All PropertyEU Archive articles 鈥� Page 1710
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PropertyEU Archive
F&C REIT buys regional UK malls for 8.6% yield
F&C REIT has exchanged contracts for the acquisition of shopping centres in Barnsley and Middlesbrough in a club deal totalling 拢108 mln (EUR 126 mln). The acquisition marks a blended net initial yield of 8.6%.
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PropertyEU Archive
Allianz buys 80% stake in Frankfurt's Skyline Plaza mall
German insurer Allianz has acquired an 80% stake in the Skyline Plaza in Frankfurt/Main from CA Immo Deutschland and Hamburg-based developer ECE for EUR 360 mln. CA Immo and ECE have each retained a 10% stake in the shopping mall which is due to open in autumn 2013.
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PropertyEU Archive
Hines' first outlet centre in Russia hits 90% pre-let
Outlet Village Belaya Dacha, Russia's first outlet village project developed by a partnership of Hines and the Belaya Dacha Group, has reached a pre-leased occupancy rate of 90% nearly a year before opening.
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PropertyEU Archive
Amplion named adviser for Temple portfolio
AEW Europe and Tristan Capital Partners have mandated Amplion Asset Management as a strategic advisor for the Temple portfolio. The Temple portfolio comprises 259 retail properties over 224,000 m[sup]2[/sup] of space across Finland, mainly leased to Suomen L盲hikauppa (SLK).
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PropertyEU Archive
IVG appoints new CFO and COO
Germany麓s largest listed company IVG Immobilien has appointed Hans Volkert Volckens as chief financial officer (CFO) and Christian K眉hni as chief operating officer (COO).
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PropertyEU Archive
Finnish investors set up Russian investment arm
Listed property firm Sponda has announced it is partnering with several other Finnish groups to establish a new real estate investment company focusing on investments in the Moscow and St Petersburg markets.
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PropertyEU Archive
Rockspring secures planning for Centurion House
Rockspring Property Investment Managers and its development partner, Charterfield Asset Management, have secured a resolution to grant planning permission for the redevelopment of Centurion House, EC3, into a new 80,000 sq ft (7,400 m2) Grade A office building.
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PropertyEU Archive
RICS launches valuer registration scheme in Continental Europe
The Royal Institution of Chartered Surveyors (RICS) has announced the launch of a Valuer Registration Scheme in continental Europe in a bid to raise confidence in valuation advice and reinforce professional standards in property valuation.
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PropertyEU Archive
Henderson forward funds French retail warehouse scheme
Henderson Global Investors' property business has agreed to provide equity funding for a 18,206 m[sup]2[/sup] retail unit being developed in the French town of Creil. Financial details were not disclosed.
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PropertyEU Archive
DIC Asset sees 'huge' demand for Frankfurt office scheme
Listed German office provider DIC Asset is confident it will secure significant pre-letting for its new MainTor office development in Frankfurt, CEO Ulrich Holler told PropertyEU. 'Frankfurt has a 12-13% vacancy rate, but there is huge demand for top-quality prime space. We have just started construction on the MainTor and ...
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PropertyEU Archive
CBRE bolsters retail presence in UK with acquisition
CB Richard Ellis Group (CBRE) is boosting its presence in the UK retail sector with the purchase of Michael Peddar & Company, a retail property specialist focusing on the luxury goods and lifestyle sectors.
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PropertyEU Archive
Amplion to focus on Finnish funds business
Amplion Asset Management, part of the Catella Group, has announced it is winding down its presence in Sweden and Russia to focus on developing its fund management business based in Finland. In Finland, Amplion operates a value added/opportunistic property fund with institutional capital in investor clubs.
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PropertyEU Archive
DIC Group appoints new CFO
Deutsche Immobilien Chancen Group (DIC Group) has announced the appointment of Sonja W盲rntges as new Chief Financial Officer, replacing Van Meenen who is leaving the company to pursue new opportunities.
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PropertyEU Archive
Prologis sells bulk of Korean assets
Global distribution property group Prologis has sold eight wholly-owned assets in South Korea, as well as its interest in the Prologis Korea Fund.
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PropertyEU Archive
Delegates get voice in Mapic Awards
Delegates attending the Mapic retail real estate fair in Cannes in November will have a say in picking the winners of the Mapic Awards. The organisers have announced that a new dimension has been added to the retail awards, with the votes in a 'plebiscite of the delegate' being added ...
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PropertyEU Archive
INREV signals disconnect between fund managers and investors
Investors and fund managers could benefit from more transparent conversations around fund termination decisions and a much earlier start to their discussions on the subject, according to Lonneke L枚wik, director research and information at the European association of investors in non-listed real estate funds (INREV).
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PropertyEU Archive
Greek developer starts construction of Bulgaria's Sofia Ring Mall project
Greece's Danaos Development has selected Glavbolgarstroy and Arcon Constructions as the main construction companies for the Sofia Ring Mall project in the Bulgarian capital.
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PropertyEU Archive
Central London remains strongest sub-sector: CBRE
There was a slight slowdown in UK commercial property total returns this month, with the All Property figure dropping to 0.5% from 0.6% in July, according to the latest data issued by CB Richard Ellis. This was largely a result of a slight deterioration in retail sector performance, where continued ...
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PropertyEU Archive
LGP starts development at Coliseum leisure park
Legal & General Property (LGP) has secured a pre-let with Travelodge for its development site at Coliseum Leisure Park, near Liverpool, enabling it to kickstart its plans to build a 77-bed hotel based above two restaurant units.
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PropertyEU Archive
Terrace Hill gets green light for 8,000 m[sup]2[/sup] of retail projects
UK property development and investment group Terrace Hill has received a minded to grant recommendation with regard to two of its current planning applications, a Sainsbury's supermarket at Riverside Road in Sunderland and an Asda supermarket in Skelton, East Cleveland.
