All PropertyEU Archive articles 鈥� Page 1713
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PropertyEU Archive
IRE spends EUR 55m on two UK acquisitions
Invesco Real Estate (IRE) has exchanged contracts to buy an office property in Bristol and a retail warehouse in north-east London for a total investment of 拢48 mln (EUR 55 mln). IRE is making the purchase on behalf of its UK III Fund.
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PropertyEU Archive
Skanska secures EUR 82m contract in Stockholm
Skanska has secured a construction contract for the redevelopment of a mixed-use property in Stockholm. The contract value is SEK 750 mln (EUR 82 mln), the company said.
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PropertyEU Archive
Fonci猫re des R茅gions abandons merger with FPF
French REIT Fonci猫re des R茅gions (FdR) has pulled the plug on its plan to merge with smaller peer Fonci猫re Paris France (FPF) due to volatile market conditions.
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PropertyEU Archive
CWI, SWIP acquire first asset for PURetail fund
Cushman & Wakefield Investors (CWI) and Scottish Widows Investment Partnership (SWIP) have acquired Kasernenstrasse 1 in the CBD of D眉sseldorf, on behalf of the Pan-European Urban Retail Fund (PURetail).
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PropertyEU Archive
CBREI shops in Berlin for Pan-European core fund
Global real estate investment manager CBRE Investors has made the first purchase in Germany for CB Richard Ellis Investors Pan-European Core Fund (PEC Fund). The fund - which has acquired four assets so far in Europe - has bought a retail complex in the centre of Berlin for an undisclosed ...
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PropertyEU Archive
LaSalle sells Mayfair site to Morgan Capital Partners
Morgan Capital Partners, acting for a private investor, has acquired a development property in Mayfair, London from LaSalle Investment Management. The financial details were not disclosed.
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PropertyEU Archive
C&W wins Grontmij management services mandate
Cushman & Wakefield (C&W) has been appointed by engineering consulting firm Grontmij as its sole provider of account management services and preferred provider for other transaction services.
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PropertyEU Archive
Goodman expands development team in Germany
Goodman has expanded its team in Germany with the appointment of Christof Prange and Lars Zimmermann. Both have extensive experience in the area of logistics real estate and will bolster Goodman's project development and acquisition activities in Germany.
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PropertyEU Archive
Investors push for disclosure of environmental performance
More than 340 property funds and companies, with real estate assets worth nearly $1 trl, have responded to a call for action by the GRESB Foundation to disclose information on environmental management and performance of their portfolio.
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PropertyEU Archive
Steen & Str枚m expands holdings for new Kristianstad mall
Nordic retail specialist Steen & Str枚m has announced the purchase of two further properties on a site in Sweden where it plans to develop a new 62,000-m[sup]2[/sup] shopping centre. The acquisitions of a cinema and a Burger King in Kristianstad, will allow the Scandinavian shopping centre group to start the ...
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PropertyEU Archive
McArthurGlen opens Roermond extension
Outlet centre specialist McArthurGlen has opened a 7,200 m[sup]2[/sup] extension at its Designer Outlet Roermond in the Netherlands. Based on the annual number of shoppers the Roermond asset is now the largest outlet centre in northern and western Europe, the company said.
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PropertyEU Archive
LNR Partners names new head of investment management
Commercial property finance specialist LNR Partners Europe has appointed Derek Rich as its new director of investment management and business development.
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PropertyEU Archive
EPRA panel sees institutional investors driving listed German market
Institutional investors will drive the further development of the listed market in Germany, predicted Ulrich Holler, CEO of DIC Asset, during a panel discussion at the annual EPRA conference in London last Friday. 麓The retail market is still far away,麓 he noted. 麓It will have to go the institutional way.麓
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PropertyEU Archive
IVG shares hit historic low
Shares in German commercial property group IVG have continued to slide over the summer, plummeting more than 50% in July and August alone and hitting a historic low of EUR 2.45 per share on August 31. On Friday 2 September, the share closed at EUR 2.58. Back in May, IVG's ...
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PropertyEU Archive
Energy refit needed for up to 65 million m2: Savills
Up to 65 million m[sup]2[/sup] of commercial floor space in the UK may need to undergo an energy efficiency overhaul by 2018, according to the latest 'Opportunities in Green' report released by Savills.
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PropertyEU Archive
Patrizia KAG buys office in Eindhoven for EUR 30m
Fund manager Patrizia Gewerbeinvest KAG has acquired the municipal office in the southern Dutch city of Eindhoven for EUR 30 mln. The vendor is privately owned asset manager Solidiam.
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PropertyEU Archive
European stocks down 8.7% in August: GPR
European listed property stocks, as represented by the GPR 250 Europe Index, finished 8.7% lower in August 2011. The returns for individual European country indices were all negative , with Italy, Spain and Poland reporting the biggest losses (-15.8%, -19.0% and -26.7% respectively).
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PropertyEU Archive
Wellcome Trust calls in Savills for South Kensington assets
The Wellcome Trust has appointed international real estate advisor Savills to provide professional service advice for its South Kensington portfolio in London.
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PropertyEU Archive
Atrium loses chief investment officer
J枚rg Banzhaf is stepping down as chief investment officer of CEE retail specialist Atrium European Real Estate at the end of the month. In a statement on Friday, the Jersey-domiciled closed-end investment company said Banzhaf is leaving for personal reasons. Atrium has yet to announce a successor.
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PropertyEU Archive
Real I.S. buys Dollart shopping centre in Emden
German fund manager Real I.S. has purchased the Dollart Center in the north-western German city of Emden for an undisclosed sum.
