All PropertyEU Archive articles 鈥� Page 1819
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PropertyEU Archive
Miller to head valuations at C&W Slovakia
Cushman and Wakefield in Slovakia has announced the appointment of Victoria Miller MA, MSC MRICS as head of valuation. Miller comes to Cushman and Wakefield with over six years property experience and over three years property valuation experience setting up and running the valuation, consultancy and research department for CB ...
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PropertyEU Archive
Allianz RE acquires two Paris assets for EUR 184m
Allianz Real Estate has acquired two prime properties in Paris for about EUR 184 mln. The vendor is a real estate fund managed by Cr茅dit Suisse.
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PropertyEU Archive
Tapiola buys Helsinki office project for EUR 39m
Finland's Tapiola Mutual Pension Insurance has acquired Verkkokauppa.com's new retail and warehouse building to be developed in the new Jatkasaari district of Helsinki. The total investment volumes amounts to around EUR 38.5 mln.
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PropertyEU Archive
Simon pushes for due diligence access to CSC
Simon Property Group (SPG) has called for due diligence access to Capital Shopping Centres Group (CSC) to enable it to proceed with a EUR 3.4 bn offer for the UK-listed regional mall owner.
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PropertyEU Archive
BayernLB and Berlin Hyp refinance resi portfolio for Immeo
German regional banks BayernLB and Berlin Hyp have refinanced a EUR 207.5 mln residential property portfolio for Immeo Group, part of the French Fonci茅re D茅veloppement Logements group.
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PropertyEU Archive
Managers propose buyout of Valad's European business
Sydney-listed real estate group Valad has received an indicative management buyout (MBO) proposal for its European business. The proposal comes from a consortium that includes the CEO of Valad Europe, Martyn McCarthy, as well as managing director Peter Hurley, and senior members of Valad鈥檚 European operations.
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PropertyEU Archive
European funds show first capital growth in three years: INREV
Continental European non-listed real estate funds have seen capital growth for the first time since 2007, according to the European Association for investors in non-listed real estate funds (INREV).
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PropertyEU Archive
Sleath named new CEO at Segro
UK REIT Segro has announces that David Sleath is being appointed CEO to succeed Ian Coull, who retires from the board following the AGM on 28 April 2011.
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PropertyEU Archive
Redevco fully lets One Connaught Place
Redevco UK has fully let its 2,800-m[sup]2[/sup] office building at One Connaught Place in London's West End. The seven office floors have been let to Cabot Square Capital, Macsteel, Fleetway Travel, Signia Wealth, Nu Star Terminals and Huron Consulting. The lease agreements are all based on a 10-year lease.
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PropertyEU Archive
Deutsche Euroshop takes control of Main-Taunus-Zentrum
MDAX-listed Deutsche Euroshop has said it is acquiring a 9% stake in the Main-Taunus-Zentrum shopping centre (MTZ) near Frankfurt from an institutional investor. The investment volume comes to just over EUR 17 mln.
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PropertyEU Archive
Sparkassen snaps up OMV HQ in Vienna
Austria's Sparkassen Immobilien AG has completed the purchase of the Hoch Zwei and Plus Zwei newly built office schemes located in the new Viertel Zwei urban district of Vienna. Although the financial details remain confidential, Ernst Vejdovszky, member of Sparkassen's management board said that the acquisition represents 'one of the ...
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PropertyEU Archive
MAB pulls out of EUR 100m German mall project
Dutch builder MAB Development is abandoning plans to develop a shopping centre in the German city of Moers, located between Essen and the Dutch border. According to a statement issued by the municipality, the investor has announced its intention to withdraw from the EUR 100 mln retail project at the ...
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PropertyEU Archive
NCC sells logistics project in Gothenburg for EUR 20m
NCC Property Development has sold a logistics project at the Port of Gothenburg for SEK 188 mln (EUR 20.5 mln). The purchaser, Hemfosa, will take possession when the project has been completed, which is expected to be in the first quarter of 2012.
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PropertyEU Archive
KanAm US-grundinvest fund pays out first $250 mln
German fund manager KanAm has, as announced in September, paid out the first tranche of $250 mln (EUR 186 mln) to unit holders in its US-grundinvest fund which is in the process of being liquidated. Following the payment, the fund is worth around $253 mln.
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PropertyEU Archive
CSC rejects Simon's indicative EUR 3.4b offer
Capital Shopping Centres (CSC) Group has rejected Simon Property Group's indicative offer of up to 425p per share, or 拢2.9 bn (EUR 3.4 bn), to acquire the UK-listed regional mall owner.
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PropertyEU Archive
JP Morgan funds buy London office for EUR 657m
Two funds by JP Morgan Asset Management have acquired the Bishops Square office complex in London for 拢557 mln (EUR 657 mln). The vendor is a 75:25 joint venture between Oman Investment Fund, an investment arm of the Omani Government, and UK REIT Hammerson.
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PropertyEU Archive
Henderson appoints asset manager at outlet mall fund
Henderson Global Investors has hired Jamie Acheson as an asset manager for its EUR 1.3 bn European Outlet Mall Fund (EOMF). Acheson joins from Colliers International where he worked for six years in the retail development team, working largely on shopping centre development projects in emerging markets; North Africa, Far ...
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PropertyEU Archive
IPD appoints new MD for France & Southern Europe
Stephanie Gali猫gue has been appointed Managing Director of IPD France & Southern Europe. Gali猫gue, who replaces Christian de Kerangal who held the position for six years, is promoted from her current role of Global Head of Portfolio Analysis Service (PAS). Her new role takes effect on 17 January 2011.
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PropertyEU Archive
Aviva, Kaupthing jv to redevelop Middlesex hospital site
Kaupthing Bank, Aviva Investors and Exemplar Properties announced on Friday that they have entered into an agreement to develop the former Middlesex Hospital site on Mortimer Street in Fitzrovia, London. The three-acre site will be transformed into an integrated sustainable mixed-use community, centred on a new landscaped public realm that ...
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PropertyEU Archive
RGI denies top execs are using company as 'personal bank'
RGI International has denied accusations that its CEO and chairman are using the company as a 'personal bank'. The AIM-listed Russian real estate company was responding to board member Petr Shura who has called on fellow shareholders to support an overhaul of the board.
