All PropertyEU Archive articles 鈥� Page 1746
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PropertyEU Archive
Batipart to launch full bid for France's Eurosic
Batipart, the holding vehicle of Charles Ruggieri, founder of Fonciere des Regions (FdR), is to mount a full bid for Paris-listed group Eurosic after acquiring a 19.5% stake in the company as part of an investment consortium. Batipart led the consortium that has acquired housing firm Nexity's and Banque Palatine's ...
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PropertyEU Archive
Dev Secs, Brockton buy Notting Hill mixed-use block
A joint venture between UK property fund manager Brockton Capital and listed firm Development Securities has agreed to buy a Notting Hill office and retail block on Kensington Church Street, London for 拢47.5 mln (EUR 54 mln).
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PropertyEU Archive
Sovereign debt crisis brakes recovery in Europe: CBRE
The EMEA region recorded below-average property investment transaction volumes of $41.9 bn (EUR 29 bn) in Q1 2011, reflecting continued uncertainty and caution arising from the sovereign debt crisis, according to the latest research by global property adviser CB Richard Ellis. The quarterly transaction average for the region is $51.7 ...
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PropertyEU Archive
Green certification gains traction in Italian office sector
Italian developer Gruppo Vitali has formally handed over its 'green' Innovation Campus development in Peschiera Borromeo, south of Milan to tenant Microsoft Corporation. The scheme - representing the first Leed-certified business park in Italy - will house the new Italian headquarters of the PC software giant, confirming international companies' taste ...
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PropertyEU Archive
ICSC: Growing number of international retailers targeting Europe
A rising number of US retailers are targeting the UK and mainland Europe, Peter Gold, head of cross-border retail at CB Richard Ellis, told PropertyEU at the ICSC conference in Paris. 'US retailers are taking international growth more seriously again,' he said, pointing to Abercrombie & Fitch which recently opened ...
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PropertyEU Archive
Generali widens focus to high-street retail
The fund management arm of Italian insurance giant Generali is looking at a number of high-street properties for potential acquisition as a hedge against inflation, according to Giovanni Paviera, CEO of Generali Immobiliare Italia Sgr. The move represents a major change in the company's investment strategy which has traditionally focused ...
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PropertyEU Archive
Fabrica Sgr develops 1,500 student housing units
The Aristotele real estate fund, managed by Fabrica Sgr, plans to complete the last phase of its student housing project near the University of Tor Vergata, Rome, by the summer. The fund, which is majority-owned by Inpdap, the Italian state pension fund for the public sector, has developed a total ...
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PropertyEU Archive
RBS takes control of EUR 1.1b Marriott hotel portfolio
Royal Bank of Scotland (RBS) has appointed Ernst & Young as receivers to a 拢1 bn (EUR 1.13 bn) property portfolio of Marriott hotels, an E&Y spokesperson confirmed to PropertyEU on Wednesday.
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PropertyEU Archive
ING REIM's European Property Strategy certified for ISAE 3402
ING REIM announced on Tuesday that external auditor Ernst & Young confirmed that the European Property Strategy NV (EPS) has been certified for a type I report that is compliant with the new International Standard on Assurance Engagements No. 3402 (ISAE 3402).
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PropertyEU Archive
ING REIM gets go-ahead for Italian fund management arm
ING Real Estate Investment Management has received the green light from the Bank of Italy for the creation of an Sgr real estate fund management unit. The move is part of the Dutch investment management giant's plan to boost its presence in the Italian property market, country manager Lisette van ...
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PropertyEU Archive
Invesco buys office in Paris for German doctors association
Invesco Real Estate (IRE) has acquired a prime office building in Paris' central business district on behalf of a pan-European separate account mandate which it manages for German doctors association Nordrheinische 脛rzteversorgung. Financial details were not disclosed.
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PropertyEU Archive
ICSC: Atrium sees potential for expansion in Russia
International retailers are fighting for space in Russia, according to Rachel Lavine, CEO of Atrium European Real Estate.
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PropertyEU Archive
Warburg-Henderson launches second Austrian fund
Warburg-Henderson, Henderson Global Investors' Hamburg-based joint venture partnership, has launched its second Austrian property fund which will focus on investment in a diversified portfolio of 10 to 15 commercial property assets in the core/core-plus segment. It will target a 7% yield.
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PropertyEU Archive
ICSC unveils European Shopping Centre Award winners
The International Council of Shopping Centers (ICSC) announced the winners on Wednesday of the 2011 European Shopping Centre Awards. Eleven shopping centres from nine countries across Europe (Austria, Belgium, Bosnia-Herzegovina, France, Germany, Russia, Sweden, Turkey and the UK) came away with recognitions.
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PropertyEU Archive
ICSC: Retail developmemt market bounces back faster than expected
The market for retail development has recovered more strongly than expected a year ago. Parts of CEE, Russia and Turkey are seeing particularly vibrant growth.
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PropertyEU Archive
Quantum snaps up Commerzbank building in Cologne
German property company Quantum Immobilien KAG has acquired a building occupied by Commerzbank in Cologne from Aberdeen Immobilien for an undisclosed sum. A Quantum spokesperson on Wednesday declined to reveal the name of the funds buying and selling the asset.
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PropertyEU Archive
CEE industrial development shifts to regional cities: CBRE
Increased manufacturing productivity and its link with regional CEE markets is causing development activity to move from capital cities towards regional cities, according to CB Richard Ellis.
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PropertyEU Archive
ECE in the running for Portuguese mall
German shopping centre specialist ECE Projektmanagement is in talks with Sonae Sierra to acquire the AlgarveShopping centre in Guia, near the town of Albufeira in the south of Portugal, well-informed market sources told PropertyEU. Due diligence has yet to start on the asset, which is expected to fetch around EUR ...
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PropertyEU Archive
Nouvel plans five towers for Paris Renault site
French star architect Jean Nouvel has unveiled plans for the redevelopment of the Parisian suburb of Boulogne-Billancourt which includes five towers measuring up to 120 metres in height.
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PropertyEU Archive
Swedish pension funds' new JV poised for investment
The First and Second Swedish National Pension Funds' new joint property investment company will operate under the name Cityhold Property AB and be headed by Per Sj枚berg, a former managing director of CLS Holdings in London.
