All PropertyEU Archive articles 鈥� Page 1796
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PropertyEU Archive
Amundi buys from IVG in Paris
French real estate investment manager Amundi Immobilier has acquired the Quai 50 office building from Germany's IVG Institutional Funds for an undisclosed amount.
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PropertyEU Archive
Cap & Reg completes Waterside mall deal
UK company Capital & Regional has completed the acquisition of The Waterside Shopping Centre in the cathedral city of Lincoln from clients of investment manager Prupim for 拢24.8 mln (EUR 29 mln). The transaction was first announced on 9 February.
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PropertyEU Archive
Sonae Sierra signs contracts in Italy and Romania
Sonae Sierra, the international shopping centre specialist, has signed three important contacts: one for the provision of marketing services for a commercial project in Italy, and two tenant contracts for the Adora Mall development in Romania.
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PropertyEU Archive
Global office revival firmly entrenched: DTZ
The outlook for global commercial property markets will be determined by the exact future path of the two-speed economic recovery currently underway, according to DTZ's 2011 Global Outlook report. Strong GDP growth projections in most Asian and CEE countries will trigger strong occupier demand. In turn, this underpins strong rental ...
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PropertyEU Archive
Gawein Minks named MD of Multi Ukraine
Gawein Minks, a senior developer in Multi Corporation's Dutch headquarters for the last 5 years is to be based permanently in Kiev as managing director of Multi Ukraine from 1 March. Minks has been increasingly focusing on the Ukraine market since mid-November and more since the departure of his predecessor ...
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PropertyEU Archive
Hochtief's Rondio 1 receives LEED Gold cert
German construction-development group Hochtief has announced that its completed office scheme Rondo 1 in Warsaw is the first multi-tenant building in Europe to receive the LEED Gold certificate in the Existing Buildings category.
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PropertyEU Archive
Alstria strikes in Hamburg in 3rd deal this year
German listed property company Alstria office REIT has agreed to acquire a single fully let office building in Hamburg. The financial details were not disclosed but CEO Olivier Elamine said, 'This is the third asset acquired by Alstria in our core market of Hamburg this year'.
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PropertyEU Archive
Sagax, Hemfosa sell offices for EUR 43m
S枚derport Properties, a 50/50 joint venture of Swedish listed companies Sagax and Hemfosa Fastigheter, has sold a portfolio of six office properties in central Malmo, Sweden. The transaction price amounts to around SEK 380 mln (EUR 43 mln) and is in line with the assets' current market value.
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PropertyEU Archive
CPPIB buys 50% stake in EUR 700m Centro deal: report
Canada Pension Plan Investment Board (CPPIB) has declined to comment on a media report suggesting it is acquiring a 50% stake in the massive Centro retail scheme near Dusseldorf for EUR 700 mln.
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PropertyEU Archive
Hines seals EUR 50m refinancing of Spanish mall
US developer, investor and investment manager Hines has reached an agreement with German lender Eurohypo for the refinancing of its Zielo shopping centre in the Spanish city of Pozuelo de Alarcon, near Madrid. Eurohypo will provide a new financing facility of EUR 50 mln for the LEED-certified mall.
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PropertyEU Archive
Icade plans EUR 900m development drive
French property company Icade said that it is planning to re-invest the proceeds from the sale of its EUR 2 bn housing portfolio into commercial property assets 'generating immediate secure cash flows'.
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PropertyEU Archive
NREP buys two logistics assets in Sweden
Nordic Real Estate Partners (NREP) has signed an agreement to acquire two logistics assets in Sweden from property company Kilenkrysset for SEK 445 mln (EUR 51 mln).
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PropertyEU Archive
Overseas interest booms in Madrid: Savills
Overseas interest in Madrid offices accounted for a 31% increase in transactions in 2010, up from 2% in 2009, according to a Savills report.
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PropertyEU Archive
Bouygues consortium to develop Defence Ministry HQ
The French Ministry of Defence has chosen a Bouygues-led consortium for the development of its future headquarters on the 16-hectare Balard site, south of the 15th arrondissement of Paris.
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PropertyEU Archive
Christie + Co to market UK Campanile Hotels
Christie + Co has been instructed by the Louvre Hotels group to market 18 Campanile hotels in the UK. The hotels are spread across the UK in key locations such as Cardiff, Glasgow, Birmingham, Liverpool, and Manchester, and comprise 1,548 bedrooms in total.
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PropertyEU Archive
Corio books EUR 376m profit in 2010
Pan-European retail real estate specialist Corio saw a strong improvement in its financial performance last year. The Amsterdam-listed company reported a net profit of EUR 375.7 mln or EUR 4.31 per share. This compares to a negative EUR 131.9 mln (-EUR 1.83 per share) a year earlier.
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PropertyEU Archive
Bucharest's City Mall to be auctioned for EUR 33m
Casa de Insolvent茫 Transilvania, administrator of the City Mall scheme in Bucharest, has announced that the asset is to be auctioned on 31 March with a starting price of EUR 33 mln.
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PropertyEU Archive
Rental uncertainty halts EUR 350m Dublin mall deal
The struggling Irish real estate market has been dealt a new blow by the collapse of the sale of the country's largest shopping centre. Aviva Investors confirmed on Friday that negotiations to sell the 44,000-m[sup]2[/sup] Liffey Valley centre to F&C REIT and Area Property Partners have been halted.
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PropertyEU Archive
Abercrombie and Fitch come to Dublin
Major US fashion and lifestyle retailer Abercrombie and Fitch is to open its first store in Dublin. The fashion giant's latest European store will be located at 34 College Green, a former banking hall building, in the Irish capital's city centre.
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PropertyEU Archive
Cau毛t to head retail unit at Affine
Pierre-Emmanuel Cau毛t has been appointed head of retail assets at French listed property group Affine. The company manages, for its account or that of French SIIC AffiParis, a portfolio of 87 buildings with an estimated value of EUR 822.3 mln. The portfolio comprises 668,000 m[sup]2[/sup] in France, including 17% of ...
