All PropertyEU Archive articles 鈥� Page 1641
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PropertyEU Archive
Aareal cautious on 2012 after 38% rise in profits
Aareal Bank Group saw consolidated operating profit rise 38% to EUR 185 mln in 2011 compared to the previous year after a 17% increase in fourth-quarter operating profit. Full-year net income doubled to EUR 93 mln.
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PropertyEU Archive
RBS gives EUR 47m boost to Kwit Fit landlord
The RBS Real Estate Finance team in Scotland is providing a 拢39 mln (EUR 47 mln) funding facility to support the expansion of the fast-fit tyre business Kwik Fit in the UK. The lender agreed to provide the facility to GE Prem KF, a joint venture real estate investment vehicle ...
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PropertyEU Archive
Income tops the priority list for most property investors: Aviva
Investment professionals have noted an increased focus on income among clients across most asset classes, according to a recent survey conducted by Aviva Investors' multi-manager team. The results show that 83& of real estate managers believe clients are more focused on income today than they were previously, followed by 71% ...
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PropertyEU Archive
Bernhard Kraus joins management at Union Investment Institutional Property
Bernhard Kraus has joined the management team at Union Investment Institutional Property. He is responsible for securities transactions as part of pooled real estate solutions. In addition to his new role, Kraus is a director of Frankfurt-based sister company Union Investment Institutional, a position he has held since 2008 and ...
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PropertyEU Archive
Housing co-op takes over Oslo-listed developer
Cooperative housing association Oslo Bolig- og Sparelags' (OBOS) is launching a mandatory offer to acquire the 8% of shares it does not already own in Oslo-listed property company Fornebu Utvikling (FBU).
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PropertyEU Archive
Most investors unclear on sustainability criteria: research
Optimising lifecycle costs is becoming more important but only one in five European real estate investors feel there are clear evaluation criteria for sustainable buildings in their respective countries, according to research carried out by German proeprty company Union Investment.
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PropertyEU Archive
HB Reavis gets financing for Slovakian office project
CEE developer HB Reavis has secured EUR 12 mln bank financing from Tatra banka for its office building project Aupark Tower in the Slovakian city of Ko拧ice. The financing was granted for a term of four years.
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PropertyEU Archive
E&Y takes extra 10,000 m[sup]2[/sup] in Moscow's Avrora
International advisory firm Ernst & Young has taken an additional 10,000 m[sup]2[/sup] in the Avrora business park in Moscow, bringing the total office space it occupies in the complex to nearly 30,000 m[sup]2[/sup].
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PropertyEU Archive
Valad leases 17,000 m[sup]2[/sup] in Copenhagen
European real estate investment manager Valad has completed five lettings totalling 17,215 m[sup]2[/sup] at Copenhagen Business Park in Denmark on behalf of the V+ Nordic Fund.
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PropertyEU Archive
D&R buys German retail portfolio for EUR 150m
Dutch privately-held property company D&R Investments has acquired a portfolio of seven retail assets in Germany from D眉sseldorf-based developer Centrum. The transaction price is said to amount to around EUR 150 mln.
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PropertyEU Archive
Segro offloads 3 UK industrial assets for EUR 73m
UK industrial REIT Segro has divested three multi-let industrial park assets to the UK Commercial Property Trust Limited, managed by Ignis Asset Management, for a total of 拢60.5 (EUR 73 mln), reflecting a net initial yield of 7.34%.
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PropertyEU Archive
Green Rating Alliance elects Hendrikse as chairman
Pieter Hendrikse, CEO of CBRE Global Investors EMEA, has been elected chairman of the Green Rating Alliance for 2012, succeeding Pierre Vaquier, CEO of AXA Real Estate.
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PropertyEU Archive
BNP Paribas appoints Nicolas Becker as deputy CFO
BNP Paribas Real Estate has announced the appointment of Nicolas Becker as new deputy Chief Financial Officer.
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PropertyEU Archive
Henderson to redevelop Birmingham office tower
Henderson Global Investors has submitted a planning application for the redevelopment of a landmark office tower in Birmingham into housing units.
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PropertyEU Archive
Qatar's SWF buys Credit Suisse's London HQ
Qatar Investment Authority, the country's sovereign wealth fund, has confirmed the purchase of Credit Suisse's London headquarters at One Cabot Square in Canary Wharf, London. Although financial details were not disclosed, the deal price is understood to amount to some EUR 400 mln.
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PropertyEU Archive
ECE T眉rkiye, Carrefour expand Maltepe park in Istanbul
ECE T眉rkiye, the Turkish arm of German retail specialist ECE Projektmanagement, and retail group CarrefourSA have announced plans to nearly double the size of their CarrefourSA Maltepe Park in Istanbul. The planned investment cost was not disclosed.
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PropertyEU Archive
C&W names new head of industrial in Slovakia
Cushman & Wakefield has promoted Martin Balaz to the post of head of the Industrial and Retail Warehouse team in Slovakia. Balaz joined C&W's Bratislava office in 2008.
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PropertyEU Archive
AXA Real Estate, MGPA start construction of EUR 138m London scheme
A partnership of AXA Real Estate Investment Managers and private equity real estate investment advisory company MGPA has appointed Skanska to commence construction on 6 Bevis Marks, the major new 170,000 sq ft (16,000 m2) office development in the City of London.
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PropertyEU Archive
Retail makes up half of German property investment in 2011
Retail was the most popular real estate segment with investors in Germany last year, accounting for seven of the 10 largest deals in 2011. All told, retail made up almost half of the aggregate German volume of more than EUR 23 bn last year.
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PropertyEU Archive
Corio to sell off EUR 670m of non-core assets in 2012
Dutch listed property group Corio will focus on accelerating its disposal programme in 2012, with sales planned to increase five-fold this year to help finance a EUR 2.5 bn development pipeline.
