All PropertyEU Archive articles 鈥� Page 1725
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PropertyEU Archive
Investment in German logistics plunges 17% in H1: Colliers
German logistics and industrial real estate investments fell by 17% to EUR 587 mln in the first six months of 2011, according to new research by Colliers International. The figure goes against the overall trend, which has seen commercial property transactions rise by 24% year-on-year to a total of EUR ...
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PropertyEU Archive
Sonae Sierra posts EUR 13m profit in H1
International shopping centre specialist Sonae Sierra said on Thursday it posted net profit of over EUR 13 mln in the first half of 2011, compared to EUR 648,000 in the same period in 2010.
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PropertyEU Archive
Generali closes purchase of further 27% in Citylife
The real estate arm of Italy's largest insurance group Generali has finalised the purchase of a further 27.2% interest in the flagship CityLife urban regeneration project in Milan for a total of EUR 110 mln. The vendor is insurance group Fondiaria Sai. The closing follows the go-ahead from antitrust authorities ...
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PropertyEU Archive
Capital Group sells $300m portfolio to UFG RE
Russian real estate developer Capital Group is selling two office properties and a shopping centre to UFG Real Estate and an unnamed business partner. Although the financial details were not disclosed, the deal is said to amount to over $300 mln (EUR 211 mln).
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PropertyEU Archive
VIB Verm枚gen invests EUR 33m in logistics assets
Germany's VIB Verm枚gen is investing EUR 33 mln in four logistics properties in Germany after having raised funds of nearly EUR 30 mln through a rights issue in June.
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PropertyEU Archive
Swiss Life buys 5 care facilities from Hochtief
Development group Hochtief Projektentwicklung has sold five care facilities with a total of 309 beds in the German cities of Lahnau, Schwalbach, Heusweiler, Burladingen and Altenm眉nster to the life assurer Swiss Life. The companies agreed not to disclose financial details.
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PropertyEU Archive
CBRE expands UK debt advisory team
CB Richard Ellis (CBRE) has appointed Adam Wilton as senior director to strengthen its UK Debt Advisory division, which originated nearly EUR 1 bn of new loans across Europe last year.
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PropertyEU Archive
Immofinanz resumes dividend payout as earnings bounce back
Immofinanz Group has resumed dividend payouts following a sharply improved performance over the 2010/11 financial year ended on 30 April 2011. The company is proposing a dividend of 10 cents per share after a strong surge in fourth-quarter profits lifted full-year net earnings by 60% to EUR 313.5 mln. ...
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PropertyEU Archive
Immofinanz buys mall development site in Lublin
Austrian listed property group Immofinanz has bought a shopping centre development site in a inner-city location in Lublin, Poland for an undisclosed amount.
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PropertyEU Archive
SCD sells Hungarian lake development to consortium
Hungarian property developer SCD is selling its 50% stake in the Lake Balaton development portfolio to a consortium of investors represented by the newly-created Turisztika Hung谩ria vehicle. Financial details were not disclosed.
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PropertyEU Archive
Bank Austria finances EUR 110m portfolio deal in Vienna
Bank Austria, part of the Unicredit Group, has provided financing for Cimit Holding's acquisition of a portfolio of 53 residential and commercial buildings in Vienna. The EUR 110 mln transaction is one of the largest real estate acquisitions signed this year in the Austrian capital.
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PropertyEU Archive
London & Stamford buys Tesco distribution unit for EUR 26m
London & Stamford Property has exchanged contracts to purchase a distribution unit in Harlow for 拢23 mln (EUR 26 mln), excluding costs, reflecting a property yield of 7.5%.
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PropertyEU Archive
Hamborner adds EUR 36m of assets to its portfolio
Germany's Hamborner REIT has announced the acquisition of two properties in Erlangen and Offenburg, bringing its total portfolio value to around EUR 487 mln.
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PropertyEU Archive
Allianz teams up with Archstone in the US multi-family sector
Allianz Real Estate has launched a strategic real estate investment with Archstone in the US residential sector, starting with co-investments in two apartment communities. The Allianz investment commitment is over $200 mln (EUR 144 mln).
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PropertyEU Archive
British Land, Oxford appoint contractor for Cheese Grater project
British Land and Oxford Properties have appointed construction giant Laing O鈥橰ourke as the main contractor for their flagship development project in the City of London, nicknamed the Cheese Grater.
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PropertyEU Archive
Aviva Investors launches four UK funds
Aviva Investors has announced the launch of four specialist real estate funds, which it says are aimed at addressing the current under-funding issues being experienced by UK pension schemes.
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PropertyEU Archive
Terreis buys vacant office in Paris from Redevco
French REIT Terreis has acquired a 2,600 m[sup]2[/sup] office property in the 8th arrondissement of Paris from Dutch privately-held group Redevco for over EUR 17 mln.
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PropertyEU Archive
Kulczyk Silverstein Properties buys Warsaw office
Kulczyk Silverstein Properties (KSP) has announced its first purchase in Europe with the acquisition of the Stratos Office Center located in the central business district of Warsaw, Poland. The fully-let office complex, which was completed in 2000 and has a GLA of around 11,000 m2, was acquired from Pramerica Real ...
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PropertyEU Archive
CS Euroreal sells in Dortmund and Lille
Credit Suisse's CS Euroreal open-ended real estate fund has sold two properties in Dortmund, Germany and one asset in Lille, France in a bid to increase liquidity and meet investors' redemption demand.
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PropertyEU Archive
Henderson to develop mixed-use scheme in London's Soho
Henderson Global Investors has been given planning permission for a prime mixed-use scheme in the heart of Soho, in London, on behalf of its 拢700 mln (EUR 860 mln) Central London Office Fund I.
