All PropertyEU Archive articles – Page 1692
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PropertyEU Archive
C&W recruits Michael Lindsay from KPMG
Cushman & Wakefield has appointed real estate finance specialist Michael Lindsay as a partner and head of its EMEA Corporate Finance team in London. The appointment is part of the property adviser's ongoing strategic recruitment initiative.
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PropertyEU Archive
Neinver sees 15% sales gain in 2011
Traditional retail continues to be challenging thanks to volatile European economies, but leading European outlet development company, Neinver, reported a
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PropertyEU Archive
Notapierre buys 27,000 m[sup]2[/sup] office for EUR 100m
The SCPI Notapierre investment vehicle, owned by Union Notariale Financière and managed by B&C France, has acquired an office complex in the Antony Parc II business park for just over EUR 100 mln. The vendor is Iceland-based Askar Capital, financed by German lender Deutsche Pfandbriefbank.
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PropertyEU Archive
AXA REIM acquires London hotel for EUR 44m
AXA Real Estate Investment Managers has completed the acquisition of the IBIS London City Hotel on behalf of the Co-operative Insurance Society (CIS) for £38.35 mln (EUR 44 mln). The vendor was Mangrove Securities.
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PropertyEU Archive
HSH Nordbank to sell 45% of Europa Passage - report
German bank HSH Nordbank is planning to sell its 45% stake in the EUR 430 mln Europa Passage shopping centre in the centre of Hamburg , according to a news report in the Hamburger Abendblatts. The sale could fetch around EUR 200 mln, according to the paper.
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PropertyEU Archive
Accor seals EUR 77m sale-and-leaseback deal
International hotel group Accor is disposing of seven Suite Novotel hotels in France in a EUR 77 mln transaction, as part of its asset-light strategy.
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PropertyEU Archive
CBRE appoints executive MD for Russia
CBRE has appointed Alexander Polenok as executive managing director of the company's Russian business. The company also announced that Natalia Yakimenko has been named as deputy managing director of CBRE Russia.
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PropertyEU Archive
Crimson Hotels buys Hesperia London Victoria hotel
UK-based Crimson Hotels has acquired the Hesperia London Victoria hotel from Spanish hotel operator Hesperia, advised by CBRE Hotels. The financial details were kept confidential, but CBRE said that the sale was in line with current market values. London Victoria was Hesperia's only UK asset.
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PropertyEU Archive
Lack of safe havens pushing money into prime real estate in CEE: CBRE
Overall property investment volumes in Central and Eastern Europe (CEE) amounted to EUR 8 bn by the end of September 2011, according to new data released by CBRE. This is twice as high when compared to the same period last year, with September marking the strongest results for 2011 to ...
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PropertyEU Archive
CBRE Hotels picked to sell Le Meridien in Paris
CBRE Hotels has started the marketing process for France's largest hotel, Le Meridien Etoile Hotel in Paris, the company confirmed to PropertyEU. The asset has a value of around EUR 350 mln and is owned by London-based Starman Hotels.
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PropertyEU Archive
MWB refutes rumours that refinancing sparked exec's departure
MWB, the UK listed hotels and serviced office group, has hit out at media suggestions that the CEO of the hotel division had quit due to a dispute over refinancing.
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PropertyEU Archive
Retail investments dominate in September
Retail proved to be the flavour of the month among real estate investors in Europe during September, accounting for EUR 2 bn, or 37% of the overall volume of the top 50 investment deals recorded by PropertyEU.
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PropertyEU Archive
Kroot joins management of EUR 1.1b Dutch retail fund
ASR Real Estate Investment Management has appointed Michiel Kroot as fund controller for its Dutch Prime Retail Fund. Kroot will form the dedicated fund management team for the ASR Dutch Prime Retail Fund together with fund operations manager Bart Vink and fund director Bas Tiemstra.
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PropertyEU Archive
Union bags H19 mixed-use asset in Düsseldorf
Germany's Union Investment has acquired the H19 mixed-use asset in Düsseldorf's Medienhafen area from an unnamed Luxembourg company. Financial details were not disclosed.
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PropertyEU Archive
NSI, Vastned O/I merge to create EUR 2.3b Dutch REIT
NSI has announced the completion of its merger with Vastned Offices/Industrial. The combination of the two Amsterdam-listed property companies will be known as NSI and will have a mixed real estate investment fund with a portfolio of EUR 2.3 bn.
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PropertyEU Archive
Global investment up 36% in Q3 despite sovereign debt crisis
Global direct real estate investment volumes in the third quarter of 2011 totalled $99 bn (EUR 72 bn), up 36% on the same period in 2010, according to figures released on Thursday by Jones Lang LaSalle.
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PropertyEU Archive
Dutch EUR 865m office portfolio attracts seven offers
The special servicer division of German financier Eurohypo has received seven indicative cash bids for the Dutch Uni-Invest office portfolio and is moving forward to collect binding offers by mid-December.
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PropertyEU Archive
INREV strengthens public affairs team
INREV, European Association for Investors in Non-Listed Real Estate Vehicles, has strengthened its public affairs team with two apppointments. Andreas Guth has been named public affairs manager and Claudia Kapp is the research manager.
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PropertyEU Archive
Leeming joins C&W's UK office agency team
Global property adviser Cushman & Wakefield has appointed Tom Leeming as a partner and head of its UK National Office Agency team. He joins Cushman & Wakefield after seven years with Jones Lang LaSalle.
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PropertyEU Archive
Savills appoints new head of retail agency in Germany
International property adviser Savills has appointed Stephan Jung to head its retail agency operations across Germany. He joins from Knight Frank where he was director of investment responsible for shopping centres and high street deals.


