All PropertyEU Archive articles – Page 1735
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PropertyEU Archive
Bredin joins Colliers EMEA corporate solutions team
Property adviser Colliers International has appointed Dominique Bredin as a director in its new EMEA Corporate Solutions team.
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PropertyEU Archive
Cordea Savills to develop student hall in Edinburgh
International fund manager Cordea Savills has completed the sale of two assets in the UK on behalf of its Student Hall Fund as it focuses on the development of a new project in Edinburgh.
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PropertyEU Archive
Degi International fund due to reopen in November
Aberdeen's Degi International fund is due to reopen in November, according to Dr. Hartmut Leser, head of distribution and country head for Germany and Austria at Aberdeen Asset Management. The move follows a disposal programme this year that has raked in EUR 270 mln.
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PropertyEU Archive
RICS' first non-British president takes office
Malaysian-born See Lian Ong has taken office as the first non-British president of the Royal Institution of Chartered Surveyors (RICS). Lian Ong's election in March this year to replace outgoing president Robert Peto reflects the increasing international role played by the standards organisation.
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PropertyEU Archive
M&G raises EUR 343m for European mezz fund
M&G Investment has raised EUR 343 mln for a mezzanine debt real estate fund. The European institutional investor announced this week that the final tally was achieved following three closings for the M&G Real Estate Debt Fund.
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PropertyEU Archive
Schroder fund acquires London asset for EUR 46m
The West End of London Property Unit Trust (Welput), a closed-end fund managed by Schroder Property, has acquired the mixed-use building at 7/8 St Martins Place in London from Italian fund manager EstCapital for £41 mln (EUR 45.7 mln). The price represents a net initial yield of 5.9%. Welput was ...
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PropertyEU Archive
Corio seals EUR 600m revolving credit facility
Listed Dutch retail property investor Corio said on Thursday it has successfully closed the syndication of a EUR 600 mln Revolving Credit Facility (RCF) that refinances the EUR 600 mln RCF agreement signed in April 2005.
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PropertyEU Archive
ECE launches EUR 740m shopping centre fund
German shopping centre specialist ECE has launched its first pan-European real estate fund focussing on the acquisition of existing shopping centres in Europe with value-creation potential.
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PropertyEU Archive
MSREI's De Poulpiquet relocates to Asia
Olivier de Poulpiquet, global co-head of Morgan Stanley Real Estate Investment (MSREI), is relocating from London to Singapore this summer in response to the 'exciting opportunities' in the Asian region.
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PropertyEU Archive
ING REIM pulls out of Aussie healthcare fund
ING Real Estate Investment Management (ING REIM) is selling its 60% interest in the company that manages its ING Real Estate Healthcare Fund (IHF) to Australian real estate investment manager APN Property Group. APN will also purchase the 1.4% stake in the fund owned by other ING entities. Financial details ...
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PropertyEU Archive
British Land in talks to buy health club properties - report
Major UK REIT British Land is in advanced talks to buy a £175m (EUR 195 mln) portfolio of properties in the UK that are occupied by Virgin Active health and racquet clubs, according to a report in the Financial Times. The vendor of the properties is Société Générale, which took ...
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PropertyEU Archive
Hemfosa-led consortium buys Saab property
A consortium of Swedish real estate investors led by Hemfosa has acquired the property portfolio of cash-strapped Swedish carmaker Saab Automobile for SEK 600 million (EUR 65.6 mln).
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PropertyEU Archive
UK mars DTZ’s improved performance in CEMEA
Brokerage firm DTZ reported pre-tax losses narrowed to £3.4 mln (EUR 3.8 mln) in the year to 30 April from £23.5 mln a year earlier. The improvement followed a 4% decline in revenue to £341.3 mln.
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PropertyEU Archive
Scott Malkin new chairman of ULI Europe
Scott Malkin, the founder and chairman of UK outlet shopping centre specialist Value Retail, has been named the new chairman of ULI Europe with immediate effect. He will succeed Alexander Otto, CEO of ECE Projektmanagement, who served as chairman for the last two-and-a-half years, ULI Europe said on Thursday.
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PropertyEU Archive
Redevco snaps up retail block in Spain for EUR 22m
Private Dutch real estate company Redevco has further strengthened its retail portfolio in Spain with the acquisition of a block of commercial properties in San Sebastián for EUR 22 mln.
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PropertyEU Archive
MPC fund acquires Siemens complex for EUR 31m
Fund manager MPC Capital has acquired a Siemens complex in Erlangen, Germany for EUR 30.9 mln. The complex, consisting of three office buildings, a staff restaurant and parking garage, were purchased on behalf of a new fund, MPC Germany 10.
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PropertyEU Archive
Alstria buys VastNed office portfolio in Germany for EUR 85m
German REIT Alstria Office has signed an agreement to acquire a German office portfolio from VastNed Office/Industrial for EUR 85 mln.
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PropertyEU Archive
London remains world’s second-most expensive logistics market: CBRE
London has maintained its position as the world’s second-most expensive market for distribution/logistics centres after Tokyo, according to a new report from CB Richard Ellis.
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PropertyEU Archive
PIK reappoints Pavel Grachev as chairman
PIK Group, a London-listed Russian real estate developer, has announced the reappointment of Pavel Grachev as chairman of the board.
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PropertyEU Archive
Unibail-Rodamco sells Dutch urban development to JV
Unibail-Rodamco, Europe's largest listed property company, has sold a mixed-use development in the centre of the southern Dutch city of Breda to a 50-50 joint venture formed by developers MAB and Dura Vermeer. The takeover sum was not disclosed.


