All PropertyEU Archive articles – Page 1754

  • PropertyEU Archive

    Union Investment seeks new hotel partnerships

    2011-05-30T00:00:00Z

    German fund manager Union Investment Real Estate intends to strengthen its position in the European hotel investment market by entering into new strategic partnerships.

  • PropertyEU Archive

    Rockspring buys retail assets for EUR 21m

    2011-05-27T00:00:00Z

    Rockspring Property Investment Managers has announced the purchase of Kirkgate Retail Parade in Leeds and Princess House in Shrewsbury for a combined price of £18 mln (EUR 21 mln).

  • PropertyEU Archive

    FDL invests EUR 54m in Berlin resi market

    2011-05-27T00:00:00Z

    French REIT Fonciere Developpement Logements (FDL) has acquired a portfolio of 685 residential units in Berlin for EUR 54 mln, reflecting a price per m[sup]2[/sup] of EUR 994.

  • PropertyEU Archive

    ECE fund acquires City-Passage in Bielefeld

    2011-05-27T00:00:00Z

    Germany's ECE Projektmanagement is buying the City-Passage shopping centre in Bielefeld, in the Ostwestfalen- Lippe Region.

  • PropertyEU Archive

    Capco appoints Covent Garden director

    2011-05-27T00:00:00Z

    Uk listed property company Capital & Counties Properties (Capco) has appointed Sarah-Jane Curtis as director of Covent Garden starting from September. Curtis will take responsibility for the leasing, development and asset management functions of Covent Garden and will work closely with Bev Churchill, Capco's marketing director, in developing the Covent ...

  • PropertyEU Archive

    Wainbridge appoints new CFO

    2011-05-27T00:00:00Z

    Wainbridge Limited has appointed Graham Langlay-Smith as chief financial officer.

  • PropertyEU Archive

    Europe CMBS market sets default record in April

    2011-05-27T00:00:00Z

    Defaults on European commercial mortgage-backed securities (CMBS) hit a record high in April as 12 new loans became delinquent in the period, according to rating agency Standard & Poor's. This is the highest monthly number since S&P started covering the market in 2008.

  • PropertyEU Archive

    InfraRed plans new Asian funds

    2011-05-27T00:00:00Z

    InfraRed Capital Partners is planning new fund launches in Asia. InfraRed - which was rebranded from HSBC Specialist Investments following a management buyout - is in the process of capital raising for its third greenfield infrastructure fund, which had its first $ 580 mln (EUR 409 mln) closing in March ...

  • PropertyEU Archive

    Hamborner buys retail asset in Langenfeld

    2011-05-27T00:00:00Z

    German REIT Hamborner has acquired a retail asset in the pedestrian area of Langenfeld in Germany from a company of the Sass family. The investment volume of over EUR 17 mln reflects a gross initial yield of 6.6%.

  • PropertyEU Archive

    Stendörren buys resi assets in Husby

    2011-05-27T00:00:00Z

    Swedish private property firm Stendörren has acquired a portfolio of 1,528 residential units in Husby, near Stockholm from listed property group Wallenstam for SEK 875 mln (EUR 100 mln).

  • PropertyEU Archive

    Citycon bets on Baltic rebound

    2011-05-27T00:00:00Z

    Citycon has the potential and the appetite to double its portfolio in the next four-to-five years, newly appointed chief executive Marcel Kokkeel has said in an interview with PropertyEU.

  • PropertyEU Archive

    Bernhard Visker to leave HSH Nordbank

    2011-05-27T00:00:00Z

    HSH Nordbank has announced that Bernhard Visker will leave its management board from 31 August 2011. The supervisory board gave its consent to a corresponding termination agreement.

  • PropertyEU Archive

    JLL buys King Sturge

    2011-05-27T00:00:00Z

    Jones Lang LaSalle (JLL), the New York-listed global commercial real estate firm, announced on Friday it is merging with smaller peer King Sturge. The deal values King Sturge at £197 mln (EUR 227 mln).

  • PropertyEU Archive

    Sonae Sierra earns distinction for innovation

    2011-05-27T00:00:00Z

    Sonae Sierra has been distinguished at the 'European Risk Management Awards', an initiative of the British magazine 'StrategicRisk', which aims at rewarding the best and most innovative actions in the risk management area. The prize for 'Most Innovative Use of IT or other Technology' comes in recognition of

  • PropertyEU Archive

    Mayfield hires Ralph Sidler as real estate manager

    2011-05-27T00:00:00Z

    UK-based Mayfield Asset and Property Management has hired Ralph Sidler as asset and property manager at its growing team in Eindhoven, the Netherlands. The move reflects the company's 'enhanced management instruction in the country', Mayfield said in a statement on Friday. Mayfield anticipates making further appointments in the next few ...

  • PropertyEU Archive

    ING UK trust renamed Picton

    2011-05-27T00:00:00Z

    ING UK Real Estate Income Trust Limited has announced that it has received approval at its annual general meeting to change its name to Picton Property Income Limited. The investment management function will be officially internalised from 1 January 2012, when its contract with ING Real Estate Investment Management comes ...

  • PropertyEU Archive

    EMEA hotel deals up 160% in Q1 2011: JLL

    2011-05-26T00:00:00Z

    The hotel investment market in EMEA appears to be on the path to recovery as a result of improving investor confidence, according to Jones Lang LaSalle Hotels' latest Hotel Investor Sentiment Survey.

  • PropertyEU Archive

    LaSalle gets EUR 140m from US pension fund

    2011-05-26T00:00:00Z

    LaSalle Investment Management (LaSalle) has received $200 mln (EUR 140 mln) in a second round of equity capital from the Teacher Retirement System of Texas (TRS) to invest in real estate co-investment opportunities around the globe.

  • PropertyEU Archive

    Minerva confirms £194m cash offer

    2011-05-26T00:00:00Z

    London-listed property company Minerva has announced details of a possible 120.5 pence in cash takeover offer from a consortium of funds advised by Area Property Partners and a subsidiary of DV4 Limited, which is advised by Delancey Real Estate Asset Management.

  • PropertyEU Archive

    Partners buys junior notes backed by 36 German assets

    2011-05-26T00:00:00Z

    Private markets investment manager Partners Group has sourced and acquired four junior notes secured on a 36-asset portfolio in Germany on behalf of its clients.