All PropertyEU Archive articles 鈥� Page 1673
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PropertyEU Archive
Castellum invests in J枚nk枚ping mixed use project
Swedish property group Castellum is investing an initial SEK 167 mln (EUR 18 mln) on a mixed use project in the Atollen district of southern Swedish city J枚nk枚ping.
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PropertyEU Archive
Segro renames Central European projects
Segro, the Europe鈥檚 leading industrial REIT, is renaming its projects in Poland and Czech Republic to better reflect the type of industrial activity at each of these locations.
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PropertyEU Archive
CSC tightens grip on Nottingham shopping centre
Capital Shopping Centres (CSC) is to acquire the remaining 25% interest in Broadmarsh in Nottingham from Possfund Custodian Trustee Limited for 拢 18.3 mln (EUR 21 mln]. This follows the agreement earlier this month to acquire Westfield鈥檚 75% interest in the shopping centre for 拢55 million.
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PropertyEU Archive
German open-ended funds face further liquidations
The number of German open-ended property funds (GOEFs) that are forced into liquidation is likely to increase in the wake of new financial regulations such as the Alternative Investment Fund Managers Directive (AIFM). Under the regulation, which is due to be implemented in January 2013, funds will be forced to ...
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PropertyEU Archive
PPF opens first mall in Russia
PPF Real Estate Russia, part of Czech-based PPF, has opened its first shopping centre in Russia, the M5 Mall in the city of Ryazan, some 185 km east of Moscow.
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PropertyEU Archive
Signa poaches Michael Morgenroth from Gothaer
Michael Morgenroth, currently responsible for real estate and infrastructure within the asset management arm of Gothaer, is to join the management board of Austrian real estate investor, Signa Group in March 2012.
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PropertyEU Archive
Credit Suisse raises EUR 188m for Swiss-listed global fund
Credit Suisse's global fund management arm has raised CHF 231 mln (EUR 188 mln) from both private and institutional investors for a new Swiss-listed fund investing exclusively in properties outside Switzerland.
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PropertyEU Archive
WealthCap sells Berlin shopping centre for EUR 341m
German property investor WealthCap has signed a preliminary agreement with an unnamed buyer to sell the Gropius Passegen in Berlin for a total of EUR 341 mln. The 85,000 m[sup]2[/sup] scheme in the city's Neuk枚lln district is owned by WealthCap's closed-end HFS Immobilien Deutschland 11 fund.
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PropertyEU Archive
Morgan Stanley ties up with MSS for Nordic acquisition drive
Morgan Stanley Real Estate has agreed a partnership with UK investor and fund manager MSS Real Estate to spearhead a major property acquisition programme in Scandinavia.
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PropertyEU Archive
Knight Frank adds to Munich valuations team
Knight Frank has appointed Peter Kaiser as associate director to join the commercial valuation team in Munich. Kaiser previously worked at Hypo Real Estate Bank and Goldman Sachs' Archon Group in asset management and valuation.
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PropertyEU Archive
Deutsche Bank mulls separation of RREEF property arm
Deutsche Bank is considering the spin-off of its RREEF alternative fund management arm in light of new regulation, associated costs and growing competition expected to impact on the business' growth prospects.
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PropertyEU Archive
ULI Germany unveils Leadership Award winners in Frankfurt
Four leading figures in the German real estate industry were honoured with the 2011 ULI Germany Leadership Awards at ULI Germany's Urban Leader Forum in Frankfurt on Wednesday.
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PropertyEU Archive
Goodman develops industrial facility in Belgium
Sydney-listed global property group Goodman is to develop a 64,462 m[sup]2[/sup] turnkey facility for DIY manufacturer Stanley Black & Decker at Tessenderlo in Belgium. Goodman said it is the largest industrial facility to be developed in that country over the past three years.
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PropertyEU Archive
Lone Star, Cerberus secure finance for Project Royal bid - report
Private equity firms Lone Star, Cerberus Capital Management and Colony Capital are reportedly leading the race to buy Lloyds' 拢1bn Project Royal loan portfolio, according to a news report in UK magazine Costar. The deadline for the second round of bids is said to be November 28.
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PropertyEU Archive
Savills markets Irish resi development for receiver
Savills has announced the sale of one of Dublin's most famous luxury residential developments on behalf of receivers Grant Thornton.
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PropertyEU Archive
Property industry slams EU financial transactions tax
Property lobbyists are set to do battle with the European Union amid growing fears it may try to impose a tax which would undermine the benefits of Real Estate Investment Trusts (REITs).
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PropertyEU Archive
Invesco forecasts property values will hold up
Recent volatility may be reminiscent of the period following Lehman Brothers' collapse in 2008, but Invesco Real Estate forecasts that real estate will not be affected in the same way and values will hold up better than three years ago.
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PropertyEU Archive
HB Reavis seeds first fund with EUR 165m portfolio
Slovakian developer HB Reavis said on Tuesday that its Luxembourg-based investment management arm has bought a portfolio of five commercial assets for a total of EUR 165 mln, reflecting a blended initial yield of 7.6%. The assets were developed by HB Reavis.
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PropertyEU Archive
ECE opens EUR 200m BahnhofCity mall in Vienna
German retail specialist ECE Projektmanagement has announced that its BahnhofCity Vienna West shopping centre is opening its doors on Wednesday after a construction period of three-and-a-half years.
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PropertyEU Archive
Highstreet JV sells Karstadt store for EUR 40m
The Highstreet investor consortium has completed the sale of a Karstadt department store in Bielefeld, northern Germany to local investment firm Aachener Grundverm枚gen KAG. The price of EUR 40 mln generates capital gains of EUR 3 mln.
