All PropertyEU Archive articles – Page 1748
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PropertyEU Archive
Great Portland Estates appoints finance director
Great Portland Estates (GPE) has announced the appointment of Nick Sanderson as Finance Director with effect from 25 July 2011. He is currently head of Real Estate Corporate Finance Advisory at Deloitte having previously had 10 years of real estate investment banking experience most recently as a managing director ...
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PropertyEU Archive
Multi wins International Retail Leisure Destination of the Year Award
Forum Istanbul, developed by Multi Development Turkey, has won the International Retail & Leisure Destination of the Year Award. The award was presented on Thursday evening at the RLI Gala Dinner in London.
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PropertyEU Archive
ING completes sale of Clarion Partners
Financial group ING has completed the sale of Clarion Partners, its US-based private market real estate investment manager, for $100 mln (EUR 69) to Clarion Partners' management and Lightyear Capital. Clarion Partners had EUR 15.9 bn in assets under management at end-March 2011. Lightyear is a US-based private equity firm.
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PropertyEU Archive
Czech retail market set to rebound
The sale last week of the Olympia malls in Teplice and Mladá Boleslav by Union Investment and CA Immo marks the start of what is anticipated to be a busy summer for the Czech retail property market.
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PropertyEU Archive
'Hidden gems' lurk in UK secondary property debt: Savills
Lenders have the opportunity to find 'hidden gems' in the market for UK secondary property, according to Savills. Secondary and tertiary property account for about 75%, or more than £250 bn (EUR 282 mln) of the total of £350 bn of debt in the UK commercial property market, the international ...
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PropertyEU Archive
Rome toys with idea of rival to Milan property fair
A delegation from Rome attended the Provada real estate fair in Amsterdam this week to examine the feasibility of establishing a similar event for the Italian capital.
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PropertyEU Archive
ProLogis, 28 banks recast EUR 1.5b loan agreements
Global industrial property specialist ProLogis said on Thursday that it has recast or amended about $2.2 bn (EUR 1.5 bn) in senior credit agreements. The announcement comes a week after ProLogis completed a merger with peer AMB Corporation.
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PropertyEU Archive
Immofinanz sells investments in 9 funds for EUR 137m
Vienna-listed Immofinanz has announced the disposal of assets in nine funds to a number of European investors. The investment volume will amount to EUR 137 - 140 mln, depending on foreign exchange rate movements over the next 12 months.
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PropertyEU Archive
HB Reavis launches EUR 165m Central European fund
HB Reavis Group, a Slovak-based real estate developer and investor active in Central Europe (CE), has launched its first real estate fund. HB Reavis CE REIF is a Luxembourg-based Sicav-Sif with core strategy, focusing on prime commercial properties in Central European countries, Slovakia, the Czech Republic, Poland and Hungary.
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PropertyEU Archive
TUI begins construction of EUR 250m resort in Tuscany
TUI Resorts & Hotels, a subsidiary of Europe's tourism group TUI, has started construction of the first phase of the EUR 250 mln Castelfalfi Resort in Tuscany. Phase 1 of the project will comprise a boutique hotel, country houses and apartments being built on the 11 km[sup]2[/sup] grounds.
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PropertyEU Archive
MGPA buys into GTC China mall for EUR 45m
MGPA, the private equity real estate investment advisory, has signed an agreement to acquire a 50% stake in Galleria Chengdu from developer-investor GTC China. The investment volume by MGPA Asia Fund III comes to RMB 425 mln (EUR 45 mln).
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PropertyEU Archive
Aberdeen Life appoints new COO
Aberdeen Asset Management Life and Pensions has appointed Helen Webster as chief operating officer.
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PropertyEU Archive
ProLogis plans 'aggressive' expansion strategy
ProLogis aims to become more active on the acquisition front in Europe following its merger with AMB. 'We're on our front foot and looking for growth through good-quality acquisitions and our ongoing development programme,' Philip Dunne, president of ProLogis Europe, told PropertyEU. 'We have a fairly aggressive deployment plan.'
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PropertyEU Archive
Centrum, Signa link up in Munich, Hamburg deal
Austria's Signa Group has teamed up with Dusseldorf-based Centrum Group to acquire the Karstadt Oberpollinger and Karstadt Sports shop in Munich for around EUR 250 mln.
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PropertyEU Archive
ING REIM reshuffles country managers
ING Real Estate Investment Management has announced the appointment of Peter Helfrich as country manager of its German business, effective on 1 August this year. Helfrich succeeds Martin Sabelko, who is returning to his original role as country manager responsible for Central & Eastern Europe to further grow the business ...
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PropertyEU Archive
Invista tips industrial to replace retail as outperforming sector
Industrial real estate will likely replace retail as the outperforming sector in Continental Europe, according to the latest research report produced by Invista REIM. This would be a major change as retail outperformed both the office and industrial sector in 2010 and played a large part in the improving property ...
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PropertyEU Archive
Etalon to undertake 220,000 m[sup]2[/sup] resi project in Moscow
London-listed Etalon Group has entered into an agreement to start a new mass market residential neighbourhood development project in the Dmitrovskiy metropolitan region of Moscow.
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PropertyEU Archive
Haminan Satamakiinteistöt buys 18,000 m[sup]2[/sup] logistics asset
Kotkan Satamatalot and Haminan Satamakiinteistöt have completed a real estate transaction in the port of Hamina. Haminan Satamakiinteistöt has acquired two warehouses, warehouses 4 and 7, located at Gerhardinväylä 8, Hamina, together with the associated land leases.
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PropertyEU Archive
EIRE: Panattoni opens 1st European retail park, seeks new projects in Italy
Panattoni Europe has announced the opening of the Fiume Veneto retail park, its first retail project in Italy and the first retail park development to be launched by the US developer in Europe.
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PropertyEU Archive
Kungsleden acquires hospital property for EUR 21m
Listed Swedish property company Kungsleden is purchasing the Swedenborg Center commercial property for SEK 194 mln (EUR 21.4 mln), including transaction costs. The asset generates SEK 29 mln in annual rent, reflecting a net initial yield of 7.6%.


