All PropertyEU Archive articles 鈥� Page 1800
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PropertyEU Archive
Precise Hotels acquires 5-star El Rompido in Spain
Property adviser Christie + Co, acting on behalf of Spanish hotel chain Set Hotels, has sold the freehold of the five-star hotel El Rompido Golf on the west coast of Huelva, Spain, to Precise Hotels Collection for an undisclosed sum.
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PropertyEU Archive
Klepierre acquires Romagna retail park for EUR 69m
Listed French property group Klepierre has acquired the Romagna Retail Park in Italy for EUR 69 mln. The asset was sold by Pradera Europe on behalf of its PERF Fund. Jones Lang LaSalle acted for Pradera.
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PropertyEU Archive
Union snaps up Zebra Tower in Warsaw for EUR 76m
Union Investment has signed an agreement to buy the Zebra Tower office and retail building in Warsaw for around EUR 76 mln. The purchase - Union's third in Warsaw in less than 12 months - was carried out on behalf of the group's Immo-Invest: Europa fund.
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PropertyEU Archive
Half of corporates willing to pay more for 'green' - CoreNet
Half of corporate real estate executives are willing to pay extra for space in green buildings, according to the fourth annual Sustainability Survey conducted by CoreNet Global and Jones Lang LaSalle.
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PropertyEU Archive
La Salle IM opens office in Dubai
LaSalle Investment Management (LaSalle IM) has opened a representative office in Dubai in support of its commitment to the company's Middle Eastern clients.
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PropertyEU Archive
Immofinanz sells Hamburg high-street property
Austria's Immofinanz Group has announced the sale of its A1 high-street retail property in Hamburg, Germany to Aachener Grundverm枚gen Kapitalanlagegesellschaft. Although the companies agreed not to disclose the transaction value, Immofinanz said the price substantially exceeded the property's carrying value.
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PropertyEU Archive
Panattoni in new 30,600 m[sup]2[/sup] development in Silesia
Warehousing operator and developer Panattoni Europe is expanding its warehouse park portfolio in Silesia, Poland with the development of a new 30,600 m[sup]2[/sup] facility. Construction of the Panattoni Park Gliwice I and Panattoni Park Gliwice II projects is expected to start in March-April this year.
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PropertyEU Archive
French market to see speculative development in 2011: C&W
Acute shortages in prime office and retail stock are prompting French developers to re-start building on a speculative basis after over three years of cautious pre-let building activity, according to Cushman & Wakefield.
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PropertyEU Archive
HIH plans launch of facility management unit in 2011
HIH Property Management (HPM), the property management unit of HIH Group, said it is planning to create a new subsidiary providing facility management services this year in a bid to complement its offer to clients.
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PropertyEU Archive
Patrizia acquires plot in D眉sseldorf's Oberkassel district
The development arm of Frankfurt-listed Patrizia Immobilien has purchased two plots totalling 7,500 m[sup]2[/sup] at the Belsenpark development project in the Oberkassel district of Dusseldorf. The vendor is Vivico Real Estate, a subsidiary of Austrian property company CA Immo. Both sides agreed not to disclose the purchase price.
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PropertyEU Archive
Anixton instructed to sell IVG's Tervueren Plaza
German fund management group IVG has mandated real estate advisory firm Anixton to dispose of the Tervueren Plaza office scheme in Brussels. The property is located on the prestigious Avenue de Tervueren facing the Palais Stoclet in Brussels and comprises 10,000 m[sup]2[/sup] of office space.
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PropertyEU Archive
ULI Europe appoints Joe Montgomery as new CEO
The Urban Land Institute (ULI) has appointed Joe Montgomery as its new CEO for ULI Europe. Montgomery is currently director general of the Thames Gateway regeneration scheme in London. He will take up his new position at ULI Europe at the end of March.
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PropertyEU Archive
MPC Capital bags Philip Morris HQ project in Munich
German developer and asset manager Investa Group has sold the iCU - Intelligence Cube office development project located in Gr盲felfing, near Munich, to MPC Capital. The companies agreed not to disclose the transaction price.
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PropertyEU Archive
Tristan Capital starts capital raising for third fund
Tristan Capital Partners has started capital raising for its third pan-European fund, with the first close expected in April. The London-based fund manager is aiming to raise a total of EUR 500 mln for the fund which will focus on core plus investments across all sectors in the UK and ...
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PropertyEU Archive
Istanbul rises in ULI/PwC city ranking
Istanbul has ousted London as the top spot for new acquisitions in the ULI/PwC Emerging Trends in Real Estate 2011 report, moving up from 5th place a year ago. It also ranks number one again for development and has moved up from 7th place to number two behind Munich for ...
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PropertyEU Archive
C&W to manage tender for operator of new Sochi resort
Top Project, the investor and developer of a new resort in Sochi, has mandated Cushman & Wakefield's Hospitality team to conduct an international tender to secure an operator for their 2,300-room resort in a prime location within the Imeritinsky Lowland in the Winter Olympic city of Sochi, on the Black ...
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PropertyEU Archive
Vinci sells Nantes retail project to Proudreed
French development group Vinci Immobilier has sold the retail element of the Carr茅 Feydeau development project in Nantes, France to private investor Proudreed and an unnamed Italian partner for an undisclosed amount.
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PropertyEU Archive
ATP launches EUR 700m real estate fund
Copenhagen-based ATP Real Estate said it is looking to deploy EUR 700 mln in fresh real estate acquisitions on the European continent, including Central and Eastern Europe as well as the US after having finalised investments for its first fund.
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PropertyEU Archive
Brounen appointed to new RE chair at Tilburg University
Dirk Brounen has been appointed to the new chair in Real Estate Economics at Tilburg University in the Netherlands. Brounen, a leading European real estate academic, will continue his research on a range of subjects including risk management, regulation, sustainability, and the performance of real estate investments.
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PropertyEU Archive
Area Property, Sovereign Land buy Ayr Central mall
UK property and construction group Henry Boot has agreed the 拢33.8 mln (EUR 40 mln) disposal of Ayr Central shopping centre and, separately, the sale of optioned land with planning permission for 700 dwellings at Buckingham. The mall was acquired by Sovereign Land and AREA Property Partners for a net ...
