All PropertyEU Archive articles 鈥� Page 1661
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PropertyEU Archive
Trigranit Management Corporation appoints new CEO
Philip Mark Evans has been appointed as Chief Executive Officer of TriGranit Management Corporation.
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PropertyEU Archive
Aviva lends to UK student digs project
Aviva Commercial Finance has provided 拢184 mln (EUR 221 mln) of senior debt to Universities Partnership Programme (UPP) for a student accommodation project at the University of Reading in the UK.
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PropertyEU Archive
French investor purchases Bordeaux site
French investor ANF Immobilier has spent over EUR 27 mln to buy the company owning the development right on a site in Bordeaux.
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PropertyEU Archive
Echo buys Warsaw site for tower project
Polish listed property company Echo Investment is acquiring a former hotel premises in Warsaw for around EUR 31 mln for an office tower project.
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PropertyEU Archive
MAGAZINE: Demand for senior property execs dips
Hiring demand for senior executives is currently at a low ebb as companies batten down the hatches in expectation of a new recession.
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PropertyEU Archive
HOLIDAY NOTICE
This is the last PropertyEU newsletter of 2011. The next edition will appear on Monday 2 January 2012.
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PropertyEU Archive
Skanska sells Skandia HQ in Stockholm
Swedish property and construction group Skanska has divested the headquarters of insurance group Skandia to the real estate arm of pension provider AMF. The investment volume was SEK 1.3 bn (EUR 145 mln). Completion of the deal is expected for the first quarter of 2012.
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PropertyEU Archive
Aareal grants EUR 130m loan to Prologis European Prop Fund II
German lender Aareal Bank has provided a EUR 130 mln debt package to finance a portfolio of 17 modern logistics properties in Germany for ProLogis European Properties Fund II (PEPF II).
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PropertyEU Archive
Kungsleden sells five properties for EUR 24m
Listed Swedish property company Kungsleden has divested five commercial properties for SEK 215 mln (EUR 24 mln). The buyer is Fastighets AB Botvid, which is 50:50 owned by Sweden's Gelba Fastigheter and the Swedish development arm of Austrian construction group Strabag.
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PropertyEU Archive
Cofinimmo buys 285 branches and offices in France
Belgian listed property group Cofinimmo has announced the acquisition of a package of insurance services agencies in France as well as the sale of the Citylink office park in Antwerp.
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PropertyEU Archive
DevSecs restructures EUR 46m loan with Lloyds
UK REIT Development Securities has completed a new five-year 拢38 mln (EUR 46 mln) loan with Lloyds Bank Corporate Markets, secured on three shopping centres at Ringwood, Thatcham and Bexleyheath.
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PropertyEU Archive
NSI extends maturity of EUR 75m loan with ING
Dutch listed property firm NSI has reached an agreement with ING Real Estate Finance to extend a EUR 75 mln short-term credit facility. This was NSI's largest refinancing requirement for 2012, the company said in a statement on Wednesday.
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PropertyEU Archive
Actys BOG mandated to manage Pramerica's Dutch portfolio
Pramerica Real Estate Investors, the real estate investment arm of US insurance group Prudential Financial, has appointed Actys BOG to manage its property portfolio in the Netherlands, starting January 1, 2012.
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PropertyEU Archive
La Fran莽aise REM buys Cap Azur project in Marseille
La Fran莽aise Real Estate Managers has acquired the Cap Azur office development project in the new Euromediterranee district of Marseille for around EUR 21 mln.
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PropertyEU Archive
Bank club finances Metro Shopping fund's UK malls
BayernLB and pbb Deutsche Pfandbriefbank have granted a 拢140 mln (EUR 166 mln) financing for the Southside shopping centre to the Metro Shopping Fund, a joint venture between clients of Delancey and Land Securities.
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PropertyEU Archive
Blackstone poised to close Project Isobel deal - report
The Royal Bank of Scotland and Blackstone are about to close a deal in which the bank will hand over control of 拢1.4 bn (EUR 1.7 bn) of distressed property loans to the US private equity group, according to a news report in the Financial Times.
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PropertyEU Archive
Wereldhave buys Paris project from BNP Paribas
Dutch listed property firm Wereldhave has reached an agreement to buy the Noda office development project in Paris for an investment volume of EUR 138 mln.
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PropertyEU Archive
Middle Eastern JV buys mixed-use scheme in Nottingham
A group of Middle Eastern investors advised by WW Advisors have joined forces with UK private investor Stainton to acquire Chapel Quarter in Nottingham for 拢20 mln (EUR 24 mln). The vendor is Royal London Asset Management's Scottish Life Fund. The deal reflects a yield of 8.75%.
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PropertyEU Archive
Economic concerns slow industrial take-up: JLL
Take-up of industrial space across Europe, the Middle East and Africa (EMEA) fell 19% to 3.6 million m[sup]2[/sup] in Q3 2011 compared with the previous quarter, reflecting occupiers' more cautious stand as concern grows over the ongoing economic climate in the eurozone and the global slowdown in economic growth.
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PropertyEU Archive
Multi, Union open Forum Kayseri in Turkey
European retail property developer Multi Development and German investor Union Investment opened Forum Kayseri shopping centre in the Anatolian region of Turkey on Wednesday. The scheme represents an investment value of EUR 250 mln.
