All PropertyEU Archive articles 鈥� Page 1779
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PropertyEU Archive
Hines opens Dublin office to capitalise on bank restructuring
International real estate firm Hines has opened an office in Dublin to target real estate and development opportunities emerging from the re-structuring of the Irish banking and real estate sector.
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PropertyEU Archive
Irish rent review causes property investment halt
The Irish property market saw only two investment transactions in the first quarter of 2011, property consultant CB Richard Ellis said on Thursday.
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PropertyEU Archive
New shopping centre completions hit historic low
New shopping centre development in Europe fell by 30% in 2010, the largest decline since 1983, according to a report from Cushman & Wakefield. Around 5.2 million m[sup]2[/sup] of shopping centre space was completed last year, marking the second consecutive year of falling completion levels. The figure also represented the ...
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PropertyEU Archive
Karlin Group sells Keystone to GLL Real Estate
Karl铆n Group has sold the Keystone office building in Prague to the German real estate funds GLL Real Estate Partners. Financial details were not disclosed.
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PropertyEU Archive
Multi opens Forum Marmara in Istanbul
Dutch developer Multi Corporation has opened Marmara Forum in Istanbul. The project, a 50:50 joint venture with Area Property Partners, is Multi's second mall in Istanbul and its first mixed-use project in Turkey.
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PropertyEU Archive
Market sentiment softens in Germany: King Sturge
The King Sturge Real Estate Economy Index for the German market dropped by 2.9% in March, the first time this year that sentiment has softened. But at 140.4, the index remains above its 2010 scores, King Sturge said. The main index was depressed by negative sentiment in the Investment Climate ...
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PropertyEU Archive
Sonae Sierra moves into Morocco
Sonae Sierra, the international shopping centre specialist, has signed a deal with Moroccan companies Marjane (ONA Group) and Fonci猫re Chellah (CDG Group - Caisse de D茅p么t et de Gestion), for the provision of development services for a shopping centre complex in Casablanca.
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PropertyEU Archive
Swedish pension funds to invest EUR 1b in real estate
The First and Second Swedish National Pension funds - AP1 and AP2 - will invest around EUR 1 bn in European real estate via a joint company that will be managed by Catella, Eva Halvarsson, CEO of AP2, told PropertyEU.
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PropertyEU Archive
Partners closes EUR 500m infrastructure fund
Swiss private markets investment manager Partners Group said it has closed its largest dedicated infrastructure investment programme to date, Partners Group Global Infrastructure 2009.
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PropertyEU Archive
NCC Construction to develop EUR 51 mln Aarhus multimedia centre
NCC Construction Denmark has entered into a partnership agreement with the municipality of Aarhus to build a SEK 460 mln (EUR 51 mln) multimedia centre in Aarhus harbour. Work on the project will commence in April 2011.
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PropertyEU Archive
Newsec names new CFO
Northern European property services firm Newsec said that it has recruited Tina Kinch as their new Chief Financial Officer, starting in June. Kinch has a long and broad experience in the financial area, and has held similar positions in several international companies in the service industry. She is currently CFO ...
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PropertyEU Archive
Vailog delivers 20,000 m[sup]2[/sup] distribution facility in Paris
Italian industrial real estate developer and investor Vailog said it has delivered a new distribution platform in Paris to global logistics provider Geodis. The company has completed a 20,300-m[sup]2[/sup] distribution centre in the Port of Paris (Bonneuil-sur-Marne), just 12 km from the Paris ring-road.
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PropertyEU Archive
Lehman buys $1.5b loan portfolio from German unit
A New York bankruptcy court has approved a $957 mln (EUR 680 mln) sale of notes to Lehman Brothers Holdings from its German unit, Lehman Brothers Bankhaus, as part of a larger settlement between Lehman's bankruptcy estate and its affiliates.
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PropertyEU Archive
SEB acquires DnB NOR's mortgage loan portfolio
Swedish bank SEB said on Monday that it has agreed to buy Norwegian lender DnB NOR's retail customer mortgage loan portfolio in Sweden. The agreement covers around 5,000 customers and a mortgage lending volume of approximately SEK 7 bn (EUR 780 mln).
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PropertyEU Archive
Metrovacesa's Arenas opens its doors in Barcelona
Spanish listed property company Metrovacesa has announced the opening of its landmark Arenas shopping centre in Barcelona. Located on the famous Plaza Espa帽a square, the mall is expected to attract up to 10 million visitors per annum. The mall represented a total investment of roughly EUR 200 mln.
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PropertyEU Archive
Testa to launch takeover bid for Tesfran
Spanish property company Testa Inmuebles en Renta, part of the Sacyr Vallehermoso group, has announced plans to launch a takeover offer for its French real estate unit, Tesfran.
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PropertyEU Archive
JLL mandated to sell Mayfair trophy office building
Property investor and developer D2 Private has instructed Jones Lang LaSalle (JLL) to sell its freehold interest in a trophy West End asset at 11-12 St James's Square in London.
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PropertyEU Archive
Swedish pension funds form JV with Catella
The First and Second Swedish National Pension Funds (AP1 and AP2) are setting up a joint venture with financial services and brokerage firm Catella to invest in European real estate, Catella announced on Tuesday.
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PropertyEU Archive
G枚ran Linder leaves Kungsleden for Peab
Swedish listed property company Kungsleden has announced the departure of G枚ran Linder, divisional manager of Public Properties, who in August will join construction company Peab Property Development as a business manager.
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PropertyEU Archive
UFG launches 1st pan-European fund of funds
Investment manager UFG-LFP is launching its first pan-European real estate investment fund of funds in a bid to take advantage of a recovering property market across the continent.
