All PropertyEU Archive articles – Page 1759

  • PropertyEU Archive

    Eastern Germany resi offer rental growth: Patrizia

    2011-05-18T00:00:00Z

    The top six locations in eastern Germany show the same dynamic rental growth for residential property as their six counterparts in the west of the country, according to listed German property company Patrizia Immobilien.

  • PropertyEU Archive

    King Sturge to manage Ferio mall

    2011-05-18T00:00:00Z

    King Sturge has been appointed property manager for Ferio Legnica shopping centre in Poland. Opened in March 2007, the centre offers 18 000 m[sup]2[/sup] of leasable area and 350 parking spaces.

  • PropertyEU Archive

    Skanska launches green hotel project in Gothenburg

    2011-05-18T00:00:00Z

    Swedish construction and development giant Skanska has signed a 25-year rental agreement with the Winn Hotel Group for a new hotel in Gothenburg. Skanska's investment totals SEK 400 mln (EUR 44.5 mln) and the construction assignment amounts to SEK 310 mln.

  • PropertyEU Archive

    Pramerica sells Luxembourg property

    2011-05-18T00:00:00Z

    Pramerica Real Estate Investors has sold Park Lane office building in Luxembourg to the family office CLdN Cobelfret Group. The financial details of the transaction were not disclosed.

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    AXA raises EUR 130m for Japanese debt fund

    2011-05-17T00:00:00Z

    AXA Real Estate Investment Managers has raised YEN 15 bn (EUR 130 mln) at the first close of its Japanese Commercial Real Estate Debt investment fund.

  • PropertyEU Archive

    CPPIB acquires Centro stake for EUR 270m

    2011-05-17T00:00:00Z

    The Canadian Pension Plan Investment Board (CPPIB) has added a 50% stake in the massive Centro Oberhausen shopping centre in Germany to its growing portfolio of real estate investments in Europe. CPPIB's equity investment in the EUR 1.3 bn 'super-regional' centre comes to EUR 270 mln.

  • PropertyEU Archive

    Cofinimmo acquires Antwerp office buildings for EUR 29m

    2011-05-17T00:00:00Z

    Belgian-listed property company Cofinimmo has acquired 13,000 m[sup]2[/sup] of office space in Antwerp for EUR 29 mln.

  • PropertyEU Archive

    Aberdeen mall fund acquires Welau Arcaden

    2011-05-17T00:00:00Z

    Aberdeen Asset Management has acquired Welau Arcaden shopping centre from German property group Ferox Immobilien. The financial details of the transaction were not disclosed. The shopping centre is located on the main shopping street in the heart of Wedel, near Hamburg.

  • PropertyEU Archive

    Union Investment appoints manager for France

    2011-05-17T00:00:00Z

    Union Investment Real Estate has appointed Tania Concejo Bontemps as general manager of the German fund manager's French office, where she will be responsible for the management of Union Investment’s fund properties in France. She will work alongside Dominique Dudan, president of the management board.

  • PropertyEU Archive

    Cartier-Bresson to head French office for Berlin Hyp

    2011-05-17T00:00:00Z

    Benjamin Cartier-Bresson has been appointed head of Berlin Hyp and Landesbank Berlin's joint representative office in Paris. Cartier-Bresson has worked for the Archon Group France, the Royal Bank of Scotland and Credit Suisse. He was most recently employed at the DekaBank Deutsche Girozentrale in Paris since the beginning of 2008.

  • PropertyEU Archive

    JLL in talks to buy King Sturge - report

    2011-05-17T00:00:00Z

    Listed global property adviser Jones Lang LaSalle is in talks with its smaller peer King Sturge about a potential takeover which would value King Sturge at more than £160 mln (EUR 183 mln), according to a report by Property Week.

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    Retail drives European property recovery: CBRE

    2011-05-17T00:00:00Z

    The European commercial real estate investment market continues to recover, driven by an increase in demand for prime retail property assets, according to the latest CB Richard Ellis (CBRE) European Capital Markets report.

  • PropertyEU Archive

    IVG's Niesslein to step down in October

    2011-05-17T00:00:00Z

    Gerhard Niesslein has announced he will step down as CEO of IVG Immobilien at end-October for personal reasons. He will be succeeded by CFO Prof Dr Wolfgang Schäfers effective 1 November 2011 at the latest. Schäfers will extend his contract by three years to 31 December 2014, the company announced ...

  • PropertyEU Archive

    Pigeon to drive Henderson's RPI programme

    2011-05-17T00:00:00Z

    Henderson Global Investors has hired Jenny Pidgeon as a director of property for its Responsible Property Investment (RPI) programme. Pidgeon's initial key objective will be to expand the RPI programme from the UK to all European portfolios. She will also be responsible for the business' annual reporting and contribute to ...

  • PropertyEU Archive

    British Land signs 18,000m[sup]2[/sup] Cheesegrater pre-lease

    2011-05-16T00:00:00Z

    British Land and Oxford Properties have announced that their 50:50 joint venture has signed a provisional agreement with a subsidiary of financial services group Aon for a 18,000 m[sup]2[/sup] pre-let at the 'Cheese Grater' tower development in London.

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    Capital Partners to offload $1.6b of assets in Moscow

    2011-05-16T00:00:00Z

    Kazakh private equity firm Verny Investment has acquired the Ritz-Carlton hotel from development firm Capital Partners for around $600 mln (EUR 424 mln).

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    Hemfosa acquires office portfolio for EUR 100m

    2011-05-16T00:00:00Z

    Swedish real estate investor Hemfosa Fastigheter has agreed to acquire a EUR 100 mln portfolio of seven office buildings in the Swedish city of Karlstad. The vendor of the 75,000-m[sup]2[/sup] Karolinen Fastigheter portfolio is Dinu Patriciu Global Properties. The portfolio is over 95% leased. The tenants include companies such as ...

  • PropertyEU Archive

    Russian investment market grew 128% in 2010

    2011-05-16T00:00:00Z

    The Russian investment market in 2010 grew 128% above the level reached in 2009 to EUR 2.2 bn, according to the latest research by CB Richard Ellis. The stabilisation of the Russian economy in 2010, with growth of 4%, saw a level of confidence return to the real estate investment ...

  • PropertyEU Archive

    Henderson, SWF buys London office campus for over EUR 217m

    2011-05-16T00:00:00Z

    Henderson Global Investors and a Canadian sovereign wealth fund have jointly acquired the widely sought after Leadenhall Triangle office complex in the City of London for a figure substantially in excess of £190 mln (EUR 217 mln). The asset was last valued at £140 mln.

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    FdR launches EUR 480m bond

    2011-05-16T00:00:00Z

    Foncière des Régions (FdR) has launched a convertible bond offering for EUR 480 mln which may be increased to EUR 550 mln in the event of the full exercise of the extension option. The bonds are due on 1 January 2017.