All PropertyEU Archive articles 鈥� Page 1706
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PropertyEU Archive
Europe faces low growth, CoreNet hears
A leading economist has predicted continuing slow growth in the near term for both the US and Europe, with the solution being a review of the role of finance in the real economy, during this week's CoreNet Global Summit in Paris.
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PropertyEU Archive
F&C trust to fund student housing development
F&C Commercial Property Trust has purchased the freehold of land at Burma Road, Winchester and entered into a development agreement with Osborne Developments to fund and develop student accommodation.
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PropertyEU Archive
Finnish investors favour home market: INREV
Institutional investors in Finland show a significant preference for the domestic market in their real estate investments, according to INREV's Investor Universe Finland Survey 2011. Around 80% of Finland's total real estate exposure is in domestic direct core investments. Only 12% of all Finnish real estate investments are made abroad.
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PropertyEU Archive
Hines' Postquartier project nears full lease-up
The Stuttgart office of US private developer and investor Hines has signed a long-term lease with the federal state of Baden-W眉rttemberg for 14,000 m[sup]2[/sup] of office space in Postquartier. Joining existing office tenant Deutsche Bahn, the project's office space is now fully leased, Hines said in a statement on Tuesday.
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PropertyEU Archive
Italian pooled funds post steady returns in H1 2011: IPD
Italian pooled property funds continued to deliver stable returns at 1.2% in the first half of 2011, according to the IPD's Italian Pooled Property Fund Indices (Italian PPFI).
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PropertyEU Archive
Lloyds to sell EUR 1.1b of bad loans - report
Lloyds is putting a 拢1 bn (EUR 1.1 bn) commercial property loan portfolio on the market, according to a news report in the Financial Times. JPMorgan Cazenove has been appointed to run the divestment process, which is said to be the first block sale to be executed by Lloyds. It ...
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PropertyEU Archive
France's CDC lends EUR 105m for Seine Arche projects
French state bank Caisse des Depots is providing a EUR 105 mln loan to the public management body of La Defense Seine Arche, known as Epadesa, for the further development and regeneration of the La Defense business district of Paris.
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PropertyEU Archive
Prologis leases 33,500 m[sup]2[/sup] of logistics space in the UK
US industrial property group Prologis has signed a lease for 33,445 m[sup]2[/sup] with Expert Logistics, a subsidiary of kitchen appliance specialist DRL Holdings. The company will occupy the entire Prologis Crewe 360 facility. 'The company is currently operating from a number of smaller buildings, so the move to Prologis Crewe ...
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PropertyEU Archive
AEW Europe clinches largest French logistics deal of 2011
Pan-European real estate investment manager AEW Europe has sealed the largest logistics investment transaction in France this year with the sale to Munich-based fund manager GLL Real Estate Partners of a portfolio of eight assets for EUR 177 mln.
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PropertyEU Archive
SWIP trust shops on Oxford Street at 4.3% yield
Scottish Widows Investment Partnership's Property Trust has acquired a retail property on Oxford Street in London. The investment volume of 拢76 mln (EUR 87 mln) reflects a net initial yield of 4.27%. Alexan, the vendor of Sedley Place, was advised by CB Richard Ellis.
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PropertyEU Archive
Al Faisal buys London hotel at 4% yield
Qatari investor Al Faisal is acquiring the W London-Leicester Square hotel-led mixed use scheme for close to 拢200 mln (EUR 230 mln), reflecting a net initial yield slightly over 4%. The vendor is Northern Irish property group McAleer & Rushe.
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PropertyEU Archive
Orion fund takes 50% in Leeds office park
A fund managed by Orion Capital Managers has acquired a 50% interest in a business park in the UK city of Leeds to form a joint venture with the owner. The investment volume for the transaction was not disclosed but it is believed to be in the region of 拢65 ...
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PropertyEU Archive
British Land secures major pre-let at Regent's Place
UK REIT British Land has agreed to pre-let 13,470 m[sup]2[/sup] of office space to Debenhams for a new headquarters at 10 Brock Street, Regent's Place, NW1. The office building is being developed as part of British Land's 46,000 m[sup]2[/sup] mixed-use development at the North East Quadrant (NEQ). Work started on ...
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PropertyEU Archive
Russian cities outperform in Colliers' office rent map
The office sectors of Moscow and St Petersburg saw impressive rental growth during the first half of 2011, in stark contrast to most other European markets.
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PropertyEU Archive
Multi, Corio's Spijkenisse project opens its doors
Multi Development and Corio announced completion on Tuesday of a city centre regeneration project in the Dutch town of Spijkenisse after 10 years of construction work.
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PropertyEU Archive
Infrared expands European real estate team
Infrared Capital Partners, the recently spun out real estate and infrastructure investment division of HSBC, has strengthened its European real estate team with three new appointments.
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PropertyEU Archive
Dassault buys Paris building for EUR 27m
French SIIC Immobiliere Dassault has announced the acquisition of a building in the seventh arrondissement of Paris for nearly EUR 27 mln. The identity of the vendor was not disclosed.
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PropertyEU Archive
Gagfah to sell Berlin portfolio for EUR 330m
German listed housing group Gagfah has signed an exclusive agreement to sell a residential real estate portfolio of about 4,800 apartments in Berlin to with GSW Immobilien.
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PropertyEU Archive
Robust leisure market sees 50bps hardening in yields: Savills
The UK commercial leisure market has experienced a sharp increase in investor demand which, combined with a continued lack of available product, has resulted in prime yields moving in by 50 bps from 6.75% in Q4 2010 to 6.25% in Q2 2011, according to data provided by real estate advisor ...
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PropertyEU Archive
Blackstone buys Mint hotel chain for EUR 687m
US private equity group Blackstone has taken control of Mint Hotels, a family run UK hotel chain. The purchase price said to be around 拢600 mln (EUR 687 mln).
