All PropertyEU Archive articles 鈥� Page 1831
-
PropertyEU Archive
Gecina names development chief for office segment
Gecina has announced that Florent de Malherbe is joining the French property group as chief development officer for Office Real Estate. The Office division is headed by Andr茅 Lajou.
-
PropertyEU Archive
King Sturge mandated to lease two new Polish malls
King Sturge Poland has been appointed as exclusive adviser and leasing agent on two planned shopping centres in Bia鲁ystok and Siedlce in eastern Poland. 'These are important new schemes and are a further indication of the underlying strength of the Polish retail market,' said Mark Barnes, Head of CEE Retail ...
-
PropertyEU Archive
Hatfield Philips enforces EUR 202m loan for five City of London properties
Special servicer Hatfield Philips has enforced a 拢172 mln (EUR 202 mln) loan which relates to five City of London properties. The 拢172 mln remaining AMG Portfolio Loan, part of the Windermere VIII CMBS plc securitisation, matured in April 2010 and was put into administration by the Royal Court of ...
-
PropertyEU Archive
Allianz buys Eurasante building for EUR 27m
Immovalor Gestion, a real estate fund management unit of the German Allianz Group, has acquired an office building in Loos-lez-Lille, Northern France, from Avenir et Territoires for roughly EUR 27.5 mln. The Eurasant茅 office building was acquired for two SCPI investment vehicles, Allianz Pierre and Allianz Pierre Valor.
-
PropertyEU Archive
Prime retail rents stabilise in Q3, CBRE finds
Prime retail rents in the world鈥檚 leading retail destinations have stabilised, with some markets now witnessing rental growth as the economic recovery gathers momentum and consumer confidence starts to improve, according to CB Richard Ellis' (CBRE) latest Global Retail MarketView. Demand for prime retail space in most markets remains strong, ...
-
PropertyEU Archive
Marriott Intl acquires Berners Hotel in London
Marriott International last week announced the acquisition of the historic Berners Hotel in London that will be renovated over the next 18-24 months to become The London 'Edition'. The transaction comes weeks after the grand opening of the first Edition hotel in Hawaii.
-
PropertyEU Archive
Metric makes seventh acquisition in the UK
Metric Property Investments has carried out its seventh acquisition with the purchase of Wick Retail Park in northeast Scotland for 拢10.3 mln (EUR 12 mln), reflecting an initial yield of 6.5%. Metric, a specialist retail real estate investment trust (REIT), will use its existing cash resources to finance the purchase.
-
PropertyEU Archive
C&W names Underhill as Americas CEO
Cushman & Wakefield has named James Underhill as CEO of the Americas, the proeprty advisory firm's largest operating region spanning 141 owned and alliance offices throughout North and South America. He will be based in Washington D.C.
-
PropertyEU Archive
Influx of Chinese banks taking office space: C&W
The European banking sector has seen a further influx of Chinese banks and a rise in office take-up during the last six months, according to a new report from global real estate adviser Cushman & Wakefield. Two of China's biggest banks: Agricultural Bank of China and China Bank of Communications ...
-
PropertyEU Archive
Gecina buys Coeur de Seine project from Nexity
French real estate investment trust Gecina has acquired the last development phase of the Coeur de Seine project in the northwestern suburbs of Paris from Nexity-Entreprises. The financial details were not disclosed.
-
PropertyEU Archive
Cities must use public land wisely: ULI
Public land in cities can be a great asset for urban investment, but it could also be a deterrent to investment if it is not used optimally, the Urban Land Institute (ULI) has cautioned. The key role that public land plays in attracting private investment in urban areas is explored ...
-
PropertyEU Archive
Financi猫re Colbert takes control of Restaura
France's Financi猫re Colbert has closed the purchase of a 70% interest in the Spanish real estate developer and investment management company Restaura from its founder, the Solano family. Although the transaction volume was not disclosed, it is understood that Colbert is buying the company for a symbolic amount, with a ...
-
PropertyEU Archive
Vacancy rates and supply key for retail markets, says C&W
Vacancy rates and supply - particularly shopping centre development - will be the most important drivers of retail property markets and performance in 2011, according to a new report 'European Retail - 10 Key Drivers for 2011' released by global consultant Cushman & Wakefield. The report, which was launched at ...
-
PropertyEU Archive
Strabag takes part in development of Sochi
Austrian construction group Strabag is expanding its business in Russia with the acquisition of a 26% stake in a local developer and the signing of an agreement to develop hotels and apartments in the city of Sochi on the Black Sea coast.
-
PropertyEU Archive
Trophy rents slow down retailers' European expansion: King Sturge
New retailers entering the market continue to have an unhealthy preoccupation with expensive 'trophy' locations even though the economic downturn has forced retailers across Europe to reappraise what constitutes an affordable rent, King Sturge has warned in a new report entitled 'European Retail Property 2011 - bumpy landings'.
-
PropertyEU Archive
European markets hotting up: DTZ Fair Value Index
European property markets now offer more attractive returns to investors, with the latest all-property DTZ Fair Value Index (FVI) Q3 2010 score for Europe standing at 55, an increase from 49 in Q2. Although Europe is still less attractive than other markets globally, as revealed by the global FVI Q3 ...
-
PropertyEU Archive
Wichford in early merger talks with Redefine Intl
UK real estate companies Wichford and Redefine International (RI) have confirmed they are in the early stages of merger talks. Both companies are listed on London's junior AIM market.
-
PropertyEU Archive
Record transaction levels for French retail: Savills
Retail assets have accounted for 31.5% of total commercial investment in France since January 2010, according to property adviser Savills. This represents a record high volume of EUR 2.5 bn, up 247% compared to the same time period in 2009.
-
PropertyEU Archive
Viveris Reim to launch two OPCIs for retail investors
French fund manager Viveris Reim said it intends to expand its fund management business with the launch of two Organisme de Placement Collectif en Immobilier (OPCI) vehicles for retail investors.
-
PropertyEU Archive
IGD Siiq's profit doubles in 2010
Italy's listed shopping centre specialist IGD Siiq has seen its profit rise by 54% to nearly EUR 23 mln in the first three quarters of 2010, from EUR 15 mln in the same period a year before. Total revenues remained unchanged at EUR 89 mln over the course of 2010.
