All PropertyEU Archive articles – Page 1685
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PropertyEU Archive
Investment property to be excluded from leasing rules overhaul
The two main accounting standards bodies globally have made a preliminary decision to exclude all investment property lessors from a proposed major overhaul of rules for how businesses recognise lease transactions, the European Public Real Estate Association (EPRA) said on Wednesday.
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PropertyEU Archive
Zeppelin mall expansion opens in Finland
Helsinki-based listed property company Sponda has announced the inauguration of expanded Zeppelin shopping centre in Kempele, northern Finland.
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PropertyEU Archive
Stenham snaps up Hamburg's Alte Post for EUR 110m
An affiliate of UK investor Stenham Property is acquiring the historic Alte Post mixed-use building in Hamburg for more than EUR 110 mln, reflecting a low yield of 4.72%.
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PropertyEU Archive
PropertyMatch sees EUR 820m of trades since launch
PropertyMatch, the secondary trading portal for unlisted real estate funds, has reported over £440 mln (EUR 514 mln) of trades in the past 12 months, compared to £250 mln in the same period a year before.
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PropertyEU Archive
Union acquires Bethanien Center from Natixis
Hamburg-based Union Investment has bought the Bethanien-Center mall in the northern German town of Neubrandenburg for an undisclosed sum. The vendor is Captiva Capital Partners III fund, which is managed by French investment manager Natixis Capital Partners.
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PropertyEU Archive
CBRE closes acquisition of ING REIM's European operations
CBRE Group has completed the acquisition of ING Group's real estate investment management operations in Europe, which will now operate as CBRE Global Investors under the leadership of CEO EMEA Pieter Hendrikse. The total purchase price for ING REIM Europe amounts to $540 mln (EUR 394 mln), the Los Angeles, ...
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PropertyEU Archive
GPR European index bounces back in October
European listed real estate, as represented in the GPR 250 Europe Index, finished 6.2% higher in October. This follows on from four months of losses.
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PropertyEU Archive
St Martins buys City office from Hammerson - report
Kuwaiti property investor St Martins Corporation is reportedly buying 60 Threadneedle Street in the City of London from UK REIT Hammerson. The transaction is said to amount to over £175 mln (EUR 203 mln), reflecting a record low yield of below 5%, according to a news report in PropertyWeek.
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PropertyEU Archive
Carlyle's Freeport gets equity injection from SWF
Freeport, the retail outlet operating unit of Carlyle Europe Real Estate, has received financing backing from an unnamed Middle Eastern sovereign wealth fund. The funding is in the in the low three-digit million range.
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PropertyEU Archive
London City, Prague offices remain 'warm' in double-dip scenario: DTZ
Nearly all European office markets would be unattractive for investors in a double-dip economic recession scenario, according to an analysis by DTZ due to be launched on Tuesday. Non-eurozone office markets would in general be more resilient but the only two exceptions to the general downturn would be London City ...
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PropertyEU Archive
New European CMBS research platform launched
Goldstar Research, a new web platform that provides analysis of European CMBS transactions, has been launched in a bid to improve transparency and liquidity in the sector.
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PropertyEU Archive
European office market improves despite economic concerns: JLL
Overall leasing volumes continued to improve over the third quarter of 2011 despite variations in prime offices rents, according to JLL's latest European Office Clock Report.
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PropertyEU Archive
Property stocks remain volatile as eurozone woes continue
European property stocks may have ended October on an upbeat note, but volatility is expected to remain a key feature of the listed real estate market in
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PropertyEU Archive
InfraRed infrastructure fund raises EUR 1.4b
InfraRed Capital Partners, the London-based asset manager created by the spin-off of HSBC Specialist Investments, has announced the final closing of its InfraRed Infrastructure Fund III. The fund received equity commitments of just over $1.2 bn (EUR 1.4 bn) from a broad range of institutional investors.
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PropertyEU Archive
Beni Stabili sells Milan retail asset for EUR 31m
Italian real estate investment trust Beni Stabili SIIQ has announced the sale of a retail building located at Milan's Via Verri. The transaction price of EUR 31 mln is in line with the property's book and market value. In a statement, Beni Stabili said it has reimbursed the existing EUR ...
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PropertyEU Archive
MPC Capital to manage EUR 350m of Dutch assets
MPC Real Estate Services, a subsidiary of MPC Capital Group, has emerged ahead of a number of rival bidders to take over the management of 10 real estate funds of Dutch bank ABN AMRO MeesPierson. In a statement on Monday, the Hamburg-based real estate fund specialist said that the operation ...
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PropertyEU Archive
Schroders to manage Invista Foundation's EUR 378m portfolio
Investment manager Schroders has been awarded the management contract for Invista Foundation Property Trust's £331 mln (EUR 378 mln) portfolio.
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PropertyEU Archive
Uplace gets building permit for EUR 600m Machelen project
Belgian urban redevelopment specialist Uplace said on Monday that it has received the building permit for its flagship Uplace Machelen mixed-use development project at Canal Zone, a former industrial area in Brussels.
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PropertyEU Archive
Broadway Malyan appoints new chairman
Global urbanism and design practice Broadway Malyan has appointed Lisbon-based director Stuart Rough as its new chairman.
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PropertyEU Archive
ECE retail fund buys City-Passage in Bielefeld
Germany's ECE Projektmanagement has confirmed the purchase of the City-Passage shopping centre in Bielefeld, in the Ostwestfalen-Lippe region. Financial details were kept confidential.


