitality.
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PropertyEU Archive
Invesco RE snaps up London office for German fund
Global investment manager Invesco Real Estate (IRE) has acquired a GBP 124 mln (EUR 144 mln) mixed-use complex in the City of London on behalf of a fund owned by Germany鈥檚 largest public pension fund Bayerische Versorgungskammer (BVK). The property at 107 Cheapside was acquired on behalf of the iii-BVK ...
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PropertyEU Archive
Ghelamco readies office sales in Warsaw
Ghelamco Poland, one of the largest property developers in Central and Eastern Europe, is gearing up to sell two of its office projects in Warsaw. Ghelamco Poland managing director Jeroen van der Toolen told PropertyEU that the Senator and Mokotow Nova schemes are being commercialised and are ready for sale.
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PropertyEU Archive
TAG acquires 25,000 residential units in Germany
Listed German property firm TAG Immobilien is acquiring Deutsche Kreditbank's residential property arm DKB Immobilien in a deal involving EUR 160 mln of equity, the companies said in a statement on Monday.
