All PropertyEU Archive articles – Page 1804

  • PropertyEU Archive

    Interview: 'ING RED isn't dead: it's downsizing'

    2011-02-02T00:00:00Z

    The international real estate development arm of Dutch banking group ING is gearing up for an i'ntensive phase' in its existence, unit CEO Hein Brand told PropertyEU Magazine.

  • PropertyEU Archive

    Catella advises on EUR 170m sale in Sweden

    2011-02-01T00:00:00Z

    Catella Corporate Finance has advised Swedish listed real estate firm Catena on the sale of the majority of its car showroom portfolio in Sweden for SEK 1.5 bn (EUR 170 mln). The buyer of the 25 assets is Stockholm-listed property company Balder Fjorton. Shareholders of both Catena and Balder voted ...

  • PropertyEU Archive

    Catella reports transaction volume of EUR 6.2b for 2010

    2011-02-01T00:00:00Z

    Catella implemented property transactions worth a total of SEK 59.1 bn (EUR 6.2 bn) during 2010. During the same period, transactions in the Nordic region and Continental Europe amounted to SEK 39.1 bn (4.1 EUR bn) and SEK 20 bn (EUR 2.1 bn), respectively.

  • PropertyEU Archive

    AEW eyes 30% rise on EUR 2.3b volume in 2010

    2011-02-01T00:00:00Z

    AEW Europe is targeting a 30% rise in the value of its property deals in 2011 to around EUR 3 bn, after concluding transactions worth EUR 2.3 bn in 2010 in difficult market conditions, making it one of the leading real estate investment managers in Europe.

  • PropertyEU Archive

    Citycon aims to double portfolio by 2015

    2011-02-01T00:00:00Z

    Nordic shopping centre investor Citycon has potential to double its portfolio in the next four to five years, according to Chaim Katzman, chairman of the Citycon Board of Directors and Citycon's major shareholder Gazit-Globe. Currently Helsinki-based Citycon has a portfolio comprising 33 shopping centres and 49 other retail properties with ...

  • PropertyEU Archive

    Deka makes EUR 40m purchase in Mainz

    2011-02-01T00:00:00Z

    Fund manager Deka Immobilien has acquired a business and retail complex in the German city of Mainz for about EUR 40 mln. The 6,500-m[sup]2[/sup] property is being contributed to the WestInvest TargetSelect Shopping fund. The vendor is B+L Real Estate. The main tenant of the property is drug store ...

  • PropertyEU Archive

    Pradera gears up for Italian acquisitions

    2011-02-01T00:00:00Z

    After the acquisition in November of three Polish malls, retail property fund manager Pradera Europe is preparing to play its next card. In an interview with PropertyEU, the head of Pradera’s Italian arm Roberto Limetti says the company is finalising talks on over EUR 300 mln worth of retail deals ...

  • PropertyEU Archive

    Westimmo's Peter Denton to join BNP Paribas

    2011-02-01T00:00:00Z

    Peter Denton, a managing director and head of financial sponsors coverage at German bank Westimmo, is moving to French bank BNP Paribas in April as head of real estate finance.

  • PropertyEU Archive

    Cassinis named Italian CIO of STAM Europe

    2011-02-01T00:00:00Z

    Mathieu Cassinis has joined real estate investor Stam Europe as the new chief investment officer of the Italian business. Since 2003 Cassinis has been general manager of transactions at Schroders, where he has been handling over EUR 1 bn of acquisitions and sales, mainly of core/core+ assets.

  • PropertyEU Archive

    Investors lack clear sustainability evaluation criteria: Union Investment

    2011-02-01T00:00:00Z

    Assessing the sustainability of buildings is still problematic for investors, although a growing number of them now systematically collect metrics on their existing properties. Professional investors also largely agree on which KPIs are needed to evaluate ecological sustainability. However, there is a lack of clear evaluation criteria for sustainable buildings ...

  • PropertyEU Archive

    Viveris Reim launches green OPCI fund

    2011-02-01T00:00:00Z

    French real estate investment manager Viveris Reim has announced plans to start marketing a new Organisme de Placement Collectif en Immobilier (OPCI) investment vehicle focusing on sustainable, energy-efficient properties.

  • PropertyEU Archive

    Global office market saw rental growth in 2010: C&W

    2011-01-31T00:00:00Z

    The global occupational office market recovered from the downward trend seen in 2009 to positive rental growth in 2010, according to the latest research data from Cushman & Wakefield.

  • PropertyEU Archive

    Gecina completes EUR 500m bond issue

    2011-01-31T00:00:00Z

    French SIIC Gecina said it has carried out a new EUR 500 mln bond issue, with a maturity of five years through to February 2016. The issue, which was placed last week, was more than six times oversubscribed, reflecting a resurgence in interest among European investors.

  • PropertyEU Archive

    Prelios, ING RED sell Hamburg scheme for EUR 73m

    2011-01-31T00:00:00Z

    Italy's listed real estate group Prelios has announced the sale of 95% of the Blankanese Bahnhofsplatz mixed-use scheme in Hamburg, Germany for around EUR 73 mln. The property, which represents a partnership of the Italian property company (47%), ING Real Estate Development (50%) and other shareholders (3%), was sold to ...

  • PropertyEU Archive

    RREEF sells Milan asset for EUR 75m

    2011-01-31T00:00:00Z

    The Italian fund management unit of Deutsche Bank's RREEF has sold an office building at Via Meravigli 7 in Milan to the Milan chamber of commerce.

  • PropertyEU Archive

    Zavala to head Savills office agency in Madrid

    2011-01-31T00:00:00Z

    International real estate advisor Savills has recruited Ana Zavala, who has more than 20 years experience in real estate, to direct its office agency team in Madrid. Previously Zavala was director of real estate investments at Colliers, where she worked with national and international clients. Before this she spent 15 ...

  • PropertyEU Archive

    Prologis and AMB agree 'merger of equals'

    2011-01-31T00:00:00Z

    US listed firms Prologis and AMB Corporation have agreed what they describe as a 'merger of equals'. The combined global industrial property specialist will have a pro forma equity market capitalisation of $14 bn (EUR 10 bn and about $46 bn (EUR 34 bn) of assets under management.

  • PropertyEU Archive

    SFL names new COO, completes restructuring

    2011-01-31T00:00:00Z

    French SIIC Société Foncière Lyonnaise (SFL) said that it has appointed Dimitri Boulte as chief operating officer. He will directly supervise the asset management team and lead the development, leasing/marketing, technical and property management departments headed respectively by Jean-Luc Potier, Marc Stravopodis, Franck Dattée and Franck Morin.

  • PropertyEU Archive

    C&W to sell Italian hotel portfolio

    2011-01-31T00:00:00Z

    Italian hotel operator Gruppo Boscolo has mandated Cushman & Wakefield (C&W) to sell a portfolio of four hotel properties located in Rome, Florence and Venice and offering a total of 396 hotel rooms.

  • PropertyEU Archive

    Niam expands into the Danish property market

    2011-01-31T00:00:00Z

    Nordic investor Niam is opening its first office in Copenhagen on February 1 and has recruited Kristian Krogh as head of the new Danish operations.