All PropertyEU Archive articles – Page 1640
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PropertyEU Archive
C&W, CBRE picked to market EUR 500m Valdebebas mall
European private equity group Doughty Hanson has appointed CBRE and Cushman & Wakefield to market its flagship retail development project in Northeastern Madrid.
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PropertyEU Archive
BNP Paribas in talks to sell 51% stake in Klépierre - report
French bank BNP Paribas is reportedly in talks to sell its 51% stake in its retail real estate investment trust Klépierre to Norway's sovereign wealth fund Norges Bank.
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PropertyEU Archive
Jeudan invests EUR 61m in Copenhagen
Danish property group Jeudan has purchased a portfolio of seven commercial and residential properties in Copenhagen for a total price of DKK 454 mln (EUR 61 mln). The vendor is shipping and real estate group Norden.
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PropertyEU Archive
Altarea picked to build Mercedes HQ in France
German car manufacturing group Mercedes-Benz has selected Altarea Cogedim Entreprise, in partnership with CFC Développement, to build its new French headquarters following a call for tenders launched in the summer of 2010.
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PropertyEU Archive
Munich pricing ‘bubble’ set to last due to sustained foreign demand
Strong demand from both local and foreign investors will continue to boost prices for residential assets in Munich, Jan-Baldem Mennicken, board member of Pramerica Real Estate International, said during an Investment Briefing in Amsterdam on Thursday hosted by PropertyEU.
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PropertyEU Archive
German secondary cities offer ‘safe haven’ for investors
Foreign investors are heading towards secondary cities in Germany in search of a ‘safe haven’, Timo Tschammler, head of DTZ in Germany, said during a panel discussion hosted by PropertyEU on Thursday.
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PropertyEU Archive
Real IS spends EUR 1b on real estate in 2011
Real IS acquired EUR 1 bn of real estate during 2011, adding properties in Germany, the Netherlands, France and Australia to its portfolio, the German closed-end property fund manager said on Wednesday.
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PropertyEU Archive
Warburg-Henderson buys Hague office for EUR 27m
UK-German joint venture Warburg-Henderson has bought Haagsche Hof, an office complex in the centre of The Hague, from IVG Institutional Funds for EUR 27mln. The building has lettable space of 11,000 m[sup]2[/sup] spread over six floors and 303 parking places.
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PropertyEU Archive
January office take-up in central London soars 38% year-on-year
Central London office take-up had a positive start to 2012 despite figures being below that of December. Nevertheless, 840,000 sq ft (78,000 m2) changed hands in January, an increase of 38% on the same time last year, according to research by global property adviser CBRE.
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PropertyEU Archive
Alstria Office REIT raises EUR 61m for German deal
Germany's Alstria Office REIT has raised nearly EUR 61 mln via a capital increase to finance the acquisition of a EUR 95 mln core-plus office portfolio in Germany. In a statement on Wednesday, Hamburg-based Alstria said it has placed over 7 million ordinary shares at a price of EUR 8.5 ...
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PropertyEU Archive
Acquisitions boost profits at Alstria Office REIT
Germany's Alstria Office REIT posted higher than expected results in 2011 mainly due to EUR 169 mln worth of acquisitions including the EUR 85 mln purchase of offices from Vastned O/I. The Hamburg-based real estate investment trust posted total revenues of nearly EUR 91 mln last year, up 1.9% on ...
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PropertyEU Archive
WP Carey to convert to a REIT for scale advantages
Global real estate investment manager WP Carey is to convert to a real estate investment trust and merge with its existing REIT affiliate CPA:15. The REIT will be called W P Carey Inc.
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PropertyEU Archive
CBRE starts up Irish debt advisory arm
CBRE has launched a new debt advisory team in Ireland to assist banks making real estate loan sales as they look to reduce their exposure to property.
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PropertyEU Archive
Cordea Savills appoints Luxembourg boss
International property investment manager Cordea Savills has appointed Lorna Mackie to head its Luxembourg operations. Mackie will be responsible for fund corporate activities with special focus on the company's Luxembourg-domiciled funds and business entities, and continental European subsidiaries.
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PropertyEU Archive
Austerity measures dampen Madrid office market: Savills
Madrid's office investment market may have seen an ‘unbeatable’ start to 2012 following the EUR 400 mln sale of Torre Picasso, but the transaction will not set a precedent for the year ahead, property consultancy Savills has said in a report on the Spanish market.
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PropertyEU Archive
Poland leads rising demand for modern industrial space in Central Europe
Demand for modern industrial premises in Central Europe continues to grow, according to new figures from Cushman & Wakefield. In 2011, more than 3.2 million m[sup]2[/sup] of industrial stock was leased in the region, beating the previous record set in 2008.
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PropertyEU Archive
AXA seals 175,000 m[sup]2[/sup] French office lettings in 2011
AXA Real Estate signed 96 leases representing a total of 175,000 m[sup]2[/sup] of space across its French office portfolio in 2011. This is a 23% increase on the total of 142,000 m[sup]2[/sup] of lettings in 2010.
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PropertyEU Archive
BNP Paribas RE to launch record 250,000m[sup]2[/sup] of office development
BNP Paribas Real Estate is launching 250,000 m[sup]2[/sup] of office development in 2012, a recorded compared with the annual average of 100,000 m[sup]2[/sup] over the last 10 years. The international real estate advisory arm of French banking group BNP Paribas said that 206,000 m[sup]2[/sup] of offices was delivered in 2011.
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PropertyEU Archive
Multi Mall Management celebrates 2 billion visitor milestone
Multi Mall Management (MMM) has celebrated reaching the two billion footfall milestone across its 46 shopping centres in eight European countries. The figures corresponds to 30% of the world's population, or the entire population of China and Europe.
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PropertyEU Archive
Segro prepares ground for 20 new developments
UK industrial property REIT Segro has 20 developments under way or contracted as part of its strategy of reshaping its European portfolio.


