All PropertyEU Archive articles 鈥� Page 1750
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PropertyEU Archive
Hungary's first 'green' mall to open in 2012
Developer Wing has begun construction of the first 'green' shopping centre in Hungary . Noah Steinberg, chairman & CEO of WING, and Zoltan Pokorni, mayor of the Hegyvid茅k district, laid the foundation stone for the centre during a ceremony on 2 June.
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PropertyEU Archive
Altarea Cogedim sells retail park for EUR 21m
French retail specialist Altarea Cogedim has signed the deed of sale for the Parc des Bouchardes retail park in Cr锚ches-sur-Sa么ne to Ascencio, a closed-end real estate investment fund (SICAF) specialising in retail warehouses. The investment volume of EUR 21 mln reflects a yield of about 6%.
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PropertyEU Archive
Unicredit makes headway with EUR 300m portfolio sale
The real estate arm of Italian lender Unicredit is finalising the sale of five assets held in the 7RE portfolio, which was put on the market in September last year through Cushman & Wakefield.
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PropertyEU Archive
Sato acquires 400 Finnish apartments for EUR 60m
Finnish residential property investor Sato has acquired 383 rental apartments from OP-El盲kes盲盲ti枚 and OP-El盲kekassa for EUR 60 mln.
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PropertyEU Archive
Futureal, Caelum secure EUR 50m loan for Polish mall
Hungarian developer Futureal Group and Irish investment firm Caelum Development have secured a EUR 50 mln construction and investment loan from BZ WBK Bank for their Polish joint venture, the Nova Park shopping and entertainment centre in Gorz贸w Wielkopolski.
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PropertyEU Archive
Signa scoops EUR 500m German portfolio
Signa Holding, the investment vehicle of Austrian businessman Rene Benko, has confirmed the acquisition of three commercial properties offering a combined 40,000 m[sup]2[/sup] in the German cities of Munich and Hamburg for EUR 500 mln. A company spokesperson told PropertyEU on Monday that additional details will be disclosed in the ...
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PropertyEU Archive
Hines fund acquires retail asset in Berlin
Hines Pan-European Core Fund (HECF) has acquired a retail property in Berlin from German developer Sedlmayr-Investa Immobilien. The investment volume was not disclosed.
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PropertyEU Archive
CBRE buys Swiss affiliate firm
CB Richard Ellis Group (CBRE) has acquired CBRE-PI Performance, its affiliate company in Switzerland. The financial details of the transaction were not disclosed.
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PropertyEU Archive
Corenet Global announces awards shortlist
Corenet Global UK Chapter has announced the shortlist of candidates for its annual awards. The entries fall into four main categories: corporate real estate executive of the year sponsored by Segro, corporate real estate partnership award, innovation and sustainability award sponsored by hurleypalmerflatt and young person's essay award run in ...
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PropertyEU Archive
Barcelona companies favour new business areas: Savills
The Barcelona office market saw take-up increase by 10% in the first three months of 2011 compared to the previous quarter with over 60% of properties leased in new business districts, according to international real estate advisor Savills. The research confirms a trend of companies locating outside the central business ...
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PropertyEU Archive
Colliers hires Bredin to head EMEA corporate solutions
Property advisor Colliers International has appointed Dominique Bredin as director in its EMEA corporate solutions team. He will join the newly formed team led by Guy Douetil who was appointed at the beginning of April.
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PropertyEU Archive
Philip Dunne to head new Prologis combine in Europe
Philip Dunne has been appointed as president of the European operations of the combined business of Prologis and AMB. The merged entity, named Prologis, has EUR 8.7 bn of assets under management in Europe covering 13.6 million m[sup]2[/sup].
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PropertyEU Archive
Deutsche Pfandbrief finances Halton Lea mall deal
German lender pbb Deutsche Pfandbriefbank has provided a 拢34.45 mln (EUR 56 mln) credit facility to AREA Property Partners, F&C REIT Asset Management, and Turkey-based ESAS Holding for the acquisition of the Halton Lea shopping centre in Runcorn, Cheshire, and a parade of retail units and office suites in Stevenage, ...
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PropertyEU Archive
GDF Suez to invest millions in retrofitting Dutch real estate
French energy giant GDF Suez plans to invest millions of euros in sustainable energy solutions in the Netherlands involving partnerships with property investors, developers, end-users and public authorities.
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PropertyEU Archive
European property values limp upwards
European commercial property values increased slightly in the first quarter of 2011, but at a much slower rate than in the last three months of 2010, according to CB Richard Ellis' European Valuation Monitor.
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PropertyEU Archive
Land Secs secures consent for 35,000-m[sup]2[/sup] City scheme
UK REIT Land Securities has secured planning permission for its 35,000 m[sup]2[/sup] office redevelopment project at 30 Old Bailey and 60 Ludgate Hill in the City of London.
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PropertyEU Archive
Kennedy Wilson buys EUR 1.6b foothold in Europe
New York-listed real estate investment firm Kennedy Wilson has acquired Bank of Ireland Real Estate Investment Management (BOI REIM), a business that manages commercial real estate on behalf of the bank's clients.
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PropertyEU Archive
McArthurGlen opens EUR 100m designer outlet in Greece
European outlet specialist McArthurGlen Group has invested EUR 100 mln in the Greek outlet market. The Group opened McArthurGlen Designer Outlet Athens to the public on 2 June.
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PropertyEU Archive
Park Plaza clinches EUR 129m refinancing
Hotel group Park Plaza has secured a 拢115 mln (EUR 129 mln) refinancing facility from Bank Hapoalim. The Israeli lender agreed to refinance an existing 拢93.4 mln of bank facilities in relation to the Park Plaza Westminster Bridge London. The deal with Park Plaza's subsidiary Marlbray also includes an additional ...
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PropertyEU Archive
Degi Intl fund sells Teil portfolio for EUR 204m
German property fund manager Aberdeen Immobilien KAG said on Friday that its frozen Degi International open-ended fund has disposed of the four-asset Teil portfolio for EUR 204 mln. The properties were acquired by an unidentified German institutional investor.
