All PropertyEU Archive articles 鈥� Page 1644
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PropertyEU Archive
Deka sells Milan office for EUR 45m
Inarcassa RE, an Italian fund managed by Fabrica Immobiliare on behalf of institutional investors, has acquired an office property in Milan for EUR 45.5 mln. The vendor was German fund manager Deka Immobilien.
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PropertyEU Archive
KGAL invests EUR 90m in Pasinger Hofg盲rten
German asset manager KGAL has acquired the Pasinger Hofg盲rten mixed-use complex in Munich in a club deal on behalf of a group of like-minded investors. The total fund investment volume - made up entirely of equity capital - was EUR 90 mln.
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PropertyEU Archive
Amundi acquires office property in Paris
Real estate fund management firm Amundi Immobilier has acquired the Olympique office building in the 13th arrondissement of Paris from private equity real estate firm Benson Elliot Capital Management and G茅n茅rale Continentale Investissements (GCI).
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PropertyEU Archive
Cornerstone names new European CEO
Cornerstone Real Estate Advisers has announced the appointment of Charles Weeks as its new European Chief Executive Officer (CEO). Following an orderly transition, Weeks will replace Iain Reid in the middle of March, when Reid will retire from Cornerstone Europe.
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PropertyEU Archive
German investors driven more by security than returns: survey
German investors are basing their investment decisions more on the degree of security offered by a market than ever before, with returns and liquidity lagging well behind as motives, according to Union Investment's latest investment climate survey.
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PropertyEU Archive
Cofinimmo beats own expectations in 2011
Belgian listed property group Cofinimmo posted a net result per share of EUR 7.45 in 2011 and said it expects to deliver a similar result in 2012.
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PropertyEU Archive
PEPR to focus on further deleveraging in 2012
Prologis European Properties (PEPR) plans to improve its credit rating in 2012 through further deleveraging, the Amsterdam-listed distribution space specialist said at the announcement of its 2011 results this week.
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PropertyEU Archive
Metlife, Deka JV funds 拢315m UK logistics purchase
MetLife's Metropolitan Life Insurance Company arm has teamed up with DekaBank to fund the acquisition of the UK Logistics Fund (UKLF).
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PropertyEU Archive
IVG, Garbe launch EUR 400m logistics fund
IVG Institutional Funds is partnering with German logistics developer and asset manager Garbe Logistic to establish a EUR 400 mln investment fund, IVG Garbe Logistik Fonds.
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PropertyEU Archive
Mercialys to offload EUR 500m of assets in strategic shift
Mercialys, a French shopping centre REIT 50%-owned by retailer Casino, has announced plans to sell off EUR 500 mln of assets and to distribute EUR 1.25 bn in one-off dividends in 2012 as part of a new strategic focus.
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PropertyEU Archive
Financing agreed for Zuidas development in Amsterdam
Dutch government authorities have agreed to allocate a total of EUR 1.4 bn for the further development of the prestigious Zuidas business district in the south of Amsterdam.
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PropertyEU Archive
Eurocommercial sees stable year ahead
Dutch shopping centre group Eurocommercial Properties posted sound net rental income growth of 7.1% in the half year ended December 31, 2011 and said it expects 2012 to be a year of stability for the company.
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PropertyEU Archive
Angus Wade joins JLL's hotels team
Angus Wade has joined Jones Lang LaSalle's Global Hotels team as executive vice president Central & Eastern Europe (CEE), based in London.
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PropertyEU Archive
Rising foreclosures feed investor appetite
The level of distressed properties coming to the market will continue to grow globally amid a dramatic increase in investor appetite, according to the latest RICS Global Distressed Property Monitor.
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PropertyEU Archive
CBRE appoints new head of capital markets for CEE
Property services firm CBRE has appointed Michael Atwell as head of capital markets for Central and Eastern Europe (CEE), replacing Patrick O鈥橤orman who will return to the company鈥檚 London office to take up the role in the Central London investment team.
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PropertyEU Archive
Swedbank's property arm sells office assets in Finland
Ektornet, the property arm of Swedbank, has divested two office buildings in Tampere and Helsinki to Finnish insurance company Tapiola for a combined EUR 38.5 mln.
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PropertyEU Archive
British Land sees value of retail portfolio slip
British Land posted a broadly flat third-quarter net asset value per share on the back of a moderate decline in the value of its shopping centres.
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PropertyEU Archive
M&G snaps up Cour des Capucins mall in France
M&G's European Property Fund has bought La Cour des Capucins shopping centre in Thionville for just over EUR 31 mln. The vendor is French listed retail group Altarea.
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PropertyEU Archive
Jan Stemshorns joins Savills new Cologne office
Real estate adviser Savills has appointed Jan Stemshorn to join its office in Cologne as an associate director in the industrial agency team. Stemshorn joins the firm from BNP Paribas Real Estate where he spent five years, latterly as a senior consultant in industrial services.
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PropertyEU Archive
Niam recruits head of project development
Niam has hired Hans Lisserkers as head of development projects for the Nordic private equity firm's real estate funds. Prior to joining Niam, Lisserkers spent 13 years with Skanska, a listed Swedish constructions company, where he was most recently worked as the business development director responsible for finding and creating ...
