All PropertyEU Archive articles 鈥� Page 1718
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PropertyEU Archive
Wiese named CEO of Sanus
Marc Wiese has been named the CEO of Berlin-based residential real estate company Sanus. Wiese - a trained estate agent - joins Sanus from Victoria Properties in Copenhagen, where he was national director for asset management and investment. Prior to that he held executive positions with German residential proeprty companies ...
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PropertyEU Archive
C&W to spearhead sport retailer's French expansion
Cushman & Wakefield has been appointed by UK sports retail chain JD Sports to assist with its expansion plans in France.
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PropertyEU Archive
Madrid office vacancy rate eases: Savills
Office vacancy rates in Madrid have eased in the second quarter of 2011, standing at 4.73% in the city's Central Business District (CBD), down from 5.31% in Q1 2011, according to international real estate advisor Savills.
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PropertyEU Archive
LGP launches leisure scheme in Trowbridge
Legal & General Property (LGP) has announced plans to create a new leisure destination for Trowbridge, England.
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PropertyEU Archive
Eurohypo provides EUR 100m for St Katherine Docks deal
German financier Eurohypo has provided 拢86.7 mln (almost EUR 100 mln) financing to Max Property Group for the acquisition of St Katherine Docks, London. Max, listed on London's junior AIM market, acquired the asset in a joint venture with an overseas family trust for 拢156.3 mln in late June.
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PropertyEU Archive
Norrporten sells Swedish portfolio for EUR 154m
Swedish property company Norrporten has announced the sale of its entire portfolio in Linkoping, Sweden and other eight assets in the cities of Sundsvall and Lule氓 to local investor Fastighetsaktiebolaget Lilium for SEK 1.4 bn (EUR 154 mln).
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PropertyEU Archive
Maximum loan size doubles to EUR 200m in Germany: CBRE
The maximum loan size in Germany has doubled to EUR 200 mln in a single quarter, CB Richard Ellis (CBRE) has revealed in its Q2 2011 European Capital Markets report. Competition between lenders to finance prime transactions in this core market has allowed Germany to defy the trend of tightening ...
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PropertyEU Archive
SEB fund acquires Warsaw office for EUR 38m
SEB Asset Management has acquired a fully let office property in Warsaw from Investec GLL Global Special Opportunities Real Estate Fund, which is managed by GLL Real Estate Partners. The asset was acquired for EUR 38 mln and is being contributed to the portfolio of SEB Europe REI, a German ...
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PropertyEU Archive
PEPR unveils EUR 97m unit offer
Euronext-listed fund ProLogis European Properties (PEPR) has announced an offering of up to EUR 97.5 mln new ordinary units to speed up the deleveraging of the business.
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PropertyEU Archive
Aviva trust buys Malmaison Aberdeen in leaseback deal
London-listed hotel specialist MWB has announced the sale-and-leaseback of its Malmaison hotel development in Aberdeen for 拢16.1 mln (EUR 18 mln). MWB said that the investment volume reflected a yield it considered to be a strong outcome in the current market environment.
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PropertyEU Archive
Bank consortium funds Deutsche Post portfolio deal
A consortium of German and French banks has agreed to extend a EUR 328 mln real estate financing to Toronto-listed Dundee International REIT. The financing relates to the acquisition by Dundee International REIT of nearly 300 logistics and commercial properties mostly let to Deutsche Post (75%), with an average term ...
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PropertyEU Archive
MFI buys L枚hrhof mall in Germany
German retail specialist MFI has acquired the L枚hrhof Center shopping centre in the Ruhr region of the country. The vendor was Henderson Global Investors鈥� Deutsch Shopping Center Fund.
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PropertyEU Archive
More distressed properties coming to market: RICS
The level of distressed properties coming to market is set to continue to rise globally in line with increasing investor demand, according to the Royal Institution of Chartered Surveyors (RICS).
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PropertyEU Archive
NSI-Vastned O/I merger vote postponed
Nieuwe Steen Investments has postponed a vote on its proposed merger with fellow Amsterdam-listed real estate company Vastned Offices/Industrial after failing to get the required quorum for a shareholders meeting this week.
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PropertyEU Archive
Goodman leases 30,000m[sup]2[/sup] to DSV in Venlo
International distribution centre specialist Goodman has signed a leasing and pre-committed development agreement with logistics company DSV Solutions for the storage and handling of products for Advanced Medical Nutrition (Nutricia) in the Dutch city of Venlo. This will bring the total amount of space leased to DSV in the ...
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PropertyEU Archive
ATP Real estate commits EUR 100m to two US funds
Danish pension fund ATP has committed $145 mln (EUR 100 mln) in two US real estate funds so far this year. The move is part of by the pension fund's property arm, ATP Real Estate, to plough EUR 700 mln into funds and other joint venture strategies.
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PropertyEU Archive
LSP gets EUR 114m refinancing for City offices
UK REIT London & Stamford Property (LSP) has completed a 拢100 mln (EUR 114 mln) refinancing with Santander Corporate Banking and DekaBank. The refinancing is secured against LSP's City of London office assets at One Fleet Place and One Carter Lane, acquired in January 2009 and April 2011 respectively.
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PropertyEU Archive
Peakside sells asset in Berlin for EUR 12m
Peakside Capital has concluded the sale of a mixed-use asset in Berlin on behalf of Peakside Real Estate Fund I. The asset was acquired by a private investor for more than EUR 12 mln.
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PropertyEU Archive
Russian fund buys London retail unit for sub 3% yield
A Russian investor is acquiring the Rolex Retail unit at One Hyde Park in London for a net initial yield below 3%. The high-end retail unit within the One Hyde Park residential development is located adjacent to the Mandarin Oriental Hotel in Knightsbridge.
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PropertyEU Archive
Henderson makes appointment to Herald fund
Henderson Global Investors has hired Sam Cotton as assistant European retail asset manager for its EUR 930 mln European Retail Property fund (Herald). Cotton will be based in Henderson鈥檚 London office and will be responsible for assisting with the implementation of Herald's asset management strategy.
