All PropertyEU Archive articles 鈥� Page 1745
-
PropertyEU Archive
ABN Amro unit buys Dutch distribution centre for EUR 23m
ABN Amro Meespierson has acquired a new distribution centre in the Dutch city of Waalwijk in a sale-and-leaseback transaction with retailer Spar for EUR 23 mln. Spar has signed a 15-year lease agreement with ABN Amro Meespierson Real Estate Growth Fund.
-
PropertyEU Archive
Situs forms EUR 3b Nordic debt JV
US-headquartered real estate adviser and loan servicer The Situs Companies has formed a joint venture with German bank HSH Nordbank and special servicer Helios AMC to provide third-party loan servicing and real estate advisory services throughout the Nordic region.
-
PropertyEU Archive
Trigranit delivers B4B project in Krakow
CEE developer Trigranit has delivered the Bonarka 4 Business (B4B) office project in Krakow to its tenants. The Class A office complex, representing a partnership of TriGranit Development Corporation and builder IPR Polska, offers 15,700 m[sup]2[/sup] of space in two independent buildings.
-
PropertyEU Archive
Immofinanz takes full ownership of SEE developer Adama
Austrian listed group Immofinanz has signed an agreement to acquire the remaining 69.22% stake it did not already own in Southeast European residential developer Adama. The vendors include US-based hedge fund Tiger Global, Morgan Stanley, Lehman Brothers UK in administration and the founding shareholders. The transaction price amounts to EUR ...
-
PropertyEU Archive
Westfield Stratford City lines up All Star Lanes
Westfield Stratford City has signed All Star Lanes to open a 14-lane bowling alley, restaurant and cocktail bar at the new London development. The move brings the total leisure component at Westfield's second megamall in the UK capital to around a third, Bill Giouroukous, head of operations told PropertyEU at ...
-
PropertyEU Archive
Demand for prime shopping centres persists: C&W
Investor demand for prime shopping centres in the UK, Germany and France is unlikely to wane in the next few months, according to new research released last week by property adviser Cushman & Wakefield.
-
PropertyEU Archive
Rental growth continues in select European markets: Knight Frank
The majority of Europe's commercial property markets are continuing to either stabilise or recover at a modest rate, according to Knight Frank's Summer 2011 European Market Indicators research report. In the past three months, rental growth has been observed in a number of key European markets. However, little movement in ...
-
PropertyEU Archive
Eurohypo to offload Italy's Magiste portfolio
German bank Eurohypo is seeking a buyer for some EUR 150-200 mln of Italian assets which it recently took over from the insolvent owner, Magiste Real Estate, well-informed market sources have told PropertyEU.
-
PropertyEU Archive
Capital growth fuels non-listed funds in Q1: INREV
Capital growth from non-listed real estate funds in continental Europe increased to 1.0% in local currency in the first quarter of 2011, according to the latest INREV Quarterly Index. This marks a turnaround on the last four quarters, when performance in continental European markets was driven by income returns and ...
-
PropertyEU Archive
ING REIM wins EUR 193m Korean mandate
ING Real Estate Investment Management has been selected by the Public Officials Benefit Association (POBA) of Korea to invest 拢170 mln (EUR 193 mln) in the central London office market.
-
PropertyEU Archive
DTZ buys 4x4 portfolio for EUR 32m
DTZ Investment Management said on Thursday that it has completed the purchase of the 4x4 Portfolio for 拢28.5 mln (EUR 32.5 mln), reflecting a net initial yield of 7.58%. The vendor is Liverpool Victoria Asset Management.
-
PropertyEU Archive
Land Securities sells two London assets to USS for EUR 55m
Land Securities has sold two office assets in East London - 110 Cannon Street and Martin House - to the Universities Superannuation Scheme (USS) for around 拢48.5 mln (EUR 55 mln). 110 Cannon Street is currently at the preliminary stages of a major 6,800 m[sup]2[/sup] refurbishment due to complete in ...
-
PropertyEU Archive
Aberdeen appoints new head of business development
Aberdeen Asset Management has appointed Roberto Varandas as Global Head of Business Development - Property, a newly created role designed to meet the increased complexity and diversity of Aberdeen鈥檚 global client base. Varandas and his four-strong team will work closely with the group鈥檚 generalist Business Development and wider Distribution teams. ...
-
PropertyEU Archive
Union reopens global fund after revaluation of Japan portfolio
German fund manager Union Investment said on Thursday it has reopened its UniImmo: Global fund for redemptions following a three-month closure.
-
PropertyEU Archive
Engel & V枚lkers opens residential agency in Chelsea
Property adviser Engel & V枚lkers is expanding its network within Europe and has now opened a residential office in Central London.
-
PropertyEU Archive
Altarea buys Nimes retail park project from Icade
French retail specialist Altarea Cogedim has signed an agreement with Icade to buy a 28,500 m[sup]2[/sup] retail park project in N卯mes in southern France, located next to Carr茅 Sud and Cap Costi猫res. Financial details were not disclosed.
-
PropertyEU Archive
Skanska, BL among top green companies in UK
Swedish construction and development giant Skanska has been named as the greenest company in the UK by the Sunday Times newspaper, which ranked the firm first in all categories of its 2011 Best Green Companies Awards.
-
PropertyEU Archive
BNP Paribas RE appoints two directors in Ireland
BNP Paribas Real Estate has appointed David Browne and Ian Given as divisional directors within its Property Management and Professional Services Departments in Ireland.
-
PropertyEU Archive
Mazzocco named new president of Assoimmobiliare
Aldo Mazzocco, Chief Executive of Italian REIT Beni Stabili, will be the new president of industry association Assoimmobiliare, long-time head Gualtieri Tamburini told delegates at the Expo Italia Real Estate fair held in Milan last week.
-
PropertyEU Archive
AXA Real Invest II wins IPD award
AXA Real Invest II has won the 2011 IPD European Property Investment Award for Outstanding Investment Real Estate Performance, having achieved 'the highest total return relative to the national sector benchmark, annualised over three years to December 2010 for a specialist fund in Germany'.
