All PropertyEU Archive articles 鈥� Page 1817
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PropertyEU Archive
Union Investment adds to its Finnish holdings
German property fund manager Union Investment has acquired the Alberga A property, part of Business Park Alberga in Espoo, near Helsinki for EUR 37 mln. The project has been added to the Immo-Invest: Europa open-ended real estate fund. The vendor is NCC Property Development.
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PropertyEU Archive
ING REIM's CE properties obtain BREEAM cert
Four significant central European commercial properties owned by the funds managed by ING Real Estate Investment Management Central and Eastern Europe (ING REIM CEE) have gained the international BREEAM certificates for sustainable buildings.
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PropertyEU Archive
S+B Group in exclusive talks to sell Zebra tower in Warsaw
Austrian developer S+B Group is in exclusive negotiations with a German investor to sell its landmark mixed-use development project in central Warsaw, Poland, well-informed market sources told PropertyEU. Located at Rondo Jazdy Polskiej, the 17-floor tower offers around 17,800 m[sup]2[/sup] of office and retail space as well as 124 parking ...
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PropertyEU Archive
Ciloger buys 10 shopping centres in Germany for EUR 218m
French investment manager Ciloger has spent around EUR 218 mln in the purchase of a portfolio consisting of 10 shopping centres in Western Germany. The purchase comprises EUR 138 mln in cash and EUR 80 mln of debt.
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PropertyEU Archive
CPI in largest Czech property deal of 2010
Czech investor CPI has acquired two office buildings in the City West office park project in Prague from local developer Finep for around EUR 70 mln. CB Richard Ellis, which advised the seller on the acquisition, said the deal is the largest Czech real estate investment transaction of 2010.
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PropertyEU Archive
Allianz buys Brussels' South City for EUR 70m
Germany's Allianz Real Estate has acquired the second office building in the South City office complex from a partnership of Belgian developers Atenor, Espace Midi and BPI. The Broodthaers building consisting of 17,700 m[sup]2[/sup] of office space and three retail units was acquired for EUR 70 mln.
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PropertyEU Archive
Heitman fund buys 75% of Poland's Galeria Malta from Neinver
Chicago-based private equity firm Heitman has acquired a 75% stake in the Galeria Malta shopping centre and formed a joint venture with Spanish developer Neinver for the management of the 54,000-m[sup]2[/sup] retail scheme in Poznan, Poland's second largest city. Financial details were not disclosed.
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PropertyEU Archive
AEW Europe shops in Poland for EUR 92m
European Property Investors Special Opportunities (Episo), a fund co-advised by AEW Europe and Tristan Capital Partners, has completed the purchase of the Jantar shopping centre in a transaction valued at EUR 92 mln.
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PropertyEU Archive
HGI acquires Winchester's development from administrators
Henderson Global Investors has made a corporate acquisition of two Thornfield entities which own the Silver Hill mixed-use development project in Winchester, UK. Financial details were not disclosed.
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PropertyEU Archive
W氓gstr枚m appointed next president and CEO at NCC
The board of directors of NCC has appointed Peter W氓gstr枚m as the next president and CEO . Peter W氓gstr枚m will assume his new position in connection with the annual general meeting on 13 April 2011.
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PropertyEU Archive
ECE starts development of Turkey's Marmara Park
The Turkish arm of German shopping centre specialist ECE has announced it will start construction of the Marmara Park shopping centre in Istanbul's Beylikd眉z眉 / Esenyurt region in early 2011.
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PropertyEU Archive
Union sells Paris building to UFG for EUR 120 mln
Union Investment Real Estate said on Wednesday that it had sold an office building in Paris-Saint-Denis to UFG Real Estate Managers for around EUR 120 mln. The property was owned by Union's UniImmo: Europe open-ended fund.
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PropertyEU Archive
Helical completes 拢40m of transactions in the UK
Helical Bar has completed over 拢40 mln (EUR 47 mln) of transactions in the UK as it seeks 'to increase cash flow within the portfolio and take advantage of value in the investment market'.
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PropertyEU Archive
Multi starts development of Eemplein in Amersfoort
Dutch shopping centre developer Multi Vastgoed announced on Monday the start of construction for its Eemplein mixed-use project in Amersfoort, The Netherlands. The project entails the development of a town square with shopping, leisure and cultural facilities, including a Path茅 cinema with eight screens and a music venue.
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PropertyEU Archive
Vasakronan in Sweden's largest single real estate asset deal
Vasakronan, a property company owned by the four Swedish government pension funds, has acquired the entire Bl氓mannen 20 city block known as 'Klara Zenit' in Stockholm, for SEK 4.35 bn (EUR 483 mln). The seller is HausInvest, a German open-ended property fund managed by Commerz Real.
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PropertyEU Archive
C&W names Xantippe as head of capital markets Belgium
Cushman & Wakefield has announced the appointment of Maxime Xantippe as a partner and head of capital markets for Belgium based in the firm's Brussels office.
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PropertyEU Archive
MirLand opens Triumph mall in Saratov
Russian residential and commercial property developer MirLand has announced the opening of its newly completed retail and leisure centre, the Triumph Mall in Saratov, a city in southern Russia with a population of more than 800,000.
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PropertyEU Archive
Pontegadea buys 48 Sabadell branches from Moor Park
Pontegadea, the private investment firm of Inditex clothing retail founder Armancio Ortega, has acquired a portfolio of 48 Banco Sabadell branches in a sale-and-leaseback deal worth around EUR 55 mln. ISC Freshwater Investment, an investor group advised by Moor Park Capital Partners, sold the assets, located in various Spanish cities.
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PropertyEU Archive
MRM divests Marque Avenue shopping centre for EUR 50m
French commercial property firm MRM has sold the Marques Avenue A6 shopping centre on the outskirts of Paris to an unnamed Organisme de Placement Collectif Immobilier (OPCI) fund for institutional investors. The transaction price amounts to some EUR 50 mln.
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PropertyEU Archive
IGD Siiq sells shares in two Italian malls for EUR 59m
Italian retail specialist IGD Siiq has sold its share in two of the three shopping centres owned by RGD, its partnership with Beni Stabili. In a statement, the company said that it has sold its 50% interest in the Beinasco and Nerviano malls to Beni Stabili for a total of ...
