All PropertyEU Archive articles – Page 1777

  • PropertyEU Archive

    Spanish opportunities re-emerging but don't expect bargains: Henderson

    2011-04-05T00:00:00Z

    Institutional investors are poised to put the Spanish real estate market back on their radar, but they shouldn’t expect bargains, Henderson Global Investors has said in a new report.

  • PropertyEU Archive

    Panattoni to build new Polish facility for Tech Data

    2011-04-05T00:00:00Z

    Logistics group Panattoni Europe will start construction this month of a second 17,000-m[sup]2[/sup] building in its Park Swiecice distribution centre near Warsaw following the signing of a lease with IT distributor Tech Data. The new agreement brings the total occupancy rate at the Panattoni Park Swiecice development project to 100%.

  • PropertyEU Archive

    Tour Eiffel buys spec development near Paris

    2011-04-05T00:00:00Z

    French REIT Societe de la Tour Eiffel (STE) said on Tuesday that it has committed to the acquisition of a speculative office development project in the southern Parisian district of Montrouge from construction conglomerate Vinci Construction group for EUR 25 mln.

  • PropertyEU Archive

    RREEF poised to move up the risk curve

    2011-04-05T00:00:00Z

    RREEF, the real estate investment vehicle of Deutsche Bank, is gearing up to move up the risk curve, Gianluca Muzzi, managing director of RREEF Europe (excluding Germany) told PropertyEU. 'Investment has been mainly focused on the UK, and core countries in Continental Europe like France and Germany. But we are ...

  • PropertyEU Archive

    Echo starts development of Galeria Olimpia in Poland

    2011-04-05T00:00:00Z

    Polish property company Echo Investment has started construction of the Galeria Olimpia shopping centre in Belchatów, central Poland. The scheme, which is scheduled for opening in August 2012, will offer 30,500 m[sup]2[/sup] of retail space across 100 shops and 1,100 parking spaces.

  • PropertyEU Archive

    RREEF sells Gothenburg property to Swedish pension fund

    2011-04-05T00:00:00Z

    RREEF Deutschland, the German real estate fund management arm of Deutsche Bank, has sold the Gullbergs Vass office and retail scheme in Gothenburg, Sweden's second largest city to the Swedish pension fund Alecta Pensionsförsäkring for SEK 422 mln (EUR 47 mln). The property was owned by RREEF's open-ended property fund, ...

  • PropertyEU Archive

    Property warrants larger share of global portfolios: ING REIM

    2011-04-05T00:00:00Z

    Real estate warrants a larger share of global multi-asset portfolios than it now commands, according to the latest research from ING Real Estate Investment Management.

  • PropertyEU Archive

    GPR European property index fell 1% in March

    2011-04-04T00:00:00Z

    European stock exchange-listed property funds were down an average 1% in March but up 3% in the first quarter as a whole, according to new figures from Global Property Research.

  • PropertyEU Archive

    Institutional investors commit EUR 100m to PURetail fund

    2011-04-04T00:00:00Z

    Scottish Widows Investment Partnership and Cushman & Wakefield Investors have announced the first close of their Pan-European Urban Retail fund (PURetail) with EUR 100 mln in equity committed by three European institutional investors.

  • PropertyEU Archive

    SEB AM sells ImmoInvest properties for EUR 103m

    2011-04-04T00:00:00Z

    SEB Asset Management has confirmed the sale of two portfolio properties in Germany belonging to its SEB ImmoInvest open-ended real estate fund. The two properties - City Carrée retail park in Salzgitter and the Das ES! shopping centre in Esslingen - were sold for a total of EUR 103 mln.

  • PropertyEU Archive

    GLL obtains EUR 308m facility for CEE portfolio

    2011-04-04T00:00:00Z

    A club of banks arranged by pbb Deutsche Pfandbriefbank has jointly provided a EUR 308 mln facility to Accession Fund SICAV to finance an office and logistics portfolio across Central and Eastern Europe. German fund manager GLL Real Estate Partners acted as adviser to Accession Fund on the transaction which ...

  • PropertyEU Archive

    DIC Asset raises EUR 52m in capital increase

    2011-04-04T00:00:00Z

    German property company DIC Asset said its share capital has increased from EUR 39 mln to EUR 46 mln following a capital increase last week which was more than five times oversubscribed and generated total proceeds of over EUR 52 mln. Shareholders in the Frankfurt-based company subscribed to all 6.5 ...

  • PropertyEU Archive

    CBREI acquires French business park

    2011-04-04T00:00:00Z

    CB Richard Ellis Investors' Pan European Core Fund (PEC) has acquired the Central Parc business park near Paris from a private investor. The global real estate investment manager said that the transaction, arranged by Savills, is the fund's second acquisition in France and third acquisition in Europe. The financial details ...

  • PropertyEU Archive

    Cordea Savills German Retail fund makes two acquisitions

    2011-04-04T00:00:00Z

    Fund manager Cordea Savills has acquired five out-of-town retail warehouse assets on behalf of its German Retail vehicle. Four of the properties, bought as a portfolio, are located in Bavaria and Rhineland-Palatinate. The fund is also taking ownership of a larger retail park near Dortmund.

  • PropertyEU Archive

    ECE opens extension to Altmarkt-Galerie in Dresden

    2011-04-04T00:00:00Z

    ECE Projektmanagement has completed the project to extend the Altmarkt-Galerie shopping centre in the German city of Dresden. The extension work has added around 18,000 m[sup]2[/sup] of sales area to the former Intecta building, creating a new three-storey mall, with around 100 stores, cafés, restaurants and service businesses.

  • PropertyEU Archive

    Sustainable office helps attract top staff: Union Investment

    2011-04-04T00:00:00Z

    The socio-cultural qualities of office buildings are set to play a growing role in the coming years as companies compete to attract the best staff, according to a new report published by Union Investment.

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    Etalon sets price range for London IPO

    2011-04-04T00:00:00Z

    Russian real estate developer Etalon Group has set the price range for its initial public offering on the London Stock Exchange at $7 (EUR 5) to $9 (EUR 6.3), valuing the company at up to $2 bn. Etalon hopes the issue will raise up to $500 mln with a greenshoe ...

  • PropertyEU Archive

    Leading pension funds launch new sustainability index

    2011-04-04T00:00:00Z

    Eleven of the world's largest pension asset managers, representing $1.4 tln (EUR 1 tln) in assets under management, have joined forces to create the Global Real Estate Sustainability Benchmark (GRESB).

  • PropertyEU Archive

    Cerberus bags EUR 1b portfolio from Metro shareholders

    2011-04-01T00:00:00Z

    US private investor Cerberus Capital Management (Cerberus) has completed the acquisition of a EUR 1 bn real estate portfolio consisting of 45 Metro Cash & Carry properties in Germany from the three major shareholders of Metro, Franz Haniel & Cie, Otto Beisheim and the Schmidt-Ruthenbeck family. The deal, which was ...

  • PropertyEU Archive

    Deutsche Hypo places EUR 1b Pfandbrief

    2011-04-01T00:00:00Z

    German lender Deutsche Hypothekenbank has successfully placed a EUR 1 bn public sector Pfandbrief.