All PropertyEU Archive articles 鈥� Page 1688
-
PropertyEU Archive
Knight Frank profit climbs 10% to 拢102m
Property adviser Knight Frank saw profit rise 10% to 拢102 mln (EUR 116 mln) in the year ended March 31 from 拢92.3 mln in the same period a year before. In a statement this week, the firm said turnover increased 7% to 拢308.4 mln from 拢288.0 mln in 2010.
-
PropertyEU Archive
Swedish insurer buys for EUR 110m in Stockholm
Swedish insurance group AFA has acquired two office buildings in Stockholm from local development giant Skanska for a total of SEK 1 bn (EUR 110 mln).
-
PropertyEU Archive
TAG sells development site in Munich for EUR 31m
Listed German property firm TAG Immobilien has sold a project development site of around 15,000 m[sup]2[/sup] located on T眉binger Strasse in Munich for a total of EUR 31 mln.
-
PropertyEU Archive
Gecina to accelerate disposals; targets 40% LTV
French SIIC Gecina has announced a major disposal programme in an effort to lower gearing to around 40% by 2012 from 44% at present. In a statement this week, the Paris-based real estate investment trust said it is planning to offload a further EUR 500 mln of residential assets in ...
-
PropertyEU Archive
Kuwaiti bank buys into Swedish logistics for EUR 52m
Listed islamic bank Kuwait Finance House (KFH) has acquired the 70,000 m[sup]2[/sup] central warehouse of Nordic technical trading company Ahlsell Group in Hallsberg, Sweden for around SEK 475 mln (EUR 52 mln). The vendor is an investment consortium including Wilfast F枚rvaltning and Ness, Risan & Partners.
-
PropertyEU Archive
Charities fund acquires five UK assets for EUR 70m
The Charities Property Fund has acquired five properties in the UK for a total of nearly 拢60 mln (EUR 69 mln), bringing its total net asset value to 拢456 mln.
-
PropertyEU Archive
AXA Real Estate acquires logistics warehouse in Madrid
AXA Real Estate Investment Managers has bought a prime logistics warehouse development in Madrid on behalf of one of its clients. The development, which is situated 15 km to the south of the Spanish capital in the Getafe area, was acquired from UTE Posmocan Los Gavilanes for an undisclosed amount.
-
PropertyEU Archive
C&W hires retail expert to develop Asian business
Cushman & Wakefield has appointed Asia retail expert Tracy Lu to its cross-border retail team in London to boost business resulting from the expansion of Asian and international retail brands in Europe and other global regions.
-
PropertyEU Archive
Redevco chief steps down, COO Vaughan to take over
Jaap Blokhuis, chief executive of European retail specialist Redevco, is leaving the company at the end of the year, the Swiss-based holding company Cofra Group announced on Tuesday. Blokhuis will be replaced by Andrew Vaughan, currently chief operating officer, who will take office on November 1.
-
PropertyEU Archive
Office take-up continues to rise despite economic woes: JLL
Overall office leasing volumes continued to improve in Europe over the third quarter of 2011 despite variations in prime rents, according to a new research report issued by Jones Lang LaSalle on Tuesday.
-
PropertyEU Archive
Overseas equity investors to dominate London market: Gresham Down
Overseas - predominantly equity - investors will increasingly dominate the London market at the expense of debt buyers as the number of active lending banks declines, according to property adviser Gresham Down Capital Partners. Polarisation is set to increase not just between primary and secondary stock but also between investor ...
-
PropertyEU Archive
Growth momentum in investment volumes remains positive: DTZ
Investment in commercial real estate across Europe in the third quarter of 2011 reached EUR 25.7 bn, representing a marginal 3% fall from the EUR 26.6 bn in Q2, according to a new research report issued by DTZ.
-
PropertyEU Archive
Kennedy Wilson-led JV acquires UK loan portfolio for EUR 1.3b
Kennedy Wilson, the New York-listed real estate investment and services firm, is leading a consortium of institutional partners that acquired a loan portfolio from Bank of Ireland for $1.8 bn (EUR 1.3 bn).
-
PropertyEU Archive
Helical acquires Corby centre EUR 80m deal with Land Secs
UK REIT Helical Bar has acquired the freehold interest in land and buildings in Corby Town Centre from Land Securities Group for a total of 拢70 mln (EUR 80 mln), reflecting an initial yield of circa 8%.
-
PropertyEU Archive
JP Morgan AM adds to European real estate team
Albert Yang has joined JP Morgan Asset Management (JPMAM)'s Global Real Assets division as head of European Client Strategy, Real Estate.
-
PropertyEU Archive
Troika Dialog names senior real estate analyst
Russian investment house Troika Dialog has appointed Julia Gordeyeva as senior real estate analyst, reporting to Paolo Zaniboni, head of Research and managing director at Troika Dialog.
-
PropertyEU Archive
Grainger appoints non-exec director
Listed UK residential firm Grainger has appointed Tony Wray to its board as a non-executive director. Wray (49) has been the Chief Executive of FTSE 100 water company Severn Trent since 2007, prior to which he worked in senior management positions for British Gas and Transco.
-
PropertyEU Archive
Crown Estate appoints new CEO
Alison Nimmo will take up the position of new chief executive of Crown Estate from January 1, taking over from Roger Bright, who steps down at the end of the year.
-
PropertyEU Archive
Savills Sweden appoints new head of leasing
Savills has appointed Petter Klingofstr枚m to head the Swedish leasing team at its Stockholm office. Klingofstr枚m, who has 14 years of real estate experience, will develop the firm's leasing department in the Swedish market and broaden its Swedish and international client base. He will work closely with Savills Property Management ...
-
PropertyEU Archive
Berlin Hyp, LBB name head of international business
Berlin Hyp and Landesbank Berlin have appointed Markus Beran (45) as head of the Central International Department in the international real estate financing sales business division, effective January 2012.
