All PropertyEU Archive articles 鈥� Page 1793
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PropertyEU Archive
Espais refinances EUR 630m debt load
Spanish real estate developer Espais has clinched a refinancing deal for its EUR 630 mln debt pile. The Barcelona-based company has agreed to transfer properties to its creditor banks in exchange for debt reduction and liquidity.
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PropertyEU Archive
Vastned funds to abandon joint management
Vastned Offices/Industrial and Vastned Retail have announced their intention to end their existing joint cooperation for the management structure from 1 January 2012. 'As a result of the termination of the cooperation both funds will have their own management team. With a view to the specific market conditions even more ...
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PropertyEU Archive
Sentiment hits all-time high in Germany: King Sturge
The springtime recovery of the German macro-economy is spilling over into the real estate industry. This is the key conclusion of the monthly King Sturge Real Estate Economy Index in its February survey among 1,000 relevant market players.
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PropertyEU Archive
LaSalle gets green certs for Le Delage and Le Bleriot
LaSalle Investment Management has announced that its French office buildings, Le Delage and Le Bleriot have been awarded green certification.
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PropertyEU Archive
JLL boosts UK Retail team
Jones Lang LaSalle's Property and Asset Management business in the UK has announced that Catherine Lambert, head of its Retail Management team, has moved into a new role as chairman of Retail Management whilst Richard Davies takes the role of lead director. Lambert, who joined the firm from CBRE in ...
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PropertyEU Archive
Online shopping boosts European retail sales: CBRE
Online retailing emerged as the big winner over the 2010 Christmas period as many European markets saw shoppers increase their spending via the internet, bolstering retail sales growth in Europe, according to the latest analysis by CB Richard Ellis (CBRE).
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PropertyEU Archive
Raven Russia buys warehouse project in Moscow
Warehouse specialist Raven Russia has agreed to buy Karta Realty, the owner of the Southgate warehouse project in the Domodedovo district of Moscow, for $54.5 mln (EUR 39.5 mln). The Southgate project is located close to the international airport and comprises a Grade A warehouse complex of 76,550 m2, which ...
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PropertyEU Archive
EuropaFeldberg recruits Schaal for new core fund
European property fund manager EuropaFeldberg has announced the appointment of Stephan Schaal to its investment team as investment director.
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PropertyEU Archive
Developers see project pipelines expand
Europe's leading developers have slightly fuller pipelines in volume terms compared with 2010, marking a turnaround from the past three years when projects were put on ice or scrapped altogether due to lack of financing. The overall pipeline figure for the top 25 developers in Europe grew by around 5% ...
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PropertyEU Archive
European stocks outperform in February
European listed stocks turned in the best performance globally in February, with the GPR 250 Europe Index rising 5.4% over the month. Asian stocks fared less well, with the GPR 250 Asia falling 0.8%.
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PropertyEU Archive
Savills expands in Sweden
International real estate advisor Savills has acquired Stockholm-based property management firm Stadsmuren, providing a new service offering for its clients in Sweden and adding to its European property management network.
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PropertyEU Archive
Fahrer joins Warburg-Henderson to oversee Koop fund
Hamburg-based Warburg-Henderson has appointed Daniel Fahrer as new senior portfolio manager with responsibility for the new Koop fund.
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PropertyEU Archive
Gecina in talks to buy EUR 239m of nursing homes
French listed property group Gecina is in exclusive negotiations to buy a portfolio of 31 nursing homes, operated by Group DVD and Korian, for a total of EUR 239 mln. The transaction is expected to generate a net yield of 6.35%.
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PropertyEU Archive
KDD to invest EUR 371m in Sky Towers project
AIM-listed developer KDD Group has signed an agreement with engineering company Kyiv Zhytlo-Invest, the general contractor of its flagship Sky Towers office and hotel project in Kiev, for the development of the scheme involving construction costs of roughly $455 mln (EUR 331 mln).
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PropertyEU Archive
Henderson acquires Cambridge retail for EUR 39m
Henderson Global Investors has acquired Christ's Lane, a prime high street asset in Cambridge, from Land Securities, for 拢33. mln (almost EUR 39 mln), reflecting a 5.25% net initial yield. Henderson has acquired the asset on behalf of its German joint venture - Warburg-Henderson.
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PropertyEU Archive
Barrondo to manage EUR 4bn GE portfolio
GE Capital Real Estate has announced the promotion of Xabier Barrondo to Western Europe cluster leader and managing director for France. In this new position based in Paris, Barrondo will manage GE Capital Real Estate's EUR 4 bn regional portfolio and lead France, Spain and Italy with a direct oversight ...
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PropertyEU Archive
Goodman to develop logistics centre for Amazon in Germany
Goodman Group has signed a contract with Amazon, one of the world's leading online e-commerce providers, to develop an 110,000-m[sup]2[/sup] logistics centre in Rheinberg, near Duisburg in Germany. Amazon plans to create up to 1,000 long term jobs in Rheinberg.
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PropertyEU Archive
Bestseller Retailer to expand in Ireland
Bestseller Retailer Group has launched a search for 30 new stores across Ireland, a venture which will create over 200 jobs in the next 12-18 months and shows confidence in the Irish market, according to Savills. The international real estate advisor has been appointed by the Danish group, which ...
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PropertyEU Archive
Corio books strong increase in direct result
Amsterdam-listed Corio has booked a direct result of EUR 251 mln for 2010 up from EUR 218 mln the year before largely thanks to the EUR 1.3 bn pan-European portfolio acquisition from Multi Corporation last year. Europe's third largest shopping centre specialist saw its operational portfolio increase in value from ...
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PropertyEU Archive
Pramerica-Panattoni jv to build Stuttgart warehouse
Panattoni Europe, a leading developer of warehouse and logistics space, has begun to develop a new 16,400-m[sup]2[/sup] warehouse near Stuttgart, Germany as part of its new joint venture with Pramerica Real Estate Investors. The project is being built for Lakner Spedition und Logistik. Pramerica Real Estate Investors is the European ...
