All PropertyEU Archive articles 鈥� Page 1741
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PropertyEU Archive
Real estate continues to dominate 'alternative' asset class
Real estate continues to dominate 'alternative' investment asset classes, representing around two-thirds of total allocation, according to the new edition of the European Institutional Asset Management Survey (EIAMS) supported by Invesco Real Estate.
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PropertyEU Archive
M茅diacit茅 cancels IPO due to 'unfavourable' conditions
Belgian developer Wilhelm & Co has cancelled plans to list nearly EUR 200 mln worth of certificates backed by the 45,000-m[sup]2[/sup] M茅diacit茅 shopping centre in Li猫ge, citing 'unfavourable market conditions'.
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PropertyEU Archive
NewRiver scoops four shopping centres in the UK
NewRiver has announced the acquisition of four freehold shopping centre assets from Zurich Assurance for around 拢68 mln (EUR 76 mln), reflecting a net initial yield of 8%. In a statement on Monday, the UK retail property company said it is partially funding the deal with the issue of nearly ...
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PropertyEU Archive
ULI conference: cities need to improve transparency on risk
Europe's cities need to be more transparent and provide better risk scenarios in their drive to attract real estate investment. That was one of the conclusions of a panel devoted to the subject of 'Winning Cities' at the ULI trends conference in Amsterdam last week.
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PropertyEU Archive
Land Secs completes sale of Sainsbury's store
The Harvest Limited Partnership, a joint venture between Land Securities and J Sainsbury, has completed the 拢51 mln (EUR 57.5-mln) sale of the existing 7,400-m[sup]2[/sup] Sainsbury's store site in Wandsworth, London to Prupim, acting on behalf of the M&G Secured Property Income Fund.
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PropertyEU Archive
Skanska divests logistics property in Gothenburg
Skanska has divested a logistics property in Gothenburg for SEK 305 mln (EUR 33 mln). The buyer is an investment consortium of Wilfast F枚rvaltning and Norwegian Ness Risan & Partners.
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PropertyEU Archive
Spanish mall supply increases as foreign players dominate market: Savills
Up to EUR 1 bn worth of Spanish shopping centres are expected to come onto the market in the next few months after a slow start of the year, according to international real estate advisor Savills.
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PropertyEU Archive
Resolution hires hotel specialist to explore market opportunities
European real estate investor Resolution Property has appointed hotel market specialist Mads Heideby to explore further investment opportunities in the UK and Continental hospitality sector.
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PropertyEU Archive
NPRO unveils EUR 190m revamp of Oslo mall
Norwegian Property (NPRO) has unveiled details of a NOK 1-1.5 bn (EUR 128 - 190 mln) redevelopment of its Aker Brygge shopping centre to create a new business and retail centre in the Norwegian capital.
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PropertyEU Archive
Gecina bags C2 office project for EUR 69m
French SIIC Gecina has acquired the C2 office development project in the new Les Docks district of Saint Ouen, France from local developer Nexity. The investment volume of about EUR 69 mln reflects a net initial yield of 8%.
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PropertyEU Archive
IRE buys Swedish logistics asset for EUR 33m
Invesco Real Estate (IRE) has purchased a 45,300-m[sup]2[/sup] logistics property at Torsvik Logistics Park in the southern Swedish city of J枚nk枚ping for EUR 33 mln.
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PropertyEU Archive
Sagax buys two assets in Stockholm for EUR 35m
Swedish commercial real estate company Sagax has acquired two properties in Stockholm for SEK 345 mln (EUR 38 mln) and sold three other assets for SEK 194 mln.
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PropertyEU Archive
CNMV finalises Edison building buy in Madrid for EUR 71m
Spain's stock market regulator Comisi贸n Nacional del Mercado de Valores (CNMV) has completed the purchase of the Edison building in central Madrid after receiving the final go-ahead from the Cultural Heritage Commission (Direcci贸n General de Patrimonio). The vendor is insurance group Mutua Madrile帽a. The transaction price amounts to EUR 71 ...
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PropertyEU Archive
Cap&Reg sells Morfa shopping park for EUR 90m
UK property company Capital & Regional said on Friday that the Junction Fund has exchanged unconditional contracts for the sale of Morfa Shopping Park in Swansea, Wales to The Crown Estate for 拢80 mln (EUR 90 mln). Completion of the sale is anticipated to take place on 27 June 2011.
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PropertyEU Archive
Atenor sells Brussels project to Ethias Group
Belgian listed property developer Atenor has announced the sale of the UP 38 office building in Brussels to bank and insurance group Ethias for an undisclosed amount.
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PropertyEU Archive
Deals revival spurs jump in salaries: Bohill Partners
The pick-up in European real estate investment activity over the past year is spurring inflationary salary increases for senior directors with solid experience in deal origination and execution, new research from executive search firm Bohill Partners shows.
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PropertyEU Archive
ULI conference: Pace of change forces retail rethink
The rapid pace of change and the unpredictability of new trends in the retail industry are forcing landlords to rethink their business models. That was one of the key conclusions of a panel devoted to winning strategies in a changing retail landscape held on Wednesday at the annual ULI trends ...
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PropertyEU Archive
ULI conference: US remains role model for innovation
The US will continue to dominate the world in the area of innovation, despite economic advances by China and other emerging powerhouses, keynote speaker Kjell Nordstrom told the ULI trends conference in Amsterdam last week. Speaking on the theme 'Can Europe remain competitive in the new Global Economy?', he said ...
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PropertyEU Archive
Vinci to develop Saint Denis HQ for SFR
French construction group Vinci has won a contract to develop the future headquarters of French mobile phone company SFR in Saint-Denis, near Paris.
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PropertyEU Archive
E-commerce makes further inroads
Online retailing is making greater advances, according to Christopher Wicker, chairman of the Retail Consulting Group. Pointing to France, he said online sales were up 24% at EUR 31 bn last year compared with 2009. 鈥榃ith annual growth of 20%, sales will total EUR 45 bn by 2013,鈥� he predicted. ...
