All PropertyEU Archive articles 鈥� Page 1822
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PropertyEU Archive
IVG Institutional Funds sell office property in Madrid
International property adviser Savills has advised IVG Institutional Funds in the sale of an office building in Madrid. The property was acquired by local private investors for about EUR 28 mln.
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PropertyEU Archive
Skanska to launch Stockholm's largest green office project
International building group Skanska announced on Thursday that it is starting the first phase of the Lustg氓rden office project on Kungsholmen in Stockholm.
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PropertyEU Archive
Terreis seals EUR 209m worth of deals in France
French SIIC Terre茂s is buying EUR 209 mln worth of Paris assets in a deal which 'significantly increases its asset size and its financing structure'. The company said it is taking over Dab Expansion from the holding company of businessman Jacky Lorenzetti for EUR 19.50 per share.
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PropertyEU Archive
Massena buys office building for EUR 46m
French SIIC Fonciere Massena has acquired an office building in Levallois Perret in the northwester suburbs of Paris for EUR 46.5 mln. The vendor is a private client of the Bank of Ireland.
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PropertyEU Archive
Great Portland acquires London property for EUR 50m
London-listed Great Portland Estates has acquired 20 St James's Street, SW1 for 拢42.5 mln (EUR 50 mln). This equates to a capital value of 拢765 per sq ft, from IVG Development (UK).
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PropertyEU Archive
Pension fund backs EUR 765m deal in Sweden
A new company established by Sweden's first national pension fund has acquired a 860,000-m[sup]2[/sup] property portfolio for more than SEK 7 bn (EUR 765 mln).
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PropertyEU Archive
CDS Holding opens Fiordaliso redevelopment
CDS Holding has completed the extension and redevelopment of the Fiordaliso shopping centre at Rozzano, Milan. The EUR 50 mln project, designed by Studio Sviluppo, involved the construction of 23,000-m[sup]2[/sup] additional retail area, as well as the redevelopment of the existing 43,000 m[sup]2[/sup] of space.
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PropertyEU Archive
Simon and CSC spar over mega Trafford deal
US-based Simon Property Group (SPG) claimed on Wednesday that the proposed EUR 1.9 bn acquisition by London-listed Capital Shopping Centres of the Trafford Centre in Manchester would inflict 'profound value destruction' on CSC and its shareholders.
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PropertyEU Archive
Germany's office market to profit from global growth: Deka
German office rents are expected to grow by 2% next year, with vacancy rates falling to 11.2% due to an improving economy, according to Deka's Immobilien Monitor 2011 published on Wednesday.
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PropertyEU Archive
ICSC Hellenic seminar draws on Spanish experience
Senior retail real estate professionals in Greece will learn how Spain鈥檚 retail property industry is dealing with the recession at the International Council of Shopping Centers (ICSC)鈥檚 Hellenic Seminar, Wednesday 15 December. The event, being held at Ypatia Mansion, will be followed by a tour of the brand new Athenian ...
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PropertyEU Archive
Knight Frank strengthens presence in Spain
Knight Frank has announced the opening of a new office in Barcelona. The office will be headed by Alfredo P茅rez Pons, a former executive partner at Capital Dinamyc. The new office will initially boast a team of four people and will offer property related services ranging from marketing to real ...
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PropertyEU Archive
Prologis completes 123,000 m[sup]2[/sup] of leasing in Southern Europe
Euronext-listed Prologis European Properties has completed four new lease agreements and three lease renewals, totalling 123,500 m[sup]2[/sup] of distribution space, in France and Italy.
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PropertyEU Archive
CA Immo begins construction of Bratislava Business Center 1 Plus
CA Immo starts construction work on the new office complex called Bratislava Business Center 1 Plus (BBC 1 Plus). The centre is located centrally in the Bratislava Business District and will comprise 13-storeys with a rentable effective area of some 15,900 m[sup]2[/sup] and 313 indoor parking places.
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PropertyEU Archive
Fonsai sells EUR 168m of assets in Milan
Italian financial services group Fondiaria-Sai (Fonsai) has agreed to sell Crivelli srl, the owner of an office building in Milan to Unicredit Real Estate. The transaction volume comes to around EUR 63.5 mln, releasing capital gains of EUR 13 mln for Fonsai.
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PropertyEU Archive
BNP Paribas REIM invests EUR 300m during 2010
BNP Paribas Real Estate Investment Management (REIM) has completed roughly EUR 300 mln worth of transactions on behalf of its funds in the first 11 months of the year. This is a 35% increase on the investment volume of EUR 222 mln in the same period a year before.
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PropertyEU Archive
Episo agrees EUR 300m Czech logistic parks deal
European Property Investors Special Opportunities fund (Episo) has agreed in principle to acquire an 80% interest in six logistics complexes owned by CEE industrial property specialist VGP in the Prague region.
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PropertyEU Archive
Banimmo finalizes a new acquisition in France
Euronext-listed property company Banimmo finalized on December 3rd a new acquisition in the retail segment in France for EUR 12.6 mln. The acquisition relates to 2 units of 12,000 m虏 that are part of a retail center in Ile-de-France. The return of this acquisition (costs included) amounts to 11.5% and ...
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PropertyEU Archive
AG RE signs development contract for Thales HQ in France
AG Real Estate, formerly known as Fortis Real Estate, has signed a contract with Toulouse-based construction company GA for the construction of the future headquarters of Thales in the Carr茅 92 business park in Gennevilliers, France. The project, representing a total investment of EUR 145 mln, is currently one of ...
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PropertyEU Archive
Savills Hamburg continues office agency expansion
Savills Immobilienhas appointed Alexander von B眉low as senior consultant in office agency at its Hamburg office. This is the team鈥檚 second recruitment within a month following the arrival of Sebastian Peters who joined the Hamburg office in November.
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PropertyEU Archive
Marc Mogull appointed as new chair of ULI UK
The Urban Land Institute (ULI) announced on Tuesday that Marc Mogull, founder and managing partner of Benson Elliot Capital Management, has been appointed as chairman of ULI's United Kingdom National Council. The appointment is effective from 1 January 2011.
