All PropertyEU Archive articles – Page 1701

  • PropertyEU Archive

    AXA embarks on major London redevelopment

    2011-09-30T00:00:00Z

    AXA Real Estate Investment Managers has submitted a planning application for a major redevelopment project in the City of London. The speculative mixed-use redevelopment at 1 St Paul’s will incorporate 5,575 m[sup]2[/sup] of office space and 1,860 m[sup]2[/sup] of retail and leisure space. The proposals also include the potential development ...

  • PropertyEU Archive

    BPT extends presence in Baltics

    2011-09-30T00:00:00Z

    Copenhagen-based BPT Asset Management has entered into a strategic partnership with Finnish bank Evli that will see the group expand its portfolio to encompass the Baltic Sea and hold assets worth some EUR 1.5 bn under management.

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    CBRE buys Dutch mall manager

    2011-09-30T00:00:00Z

    CB Richard Ellis has announced the acquisition of SCM Europe, a Dutch shopping centre management company in a bid to boost its position in the European retail real estate sector.

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    MSREF sells Deichtor Centre in Hamburg

    2011-09-30T00:00:00Z

    Morgan Stanley Real Estate Funds (MSREF) has divested the Deichtor Centers in Hamburg, Germany to Alpina Real Estate, a Luxembourg real estate platform launched by Conren Land. Although the transaction price was not disclosed, it is believed to amount to roughly EUR 65 mln.

  • PropertyEU Archive

    Cushman & Wakefield strengthens Spanish team

    2011-09-30T00:00:00Z

    Real estate consultant Cushman & Wakefield , as part of its strategic commitment to strengthen its business in Spain, has appointed Javier Bernades as an associate and director of office agency in Barcelona and Ignacio Acha as director of retail high streets in Madrid.

  • PropertyEU Archive

    Follow the Daily News at Expo Real

    2011-09-30T00:00:00Z

    PropertyEU is producing Expo Real Daily News, the official English-language publication, in Munich on each of the three days of the international property fair this week.

  • PropertyEU Archive

    Lufthansa lands at IVG's Squaire in Frankfurt

    2011-09-30T00:00:00Z

    German listed property company IVG Immobilien has announced that Lufthansa will take a major tenancy in its office development The Squaire at Frankfurt International Airport.

  • PropertyEU Archive

    German housing returns lowest yields

    2011-09-30T00:00:00Z

    The German housing market returned to investors and homeowners the lowest yields in the world on a 40-year, 20-year and 10-year basis, according to a comprehensive new research report by University of Tilburg.

  • PropertyEU Archive

    Expo Real attracts 1,600 exhibitors

    2011-09-29T00:00:00Z

    Some 1,610 exhibitors from 34 countries have signed up to showcase their wares at the Expo Real property fair in Munich next week. The figures is roughly similar to last year's event.

  • PropertyEU Archive

    European loan trades to hit EUR 15b in 2012

    2011-09-29T00:00:00Z

    US real estate advisory firm The Situs Companies predicts loan portfolios worth as much as EUR 15 bn could be exchanged in Europe during 2012, as banks increasingly look to reduce the number of maturing loans on their books.

  • PropertyEU Archive

    Cofinimmo sells 2 offices and acquires nursing home

    2011-09-29T00:00:00Z

    Cofinimmo has sold two office buildings for almost EUR 70 mln as part of its strategy to increase its holdings in the nursing home sector.

  • PropertyEU Archive

    WP Carey takes over EUR 300m Metro Italia fund

    2011-09-29T00:00:00Z

    Global investment manager WP Carey has acquired control of a closed-end fund that owns 20 stores leased to Metro Cash & Carry Italia. The value of the investment, which was made by CPA 17, a subsidiary of WP Carey's publicly-held non-traded REIT affiliates, was around EUR 300 mln.

  • PropertyEU Archive

    IVG extends EUR 500m debt on The Squaire

    2011-09-29T00:00:00Z

    German property company IVG Immobilien has clinched the restructuring of roughly EUR 500 mln of debt securitised against the The Squaire office project at Frankfurt International Airport.

  • PropertyEU Archive

    Pbb issues EUR 500m Pfandbrief

    2011-09-29T00:00:00Z

    Pbb Deutsche Pfandbriefbank has issued a five-year EUR 500 mln mortgage Pfandbrief, a company spokesman confirmed to PropertyEU.

  • PropertyEU Archive

    Unibail-Rodamco issues EUR 500m bond

    2011-09-29T00:00:00Z

    Unibail-Rodamco, the largest listed property group in Europe, has issued a EUR 500 mln bond to strengthen its liquidity. The issuance was four times oversubscribed, the order book reaching over EUR 2 bn.

  • PropertyEU Archive

    Barclay brothers buy EUR 800m of debt from NAMA

    2011-09-29T00:00:00Z

    Maybourne Finance, a compeny controlled by David and Frederick Barclay, has purchased more than EUR 800 mln of debt held by the Maybourne Hotel Group, owner of the Claridges, Connaught and Berkeley luxury hotels in London.

  • PropertyEU Archive

    Aareal jumps, Westimmo falls in PropertyEU ranking

    2011-09-29T00:00:00Z

    Aareal Bank jumped to second place in PropertyEU’s ranking of leading German financiers for 2010 and H1 2011, based on new loan production. The Wiesbaden-based bank saw new lending business surge 76% in 2010 and lifted volume by another 10% in the first six months of 2011.

  • PropertyEU Archive

    Miller JV acquires Walnuts shopping centre in Kent

    2011-09-29T00:00:00Z

    A joint venture, comprising UK builder Miller Developments, Ellandi and an unnamed Middle Eastern investment group advised by WW Advisors, has exchanged contracts to purchase the Walnuts Shopping Centre in Orpington, near London, from clients of Aberdeen Asset Management. The partnership is also buying the Crown House, an adjoining vacant ...

  • PropertyEU Archive

    CBRE makes two appointments in Poland

    2011-09-29T00:00:00Z

    CB Richard Ellis announced two new appointments in Poland. Grzegorz WoŸniakowski has been appointed senior property valuer, while Jaros³aw Miko³ajczyk was named senior property negotiator in the global corporate services team.

  • PropertyEU Archive

    Neinver's CEO leaves to head BFA

    2011-09-29T00:00:00Z

    Manuel Lagares is stepping down as CEO of European retail specialist Neinver to lead Spanish banking group Banco Financiero y de Ahorros (BFA). Lagares has been Neinver's CEO for the past seven years.