All PropertyEU Archive articles 鈥� Page 1830
-
PropertyEU Archive
Portico buys six retail assets in Poland
CEE real estate investor and developer Portico Investments has acquired a portfolio of six retail properties in Poland from Szczecin-based Investa-Gruppe. The acquisition, which was made with 100% of equity, involves six Biedronka stores in the Polish cities of Morag, Kwidzyn, Mysliborz, Zlocieniec, Swidwin and Lidzbark. The financial details were ...
-
PropertyEU Archive
Deka, FHH buy into German hotels
German fund manager Deka Immobilien has acquired a four-star hotel property in Essen, Germany in a sale-and-leaseback deal with the Zech Group. The acquisition is earmarked for the group's Westinvest TargetSelect Hotels investment fund.
-
PropertyEU Archive
Fund of funds fee structures lower than for direct funds: INREV
Overall fund of funds fee structures are simpler and lower than for direct funds, according to the inaugural Fund of Funds Fee Study published last week by INREV, the association of non-listed real estate investors.
-
PropertyEU Archive
INREV sees increase fund support for reporting guidelines
No less than 98% of the 2009 annual reports surveyed by INREV in its third annual Review of Reporting Best Practice had adopted the majority of the INREV Reporting Guidelines. This marks a significant increase from 81% in 2008 and 72% in 2007.
-
PropertyEU Archive
Lisa Neub眉ser joins Invesco RE
Invesco Real Estate (IRE), the global cross-border property investment manager, has announced the appointment of Lisa Neub眉ser as an associate within its pan-European hotel fund management team.
-
PropertyEU Archive
Dutch retail investment hits EUR 1.5b
The property investment market in the Netherlands has seen a renewed focus on retail with EUR 1.5 bn invested to end Q3 this year, compared to EUR 1 bn throughout 2009. According to Savills, this focus on retail investment has returned earlier than forecast but is anticipated to remain ...
-
PropertyEU Archive
LSP acquires UK distribution assets for EUR 144m
UK REIT London & Stamford Property (LSP) has announced the 拢123 mln (EUR 144 mln) acquisition of a prime distribution portfolio in the UK. The vendor is a subsidiary of European Property Investors Special Opportunities (EPISO), an opportunistic property fund co-advised by AEW Europe and Tristan Capital Partners.
-
PropertyEU Archive
Invista acquires retail property for EUR 18m
Invista Real Estate Investment Management has acquired a retail property in Plymouth, UK on behalf of its clients for 拢15.65 mln (EUR 18.3 mln). The vendor is Prupim. The purchase price reflects an above average net initial yield of 7%.
-
PropertyEU Archive
Global hotel investment up 60% y-o-y in Q3: JLL
The global hotel investment market experienced a strong first three quarters with transaction volumes reaching $12 bn (EUR 8.8 bn), a 60% increase over the same period in 2009, according to Jones Lang La Salle Hotels.
-
PropertyEU Archive
Moor Park puts 48 Sabadell branches back on the market
ISC Freshwater Investment, advised by Moor Park Capital Investors, has mandated Aguirre Newman and Cushman & Wakefield to sell a portfolio of 48 Sabadell bank branches, Ivan Fern谩ndez-Valdes of Aguirre Newman told PropertyEU.
-
PropertyEU Archive
Neinver showcases 7 projects at MAPIC
Neinver, a European company focussed on development, asset management and fund management, is showcasing seven new retail centre projects at 10th edition of the MAPIC international retail property fair in Cannes this week. Neinver's 2010-2012 projects comprise 166,800 m[sup]2[/sup] of new retail space spread across France, Spain, Portugal and Poland.
-
PropertyEU Archive
Aberdeen confirrms high street acquisition in Germany
Aberdeen Asset Management has confirmed that one of its funds has acquired a portfolio of high street shop units from German listed investor DIC Asset. The EUR 29 mln transaction was first announced by DIC Asset in October, without naming the buyer.
-
PropertyEU Archive
Spanish retail rents stable due to aggressive discounts: Savills
The aggressive pricing strategies of Spanish retailers has helped to stabilise rents, according to Savills. The international real estate advisor reports that primary rents for shopping centres are in the region of EUR 90 m2/month and retail parks at EUR 16 m2/month, which is consistent with 2009 levels.
-
PropertyEU Archive
CBRE mandated to provide services to AIG's global portfolio
CB Richard Ellis has been selected by American International Group (AIG) to provide facilities, project management and advisory services for the US group's global real estate occupancy portfolio. The multi-year contract with AIG, one of the world's leading insurance companies, encompasses 1.57 million m[sup]2[/sup].
-
PropertyEU Archive
Italian investors opt for low-risk retail assets: Savills
Italy is seeing renewed interest from retail investors as yields stabilise at 6.25-6.5% for prime shopping centres and 7-7.25% for retail parks, according to research from property adviser Savills.
-
PropertyEU Archive
More prime retail assets to come on market in CEE: JLL
Poland stood out from its regional counterparts so far in 2010 and witnessed stronger investor interest for well performing shopping centres. However, in the short to mid term, capital will return to the rest of CEE and more prime product will become available for sale across the whole region.
-
PropertyEU Archive
Nova begins contruction of Bucharest mall
Romanian developer Nova Imobiliare has started construction of the Colosseum Shopping Centre in Bucharest, Romania, the only shopping centre that will be delivered in the city in 2011. Colosseum is located in the north-west of the city and has total investment value i excess of EUR 350 mln.
-
PropertyEU Archive
Warimpex and Starwood break ground for Wroclaw hotel
Real estate investors Warimpex and Starwood Capital Group started construction of the first Campanile and Premi猫re Classe budget hotels in the centre of the city of Wroclaw, Poland.
-
PropertyEU Archive
Savills markets Canadian Embassy office space in Madrid
International real estate advisor Savills, on behalf of the Canadian Embassy, has been instructed to sell its former offices at 35 Nu帽ez de Balboa Street, Madrid.
-
PropertyEU Archive
Germany is top target for retailer expansion: CBRE
Germany is the number one target destination for retailers looking to expand their international presence in 2011, CB Richard Ellis has said in a new report published at Mapic in Cannes.
