All PropertyEU Archive articles 鈥� Page 1627
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PropertyEU Archive
German CMBS maturities to almost double to EUR 14b next year
German CMBS maturities are set to almost double to EUR 14 bn next year, up from EUR 8 bn this year, Dirk Richolt, head of real estate finance at CBRE in Germany, told PropertyEU. This is likely to spark an increase in property sales out of CMBS portfolios, he added.
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PropertyEU Archive
Immofinanz buys remaining 50% in Golden Babylon
Immofinanz Group has announced it has signed an agreement for the purchase of the remaining 50% stake it does not own in the Golden Babylon Rostokino from the co-owner Patero. The Golden Babylon Rostokino mall in Moscow was developed as a joint venture with Patero, a local firm, and opened ...
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PropertyEU Archive
Madison takes 57% stake in Frankfurt's Trianon tower
US real estate investor Madison has confirmed the acquisition of the 56.9% stake held by Morgan Stanley's P2 Value fund in the Trianon office tower in Frankfurt. The sale is part of the liquidation of the P2 Value fund. Morgan Stanley Eurozone Office Fund holds the remaining stake in the ...
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PropertyEU Archive
Retail boosts rental income at Immofinanz
Vienna-listed Immofinanz group reported rental income rose 8.5% in the third quarter of the financial year ended 31 January 2012 to EUR 153.6 mln thanks to strong growth in the retail segment. However, net profit fell more than 90% quarter-on-quarter to EUR 4.3 mln due to negative, non-cash effects from ...
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PropertyEU Archive
Karmann to head Prologis business in Northern Europe
Industrial property specialist Prologis has announced the appointment of Thomas Karmann as senior vice president, regional director Northern Europe, effective from 1 June 2012. Karmann will be responsible for all operational activities in Germany, Austria, Benelux and Scandinavia and reports to Philip Dunne, Prologis' president Europe.
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PropertyEU Archive
Is CEE set for a new gold rush?
Real estate in Central and Eastern Europe will remain high on cross-border investors' shopping lists in 2012, according to CBRE's Investors Intentions report.
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PropertyEU Archive
DIC sells part of Opera complex in Hamburg to pension fund
Frankfurt-based real estate group DIC has sold the listed Opera Offices Klassik section of the Opera Offices complex in Hamburg to a Northern German pension fund in a forward-purchase transaction.
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PropertyEU Archive
MOOD Stockholm opens to the public
AMF Fastigheter, the property investment and development arm of one of Sweden鈥檚 biggest pension funds AMF, has opened MOOD Stockholm, the first new retail development in the Swedish capital in over 20 years.
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PropertyEU Archive
Goodman to develop 22,000 m[sup]2[/sup] facility in Prague
Goodman Group will develop a 22,000 m[sup]2[/sup] pre-committed facility for SAS Autosystemtechnik in Mlada Boleslav, north-east of Prague.
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PropertyEU Archive
8GCP, HSP form CEE hotel workout JV
Private equity real estate and advisory firm 8G Capital Partners is joining forces with UK hotel consultancy specialist Hotel Solutions Partnership to launch a platform aimed at offering support for hotel and leisure workouts in Central and South Eastern Europe.
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PropertyEU Archive
MSREI to acquire UK loan portfolio from NAMA
Morgan Stanley Real Estate Investing (MSREI) announced the acquisition on Friday of a portfolio of loans in the UK from National Asset Management Agency (NAMA).
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PropertyEU Archive
Cofinimmo chief Fautre leaves to head AG Real Estate
Cofinimmo's Chief Executive Serge Fautr茅 has resigned to head AG Real Estate, a unit of Belgian insurer Ageas formerly known as Fortis Real Estate.
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PropertyEU Archive
Benson Elliot snaps up distressed German resi portfolio
Benson Elliot Capital Management, the UK-based private equity real estate fund manager, has exchanged contracts with a number of subsidiaries of Speymill Deutsche Immobilien Company (SDIC), to acquire the Tor residential portfolio on behalf of Benson Elliot Real Estate Partners III. Financial details were not disclosed.
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PropertyEU Archive
Scarcity of debt is the biggest threat to recovery: CBRE
A shortage of debt finance is seen as the single biggest threat to the recovery of the property market in Europe in 2012, according to the latest research by global property adviser CBRE.
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PropertyEU Archive
Bolt Partners expands healthcare property team
Turnaround consultancy and asset management firm Bolt Partners has announced the expansion of its senior team with two new appointments.
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PropertyEU Archive
Schroders, LGP prepare Phase II of Bracknell project
The Bracknell Regeneration Partnership (BRP), a 50:50 joint venture between Schroders and Legal & General Property, has appointed London creative agency, Bostock and Pollitt, and independent construction and property consultancy, Gardiner & Theobald, to help pave the way for the next phase of Bracknell Town Centre鈥檚 major regeneration.
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PropertyEU Archive
European cities lack real estate overview: Deloitte
With a few exceptions, European cities lack a clear overview of their real estate activities and their management of public properties is extremely fragmented. This is hampering their strategic planning processes at a time when many cities are looking to dispose of real estate as a way of cutting costs. ...
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PropertyEU Archive
Skanska launches Phase II of Green Horizon in 拢贸d鸥
Swedish construction and property group Skanska has announced the start of the second phase of the Green Horizon office investment in 拢贸d鸥, Poland.
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PropertyEU Archive
WDP expands Dutch portfolio with EUR 105m buy
Closed-end real-estate investment company Warehouses De Pauw (WDP) has concluded a binding agreement to acquire the Lake Side Portfolio from an unnamed Dutch private construction company. The deal amounts to a total of EUR 105 mln, reflecting an initial rental yield of 7.8%.
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PropertyEU Archive
Value Retail seals EUR 120m refinancing in Barcelona
Value Retail has secured a EUR 120 mln refinancing for its La Roca Village outlet centre in Barcelona, Spain.
