All PropertyEU Archive articles – Page 1739
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PropertyEU Archive
ULI conference: 'Industry needs consistent sustainability metrics'
A consistent approach to measuring the environmental performance of buildings and real estate investment portfolios is needed to engender real progress in the field of sustainability, the ULI trends conference in Amsterdam heard last week.
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PropertyEU Archive
RICS names director of European operations
The Royal Institution of Chartered Surveyors (RICS) has appointed Judith Gabler to the newly created position of director of operations in the EMEA region. Gabler (50) is based in Frankfurt and currently heads the German arm of RICS. In his new role, he will support the national activities of RICS ...
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PropertyEU Archive
SLI poaches LaSalle manager for Paris office
Global real estate manager Standard Life Investments (SLI) has announced the appointment of Séverine Laffineur as European Portfolio Manager in its Paris Office. Laffineur will join SLI on 18 July 2011, reporting to Daniel Mchugh.
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PropertyEU Archive
Metrovacesa shareholders back EUR 1.95b capital increase
Around 99% of shareholders in Spain's largest listed property firm, Metrovacesa, have given their approval to a EUR 1.95 bn capital increase during a general shareholder meeting held on Tuesday.
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PropertyEU Archive
Futureal to invest EUR 100m in development partnerships
Hungarian developer Futureal aims to invest EUR 100 mln of equity through development partnerships over the next two years to jumpstart stalled projects in Central and Eastern Europe (CEE).
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PropertyEU Archive
KF Fastigheter buys 2 assets for EUR 26m
Swedish retail property company KF Fastigheter has bought the Årdret 3 and Välten 10 retail assets in Lund, Southern Sweden, from developer Paulssons Group. The transaction price amounts to SEK 240 mln (EUR 26 mln).
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PropertyEU Archive
Minerva backs EUR 226m takeover offer
Listed London real estate developer Minerva has given its backing to a £202.6 mln (EUR 226 mln) takeover offer from a consortium led by Delancey and Area Property Partners. Under the terms of the deal Minerva's shareholders would receive 120.5 pence per share from the consortium's special purpose vehicle, Jupiter ...
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PropertyEU Archive
Aedes sells EUR 80m Rome asset
Italian property company Aedes has signed a preliminary agreement to sell a commercial building at Via Manzoni 65 in Rome to an undisclosed buyer. The transaction involves a cash price of EUR 8.5 mln and the transfer of roughly EUR 74 mln of debt.
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PropertyEU Archive
British Land buys Hutchison Whampoa HQ for EUR 82m
UK REIT British Land has purchased the 18,400-m[sup]2[/sup] Grenfell Island mixed-use scheme in Maidenhead town centre, England. The investment volume of £74 mln (EUR 82 mln) reflects a net initial yield of 7.5%.
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PropertyEU Archive
Acron places new Swiss fund, buys Fiege asset
Swiss investment manager Acron has placed a new closed-end investment fund, Acron Helvetia V Immobilien, with three private investors.
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PropertyEU Archive
Deutsche Bank places landmark European CMBS
The London branch of Deutsche Bank on Tuesday completed the placing of a £302 mln (EUR 336 mln) Commercial Mortgage Backed Securitisation (CMBS), in the first European CMBS public offering since the onset of the credit crisis in 2007.
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PropertyEU Archive
Trigranit parent ties up with China's HNA in development venture
Demján Group, the majority shareholder in Budapest-based CEE developer Trigranit, is linking up with one of the top Chinese private conglomerates to cooperate in a number of areas including large real estate projects.
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PropertyEU Archive
DIC sells office complex at MainTor
German listed real estate company Deutsche Immobilien Chancen (DIC) has announced the forward sale of an office complex at the MainTor project in Frankfurt. The buyer is Frankfurt-based private Professor Carlo Giersch.
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PropertyEU Archive
Unieco sells Fidenza shopping park to Cordea Savills
Italian private real estate developer Unieco has divested the Fidenza shopping park near Parma, Northern Italy, to fund manager Cordea Savills' Radegonda closed-end investment fund for institutional investors. The transaction - the first acquisition for the newly-launched Radegonda fund - amounts to around EUR 40 mln.
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PropertyEU Archive
Reyal Urbis seeks new debt refinancing
Spanish listed office property company Reyal Urbis said this week that it has resumed discussions with its creditor banks regarding a new refinancing of its debt in light of the 'continuing deterioration of the real estate market'.
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PropertyEU Archive
Deutsche Pfandbrief provides loan facility to EPISO
pbb Deutsche Pfandbriefbank, the core bank of Germany’s HRE Group, has provided a GBP94.25mln loan facility to European Property Investors Special Opportunities fund, which is co-advised by Tristan Capital and AEW Europe.
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PropertyEU Archive
Keen to expand Rzeszów mall in Poland
Keen Property Partners Retail (KPP Retail) has received a building permit to connect Rzeszów Plaza shopping centre to the adjacent E.Leclerc hypermarket. The work will increase the retail space at the shopping centre in south-eastern Poland by 5,000 m[sup]2[/sup] to 19,500 m[sup]2[/sup].
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PropertyEU Archive
Sagax makes further purchase in Stockholm
Listed Swedish property company Sagax has signed its third acquisition in Stockholm in a week with the purchase of the Vitå 1 property in Kista, Northern Stockholm, for SEK 198 mln (EUR 21.5 mln), representing a net initial yield of 8%. The acquisition is financed with equity and with a ...
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PropertyEU Archive
Max JV seals EUR 174m Central London deal
A 60/40 joint venture between Max Property Group and Newmarket Property Holdings, a subsidiary of an overseas family trust, has agreed to purchase the freehold St Katharine Docks from St Katharine's Investments. The cash consideration of £156 mln (EUR 174 mln), net of acquisition costs, equates to a capital value ...
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PropertyEU Archive
UK legacy loans could take 5 years to resolve, IPF told
The total commercial property lending market in the UK contracted to around £290 bn (EUR 329 bn) last year from £305 bn in 2009, delegates at a recent Investment Property Forum event in London heard.


