All PropertyEU Archive articles 鈥� Page 1797
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PropertyEU Archive
First Atlantic to launch fund for Banca Marche
First Atlantic Real Estate has reached an agreement with Banca delle Marche to set up a real estate fund which will own the majority of the Italian lender's network of branches and office buildings, CEO Daniel Buaron told PropertyEU in an exclusive interview.
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PropertyEU Archive
Caelum gets green light for ParkLake Plaza in Bucharest
Ireland's Caelum Development has received a building permit for the Parklake Plaza shopping centre in Bucharest. Construction work is expected to start in July this year.
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PropertyEU Archive
FBU to sell commercial property holdings
Norwegian listed real estate company Fornebu Utvikling (FBU) has announced that it is to sell its commercial property interests in Fornebu, just outside Oslo. The divestment is part of the company's strategy to focus on residential development in Fornebu.
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PropertyEU Archive
Prologis seals development deal in Czech Republic
Global provider of distribution facilities Prologis has signed a new build-to-suit (BTS) development agreement totaling 22,400 m[sup]2[/sup] and with a total expected investment of $19.2 mln (EUR 14 mln).
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PropertyEU Archive
Keen to expand Rzeszow mall in Poland
Keen Property Partners Retail (KPP Retail) has announced that it is to expand Rzesz贸w Plaza shopping centre in Poland due to customer and tenant demand. As a result, the commercial space of the mall will increase by 5,000 m[sup]2[/sup] to a total 19,500 m[sup]2[/sup]. There will be around 15 new ...
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PropertyEU Archive
Vailog to build 32,000-m[sup]2[/sup] shed for Geodis
Italian industrial real estate developer and investor Vailog is starting construction of a new distribution centre in the CSG logistics park in Castel San Giovanni, near Milan. The 32,000-m[sup]2[/sup] facility will be developed for Geodis Logistics, which has agreed to occupy the property in full.
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PropertyEU Archive
REO sells Dublin's tallest office building for EUR 100m
Real Estate Opportunities (REO) has agreed the sale of Montevetro - the tallest commercial office building in Dublin - to Internet giant Google for nearly EUR 100 mln in cash. Completion of the transaction is expected in the near future.
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PropertyEU Archive
SNS books EUR 790m write-down on property finance unit
Bancassurer SNS Reaal booked a net loss of EUR 225 mln in 2010 following a write-down totalling EUR 790 mln on its Property Finance division. In 2009, the group booked a profit of EUR 17 mln.
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PropertyEU Archive
ING REIM buys EUR 82m mall in Stockholm
ING Real Estate Investment Management (ING REIM) has completed the first acquisition on behalf of its European Shopping Centre Fund (ESCF). The global property fund manager, which is being acquired by CBRE Investors - purchased Tyres枚 Centrum, Stockholm, Sweden for EUR 82 mln, reflecting an initial yield of 6.2%.
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PropertyEU Archive
HIH announces two acquisitions in Germany
Hamburgische Immobilien Handlung (HIH) has announced the acquisition of the Portal 10 office building in Munster, northern Germany for a spezialfonds issued by Warburg-Henderson KAG. The property was acquired from Hochtief Project Development for an undisclosed double-digit figure.
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PropertyEU Archive
Integrale, Ogeo Fund bags Antwerp scheme
Belgian insurance group Integrale has joined forces with pension fund Ogeo to acquire the Copernicus office complex in the centre of Antwerp for an undisclosed amount.
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PropertyEU Archive
Viveris REIM to revamp Versailles building
French real estate investment manager Viveris REIM has signed a forward leasing agreement with Blizzard, a developer and publisher of entertainment software, for the Versailles Turgot office building located at Yves le Coz in Versailles, Paris.
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PropertyEU Archive
Europa Capital enters Bulgaria with Plovdiv park buy
Europa Capital has entered into an agreement to acquire Retail Park Plovdiv in Bulgaria from Landmark Property Management for around EUR 20 mln. The transaction - the first by Europa Capital in Bulgaria - was completed on behalf of the company's Europa Emerging Europe Fund.
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PropertyEU Archive
Demand for commercial property improves in Europe
As occupier demand for commercial property gained momentum across most European markets during the last quarter of 2010, rents are expected to improve in the coming months, according to the latest RICS Global Commercial Property Survey.
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PropertyEU Archive
Swedish investors favour home market: INREV
Institutional investors in Sweden show a marked preference for the domestic market in their real estate investments, according to INREV's Investor Universe Sweden Survey 2011.
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PropertyEU Archive
Warburg - Henderson buys Portal 10 in M眉nster
Hochtief Projektentwicklung has sold Portal 10, an office and medical facility in M眉nster, Germany to fund management joint venture Warburg - Henderson. The purchase price was in the double-digit millions. The property on Albersloher Weg has a total rental area of 6,600 m[sup]2[/sup] and was completed in fall 2010.
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PropertyEU Archive
British Land buys Green Lanes mall for EUR 35m
British Land has exchanged contracts for the purchase of the leasehold interest in the Green Lanes shopping centre in Barnstaple, UK for 拢30 mln (EUR 35.5 mln).
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PropertyEU Archive
Savills, Fap offer finance advice to developers
Financial advisor Flatow AdvisoryPartners (FAP) and international real estate advisor Savills have formed a collaboration to provide finance and transactional advice in the property development market.
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PropertyEU Archive
Tag execs appointed to Colonia board
Two executives of Tag Immobilien have been appointed to the management board of Colonia Real Estate. The appointments of Rolf Elgeti and Hans-Ulrich Sutter, respectively CEO and chief financial officer of Tag, come after the Hamburg-based property company increased its shareholding in Colonia to just over 50%.
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PropertyEU Archive
Hendrikse to head European arm of CBREI-ING REIM
Pieter Hendrikse, CEO of ING REIM Europe, will be the new European CEO of the mammoth real estate investment fund manager to emerge from the combination with CBRE Investors.
