All PropertyEU Archive articles 鈥� Page 1694
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PropertyEU Archive
FPF rejects Allianz-Covea's bid as hostile
Paris-focused office landlord Fonci猫re Paris France (FPF) has rejected a bid by Paris Hotels Roissy Vaugirard (PHRV) saying 'it does not present any advantages' for the business.
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PropertyEU Archive
Apartments go on sale at Amsterdam's Zuidas
Amsterdam's vision of transforming the Zuidas office district into a new urban centre moves a step closer this weekend as 46 terraced apartments go on sale.
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PropertyEU Archive
CBRE beefs up German investment team
Global property adviser CBRE has added seven new members to its German Investment team, mainly by recruiting staff from BNP Paribas Real Estate and Jones Lang LaSalle.
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PropertyEU Archive
Risanamento extends bid deadline on Milan's Santa Giulia
Italian developer Risanamento has extended the final date for receiving a binding offer from an investor consortium led by businessman Stefano Stroppiana on Milan's Santa Giulia until December 15.
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PropertyEU Archive
Fran莽aise REM buys Le Strat猫ge office in Puteaux
French fund manager Fran莽aise REM has acquired Le Strat猫ge office building in Puteaux, in the western suburbs of Paris, on behalf of its SCPI Selectinvest 1, Epargne Fonci猫re and Multimmobilier 2 investment vehicles. The vendor is IVG Institutional Funds. The transaction price comes to over EUR 25 mln.
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PropertyEU Archive
More companies look to expand in Moscow: C&W
Moscow has been ranked the most desirable European city for companies to expand into for the second year running, according to a survey by global property consultant Cushman & Wakefield. The number of European companies which expect to locate in Moscow within the next five years has jumped to 57 ...
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PropertyEU Archive
Grosvenor links up with Derwent on West End project
Privately owned property group Grosvenor and UK REIT Derwent London are forming a partnership to consider the redevelopment of 1-5 Grosvenor Place, London SW1. The site of over 1.5 acres, next to Hyde Park Corner, offers the opportunity to undertake a substantial mixed-use redevelopment, likely to include a luxury hotel, ...
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PropertyEU Archive
European industrial investment hits EUR 4.3b in H1
Industrial investment flows increased across Europe by just 3% in the first half of 2011, according to the latest Jones Lang LaSalle European Industrial Bulletin. Uncertain economic conditions and limited product availability has led to industrial real estate investment volumes stagnating, with activity slowing down rapidly in May and June. ...
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PropertyEU Archive
Middle Eastern investor buys London hotels for EUR 220m
Middle Eastern investor Capital Hill Hotels is acquiring two London hotels for 拢192 mln (EUR 220 mln). The vendor of the Sanderson and St Martins Lane hotels is Morgans Hotel Group (MHG), the operator and 50% owner of the London joint venture that owns the two hotels.
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PropertyEU Archive
Palmer launches EUR 29m UK joint venture
UK firm Palmer Capital has formed a 拢25 mln (EUR 29 mln) joint venture to buy quality real estate across the UK in the 拢1 mln to 拢10 mln size range. The partner in the Palmer Flemmings Property Partnership is Flemmings Financial Services, a UK financial advisor with a high ...
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PropertyEU Archive
Pramerica closes S$3b Asian retail fund
Pramerica Real Estate Investors has closed Pramerica AsiaRetail Limited, a S$3 bn (EUR 1.7 bn) private open-end property fund that invests in shopping centres on behalf of institutional investors, the company announced on Tuesday. Pramerica is the real estate investment management and advisory business of Prudential Financial, which is headquartered ...
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PropertyEU Archive
Lloyds to take loss of 拢350m on real estate debt - report
Lloyds Banking Group has received initial bids of around 拢650 mln for a commercial property debt portfolio with a face value of 拢1 bn, according to a news report in the Financial Times. If the deal goes through, the bank would be looking at a discount of 35% in what ...
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PropertyEU Archive
Deutsche Wohnen excluded from LLBW's housing bid
Germany's biggest public-sector bank LBBW has excluded Deutsche Wohnen from bidding for its real estate assets. In a statement on Tuesday, Deutsche Wohnen has confirmed its exclusion from the bidding process, expressing regret for this development.
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PropertyEU Archive
Bouygues, Grainger team up in new UK residential fund
France's Bouygues Development and UK listed residential landlord Grainger have announced the creation of, and their co-investment in, a new Build-To-Let fund targeting residential assets.
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PropertyEU Archive
Widening yield gap buy signal for prime Eurozone property: CBRE
The widening yield gap between government bonds and prime real estate in Europe is significantly enhancing the attractiveness of property for yield-driven investors seeking secure medium-to long-term income, according to a report from CBRE.
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PropertyEU Archive
RREEF poised to buy Portuguese shopping centre portfolio
RREEF, the real estate investment manager of Deutsche Bank, is closing in on the acquisition of the owner-manager of 16 shopping centres in Portugal, according to Spanish media reports.
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PropertyEU Archive
Prime rents and yields remain stable in Europe: CBRE
Prime commercial property rents and yields held firm in the third quarter despite the flow of significantly negative economic news and nervousness in the financial markets, according to the latest figures released by CBRE.
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PropertyEU Archive
Pramerica puts Tour Vista on the market
Property advisor Savills has confirmed that Pramerica Real Estate Investors is selling the 16,770 m[sup]2[/sup] Tour Vista office building in La D茅fense in Paris. The move was reported last week by PropertyEU.
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PropertyEU Archive
Poland in top 3 for retail supply in Europe
Poland is among the top three European countries in terms of future retail development, according to research by Jones Lang LaSalle. Nearly 670,000 m[sup]2[/sup] is currently being developed in Poland with delivery scheduled for 2011 to 2013.
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PropertyEU Archive
Treveria extends EUR 421m securitised facility
AIM-listed German retail property company Treveria has been granted an extension of up to three years on its EUR 421 mln Silo E securitised debt facility. The company has signed an agreement with servicer Hatfield Phillips, acting on behalf of the lenders to Silo E, whereby the loan will be ...
