All PropertyEU Archive articles – Page 1775

  • PropertyEU Archive

    States seek bank exits

    2011-04-08T00:00:00Z

    European governments have injected billions into ailing banks since the beginning of the financial crisis in 2008. But now, as pressure to return these banks to the commercial sector mounts, governments are considering a number of strategies to get the banks off their hands.

  • PropertyEU Archive

    Cross-regional capital flows into Europe double: CBRE

    2011-04-08T00:00:00Z

    Data for the first months of 2011 suggest a further broadening of non-European investor demand for European real estate in terms of both investor type and nationality, thereby continuing a trend that started to emerge in the second half of 2010. In 2010, cross-regional flows of capital from outside Europe ...

  • PropertyEU Archive

    Sistema-Hals puts Danilovsky Fort on the market

    2011-04-08T00:00:00Z

    Cushman & Wakefield and Knight Frank have been mandated to sell the first and second buildings of the Danilovsky Fort business centre in Moscow. The properties, which are owned by local property developer Sistema-Hals, provide a total area of 27,500 m[sup]2[/sup] and will be offered for a price of $3,000 ...

  • PropertyEU Archive

    Hatfield Philips launches European property debt research

    2011-04-08T00:00:00Z

    Hatfield Philips International (HPI) has announced it is conducting new research into the European commercial real estate market. The independent primary and special servicer is inviting commercial real estate professionals to take part in an online survey at www.hatfieldphilips.com.

  • PropertyEU Archive

    ECE Türkiye to manage two new malls

    2011-04-08T00:00:00Z

    ECE Türkiye, a subsidiary of Germany-based ECE, has taken over the management of two new CarrefourSA shopping centres. On 1 March the 14,000-m[sup]2[/sup] CarrefourSA Bahçelievler in Istanbul became part of ECE Türkiye's centre portfolio. This was followed by the 34,500-m[sup]2[/sup] CarrefourSA Karºiyaka in Izmir on 1 April 2011. ECE now ...

  • PropertyEU Archive

    Pramerica snaps up two retail assets for EUR 40m

    2011-04-07T00:00:00Z

    Pramerica Real Estate Investors, part of US group Prudential Financial, has acquired two adjacent retail properties in Würzburg, in the northern tip of Bavaria, Germany for around EUR 40 mln. The acquisition was made on behalf of a spezialfonds of the group's German arm, TMW Pramerica Property Investment.

  • PropertyEU Archive

    Delancey in debt move on EUR 514m City complex - report

    2011-04-07T00:00:00Z

    UK real estate fund manager Delancey is near to taking over control of the EUR 524 mln Plantation Place complex in the City of London via a 'loan-to-own' strategy, according to UK media reports.

  • PropertyEU Archive

    German pension scheme acquires office building in Brussels

    2011-04-07T00:00:00Z

    German fund manager iii-investments has acquired an office building in Brussels for about EUR 33 mln on behalf of a special fund. The property was owned by the German-based company Provinzial Holding.

  • PropertyEU Archive

    Empty offices loom across Europe

    2011-04-07T00:00:00Z

    If no action is taken, office vacancy rates could increase substantially in Europe in the coming years, writes Paul Wessels MRICS, director Research at PropertyEU in the April edition of the magazine.

  • PropertyEU Archive

    Deal Analysis: CMBS deals creep back

    2011-04-07T00:00:00Z

    Despite continuing concerns about the economic fundamentals, activity in the European real estate investment market is picking up. January and February saw more and bigger deals in the real estate market, the return of creative financing and strong interest in alternative property investments and secondary markets.

  • PropertyEU Archive

    MAB sells Haarlem Raaks shopping area to Generali

    2011-04-07T00:00:00Z

    MAB Development and Generali Real Estate Investments have signed a sales agreement for the Raaks project in the centre of Haarlem, the Netherlands. The investment volume was not disclosed.

  • PropertyEU Archive

    MSREF offloads Berliner Bogen in Hamburg

    2011-04-07T00:00:00Z

    German real estate mogul Dieter Becken has bought back the Berliner Bogen office complex four years after selling the asset to Morgan Stanley Real Estate Funds (MSREF), well-informed market souces have confirmed to PropertyEU. The businessman, which sold the property to Morgan Stanley's real estate fund management arm in January ...

  • PropertyEU Archive

    Standard Life fund buys Gateway shopping centre

    2011-04-07T00:00:00Z

    Standard Life Investments (SLI) has announced the freehold acquisition of The Gateway Shopping Park, Trowbridge in the UK from developer Parkridge. The £21 mln (EUR 24 mln) transaction reflected an initial yield of 5.7% and was carried out on behalf of SLI's UK Property Fund.

  • PropertyEU Archive

    Castellum buys and sells in Gothenburg

    2011-04-07T00:00:00Z

    Listed Swedish real estate group Castellum has acquired a 10,800-m[sup]2[/sup] mixed property the area Lindholmen, Norra Älvstranden in Gothenburg for SEK 183 mln (EUR 20 mln) and sold land in the Kallebäck region of Gothenburg for SEK 21 mln.

  • PropertyEU Archive

    Northcliffe completes sale-and-leaseback deal in Germany

    2011-04-07T00:00:00Z

    Northcliffe Asset Management, a global sale-leaseback investment manager, announced that its affiliated investment vehicle ThreadGreen Industrial has completed the acquisition of the primary production and office properties of German manufacturing company Coperion. The total transaction size of the sale-and-leaseback transaction was EUR 27 mln.

  • PropertyEU Archive

    New Henderson fund makes first UK investments

    2011-04-07T00:00:00Z

    Henderson's EUR 419 mln Indirect Property Fund Europe (HIP) has made its first investment in the UK with the acquisition of units in two funds for a total EUR 23.5 mln. A sum of EUR 11.7 mln has been placed in the Standard Life Core UK Shopping Centre Trust and ...

  • PropertyEU Archive

    Moorfield launches 'White Knight' partnership

    2011-04-07T00:00:00Z

    Moorfield Group (Moorfield) has unveiled 'The White Knight Partnership' to provide partnered solutions for property owners and lenders battling today's difficult market conditions.

  • PropertyEU Archive

    GOEFs carry out EUR 10.9b of transactions in 2010

    2011-04-06T00:00:00Z

    German open-ended real estate funds (GOEFs) took advantage of favourable conditions in 2010 to increase their trading activities, particularly in cross-border transactions. In all, the funds bought and sold 173 assets for a total of EUR 10.9 bn, according to a new report published by the German fund association BVI.

  • PropertyEU Archive

    Union Investment sells top Parisian hotel for EUR 215m

    2011-04-06T00:00:00Z

    German fund manager Union Investment has announced the sale of the 5-star Marriott Champs-Elysées hotel in a deal worth some EUR 215 mln to an undisclosed buyer.

  • PropertyEU Archive

    MSREF sells EUR 450m European hotel portfolio

    2011-04-06T00:00:00Z

    Morgan Stanley Real Estate Funds (MSREF) has sold a portfolio of European hotels to Lebanese businessman Toufic Aboukhater for around EUR 450 mln, well-informed market sources confirmed to PropertyEU.