All PropertyEU Archive articles – Page 1704
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PropertyEU Archive
Goodman appoints head of capital transactions for CEE
Goodman Group has appointed Jaroslaw Wnuk as the new head of Capital Transactions for Central and Eastern Europe.
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PropertyEU Archive
AquiGen secures first regeneration scheme
AquiGen Real Estate Solutions, a joint venture between Generator Group and Aquila House Holdings, has completed the purchase of its first site, a 44-acre (178,000 m2) factory area in Ipswich, UK, which it will redevelop to create a new business park. The sale was managed by administrators BDO. Financial details ...
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PropertyEU Archive
Wölbern Invest buys Prisma Presse building in Paris
German closed-end fund manager Wölbern Invest has bought the Prisma Presse headquarters in Gennevilliers, to the west of Paris. The vendor is French real estate developer Nexity.
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PropertyEU Archive
Dev Secs hires former Knight Frank chairman
UK property developer and investor Development Securities has appointed Nicholas Thomlinson as a non-executive director, with effect from 3 January 2012.
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PropertyEU Archive
JLL strengthens UK Corporate Solutions team
Jones Lang LaSalle has announced the appointment of Tracey Byer to head the firm's Markets Corporate Solutions initiative in the UK.
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PropertyEU Archive
European property developments face fresh credit squeeze
European lenders are hitting the brakes again on speculative property developments due to fresh market jitters and concerns about Basel II, a report by EC Harris concludes. Nearly half of property lenders at European banks are likely to either lend less or maintain the same level of lending over the ...
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PropertyEU Archive
Follow the Daily News at Expo Real
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 next month.
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PropertyEU Archive
Viridis kicks off spec development in London
Viridis Real Estate is to commence construction of a speculative office development in London on behalf of a private overseas client. Financial details were not disclosed.
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PropertyEU Archive
Hamborner REIT invests in Munich office project
Germany's Hamborner REIT has signed a preliminary agreement to buy the NuOffice project in Munich's Parkstadt Schwabing district from developer Hubert Haupt. The transaction volume of EUR 40 mln reflects a gross initial yield of 6%, and an internal rate of return of 8%.
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PropertyEU Archive
Unibail-Rodamco sold Dutch mall for EUR 110m
Europe's largest listed property company Unibail-Rodamco sold its Piazza mall in the Dutch city of Eindhoven to a Dutch consortium for just under EUR 110 mln, PropertyEU has learned. The consortium of buyers initially reported the deal on 21 September as the largest retail property transaction in the Netherlands this ...
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PropertyEU Archive
AEW Europe raises EUR 176m for French retail fund
Pan-European real estate investment manager AEW Europe has raised a further EUR 176 mln from institutional investors for its French core retail fund, Fondis. With leverage, the capital raise will provide the fund with a further EUR 320 mln of buying power.
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PropertyEU Archive
European hotels return 6.9% in 2010: IPD
The European hotel property sector returned 6.9% last year, compared to returns of 14.9% reported in the UK, according to the recently-launched IPD European Hotel Performance Report, which is sponsored by Jones Lang LaSalle Hotels, Invesco Real Estate and HVS.
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PropertyEU Archive
German central bank to sell EUR 4b of Lehman loans - report
The Bundesbank, Germany's Central Bank, has mandated AgFe to advise on the sale of over EUR 4 bn of property loans left by the collapse of Lehman Brothers in 2008, according to a news report in PropertyWeek.
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PropertyEU Archive
Bouwfonds buys residential assets in Germany and Sweden
Dutch real estate investment manager Bouwfonds has announced the acquisition of a student residential home in Stuttgart and two residential properties in Stockholm for a total of EUR 33 mln.
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PropertyEU Archive
Entries sought for Prime Property Awards
German fund manager Union Investment has announced that entries for the 2012 Prime Property Award must be submitted by 15 December 2011.
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PropertyEU Archive
Helical JV buys regeneration scheme in Birmingham
Helical Retail has exchanged contracts to purchase a 53,000-m[sup]2[/sup] site at Reddings Lane in Birmingham from Eaton Electric. The buyer is a joint venture between London-listed property company Helical Bar and Solihull-based Oswin Developments.
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PropertyEU Archive
ICSC calls for EU e-commerce retail fairness
The International Council of Shopping Centres (ICSC) will seek EU reassurance that a new policy framework will not adversely affect traditional retail stores, which contribute significantly to local economies and employment across Europe. The announcement by the ICSC follows the recent publication of the European Parliament Working Group report which ...
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PropertyEU Archive
Topland invests in Glasgow Hilton hotel
Private investment group Topland has acquired the Hilton Glasgow for almost £36 mln (EUR 41 mln).
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PropertyEU Archive
LaSalle purchases London office from Redevco
LaSalle Investment Management has acquired the long leasehold interest in 1-4 Connaught Place in London for over £22.5 mln (EUR 26 mln). The vendor was international property company Redevco.
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PropertyEU Archive
Patrizia to launch EUR 100m residential fund
German listed company Patrizia Immobilien is partnering with an unnamed pension scheme to launch a residential real estate fund. The fund will have an initial volume of EUR 100 mln.


