All PropertyEU Archive articles 鈥� Page 1719
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PropertyEU Archive
Cushman & Wakefield Investors appoints finance director
Cushman & Wakefield Investors (CWI) has announced the appointment of John Tsang as finance director.Tsang, who is based in London, has over 19 years experience in the real estate industry, including 10 in the fund management sector.
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PropertyEU Archive
Poleczki Business Park awarded green certification
The Green Building Certification Institute (GBCI) in Poland has conferred gold LEED for Core & Shell pre-certification on the second construction phase of the Poleczki Business Park project. The scheme is being developed by a 50:50 joint venture between Austrian real estate companies CA Immo and UBM Realit盲tenentwicklung. CA ...
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PropertyEU Archive
UK leases become more flexible in difficult market: IPD
Lease structures in the commercial property sector have reached an unprecedented level of flexibility, according to the BPF/IPD Annual Lease Review, as landlords continue to adapt to find new tenants, and maintain existing tenancies.
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PropertyEU Archive
ECE and Metro form retail park joint venture
Shopping centre specialist ECE has formed a joint venture with German retail giant Metro to take over Metro's retail park operations. ECE and Metro Properties, the real estate arm of Metro, will each hold 50% in the joint venture named Metro-ECE Centermanagement (MEC). From 1 October, MEC is to take ...
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PropertyEU Archive
Knight Frank sells Passage Saint-Honor茅
Belgian apartments investor Chateau Promotion has acquired 8,000 m[sup]2[/sup] of office space on the upper levels of the Passage Saint-Honor茅 property in the centre of Brussels. The property was formerly occupied by the Ministry of Finance. Chateau Promotion has a building permit to redevelop the space into residential units.
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PropertyEU Archive
Sveafastigheter, Scius team up to search for Nordic opportunities
Nordic private equity group Sveafastigheter has entered into a co-operation agreement with Scius Partners regarding sourcing, execution and management of opportunistic property investments in the Nordic and Baltic markets.
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PropertyEU Archive
AXA REIM completes EUR 2.1b of deals in H1 2011
AXA Real Estate Investment Managers completed EUR 2.13 bn of transactions in Europe on behalf of its clients in the first half of 2011.
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PropertyEU Archive
Echo acquires Polish office complex for EUR 16m
Warsaw-listed developer and investor Echo Investment plans to acquire a 16,300 m[sup]2[/sup] office complex in the Polish city of Kielce. The share deal reflects an investment volume of PLN 67.50 mln (EUR 16 mln).
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PropertyEU Archive
Panattoni to develop 2nd distribution park near Warsaw
Industrial property developer Panattoni Europe is to build a second distribution facility in the Warsaw satellite town of 艗wi锚cice.
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PropertyEU Archive
Fennia sells 3 logistics assets in Finland
Insurance group Fennia Life has sold three logistics facilities in the Greater Helsinki area and in Tampere, Finland, for an undisclosed amount.
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PropertyEU Archive
Fabege enters EUR 548m interest swap
Stockholm-listed property company Fabege has entered interest-swap agreements totalling SEK 5 bn (EUR 548 mln) to hedge some of the interest rates on its loan portfolio.
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PropertyEU Archive
AFIAA appoints new CEO
AFIAA, the investment foundation for 23 Swiss pension funds focused on international commercial real estate, has announced the appointment of Norbert Grimm as CEO with immediate effect.
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PropertyEU Archive
Atrium on the prowl in Poland
Atrium European Real Estate is on the lookout for further acquisitions in Poland following the completion of its purchase of Promenada shopping centre in Warsaw earlier this year, CEO Rachel Lavine told PropertyEU during a press trip in the Polish capital last week.
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PropertyEU Archive
IFM drops convertible bond issue
IFM Immobilien has abandoned plans for a EUR 18 mln convertible bond issue. The Frankfurt-listed commercial property company said it took the decision to terminate the offer 'given the current market conditions'.
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PropertyEU Archive
Wegner & Schoofs sells retail centre in Eschweiler
Hamburg-based developer Wegner & Schoofs has sold a 12,000 m[sup]2[/sup] retail centre in Eschweiler, in the North Rhine-Westphalia region of Germany to a family office for an undisclosed amount.
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PropertyEU Archive
Wichford to merge with Redefine International
UK listed real estate company Wichford announced on Monday that its all-share offer for Redefine International (RI) has become unconditional.
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PropertyEU Archive
Trigranit gets building permit for EUR 160m Poznan project
CEE real estate developer TriGranit has received the green light to begin construction on its EUR 160 mln development project in Poznan, Poland. The groundbreaking ceremony is scheduled for the end of September, the company said in a statement.
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PropertyEU Archive
Scandic, Pandox agree EUR 173m investment in Nordic hotels
Swedish hotel property group Pandox is teaming up with Nordic hotel operator Scandic to invest SEK 1.6 bn (EUR 173 mln) in the upgrade and redevelopment of 40 existing hotels with 4,000 rooms in the Nordic countries.
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PropertyEU Archive
Morgan Stanley sells 3 Munich properties for EUR 36m
German asset manager Corpus Sireo has sold three office properties in Munich on behalf of Morgan Stanley. The investment volume for the assets that provide 23,000 m[sup]2[/sup] of floor space came to EUR 36 mln.
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PropertyEU Archive
Delek RE's shareholder to sell 51% stake
Israeli debt-laden property company Delek Real Estate said that its majority shareholder has signed a preliminary agreement to sell its 50.8% stake in the company to an unnamed foreign investment fund.
