All PropertyEU Archive articles 鈥� Page 1768
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PropertyEU Archive
AXA RE appoints new Southern Europe head
AXA Real Estate Investment Managers (AXA Real Estate) has announced the appointment of Pascal Aujoux as head of Property Services Group for Southern Europe. His appointment follows the retirement of Eric Stampfli.
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PropertyEU Archive
DTZ expands into the Baltics
Global real estate services firm DTZ has entered into an affiliate arrangement with Baltic Property Expert (BPE) to offer real estate services to DTZ clients in Estonia, Latvia and Lithuania. The operation, named DTZ Baltic, will begin operating immediately.
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PropertyEU Archive
Deka buys logistics building in the Netherlands
German open-ended fund manager Deka Immobilien has acquired a logistics building in the Netherlands for EUR 22 mln. The property was sold and leased back by Danish logistics services provider DSV.
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PropertyEU Archive
Corio names new head of strategy and research
Dutch listed retail specialist Corio has appointed Oedsen Boersma as head of Investment Strategy & Research. He will be responsible for further developing the company鈥檚 retail property investment strategy and achieving Corio鈥檚 goal of creating 鈥榝avourite meeting places鈥� - sustainable centres where people meet up, spend their time off, and ...
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PropertyEU Archive
IVG sells Crystal D茅fence in Nanterre
DTZ Asset Management has acquired the Crystal D茅fense office complex in Nanterre, France from Germany's IVG Immobilien for an undisclosed amount. The purchase was made on behalf of an unnamed French institutional investor.
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PropertyEU Archive
Prologis launches EUR 1.2b mandatory offer for PEPR
Denver-based Prologis has launched a mandatory cash tender offer of EUR 6.10 per unit for all the outstanding units in the fund it does not already own in Euronext-listed fund Prologis European Properties (PEPR). The bid values Europe's biggest warehouse owner at EUR 1.2 bn, beating an earlier offer of ...
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PropertyEU Archive
AXA Real Estate raises EUR 1.26 bn in Q1 2011
AXA Real Estate Investment Managers, Europe's leading real estate manager with EUR 39.9 bn of assets under management, has raised on behalf of its clients a total of EUR 1.26 bn in the first quarter of 2011. Of this amount, EUR 800 mln has been raised as segregated accounts from ...
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PropertyEU Archive
Peab acquires 50% of Balder Fourteen for EUR 30m
Swedish construction and civil engineering group Peab has acquired 50% of Balder Fourteen from Property AB Balder for a total investment of SEK 270 mln (EUR 30 mln).
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PropertyEU Archive
Milan's Porta Romana asset to be auctioned for EUR 44m
BNP Paribas Real Estate Investment Management has announced plans to auction an office building located at Corso di Porta Romana 10, in Milan for a starting price of EUR 44 mln. The asset, which is owned by the Comune di Milano I real estate fund, offers around 11,500 m[sup]2[/sup] of ...
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PropertyEU Archive
Yahya Abdulla joins C&W capital markets team
Cushman & Wakefield has appointed international investment specialist Yahya Abdulla in its EMEA capital markets team in London. Abdulla joins from Al Salam Bank in Bahrain where he was an assistant vice president in the investments team.
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PropertyEU Archive
Cathedral, DevSecs acquire former EMI HQ in Hayes
Specialist PPP developer Cathedral Group and UK property developer and investor Development Securities have teamed up to acquire the London Gate business park in Hayes, Middlesex. The partners plan to carry out a radical 拢250 mln (EUR 283 mln) redevelopment of the 18-acre site.
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PropertyEU Archive
King Sturge announces new PM head in Romania
King Sturge in Romania has appointed Gabriel Balaban as Head of Project Management & Building Consultancy in their Bucharest office. Resul Kilic, the previous manager has undertaken a top management assignment for King Sturge鈥檚 office in Istanbul, where the company foresees great business potential.
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PropertyEU Archive
Italy's Prelios appoints new CEO
Italian listed property services group Prelios appointed Paolo Bottelli to the position of new Chief Executive during a shareholder meeting held last Thursday. Former CEO Giulio Malfatto will assume the role of vice-president reporting to president Marco Tronchetti Provera.
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PropertyEU Archive
IVG closes purchase of Milan trophy asset
German listed property company IVG Immobilien has closed the acquisition of a mixed-use building at Via Agnello 18 in the city centre of Milan for a value believed to be around EUR 45 mln, reliable market sources have told PropertyEU.
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PropertyEU Archive
Risanamento confirms exclusive talks to sell Santa Giulia project
Italian listed property company Risanamento has confirmed earlier media reports that it has received a letter of interest from an unnamed potential buyer regarding its landmark Santa Giulia mixed-use development project in Milan. The exclusivity period runs until the end of May, it added.
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PropertyEU Archive
Prime European rents and yields stable in Q1: CBRE
The first quarter of 2011 was one of general stability in values across the European commercial property market, with prime rents and yields seeing little movement, according to the latest figures released by CB Richard Ellis (CBRE).
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PropertyEU Archive
Bank of Italy mandates Colliers, Exit1 to sell EUR 300m of assets
Italy's central bank has appointed Colliers International and Exit One as advisors for the sale of a real estate portfolio consisting of former bank branches and some residential units distributed throughout Italy. The assets, with a market value of some EUR 300 mln, offer roughly 240,000 m[sup]2[/sup] of space including ...
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PropertyEU Archive
Brack Capital invests EUR 212m in German real estate
Brack Capital Properties has invested EUR 212 mln in German residential and commercial real estate in April. Last week the company announced the acquisition of 13 retail properties in Germany for EUR 120 mln. The assets comprise almost 160,000 m[sup]2[/sup] of retail space, of which 94% is leased. Brack Capital ...
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PropertyEU Archive
Aviva Tower in London sells for EUR 326m
CB Richard Ellis Loan Servicing announced on Thursday that Aviva Tower, part of the failed White Tower 2006-3 plc commercial mortgage-backed security issue, is to be sold to an unnamed buyer for 拢288 mln (EUR 326 mln).
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PropertyEU Archive
MFI bags 50% of Paunsdorf Center in Leipzig
German shopping centre specialist Management f眉r Immobilien (MFI) has acquired a 50% stake in the Paunsdorf Center in Leipzig, Germany, from a subsidiary of the Canadian shopping centre group Ivanhoe Cambridge. The Canadian group is retaining the remaining 50%.
