All PropertyEU Archive articles 鈥� Page 1691
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PropertyEU Archive
German office take-up rises 15% in Q3: Colliers
Tenant demand in the German office market remained strong during the summer months, according to new data from Colliers International. Office take-up totalled as much as 2.2 million m[sup]2[/sup] in the first three quarters of the year, representing a 15% increase year-on-year.
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PropertyEU Archive
DIC takes over Morgan Stanley fund stake in EUR 190m portfolio
German listed property company DIC Asset has acquired the 50% stake in three joint ventures previously held by funds advised by Morgan Stanley Real Estate Investing. The deal makes DIC Asset the sole owner of a portfolio with a market value of some EUR 190 mln consisting of around 20 ...
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PropertyEU Archive
CS Euroreal sheds over EUR 310m of assets in Germany, UK
Credit Suisse's frozen Euroreal open-ended property fund has completed three sales in Germany and the UK for a total value of over EUR 310 mln.
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PropertyEU Archive
Real I.S. acquires Marseilles office for EUR 34m
German closed end fund manager Real I.S. has acquired an office building in the central business district of Marseilles for some EUR 34 mln. Real I.S. carried out the transaction for its institutional fund BGV III. The vendor was a fund managed by Pramerica Real Estate Investors.
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PropertyEU Archive
CPI in talks to buy EUR 80m City Park Jihlava
Czech Property Investments (CPI), a Prague-based company owned by financier Radovan Vitek, is in negotiations to buy the 25,000-m[sup]2[/sup] City Park Jihlava regional shopping centre for some EUR 80 mln in an off-market deal with local developer PSJ Invest, PropertyEU has learnt. Closing is expected by year-end, according to well-informed ...
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PropertyEU Archive
JLL expands in Asian residential through acquisition
Listed global property adviser Jones Lang LaSalle has expanded its residential division in South East Asia by acquiring DST International Property Services in Singapore.
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PropertyEU Archive
Activum fund II seals first deal in Frankfurt
Activum SG Capital Management, the European real estate fund manager, has bought the AOC office building in Frankfurt's Ostend district from Harpen Immobilien for an undisclosed amount. The transaction marks the first investment for the Jersey-based investment manager麓s recently-closed second German real estate fund, Activum SG Fund II.
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PropertyEU Archive
Rockspring expands client services team
Rockspring Property Investment Managers has expanded its Client Services team, appointing Maria Bergliden-French as Business Development Manager in the UK.
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PropertyEU Archive
Goodman receives planning consent for Thurrock park
Goodman has received planning consent for its Thurrock commercial park in Essex, UK, where the logistics specialist is to deliver a 12,000 m[sup]2[/sup] facility for consumer media company A&N Media.
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PropertyEU Archive
Danica launches 16,000m[sup]2[/sup] designer outlet project in Copenhagen
Danica Pension, the investment arm of Denmark's Danske Bank, has announced it is developing the country's second outlet centre.
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PropertyEU Archive
Sberbank agrees 20,000-m[sup]2[/sup] lease in Moscow's Danilovsky Fort
Sberbank Tehnology, a subsidiary of Russia's largest bank Sberbank, has signed a long-term lease agreement for nearly 20,000 m[sup]2[/sup] in the Danilovsky Fort Business Center in Moscow. Cushman & Wakefield brokered the deal, which ranks as one of the largest letting transactions in Moscow this year.
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PropertyEU Archive
Italian lender sells Rome office asset for EUR 130m
Italian lender Monte dei Paschi di Siena has sold an office building located opposite Rome's Coliseum to a closed-end fund managed by Mittel Real Estate. The transaction price amounts to EUR 130 mln.
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PropertyEU Archive
IVG fund acquires Warsaw office for EUR 15m
German listed real estate company IVG has announced that one of its funds has acquired N21, a fully leased office property in Warsaw from SwedeCenter for EUR 15 mln.
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PropertyEU Archive
ECE buys 3 Karstadt stores for EUR 50m
The Highstreet investor consortium has completed the sale of three Karstadt department stores to German privately held property group ECE Projektmanagement for over EUR 50 mln.
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PropertyEU Archive
Orco closes sale of Russian assets for EUR 53m
Orco Property Group said on Monday that it has completed the previously announced sale of most of its Russian assets to a local investor for a total of EUR 53 mln. The disposal includes the logistics business, the residential projects, the offices and land plots that are collectively valued at ...
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PropertyEU Archive
Takeover bid for DTZ bid aborted due to financial turmoil
French family run group St George Participations (SGP) has ended talks about a possible offer for listed international real estate broker DTZ due to the global financial turmoil.
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PropertyEU Archive
ECE starts construction of 脕rk谩d II mall in Budapest
German shopping centre developer ECE Projektmanagement and Deutsche Bank have started construction of 脕rk谩d II shopping centre in Budapest, Hungary.
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PropertyEU Archive
BNP Paribas picked to manage London's Leadenhall Triangle
BNP Paribas Real Estate Property Management has been mandated to manage the Leadenhall Triangle office complex in the City of London.
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PropertyEU Archive
PCP close to sealing refinancing on Bremen mall
Prime Commercial Properties (PCP), the UK-based retail property investor, has obtained a seventh extension on the Bremen loan which it failed to repay at the initial maturity date of 18 October 2010.
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PropertyEU Archive
Prime Development opens second shopping centre in Turkey
Prima Mall shopping centre in the Turkish city of Antakya attracted 175,000 visitors on its first day of trading, according to developer and mall manager Prime Development.
