All PropertyEU Archive articles 鈥� Page 1716
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PropertyEU Archive
Invesco aims to double equity in hotel fund by year-end
Invesco Real Estate (IRE) aims to double the initial equity of its second pan-European hotel fund to around EUR 170 mln by the end of the year, Simon Redman, head of product management, has told PropertyEU. 'We are looking at a few deals. I hope we will have at least ...
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PropertyEU Archive
Multi, AM start work on New Hague Passage
The Dutch arm of Multi Development has announced the start of construction for its New Hague Passage project in partnership with developer AM. The scheme - designed by T+T Design, Multi's in-house design company - involves an investment of around EUR 80 mln.
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PropertyEU Archive
Worsening bank crisis may hit property deals
The renewed market focus on the financial problems of Italy and Spain, and subsequently European banks could ultimately have a negative impact on property transactions, Rob Wilkinson, Chief Investment Officer at AEW Europe, told PropertyEU. 'The difficulties in the interbank market could once again create flow-on effects for borrowers with ...
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PropertyEU Archive
ECE in talks to buy first Italian mall
Germany's ECE Projektmanagement is in due diligence to acquire the Megal貌 shopping centre in the central Italian city of Chieti from SEB Asset Management, PropertyEU has learned. A source close to the negotiations process confirmed on Tuesday that the company is in advanced talks to buy the shopping centre in ...
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PropertyEU Archive
Hochtief sells Casanova scheme in Stuttgart
Hochtief Projektentwicklung has sold the Casanova mixed-use building in Stuttgart, Germany, to Plusalpina Real Estate Advisors, a subsidiary of Frankfurt-based property management group Conren Land. The companies agreed not to disclose the financial details of the transaction.
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PropertyEU Archive
Stocks tumble on debt fears
European real estate stocks have dropped sharply over the summer on the back of mounting fears over a double dip recession. The unfolding of the eurozone's debt crisis, coupled with prospects for slower economic growth, has sent shockwaves through the listed sector, prompting a nearly 16% share price drop throughout ...
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PropertyEU Archive
Westimmo's new lending business down 78% in H1
German lender Westdeutsche ImmobilienBank (Westimmo) saw its new lending business volume plunge 78% in the first half of 2011 due to the ongoing sale process.
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PropertyEU Archive
Asians pip Europeans at the post in H1 deal dash
Listed Asian listed buyers pipped their European peers at the post by seizing two of the three biggest deals in the UK in the first half of this year, transaction data compiled by PropertyEU indicates. If not for the acquisition of the Trafford Centre in Manchester by London-listed Capital Shopping ...
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PropertyEU Archive
Industrial vacancy rates drop to 11.8% in Central Europe: C&W
Companies present in Central Europe showed keen interest in taking space at modern industrial properties during the first six months of 2011, according to a new research report issued by Cushman & Wakefield (C&W).
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PropertyEU Archive
PropertyEU Magazine - September 2011
The September 2011 edition of PropertyEU Magazine looks at the Top European investors. Listed property companies lag behind their non-listed counterparts in the race for the biggest investment deals in Europe, PropertyEU's annual ranking of top investors for H1 2011 and full-year 2010 reveals. Private equity investors and institutional players ...
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PropertyEU Archive
French REIT sells Paris office for EUR 63m
French REIT Fonci猫re des 6猫me et 7猫me arrondissements de Paris has announced the sale of an office building for EUR 63 mln.
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PropertyEU Archive
Apollo set to buy Westimmo
State-controlled German bank WestLB is in exclusive talks to sell its real estate finance unit Westimmo to private equity investor Apollo Global Management, PropertyEU Magazine reports.
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PropertyEU Archive
Ecorys appoints new real estate partner
European research and consulting group Ecorys has announced the appointment of Jan Prins as associate partner of its real estate development division.
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PropertyEU Archive
CMBS market emerges from the shadows
Europe's CMBS market is emerging from the shadows after four years in the doldrums, sending a signal to the market that it is once again a credible source of debt capital. In August, Deutsche Bank underwrote 拢450 mln (EUR 513 mln) of new UK loans which are likely to form ...
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PropertyEU Archive
Multi to open major two Dutch inner-city schemes in September
European retail developer Multi Corporation is set to open two urban projects in the Netherlands in September. The projects include the first expansion phase of downtown Nieuwegein near Utrecht, and the new town square (Stadsplein) of Spijkenisse near Rotterdam.
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PropertyEU Archive
Moody's upgrades PEPR following unit offering
Moody's Investors Service has upgraded Prologis European Properties' (PEPR) corporate credit rating to Baa3, with stable outlook, from Ba1.
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PropertyEU Archive
Fresh jitters unnerve market
The transaction market began 2011 with gusto but the ongoing debt crisis has gradually whittled away at investor confidence and cast a shadow over H2.
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PropertyEU Archive
Prologis renews 300,000m[sup]2[/sup] in CEE during Q2
Prologis, the global industrial real estate group, announced it extended more than 300,000 m[sup]2[/sup] of lease agreements in Central & Eastern Europe during the second quarter of 2011.
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PropertyEU Archive
Eurohypo launches EUR 1b jumbo mortgage Pfandbrief
Eurohypo, a subsidiary of Commerzbank, has issued its third jumbo Pfandbrief of the year. The Eschborn-based bank - Europe's largest Pfandbrief issuer - placed a two-year jumbo mortgage Pfandbrief with a benchmark volume of EUR 1 bn within a matter of hours.
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PropertyEU Archive
Resolution acquires McArthurGlen Roubaix for EUR 23m
Resolution Property has acquired McArthurGlen Roubaix, an outlet centre near Lille in France managed by McArthurGlen Designer Outlets, for EUR 23 mln. The vendor is the EUR 1.5 bn European Outlet Mall Fund (EOMF), managed by Henderson Global Investors.
