All PropertyEU Archive articles – Page 1636
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PropertyEU Archive
Local Shopping, Schroders launch EUR 70m retail fund
London-listed Local Shopping REIT has joined forces with UK investment manager Schroders to create a £60 mln (EUR 72 mln) unlisted fund to invest in convenience store properties in the UK.
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PropertyEU Archive
Ardstone re-enters UK and German markets
Ardstone Capital is looking to selectively re-enter the real estate markets in the UK and Germany after recent sales of assets in London and Brussels.
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PropertyEU Archive
Russian businesswoman snaps up Dublin's Morrison hotel
Beneco Privatstiftung, a Vienna-based company controlled by Russian businesswoman Elena Baturina, has acquired one of Dublin's best-known hotels, the Morrison Hotel for a price of EUR 22 mln.
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PropertyEU Archive
Helaba finances Rockspring shopping centre in Poland
German bank Helaba is providing a loan of EUR 51 mln to Rockspring Property Investment Managers LLP to finance the acquisition of the Alfa Centrum shopping centre in the city of Olsztyn in northeastern Poland. Helaba is the sole arranger, lender and agent for this transaction, operating through its Northern ...
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PropertyEU Archive
PropertyEU launches City Leaders website
PropertyEU is launching www.cityleaders.info, a new online platform focusing on European city development, at MIPIM on March 6.
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PropertyEU Archive
London tops European retail destination index
London attracts the largest number of international retailers across Europe, followed by Paris and Moscow, according to Jones Lang LaSalle’s index of the top 10 most attractive European retail destinations. The index is based on an analysis of 150 leading international retailers within 55 European markets.
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PropertyEU Archive
Hammerson divests Paris mixed-use asset for EUR 165m
UK REIT Hammerson has exchanged contracts to sell the freehold for 54-60 rue du Faubourg Saint-Honoré in Paris’ eighth arrondissement to Swedish investor Ramsbury for EUR 165 mln, slightly above its December 2011 book value.
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PropertyEU Archive
Niam seals EUR 170m office disposal in Norway
Nordic private equity group Niam has signed a binding agreement to dispose of the Pirsenteret office property to E.C. Dahls Eiendom, a subsidiary of Reitan Eiendom. Although the financial details were not disclosed, Swedish press reports put the deal price at around SEK 1.5 bn (EUR 170 mln).
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PropertyEU Archive
Nordic fund posts 5.4% return in 2011
The IPD Nordic Property Fund Index showed a return of 5.4% to Nordic real estate funds over 2011, well down on the 10.6% delivered in 2010, but much better than the five-year average, which was marginally negative at -0.2% per year.
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PropertyEU Archive
Deutsche Pfandbriefbank grants EUR 29m loan in Spain
German lender pbb Deutsche Pfandbriefbank has provided a EUR 29 mln loan to support the acquisition of Abadia retail park in Toledo, Spain, by a pan-European property fund managed by Rockspring.
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PropertyEU Archive
C&W expands European debt advisory team
Cushman & Wakefield has appointed Federico Montero as a partner within the debt advisory arm of its EMEA Corporate Finance team in London.
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PropertyEU Archive
Italy's Assoimmobiliare and Federimmobiliare join EPF
The European Property Federation has announced the addition of Italy's leading real estate associations Assoimmobiliare and Federimmobiliare to its members' list.
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PropertyEU Archive
Benson Elliot recruits SocGen's director
James Jakeman, the former Lehman Brothers director who moved to Société Générale last September, has joined private equity firm Benson Elliot Capital Management following the suspension by the French lender of its property financing activities.
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PropertyEU Archive
European stocks remain broadly flat in February: GPR
European real estate stocks - as represented in the GPR 250 Europe Index - remained broadly flat in February, closing the month 0.4% higher than January.
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PropertyEU Archive
CBRE Hotels to sell Croydon Park hotel
CBRE Hotels EMEA has been appointed to sell the Croydon Park hotel - a four-star standard, freehold asset occupying a centrally-located site in Croydon, with good access to central London. The broker did not disclose a guiding price for the asset.
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PropertyEU Archive
Henderson makes real estate debt hire
Henderson Global Investors has hired John Feeney as head of real estate debt in its secured credit team. He will work closely with Henderson’s property business as well as the fixed income team to drive business growth in real estate debt as traditional lenders retreat from the market.
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PropertyEU Archive
ICSC Europe names Morrissey as managing director
The International Council of Shopping Centers (ICSC) announced on Friday that it has hired Michael Morrissey as managing director of ICSC Europe.
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PropertyEU Archive
Redevco names portfolio manager in Switzerland
Dutch private retail property group Redevco announced the appointment on Friday of Christopher Sodl as portfolio manager for its Swiss operations.
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PropertyEU Archive
AXA Real Estate raises EUR 118m for Caesar Fund
AXA Real Estate Investment Managers has announced the launch of the Caesar Fund, after raising EUR 118 mln from Italian institutional investors at first close.
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PropertyEU Archive
Immochan to invest EUR 120m in Paris project
Immochan, the property development arm of French hypermarket chain Auchan, is planning to invest some EUR 120 mln in the development of a new retail centre in Eastern Paris, Les Saisons de Meaux.


