All PropertyEU Archive articles 鈥� Page 1751
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PropertyEU Archive
Matrix to sell off EUR 380m portfolio
London-listed investor Matrix European Real Estate Investment Trust (MEREIT) has announced plans to sell off all of its property assets by 2013.
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PropertyEU Archive
CBRELS recovers 76% of failed White Tower CMBS
CB Richard Ellis Loan Servicing (CBRELS) has announced that it has recovered 拢1.1 bn (EUR 1.2 bn), or 76%, of the failed 拢1.6 bn White Tower 2006-3 CMBS loan through sale of the underlying assets.
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PropertyEU Archive
Unicredit agrees major Prague leasing
Banking group Unicredit has leased the new Filadelfie building in the BB Centrum complex, Prague in one of the largest transactions of its kind in the Czech Republic in recent years. The leasing deal was arranged by global real estate adviser DTZ in a process that took two-and-a-half years.
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PropertyEU Archive
AMB, Prologis finalise merger
US listed firms Prologis and AMB Corporation have announced the completion of their merger, forming a giant industrial property specialist with about $46 bn (EUR 34 bn) of assets under management.
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PropertyEU Archive
Berlin deal whets FDL's appetite
French REIT Fonci猫re D茅veloppement Logements (FDL) is on the prowl for further acquisitions in Germany after purchasing a portfolio of 1,000 residential units in Berlin in April. The move, which marked the return of the French real estate investment trust to the acquisition trail, reflects the company's efforts to diversify ...
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PropertyEU Archive
Rapp appointed IMF Immobilien chairman
German listed developer-investor IFM Immobilien has appointed Gordon Rapp as chairman of its supervisory board. He replaces Luca Pesarini who will become vice-chairman.
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PropertyEU Archive
Expo Italia boosts partnerships with public bodies
Expo Italia Real Estate (EIRE) 2011 is strengthening its partnership with the public sector as it widens the range of conferences and events promoted by municipalities and regional development agencies.
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PropertyEU Archive
Rockspring gets green light for UK spec development
UK-based Rockspring Property Investment Managers and its development partner, Exton Estates, have received planning consent for a new 9,600 m[sup]2[/sup] office development at The Arrows Site, Brooklands, Weybridge, Surrey.
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PropertyEU Archive
Distressed sales increase in Spain, Ireland: RICS
Spain, the Republic of Ireland and the US have seen the largest reported increases in distressed property listings in the past three months, according to the latest RICS Global Distressed Property Monitor.
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PropertyEU Archive
IVG strengthens private fund management
IVG Immobilien, Germany's largest listed property company, has appointed Wolfgang Kurt M眉ller as co-managing director of its private funds division. M眉ller will work alongside fellow co-managing director J枚rn Heidrich.
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PropertyEU Archive
Beltane acquires two City buildings for EUR 17m
Beltane Asset Management has acquired two buildings in the City of London business district from ING for 拢15.14 mln (EUR 17.2 mln).
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PropertyEU Archive
Fiabci and Icrea sign alliance agreement
International real estate federations Fiabci and Icrea have taken a formal step towards creating a unified organisation. The pair signed an alliance agreement during the Icrea board meetings in Berlin last week.
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PropertyEU Archive
European debt market continues to tighten in Q1: CBRE
The debt market in Europe continued to tighten in the first quarter of 2011, according to a new research report issued by CB Richard Ellis. Margins have moved up in periphery and core markets, including France and Germany; mostly in anticipation of the European Central Bank's decision to raise interest ...
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PropertyEU Archive
FdM, Credit Agricole close EUR 170m Campanile hotel deal
An 80/20 joint venture of Cr茅dit Agricole Assurances' Predica and Pacifica insurance units and Fonci猫re des Murs (FdM) has finalised the purchase of a portfolio of 32 Campanile hotels from the Louvre H么tels group for just over EUR 170 mln.
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PropertyEU Archive
Neinver, MAB to open Roppenheim outlet in spring 2012
Spanish retail specialist Neinver and Dutch developer MAB have scheduled the opening for their joint Roppenheim The Style Outlets in France for spring 2012. In a statement on Tuesday, the partners confirmed that the development of the outlet centre is progressing according to plan and meeting the deadlines.
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PropertyEU Archive
Bouwfonds carries out 3rd resi deal in Sweden
International property fund manager Bouwfonds has acquired three assets comprising a total of 49 apartments for SEK 90 mln (EUR 10 mln) in Sweden. Property adviser Savills acted for the vendor, Swedish private property company Collegio.
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PropertyEU Archive
GPR European index returns 3.4% in May
European listed real estate, as represented in the GPR 250 Europe Index, finished 3.4% higher in May. This follows on from a performance of 3.6% in April.
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PropertyEU Archive
ECE starts contruction of EUR 360m Skyline Plaza project
German retail specialist ECE Projektmanagement said on Wednesday that it has started the construction of its flagship Skyline Plaza shopping and leisure centre in Frankfurt's Europaviertel (European Quarter).
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PropertyEU Archive
ING REIM acquires Swedish mall for EUR 45m
ING Real Estate Investment Management (ING REIM) has announced the acquisition of Baronen, a prime shopping centre property in central Kalmar in Sweden from the estate of Gustaf De Geer. The investment volume of almost EUR 45 mln reflects an initial yield of slightly below 7%.
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PropertyEU Archive
Aberdeen fund buys retail property in Germany
Aberdeen European Balanced Property Fund has acquired a fully leased retail property in Gelsenkirchen, Germany from UK-listed retail property company Treveria. The financial details of the transaction were not disclosed.
