All PropertyEU Archive articles 鈥� Page 1761
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PropertyEU Archive
Bill Lane joins management team of CBRE Russia
CB Richard Ellis (CBRE) has appointed Bill Lane to the management board of its Russian operation. Lane will oversee the company's capital markets and asset management businesses in Russia, as well as provide general strategic advice and support for the development of CBRE's business in Russia.
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PropertyEU Archive
Charlie Walker joins LGP board
UK investor Legal & General Property (LGP) has announced the promotion of Charlie Walker to director and a member of the board.
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PropertyEU Archive
Catalyst Capital strengthens German team
European real estate investor Catalyst Capital has announced the appointment of Matthias Meuser to strengthen its Frankfurt office.
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PropertyEU Archive
Kusnier joins C&W Hospitality team
Michal Ku拧nier has become Hospitality analyst for the CEE region in Cushman & Wakefield. Ku拧nier will work on investment transactions, operator selections, valuations, and development advisory for within the team.
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PropertyEU Archive
L&G launches fund for DC pension schemes
UK financial services group Legal & General has announced the launch of a new fund to provide Defined Contribution (DC) pension schemes with a blend of global and UK exposure to real estate while managing volatility and liquidity.
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PropertyEU Archive
IC to manage nine properties for UK investor
IC PropertyOne Asset und Real Estate Management has taken over the property management for a total of nine assets belonging to British investor IM Properties in Germany.
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PropertyEU Archive
UK commercial property growth slows in Q1
UK commercial property returns fell to 2.3% in the first quarter of 2011 as the re-pricing from the downturn continued, according to the IPD UK Quarterly Property Index. The rate of capital growth fell by 50 basis points to 0.8%.
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PropertyEU Archive
Inter-regional capital flows increase 70% in Q1: JLL
Cross-border direct commercial real estate investment volumes reached $37 bn (EUR 26 bn) in Q1 2011, up 25% from a year ago, according to the latest Global Capital Flows report from Jones Lang LaSalle.
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PropertyEU Archive
Pbb provides EUR 22m facility to Pradera CEE fund
German lender pbb Deutsche Pfandbriefbank has provided a facility of about EUR 22 mln to the Pradera Central & Eastern Fund for the acquisition of a shopping centre in the Polish city of Gdansk.
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PropertyEU Archive
Ascott buys Paris properties for EUR 65m
Ascott, the wholly-owned serviced residence business unit of Singapore's CapitaLand, is acquiring a hotel and adjacent vacant residential property in Paris for about EUR 65 mln. Ascott plans to combine and transform the freehold properties into a serviced residence to be named Ascott Arc de Triomphe Paris. The transaction involves ...
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PropertyEU Archive
DTZ 'in discussions' after takeover approaches
Global real estate adviser DTZ has confirmed it is holding talks with various parties after receiving 'a number' of takeover approaches. DTZ made the announcement to the London Stock Exchange on Wednesday after the company's share price increased by almost 15% during the day.
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PropertyEU Archive
Schomberg apppointed to WGF supervisory board
Integrated German property company WGF has appointed real estate expert and management consultant B盲rbel Schomberg to its supervisory board.
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PropertyEU Archive
Deutsche Hypo names new head of Paris branch
German lender Deutsche Hypo has appointed Anne-Isabelle Carbonni猫re to lead its Paris office, with full responsibility for the bank's activities in France. The appointment of Carbonni猫re (39) follows the retirement of Lionel Cavin, who left the company at the end of last year.
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PropertyEU Archive
British Land restructures development team
UK REIT British Land has restructured its development team to reflect the increasing importance of the activity for the company in the next few years.
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PropertyEU Archive
Horizon fund buys vacant building in Paris
Horizon French Property Partnership I, advised by Horizon Investment Management, has acquired a 6,500-m[sup]2[/sup] vacant building in the 17th arrondissement of Paris that was formerly occupied by Prisma Presse. The vendor was Pramerica.
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PropertyEU Archive
Immofinanz takes control of Moscow mall project
Listed real estate company Immofinanz announced it has acquired the remaining 25% stake it did not already own in GoodZone, a shopping centre project under construction in Moscow. Immofinanz and the vendor agreed not to disclose the price.
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PropertyEU Archive
NR Nordic & Russia sells in Stockholm
NR Nordic & Russia Properties has entered into an agreement to sell Katthavet 8, its only remaining real estate asset in Stockholm, to local property company Balder. Although the transaction price was not disclosed, the disposal is said to amount to SEK 400-450 mln (roughly EUR 50 mln). The transaction ...
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PropertyEU Archive
Deutsche Hypo provides EUR 140m loan to Commerz Real
German lender Deutsche Hypo has provided a 拢125 mln (EUR 140 mln) credit facility to Commerz Real for its interest in the Westfield London shopping centre. The five-year financing was provided in a club deal agreement.
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PropertyEU Archive
IVG pays down EUR 450m debt since mid-December
IVG, the largest listed real estate company in Germany, announced that it has repaid EUR 450 mln as its part of its debt-reduction programme since mid-December 2010. The funds were raised through asset sales.
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PropertyEU Archive
Cofinimmo acquires 5 Belgian nursing homes for EUR 47m
Brussels-listed real estate company Cofinimmo has announced the acquisition of five nursing homes in Belgium for EUR 47 mln. The deal involved Cofinimmo buying all the shares of Dexia Immorent, the holding company for the various companies that owned the assets.
