All PropertyEU Archive articles 鈥� Page 1816
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PropertyEU Archive
Prelios sells 13.6% of Cloe fund to GIC
The Government of Singapore Investment Corporation (GIC) has acquired a 13.6% stake in the Cloe closed-end real estate fund managed by Prelios at a 20% discount to the fund's net asset value.
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PropertyEU Archive
European listed real estate returns 17% in 2010: GPR
European listed real estate, as represented in the GPR 250 Europe Index, finished December 8.4% higher, resulting in a 17% return for 2010. The results of the individual country indices, with the full-year result in brackets, was as follows:
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PropertyEU Archive
Generali buys from Degi in largest Italian office deal of 2010
The Italian real estate arm of insurance group Generali has purchased an office building leased to the Ministry of Health from Bodio Center, a subsidiary of Aberdeen Immobilien. The transaction price amounts to around EUR 120 mln. The transaction is said to be Italy's largest office single-asset deal of 2010.
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PropertyEU Archive
Siic de Paris carries out EUR 286m capital increase
French real estate investment trust Siic de Paris has carried out a EUR 286 mln capital increase as part of its planned sale of a 30% stake to Soci茅t茅 Fonci猫re Lyonnaise (SFL).
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PropertyEU Archive
BNP Paribas REIM sets up EUR 300m Metro fund
Metro Fim, owned by the Gruppo Metro, has contributed 20 wholesale stores to Venti M, a new closed-ended real estate investment fund established by BNP Paribas REIM Italy.
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PropertyEU Archive
Immobel sells Belgian project for EUR 34m
Belgian listed real estate developer Immobel has announced the sale of the Chateau Rempart office project located in the Walloon city of Tournai, 85 km south-west of Brussels. The investment volume comes to EUR 34 mln.
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PropertyEU Archive
GreenBuilding accreditation for Kungsleden
Swedish property company Kungsleden received its first accreditation from the EU GreenBuilding programme on in December 2010. The property is in Sollentuna, near Stockholm, and is mostly let to the Swedish Social Insurance Administration.
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PropertyEU Archive
JLL advised on major shopping centre deal in Warsaw
Jones Lang LaSalle is pleased to announce that its Polish Investment Team advised Carpathian on a disposal of Promenada Shopping Centre in Warsaw.
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PropertyEU Archive
Oliver Zimper strengthens IVG Asset Management
Oliver Zimper has joined the management board of Wiesbaden-based IVG Asset Management to run the Transaction division. Since 2008 the real-estate economist (ebs) has been a managing partner of the STAM Europe Group, in charge of the investment division as well as of the establishment of the Germany-related business within ...
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PropertyEU Archive
Thomas Beyerle joins IVG as head of CSR & Research
Thomas Beyerle has joined the management team of German listed real estate investor IVG as head of Corporate Social Responsibility & Research. Gerhard Niesslein, speaker of the board, will be his direct superior.
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PropertyEU Archive
Colonia board rejects Tag takeover offer
Cologne-based Colonia Real Estate has rejected the voluntary public takeover offer tabled last year by Hamburg-based Tag Immobilien. The management and supervisory boards of Colonia described the EUR 5.55 per share offer as inadequate and said they could not recommend it to shareholders.
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PropertyEU Archive
Skanska to construct Legal Center in Malm枚
Skanska has secured the contract to construct the Legal Center (R盲ttscentrum) in Malm枚. The customer is Vasakronan and the assignment amounts to about SEK 300 mln (EUR 33.5 mln).
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PropertyEU Archive
Destr茅e named partner at DLA Piper
Charles Destr茅e has been named a partner at DLA Piper in the Netherlands. Destr茅e has a wealth of experience in the field of real estate finance and he will focus primarily on this area of expertise at DLA Piper.
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PropertyEU Archive
Skanska to launch green office project in Gothenburg
Skanska is starting the second phase of the Tennet project on Gullbergsstrand in Gothenburg. The office property will have a strong environmental profile and will be connected to the existing first phase that was completed in 2001. Skanska's investment amounts to SEK 300 mln (EUR 33.5 mln).
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PropertyEU Archive
Fimit to invest EUR 128m in two Italian deals
Italian fund management group Fondi Immobiliari Italiani (Fimit) has acquired three multi-screen cinemas in Northern Italy for EUR 58 mln. The assets are located in the cities of Limena (Padova), Silea (Treviso) and Parma.
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PropertyEU Archive
Corio sells non-strategic properties for EUR 142m
Amsterdam-listed shopping centre specialist Corio has sold three properties in France and five non-strategic retail properties in the Netherlands for EUR 142 mln.
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PropertyEU Archive
Kungsleden sells German retirement homes for EUR 144m
Listed Swedish property company Kungsleden is divesting 17 properties in Germany for a total of SEK 1.3 bn (EUR 144 mln). The transaction reflects a property yield of just over 7%. The buyer is Hems枚 Fastighets, in which Kungsleden is a joint venture partner.
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PropertyEU Archive
Consortium pulls off largest Dutch single-asset sale of 2010
A consortium of developers and pension funds has sold the Wilhelminahof offices and courts complex in Rotterdam in the largest Dutch single-asset deal of 2010.
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PropertyEU Archive
HSBC fund acquires Bristol mall for EUR 58m
HSBC European Active Real Estate Trust has exchanged contracts with the Mall Fund to acquire the Galleries Shopping Centre Bristol in the UK for 拢50.2 mln (EUR 58.5 mln).
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PropertyEU Archive
WP Carey buys televison HQ in Spain for EUR 80m
Corporate sale-and-leaseback specialist WP Carey has acquired the headquarters of Madrid-based Distribuidora de Television Digital S.A.U. (DTS) for EUR 80 mln. DTS is the largest provider of digital pay television in Spain.
