All PropertyEU Archive articles 鈥� Page 1773
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PropertyEU Archive
W枚lbern Invest buys newly built asset in Rotterdam
Hamburg-based W枚lbern Invest has acquired a newly built office property in the Waalhaven district of Rotterdam from local developer OVG. The financial details were not disclosed. W枚lbern Invest said it will pay for the asset upon delivery expected for September 2012.
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PropertyEU Archive
C&W grows UK asset management team
Property adviser Cushman & Wakefield has appointed Dean Maszlin as a partner in its central London asset management team. His appointment is effective 18 April 2011.
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PropertyEU Archive
AXA RE to build Coface HQ in Paris
AXA Real Estate said that its pan-European Development Venture III (DVIII) fund is to build the new headquarters office for Natixis' Coface subsidiary as part of an extension of the district of Bruy猫res in Bois Colombes near La Defense, Paris.
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PropertyEU Archive
JLL's Charles Cresser returns to English business
Charles Cresser is returning to Jones Lang LaSalle's English business to head up the Occupier team within the firm's Project & Development Services (P&DS) department after spending two years in Russia developing the firm's capability in the region.
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PropertyEU Archive
Growing shortage of West End office space: C& W
The limited availability of good quality space in London's West End is becoming critical, according to Cushman & Wakefield, the global property consultant.
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PropertyEU Archive
Retail expansion continues despite tough conditions: CBRE
Global retailers have continued to grow their store networks in a wide range of international markets despite challenging conditions, according to the 2011 edition of How Global is the Business of Retail? by global real estate adviser CB Richard Ellis (CBRE).
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PropertyEU Archive
Markus Reinert to join C&W
Cushman & Wakefield, the global property consultant, has appointed Markus Reinert as a partner and head of property management and investor services for the EMEA region.
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PropertyEU Archive
Prologis vows to retain PEPR stake
Prologis, the Denver-based global distribution facilities specialist, has confirmed that it intends to retain its ownership stake in, and management agreement with, Eurnonext-listed Prologis European Properties (PEPR).
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PropertyEU Archive
FDL buys 1,000 residential units in Berlin
Fonci猫re D茅veloppement Logements (FDL) has signed an agreement to acquire a portfolio of 1,053 residential units, offering around 80,000 m[sup]2[/sup] in Berlin. The transaction price amounts to EUR 84 mln. The purchase will be 50% financed with own cash resources and 50% funded with bank debt.
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PropertyEU Archive
European property investment hits EUR 27bn in Q1
European commercial real estate transaction volumes hit EUR 26.7 bn in the first quarter (Q1) of 2011 as the investment market built up further momentum, according to the latest data by CB Richard Ellis (CBRE).
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PropertyEU Archive
F&C REIT, AREA in 拢120m property club deal
Clients of F&C REIT, including AREA Property Partners and Turkey-based ESAS Holding, have completed three UK acquisitions in a club deal totalling 拢120 mln (EUR 136 mln).
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PropertyEU Archive
City of London prime rents up by 17.5%: BNP Paribas RE
Prime office rents across all Central London markets have risen over the last year, according to BNP Paribas Real Estate. In the City prime rents rose to 拢54.50 per sq ft in the first quarter of 2011 which represents a 17.5% increase from Q1 2010 whilst in the West End ...
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PropertyEU Archive
Deutsche Hypo reports 27% growth in new business in 2010
German lender Deutsche Hypo reported a jump of 27% in new business during the 2010 financial year, which also saw interest income soar by 47%.
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PropertyEU Archive
Buss Capital buys office building in Almere for EUR 22m
Hamburg-based Buss Capital acquired office building De Landdrost in Almere, the Netherlands for EUR 21.7 mln. The vendor is Dutch property group Breevast. The 8,927-m[sup]2[/sup] property is located in the centre of the city and was delivered in December 2010. Educational institute VU-Windsheim has taken a 14.5-year lease on the ...
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PropertyEU Archive
BL and Tesco complete 3rd jv refinancing
The Tesco British Land Property Partnership (TBLPP), a 50:50 joint venture between British Land and Tesco, has refinanced its Beaumont Leys Shopping Centre in Leicester.
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PropertyEU Archive
APG and Goodman consider bid for Prologis European Properties
Dutch pension fund APG and Goodman Group are considering making an offer together with a group of like-minded investors to acquire for cash 100% of the ordinary units in ProLogis European Properties (PEPR). Under terms of the indicative proposal, PEPR's management rights would be transferred from ProLogis to Goodman.
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PropertyEU Archive
Tishman Speyer snaps up Paris' Olympe office building
Tishman Speyer has acquired the Olympe office building in the Saint Denis suburb of Paris from LaSalle Investment Management's European Growth Fund II. The financial details were not disclosed.
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PropertyEU Archive
Debt shortage encourages new forms of funding: JLL
Debt financing has become difficult, and will continue to be so for the foreseeable future, JLL has noted in its latest European Capital Markets bulletin.
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PropertyEU Archive
Kanam on track with US-grundinvest liquidation
Unit holders in Kanam's US-grundinvest fund are to receive a second payment in June as the wind-up of the only dollar-denominated German open-ended fund continues on schedule.
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PropertyEU Archive
JLL appointed to sell Citigroup HQ in Canary Wharf for EUR 1b-plus
Jones Lang LaSalle has been instructed as the sole agent to sell the freehold interest of 25 Canada Square located in the heart of London's Canary Wharf. Offers in excess of 拢1 bn (EUR 1.1 bn) are being sought on the iconic, 1.2 million square feet (111,000-m2) building. The ...
