All PropertyEU Archive articles – Page 1810

  • PropertyEU Archive

    Emerging Asia leads in 'green' solutions

    2011-01-18T00:00:00Z

    Emerging Asia leads the world in the implementation of sustainable real estate solutions finds the Q3 2010 RICS Global Property Sustainability Survey.

  • PropertyEU Archive

    Union Investment sells Whitefriars to exploit demand for core assets in London

    2011-01-18T00:00:00Z

    Hamburg-based Union Investment Real Estate has sold the Whitefriars office building in London to the Employee Provident Fund of Malaysia (EPF) for around £148 mln (EUR 176 mln).

  • PropertyEU Archive

    Roman Menzel joins Bouwfonds REIM

    2011-01-18T00:00:00Z

    Roman Menzel has joined Bouwfonds REIM Germany as Head of Private Clients effective 1 January. He will primarily be responsible for the closed-end real estate fund business, with a focus on residential and office real estate.

  • PropertyEU Archive

    Invesco starts buying for UK fund

    2011-01-18T00:00:00Z

    Invesco Real Estate (IRE), the international property investment manager, has completed the first acquisition for its third UK fund of a retail property in Bromley, South-East London for £17.05 mln (EUR 20 mln). The property is predominantly let as a department store to British Home Stores, with an office component ...

  • PropertyEU Archive

    European prime yields edge down: CBRE

    2011-01-18T00:00:00Z

    The pace of adjustment to European commercial property prime yields slowed in the fourth quarter of 2010, contrary to larger shifts in prime value measures seen in previous years. Prime yields continued to fall across the region, but the speed of movement has clearly slowed, marking a period of ...

  • PropertyEU Archive

    David Dintilhac joins Savills' property management team in France

    2011-01-18T00:00:00Z

    International real estate advisor Savills has strengthened its property management team in Paris with the appointment of David Dintilhac.

  • PropertyEU Archive

    DTZ takes over property management services in Zlote Tarasy

    2011-01-18T00:00:00Z

    DTZ has been appointed to provide property management and leasing services for retail part of the Zlote Tarasy mixed-use complex in Warsaw. Zlote Tarasy is a prime location retail-office complex with more than 200 stores on 65,500 m[sup]2[/sup] GLA.

  • PropertyEU Archive

    Jones Lang LaSalle moves into Switzerland

    2011-01-18T00:00:00Z

    Jones Lang LaSalle has confirmed that the Swiss-based Sal. Oppenheim Real Estate team will join the property advisory group on 1 February 2011. The addition of 11 established real estate professionals means that Jones Lang LaSalle will now have an 'on the ground' presence in Switzerland with a fully owned ...

  • PropertyEU Archive

    RREEF Germany acquires EUR 1.8 bn of property in 2010

    2011-01-17T00:00:00Z

    RREEF acquired properties worldwide totalling EUR 1.8 bn for its German real estate mutual funds and real estate special funds in 2010.

  • PropertyEU Archive

    Eurohypo provides EUR 107m facility to Derwent London

    2011-01-17T00:00:00Z

    German commercial real estate lender Eurohypo has provided a £90 mln (EUR 107 mln) secured facility to UK REIT Derwent London. The seven-year facility replaces existing facilities and is initially secured against two assets.

  • PropertyEU Archive

    HGI sells Telstar House for EUR 116m

    2011-01-17T00:00:00Z

    Henderson Global Investors has agreed the sale of Telstar House, Eastbourne Terrace in London for £97 mln (EUR 116 mln), reflecting a net initial yield of 5.1%. The property is let to Rio Tinto European Holdings and has been sold to a private Jersey company.

  • PropertyEU Archive

    German investment reaches EUR 19bn in 2010: CBRE

    2011-01-17T00:00:00Z

    Commercial real estate investment turnover in Germany grew to EUR 19.1 bn in 2010, an 83% increase on the total turnover recorded in 2009, according to the latest data published by CB Richard Ellis (CBRE). The growth in investment stems from rapid economic recovery and sustained investor confidence in the ...

  • PropertyEU Archive

    Predica, FdM complete EUR 378m deal with Accor

    2011-01-17T00:00:00Z

    Crédit Agricole's Predica unit and French real estate investment trust Foncière des Murs (FdM) announced that their 80/20 partnership has finalised the EUR 378 mln acquisition of a portfolio of 49 hotels from the Accor group.

  • PropertyEU Archive

    Auchan sells and leases back Italian HQ for EUR 63m

    2011-01-17T00:00:00Z

    Italian REIT Beni Stabili has acquired Auchan's Italian headquarters in Assago Milanofiori, near Milan in a EUR 63 mln sale-and-leaseback transaction with the French retail group.

  • PropertyEU Archive

    ING talking to 'several parties' about REIM sale

    2011-01-17T00:00:00Z

    Dutch financial group ING has said that it is in discussions with 'several parties on a possible sale of parts' of ING Real Estate Investment Management. These discussions, it said, are taking place within the context of an evaluation of the position of the property fund management business within ING's ...

  • PropertyEU Archive

    Chinese Estates acquires Goldman Sachs' London HQ

    2011-01-17T00:00:00Z

    Chinese Estates has acquired River Court, the larger of the two buildings which make up Goldman Sachs' European headquarters on Fleet Street in the City of London. The Hong Kong-listed property group run by billionaire Joseph Lau paid about £280 mln (EUR 334 mln), reflecting a net initial yield of ...

  • PropertyEU Archive

    Valad names Clem Salwin as acting CEO

    2011-01-17T00:00:00Z

    Sydney-listed Valad Property Group has appointed Clem Salwin as acting CEO with immediate effect. The appointment follows the receipt of an indicative, incomplete offer in mid-December for Valad's European business from a consortium of Valad management personnel, including managing director Peter Hurley. As a result of his involvement in the ...

  • PropertyEU Archive

    LaSalle appoints Martin Jochem as joint MD of German KAG

    2011-01-17T00:00:00Z

    LaSalle Investment Management has announced the appointment of Martin Jochem as joint managing director of the newly licensed investment vehicle La Salle Kapitalanlagegesellschaft (LaSalle KAG) in Munich, Germany.

  • PropertyEU Archive

    Goddman sells buildings in Hampshire business park

    2011-01-17T00:00:00Z

    Global property group Goodman has sold a number of buildings at its Solent Business Park, Fareham, Hampshire, to COIF Charities Property Fund for an undisclosed sum. The deal incorporates the sale of six adjacent buildings for a combined 5,600 m[sup]2[/sup] within the first phase of development on the 232,000-m[sup]2[/sup] park. ...

  • PropertyEU Archive

    Aviva fund bags £114m of deals at year-end

    2011-01-14T00:00:00Z

    In the last two weeks of December Aviva Investors’ Lime Property Fund completed four investment transactions totalling £114 mln EUR 136 mln), the company announced in a press release.