All PropertyEU Archive articles – Page 1763

  • PropertyEU Archive

    OVG changes tack, focuses on redevelopment of offices

    2011-05-09T00:00:00Z

    Dutch developer OVG has announced plans to increase its focus on the redevelopment and reconversion of office properties. Under the plan, redevelopment will in future account for up to 50% of its business at the expense of new constructions.

  • PropertyEU Archive

    DTZ tumbles in PropertyEU ranking

    2011-05-09T00:00:00Z

    Real estate adviser DTZ plunged to ninth position in the PropertyEU annual ranking of leading real estate advisers in Europe for 2010 after seeing investment transaction volume fall 33% over the year to EUR 4.2 bn. It is the first time that the adviser has dropped out of the ranking ...

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    Jones Lang LaSalle Hotels recruits George Nicholas

    2011-05-09T00:00:00Z

    Jones Lang LaSalle Hotels has appointed George Nicholas as executive vice president in the Hotels Capital Markets team for the UK and Northern Europe. Nicholas joins from CBRE where he was a director in the firm's Hotels team and he was also previously a director at Colliers International.

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    APG sells PEPR stake after Prologis raises offer

    2011-05-08T00:00:00Z

    Dutch pension fund APG has agreed to sell its 12% stake in Prologis European Properties (PEPR) after Denver-base ProLogis raised its offer for the Amsterdam-listed company to EUR 6.20.

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    Retail sector leads property value growth

    2011-05-07T00:00:00Z

    Retail stood out as the strongest performing segment in terms of property value growth in Q1 this year, according to CBRE's European Valuation Monitor.

  • PropertyEU Archive

    Icade picked for 100,000-m[sup]2[/sup] Veolia project

    2011-05-06T00:00:00Z

    French property group Icade said it has entered into exclusive talks with Veolia Environnement regarding the potential development of a new 100,000 m[sup]2[/sup] complex which will house the future Paris office of the group in the Millénaire district of Paris. A decision is expected to be made in early 2012.

  • PropertyEU Archive

    Retail dominates German investment deals in Q1

    2011-05-06T00:00:00Z

    Around EUR 5.53 bn of commercial property changed hands in Germany in the first three months of 2011 (Q1 2011), according to international real estate advisor Savills. Retail transactions accounted for 55% of the total transaction volume and 65% of total portfolio deals.

  • PropertyEU Archive

    Atrium completes EUR 171m Promenada acquisition

    2011-05-06T00:00:00Z

    Euronext-listed retail specialist Atrium European Real Estate said on Friday that it has completed the acquisition of the Promenada shopping centre in Warsaw, Poland for EUR 171 mln from Carpathian. The purchase was first announced at end December 2010.

  • PropertyEU Archive

    CBE teams up with Topland to invest EUR 2b in Germany

    2011-05-06T00:00:00Z

    Cross-border investment advisory firm CB Equity Partners (CBE) and privately-held UK group Topland (TLG) have teamed up to invest up to EUR 2 bn in German real estate.

  • PropertyEU Archive

    UK commercial real estate investment up 41%

    2011-05-06T00:00:00Z

    Direct commercial real estate investment in the UK climbed 41% year-on-year to £8 bn (EUR 9 bn) in the first quarter of 2011, highlighting a return of cautious optimism to the market, according to new research released from Jones Lang LaSalle (JLL).

  • PropertyEU Archive

    PREI completes £492m mezzanine debt fund

    2011-05-06T00:00:00Z

    Pramerica Real Estate Investors (PREI) said on Friday that it has completed a £492 mln (EUR 558 mln) fund to provide financing for commercial property transactions on behalf of institutional investors in its closed-end Pramerica Real Estate Capital 1 Fund. Pramerica, the European real estate investment arm of US group ...

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    Lend Lease announces new hires

    2011-05-06T00:00:00Z

    Biren Amin has been appointed to lead the Equity division of Lend Lease Investment Management, EMEA. He will be responsible for all existing investor relationships and for capital raising for Lend Lease Investment Management products.

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    Meyer Bergman strengthens team

    2011-05-06T00:00:00Z

    European real estate investment management firm Meyer Bergman has appointed Renee Moran as asset manager, in order to grow its dedicated shopping centre asset management team.

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    King Sturge boosts Prague team

    2011-05-06T00:00:00Z

    King Sturge has bolstered its European network with three new appointments in Prague. The property services firm said it has appointed Markéta Hodaová to the position of new head of Asset & Property Management in the Czech capital.

  • PropertyEU Archive

    Vastned makes foray into Bordeaux

    2011-05-06T00:00:00Z

    Pan-European retail property fund VastNed Retail has entered the Bordeaux retail market with the acquisition of a prime high-street property portfolio from a private investor. The transaction represents an investment of some EUR 31 mln, reflecting a net initial yield of 5%.

  • PropertyEU Archive

    Hines Global REIT buys into Russian logistics

    2011-05-06T00:00:00Z

    International developer and investor Hines has acquired the FM logistic industrial park from AIG European Real Estate Partners for an undisclosed amount. The 70,000-m[sup]2[/sup] industrial complex is located two miles from Sheremetyevo Airport, one of two large international airports in Moscow and the primary hub for cargo transport in Russia.

  • PropertyEU Archive

    European commercial property market on the rebound

    2011-05-06T00:00:00Z

    Sentiment in the global real estate market improved during the first quarter of 2011, reflecting spreading economic recovery. In Europe, Germany was one of the strongest performers, reports the latest RICS Global Commercial Property Survey, published on Friday.

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    Viveris links up with Schroder in European fund

    2011-05-06T00:00:00Z

    Schroder Property has announced plans to partner with Viveris REIM in the launch of the first ever European OPCI investment vehicle aimed at French institutional investors.

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    Global funding gap shrinks by 17%, says DTZ

    2011-05-05T00:00:00Z

    The global debt funding gap is estimated to total $202 bn (EUR 136 bn) over the next three years, down 17% on an estimated of $245 bn made in November 2010, according to new research from DTZ.

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    Landshypotek sells Stockholm office for EUR 66m

    2011-05-05T00:00:00Z

    Swedish lender Landshypotek has sold an office building in Stockholm to private investment firm Industricentralen for just under SEK 600 mln (EUR 66 mln). Landshypotek said it has made a profit of around SEK 250 mln on the deal.