All PropertyEU Archive articles – Page 1662
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PropertyEU Archive
JLL to manage Grosvenor retail portfolio in Sweden
Jones Lang LaSalle Sweden have been appointed to provide management, leasing and development advice for Grosvenor's Swedish property portfolio. The portfolio includes the Väsby Centre, Bålsta Centre, Haninge Centre and ICA Maxi properties in Helsingborg, with a total floorspace of 100,000 m[sup]2[/sup].
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PropertyEU Archive
Goodman wraps up 2011 with big Amazon deals
Goodman Group will develop two pre-committed logistics centres in Germany totalling 220,000 m[sup]2[/sup] for e-commerce provider Amazon.
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PropertyEU Archive
Bank consortium grants EUR 220 loan for SFR HQ
A consortium of three banks has granted a EUR 220 mln loan for the acquisition of land and the construction of the future headquarters of French mobile phone company SFR in northern Paris. The three lenders are HSBC France, Landesbank Berlin/Berlin Hyp and Société Générale. HSBC France acted as agent.
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PropertyEU Archive
Investor trio buys Copenhagen's UN City for EUR 282m
A three-way consortium comprising Copenhagen City & Port Development and pension funds ATP and PensionDanmark has acquired the 45,000 m[sup]2[/sup] United Nations headquarters in Copenhagen for more than DKK 2.1 bn (EUR 282 mln).
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PropertyEU Archive
Bank club provides EUR 400m credit line to GELF
ING Bank, BNP Paribas and Royal Bank of Scotland have acted as joint mandated lead arrangers for a EUR 400 mln revolving credit facility for Goodman European Logistics Fund (GELF) as part of a broader strategy to increase the fund size and scope.
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PropertyEU Archive
Catalyst Capital acquires Moniuszki tower in Warsaw
European fund manager Catalyst Capital has bought the Moniuszki tower in Warsaw from BPT Optima, a real estate investment fund managed by BPT Asset Management. The companies agreed to keep the financial details confidential. Senior debt for the purchase was provided by Nordea Bank.
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PropertyEU Archive
Greece launches tender for massive Athens site
The Greek government has announced plans to launch a tender for a massive development site near Athens' former international airport.
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PropertyEU Archive
MAGAZINE: Box shops come to Europe
Pop-up stores have already sent the retail establishment reeling, but it is set to be rocked again by another revolutionary phenomenon: the pop-up mall.
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PropertyEU Archive
Italy's Castello Sgr buys Unicoop supermarkets
Italian fund management firm Castello Sgr has bought a portfolio of 10 Coop supermarkets for close to EUR 50 mln, reflecting a yield of around 7%. The vendor was retailer Unicoop Tirreno.
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PropertyEU Archive
Deka swoops on specialist retail centre in Rotterdam
German fund manager Deka Immobilien has acquired the Parkboulevard specialist retail centre in Rotterdam for its WestInvest TargetSelect Shopping special property fund. The vendor is VOF Vierhafens, a joint venture of Dutch property developers MAB and DuraVermeer. The parties agreed not to disclose the purchase price.
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PropertyEU Archive
Iii-investments shops in Paris for German pension scheme
Munich-based fund manager iii-investments has acquired an office building in Paris for a real estate special fund owned by an unnamed German pension scheme. The transaction price comes to EUR 17.5 mln.
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PropertyEU Archive
Unite gets go-ahead for major London project
UK student housing specialist Unite has secured planning consent for a new 951-bedroom development in Stratford, East London.
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PropertyEU Archive
Alstria secures finance for EUR 172m of purchases
Germany's Alstria office REITsaid on Monday that it has been granted EUR 172 mln in financing from Berlin Hyp and Landesbank Berlin to fund recent office property acquisitions.
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PropertyEU Archive
Segro, Moorfield snap up UK logistics fund for EUR 375m
A 50-50 joint venture of industrial REIT Segro and private equity fund manager Moorfield has acquired the UK Logistics Fund (UKLF) for £315 mln (EUR 375 mln) from Hermes Real Estate Investment Management, Legal & General and LaSalle Investment Management. The purchase price represents a net initial yield of 6.3%.
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PropertyEU Archive
Altarea sells Vichy mall for EUR 38m
Suravenir, the life insurance arm of Groupe Crédit Mutuel Arkéa, has acquired Les Quatre Chemins shopping centre in Vichy, Central France, from listed retail specialist Altarea Cogedim for EUR 38 mln.
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PropertyEU Archive
CBRE buys logistics space near Frankfurt airport
CBRE Global Investors has acquired 13,000 m[sup]2[/sup] in the Mönchhof multi-park industrial and logistics complex located near Frankfurt airport. The investment volume was not disclosed.
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PropertyEU Archive
BNP Paribas to manage Allianz Belux portfolio
BNP Paribas Real Estate Property Management has been mandated by German insurer Allianz to manage its entire property portfolio in Belgium and Luxembourg.
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PropertyEU Archive
Deutsche Pfandbriefbank extends Aurelis loan
A consortium of banks led by pbb Deutsche Pfandbriefbank has extended an investment finance loan of around EUR 700 mln to Aurelis Asset ahead of schedule.
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PropertyEU Archive
Deka buys logistics property from Gazeley
German fund manager Deka Immobilien has acquired a logistics warehouse in Kassel from developer Gazeley for around EUR 35 mln. The 47,000 m[sup]2[/sup] property was bought for Deka's WestInvest TargetSelect Logistics fund and is fully leased to SMA Solar Technology.
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PropertyEU Archive
Union forward-funds Cardiff office scheme
German fund manager Union Investment Real Estate has bought the new office headquarters due to be built for Admiral Group in Cardiff by Stoford Developments for £59 mln (EUR 70 mln). The deal will reflect a net initial yield of 5.85%.


