All PropertyEU Archive articles 鈥� Page 1727
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PropertyEU Archive
Ibus launches retail fund, shops in Germany
International privately-held investor Ibus has announced the launch of a new real estate fund targeting retail properties in Germany and The Netherlands, with a minor focus on France and the UK.
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PropertyEU Archive
Segro builds 28,000-m[sup]2[/sup] distribution platform for Casino
UK REIT Segro has been commissioned to develop a distribution platform in the municipality of Gonesse, in the northern part of the Ile de France region, for Distribution Casino France (DCF), part of French retail chain Casino.
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PropertyEU Archive
Canary Wharf, Qatari Diar buy Shell London project for 拢300m
Multinational oil conglomerate Shell International has picked Canary Wharf Group and Qatari Diar as the preferred parties to develop one of London's most sought-after construction sites - the Shell Centre on London's South Bank.
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PropertyEU Archive
Eurosic agrees EUR 350m GE portfolio deal in France
French real estate investment trust Eurosic has signed a preliminary agreement to acquire GE Capital Real Estate's EUR 346 mln office property portfolio in France.
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PropertyEU Archive
LGP starts 拢65m Covent Garden office development
Legal & General Property (LGP) on Friday started construction at its Covent Garden scheme in London's West End following the appointment of UK construction and regeneration group, Morgan Sindall. The investment in the project is planned to amount to 拢65 mln (EUR 74 mln).
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PropertyEU Archive
Accor divests Paris' Arc de Triomphe hotel
French hotel chain Accor has announced the disposal of the Sofitel Arc de Triomphe in Paris through a sale and management-back arrangement with a consortium of French private investors. The transaction price amounted to EUR 69 mln, including EUR 44 mln for the purchase of the hotel and a commitment ...
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PropertyEU Archive
CBRE, JLL agree global advisory mandates with HSBC
CB Richard Ellis (CBRE) and Jones Lang LaSalle (JLL) have been appointed by HSBC to serve as its global strategic property portfolio manager and regional transaction partners.
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PropertyEU Archive
Citycon appoints new head of Swedish operations
Swedish listed property firm Citycon has appointed Johan Elfstadius as head of Swedish operations and a member of the corporate management committee.
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PropertyEU Archive
UK real estate investors shift focus to regional assets: JLL
UK real estate investors stayed cautiously positive in the second quarter of 2011 as prime property continued to capture interest, according to the latest Jones Lang LaSalle UK Investor Confidence survey. This is despite second quarter investment volumes falling 24%, following a stellar Q1 2011 performance, boosted by the 拢1.6 ...
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PropertyEU Archive
Investor trio buys Telereal's Moorgate site for new development
MGPA's Europe Fund III has partnered US investment manager CarVal Investors and London-based Quadrant to acquire the Telereal Trillium / Royal Mail properties in the City of London. The purchase price was in the region of 拢35 mln (EUR 40 mln).
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PropertyEU Archive
Europa Capital, Warimpex sell Sobieski hotel in Warsaw
Europa Fund II, the private real estate investment fund managed by Europa Capital, and Vienna-listed Warimpex Finanz- und Beteiligungs have sold the 435-room Jan III Sobieski hotel in Warsaw and an adjacent 6,000 m[sup]2[/sup] office building to the Norwegian hotel investor and asset manager, Wenaasgruppen. The sale price was in ...
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PropertyEU Archive
Retail properties top investors' lists in Germany: Colliers
Retail property investment in Germany totalled nearly EUR 6 bn in the first six months of 2011, representing around 53% of commercial property transactions, according to a new research report by Colliers International.
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PropertyEU Archive
Rise in German student numbers creates investment opportunities: Savills
The German student apartment market is ripe for investment due a shortage of student halls places and the end of national military service, which is expected to boost student numbers, according to research by international real estate services firm Savills.
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PropertyEU Archive
Ireland's Nama posts EUR 1.1b loss in 2010
Ireland's state-run bad bank, the National Asset Management Agency (Nama) unveiled a loss of EUR 1.18 bn in its first year in operation as a result of massive impairment charges of EUR 1.48 bn.
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PropertyEU Archive
CBRE's net profit rises 12% in Q2
CB Richard Ellis (CBRE) posted net profit of $61.2 mln in the second quarter of 2011, a rise of 12% year-on-year and largely due to strong property leasing and sales activities.
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PropertyEU Archive
Uncertainty takes its toll on Irish returns in Q2: IPD
Doubt at home and abroad has seen Irish property returns fall back into negative territory in the second quarter of this year. The decline of 3%, was the lowest rate since September 2009, according to the SCSI/IPD Ireland Quarterly Property Index.
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PropertyEU Archive
Coopsette, Pizzarotti JV sells retail gallery in Parma for EUR 30m
A 50/50 partnership between Italian developer Coopsette and local construction firm Impresa Pizzarotti has sold the Eurosia retail gallery in Parma, northern Italy for around EUR 30 mln, PropertyEU has learnt.
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PropertyEU Archive
C&W closes $500m of senior debt agreements
Cushman & Wakefield (C&W) has completed $500 mln worth of new senior secured credit agreements in an attempt 'to provide greater flexibility and more favourable terms to support its global growth initiatives'.
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PropertyEU Archive
C&W adds to its EMEA facilities management team
Cushman & Wakefield (C&W) has hired Andrew Smart to transform the recently acquired Corporate Occupier Solutions into 'a major new service line' for the group.
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PropertyEU Archive
K枚ntgen appointed new chairman of Eurohypo
German bank Eurohypo has appointed Thomas K枚ntgen as new chairman of the board of managing directors with effect from 1 September 2011. He is taking over from Frank P枚rschke, who is leaving the bank by mutual agreement.
