All PropertyEU Archive articles 鈥� Page 1656
-
PropertyEU Archive
RICS revises best practices for due diligence to reduce investor risk
The Royal Institution of Chartered Surveyors (RICS) has released a new best practice and guidance note for technical due diligence aimed at increasing transparency and reducing investor risk.
-
PropertyEU Archive
UBS bids for full control of French REIT Docks Lyonnais
The wealth management division of Swiss bank UBS has launched a takeover offer for the 6% stake in French REIT Les Docks Lyonnais that it does not already own.
-
PropertyEU Archive
Union forward funds Boulogne spec office project
Union Investment Real Estate has returned to the French office property market for the first time in over two years with the EUR 128 mln acquisition of a speculative project in Boulogne-Billancourt, near Paris.
-
PropertyEU Archive
Deka offloads retail building in Vienna, buys in Nuremberg
Deka Immobilien has sold a retail property on Vienna's main shopping street to Warburg-Henderson KAG's Austian Fund II. The financial details were not disclosed.
-
PropertyEU Archive
Sweden's Cityhold clinches first London deal
Cityhold Property group, the European property joint venture of the First and Second Swedish National Pension Funds, has acquired an office building in Paddington, London, for 拢230 mln (EUR 278.3 mln) from a joint venture between Aviva Investors and Union Investment Real Estate. The transaction reflects a net initial yield ...
-
PropertyEU Archive
Tour Eiffel leases 11,000 m[sup]2[/sup] in V茅lizy tower
French REIT Soci茅t茅 de la Tour Eiffel has completed the leasing of its latest development project - the Topaz tower in V茅lizy, near Paris.
-
PropertyEU Archive
RREEF completes EUR 1.9b of deals in 2011
RREEF Real Estate, the real estate investment management business of Deutsche Asset Management, announced it completed over EUR 1.9 bn of transactions across the globe in 2011 on behalf of its German clients.
-
PropertyEU Archive
CEE property investment tops EUR 6b in 2011
Real estate investment activity in Poland, the Czech Republic, Slovakia, Hungary and Romania more than doubled in 2011 to EUR 6.1 bn from EUR 2.9 bn the previous year, according to global property adviser Cushman & Wakefield.
-
PropertyEU Archive
JLL sees 2012 deal volume matching 2011
International property adviser Jones Lang LaSalle expects global investment into commercial real estate in 2012 will match last year's volume which totalled US$400 bn (EUR 315 bn).
-
PropertyEU Archive
Beni Stabili fund buys office scheme for EUR 42m
Italian REIT Beni Stabili has announced that its closed-end real estate investment fund Melograno has completed the acquisition of a property in Milan for EUR 42 mln. The vendor was not disclosed.
-
PropertyEU Archive
Plaza sells 47 US malls to Blackstone JV
Retail property developer Plaza Centers is selling 47 of its 49 shopping malls in the US for US$1.42 bn (EUR 1.12 bn). The buyer is BRE DDR Retail Holdings, a joint venture between a real estate fund managed by US private equity giant Blackstone and Ohio-based shopping centre group DDR ...
-
PropertyEU Archive
C&W poaches DTZ director to head Italian office agency
Cushman & Wakefield has appointed Peter Leyburn as a partner and head of its Italian office agency.
-
PropertyEU Archive
Savills expands German business with Cologne office
International real estate adviser Savills has opened a new office in Cologne with a five-strong team recruited from BNP Paribas Real Estate as part of a wider growth strategy in Germany.
-
PropertyEU Archive
Deutsche Pfandbriefbank finances Spanish retail parks
German lender pbb Deutsche Pfandbriefbank has provided a EUR 61 mln loan for two Spanish retail and leisure parks owned by subsidiaries of the Pillar Retail Europark Fund (PREF). The fund is managed by BL European Fund Management and is part-owned by UK REIT British Land.
-
PropertyEU Archive
Auchan buys 49% of EUR 1b Italian retail JV
French hypermarket group Auchan has bought the remaining 49% stake it did not already own in Gallerie Commerciali Italia, a retail property partnership with US retail REIT Simon Property Group.
-
PropertyEU Archive
UK student property group boosts NAV 6% over 2011
Student accommodation company Unite Group on Tuesday reported the estimated net asset value of its UNITE UK Student Accommodation Fund rose to 拢0.857 (EUR 1) per unit at the end of last year, reflecting an increase of 1.8% during the fourth quarter and 6.1% over the year.
-
PropertyEU Archive
European property investment climbs by a third in 2011
European retail real estate investment volumes will reach EUR 28bn in 2011, an increase of around 35% on 2010 despite the continuing economic uncertainty, according to consultancy Jones Lang LaSalle.
-
PropertyEU Archive
Union AM leases 70% of MainTor Porta
DIC has finalised the lease of around 14,000 m[sup]2[/sup] (or roughly 70% of the entire lettable area) of its MainTor Porta office complex in Frankfurt to Union Asset Management Holding.
-
PropertyEU Archive
Engel & V枚lkers books record year
German property adviser Engel & V枚lkers Group booked record overall commission revenues of over EUR 200 mln last year, the company said on Tuesday.
-
PropertyEU Archive
WELPUT buys Warner Bros London headquarters
The West End of London Property Unit Trust has acquired the freehold of 98 Theobalds Road, London for 拢65 mln (EUR 81 mln) from US property firm Crescent Heights. The deal reflects a net initial yield of 5.94%.
