All PropertyEU Archive articles 鈥� Page 1806
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PropertyEU Archive
Italy's Fimit closes merger with First Atlantic RE
Italian fund managers Fondi Immobiliari Italiani (Fimit) and First Atlantic Real Estate have reached an agreement for the merger of their real estate fund management businesses, creating a market leader in Italy with over EUR 8 bn of assets and 19 funds under management.
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PropertyEU Archive
Edward Bates leaves as co-head of Doughty Hanson Real Estate
Edward Bates has left European private equity company Doughty Hanson after three years as co-head of Real Estate. Based in Paris and London, Bates had joined the company in 2007 to replace John Howard and lead its growth in continental Europe, supporting fellow co-head Julian Gabriel who is based in ...
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PropertyEU Archive
British Land jv restarts construction of 'Cheesegrater'
British Land and Oxford Properties have recommenced construction of The Leadenhall Building, dubbed the Cheesegrater, in London's Square Mile. Contractors are back on site and pressing ahead with the laying of structural support for the 56,000-m[sup]2[/sup] building.
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PropertyEU Archive
RICS receives EU grant for energy efficiency project
The Royal Institution of Chartered Surveyors (RICS) has received a European Commission grant of EUR 260,000 to launch Trainrebuild, a two-year project which will advise residential property owners across Europe on how to improve the energy efficiency of their buildings.
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PropertyEU Archive
Modest rental growth in Europe's office markets: JLL
Modest growth persisted throughout quarter four (Q4) 2010 in Europe鈥檚 office markets with Jones Lang LaSalle's Office Rental Index rising 0.8% over the quarter and by 5.4% over the year. Jones Lang LaSalle鈥檚 European Office Clock also highlighted an increase in occupier activity over the quarter with take-up increasing 20% ...
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PropertyEU Archive
CSC shareholders back EUR 1.8b Trafford Centre deal
London-listed Capital Shopping Centres has received overwhelming backing from its shareholders for its plan to acquire the Trafford Centre in Manchester in one of the largest single-asset deals in the UK. The deal is valued at 拢1.6 bn (EUR 1.8 bn).
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PropertyEU Archive
Internos to advise on EUR 170m worth of funds
Internos Real Investors said on Wednesday that it has been appointed as fund and asset manager of Merchant Place Property Partnership 51B (MP51B), which owns 17 retail assets in Germany valued at around EUR 70 mln.
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PropertyEU Archive
BNP Paribas REIM buys and sells for EUR 562m in 2010
BNP Paribas Real Estate Investment Management said that it has completed over EUR 562 mln worth of transactions in 2010 on behalf of its funds. The figure represents a 45% increase on the total transactional volume reported in 2009.
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PropertyEU Archive
Bank sales will dominate 2011 hotel investment market
Hotel investment volumes in the EMEA region are expected to grow by 18% to EUR 8.3 bn in 2011, from EUR 7 bn in 2010, according to Jones Lang LaSalle Hotels' latest Hotel Investment Outlook report.
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PropertyEU Archive
CPI snaps up Hilton hotel Valencia for EUR 42m
Continental Property Investments (CPI), the Paris-based real estate investment firm of Lebanese businessman Boutros El Khoury, has acquired the five-star Hilton hotel Valencia out of administration for a bargain basement price.
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PropertyEU Archive
Rockspring buys Dutch mall for EUR 44m
Rockspring Property Investment Managers has bought a 40,000-m[sup]2[/sup] shopping centre located in the Dutch city of Den Bosch for over EUR 44 mln. The deal comes shortly after the opening by Rockspring of an office in the country to focus on asset management and sourcing acquisitions. The vendor was Unibail-Rodamco.
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PropertyEU Archive
LaSalle, Curtis JV to acquire London industrial site
LaSalle Investment Management and Curtis Real Estate (CRE) have partnered to acquire a prime industrial site on White Hart Lane, Tottenham. The proposed scheme is believed to be one of the first major developments of industrial space in Greater London for several years.
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PropertyEU Archive
Gazeley to build new UK centres for Tesco and B&Q
Global logistics property developer Gazeley has announced plans to construct two new major projects in the UK. In the southwest of England, the company will develop a 74,000-m[sup]2[/sup] built-to-suit (BTS) distribution centre at G. Park Swindon for the British DIY chain, B&Q. The scheme is expected to be delivered in ...
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PropertyEU Archive
IPD: Shallow negative Irish return masks steep capital falls
Irish commercial property delivered an annual total return of -2.4% last year, a vast improvement on 2009 when total returns declined by 23.3%, according to the SCS/IPD Ireland Quarterly Property Index.
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PropertyEU Archive
GOEFs limitations now official, says EPRA
The European Public Real Estate Association (EPRA) has responded to the announcement of new restrictions imposed on German open-ended real estate funds (GOEF) by repeating its call for the expansion of the German listed property sector.
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PropertyEU Archive
Redevco Germany invests EUR 100m in retail expansion
Dutch private property company Redevco is rolling out an expansion strategy in Germany that aims to restructure and substantially grow its portfolio in the country.
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PropertyEU Archive
Deka buys Schloss-Arkaden mall for EUR 250m
German fund manager Deka Immobilien has announced the purchase of Schloss-Arkaden shopping centre in Brunswick, near the German city of Hannover from the CS Euroreal fund managed by Credit Suisse Asset Management. With a transaction volume of EUR 250 mln, the acquisition is one of Germany's largest single-asset property deals ...
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PropertyEU Archive
4IP buys Sal Oppenheim property investment business
The management of 4IP and Sal Oppenheim Corporate Finance has acquired the real estate investment business of Sal Oppenheim jr & Cie. Corporate Finance that was established four years ago.
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PropertyEU Archive
Ghelamco sells Crown Square to Invesco RE
Belgian developer Ghelamco has sold its Crown Square office project in the Wola district of Warsaw to international property investment manager Invesco Real Estate (IRE). The Breeam certified class-A office building was sold for nearly EUR 64 mln.
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PropertyEU Archive
Unicredit provides finance for Czech mall project
Italian lender Unicredit and local bank Komercn铆 have agreed to provide project financing for the development of the Breda & Weinstein shopping centre in the historical centre of the northern Czech city of Opava.
