All PropertyEU Archive articles 鈥� Page 1836
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PropertyEU Archive
Terreis buys EUR 92m worth of Paris assets
French SIIC Terreis said that it has acquired EUR 92 mln worth of French properties as it seeks to take advantage of investment opportunities in the market. The company has acquired three office buildings and seven retail units in Paris and its surroundings in the past quarter, bringing the total ...
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PropertyEU Archive
AEW Europe buys Paris logistics development
Paris-based investment manager AEW Europe has acquired a development project in the Bonneuil logistics park near Paris from developer Sodearif, part of the Bouygues Group. The acquisition is earmarked for AEW Europe's Logistis I fund.
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PropertyEU Archive
Demand and rent recovers in industrial sector: CBRE
Industrial markets across the globe are now in recovery mode, albeit at very different stages, with Asia leading the rental recovery according to a new MarketView report from CB Richard Ellis (CBRE). All regions witnessed increases in investment spend in the first half of 2010, with appetite strongest across ...
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PropertyEU Archive
Metroinvest swoops in the City
Spanish investment firm Metroinvest has acquired an office building in the City of London from an unnamed seller for around EUR 48 mln. The 55 Moorgate property provides around 6,200 m[sup]2[/sup] of space across eight floors and is leased to BNP Paribas with a nine-year rental agreement.
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PropertyEU Archive
Icade gets mandate to manage Cristal tower
The property management unit of French property group Icade said that it has received a mandate to manage the Cristal tower on the Seine riverfront in the 15th arrondissement of Paris.
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PropertyEU Archive
Redevco secures retailers for Drogenbos redevelopment
Redevco Retail Belgium has secured all key anchors for a 29,000-m[sup]2[/sup] complex currently being redeveloped in Drogenbos, one of the most important peripheral retail parks in Belgium.
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PropertyEU Archive
Trigranit eyes expansion in Poland
Budapest-based developer Trigranit Development Corporation is targeting Poland for further expansion, CEO Arpad Torok told PropertyEU in an interview. 'We see both green and brownfield opportunities in a number of Polish cities and also see scope for more public-private partnerships with PKP,鈥� he said.
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PropertyEU Archive
Kl茅murs completes sale of retail premises for EUR 25m
French real estate investment trust Kl茅murs has announced that it has completed the disposal of a retail premises in Paris for EUR 25 mln. The 8,000-m[sup]2[/sup] asset is located on rue de Flandre in the 19th arrondissement of the French capital. The sale was initially announced at end-July this year.
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PropertyEU Archive
Carlton closes EUR 30m financing for Bucharest towers
Carlton Advisory Services has provided EUR 30 mln refinancing of a construction loan for twin office towers, in Bucharest, Romania. The office towers are scheduled to be completed in 2011. The 46,500-m[sup]2[/sup] complex will consist of two, 18-story buildings, a three-story mall, two conference halls and a 1,000-space garage.
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PropertyEU Archive
L&S acquires UK distribution portfolio for EUR 93.5m
UK REIT London & Stamford Property (LSP) has acquired a portfolio of five distribution assets for 拢82 mln (EUR 93.5 mln) from Harbert Management Corporation (Europe).
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PropertyEU Archive
CWI acquires office asset for West Sussex pension fund
Cushman & Wakefield Investors (CWI) has acquired Centrum House in Egham, on behalf of West Sussex Pension Fund. The 1,518-m[sup]2[/sup] property was sold by CBRE Investors for 拢5.935 mln (EUR 6.8 mln). Griffiths Eccles advised CBRE Investors.
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PropertyEU Archive
Evans Randall completes Drapers Gardens acquisition
Evans Randall has completed its acquisition of the recently developed Drapers Gardens building in the City of London for 拢242.5 million (EUR 276.6 mln.), from a joint venture including Canary Wharf Group and a subsidiary of the Morgan Stanley Real Estate Funds (MSREF). The deal was first announced in August.
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PropertyEU Archive
Bormann to leave Orco Germany after restructuring
Orco Germany has said managing director Rainer Bormann has decided not to extend his contract beyond end-October 2011 on the completion of the listed company鈥檚 restructuring programme.
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PropertyEU Archive
Kungsleden hires new business development professionals
Listed Swedish property company Kungsleden has hired Frida Stannow Lind and Andreas Norberg. Norberg has been employed as a project manager in transactions, and will work on property transactions and analysis. He is currently director of CBRE's Capital Markets division, where he has been advising on transactions for the past ...
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PropertyEU Archive
Degi funds remain frozen with more sales on the cards
Degi International and Degi Global Business open-ended property funds will remain closed to redemptions, due to 'insufficient liquidity', a spokesperson for parent company Aberdeen Asset Management said. The freeze on the Degi International fund will remain in place until 16 November 2011. Aberdeen鈥檚 Degi Global Business fund will be closed ...
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PropertyEU Archive
Trigranit opens new centre in Zagreb
Budapest-based developer Trigranit has opened Arena Centar in Zagreb, its first shopping centre in Croatia. The new mall is located at the south-western entrance to the Croatian metropolis beside the multifunctional Arena Zagreb venue.
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PropertyEU Archive
'Developer is a dying profession鈥�
Retail developers need to review their strategies following the wave of shopping centre development in the recent past, according to Jaap Gillis, COO of Europe鈥檚 leading private real estate company Redevco. 鈥楾he independent developer, in my opinion, is a dying profession. The successful ones who redevelop in the future ...
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PropertyEU Archive
F&F opens first stand-alone outlet in Prague
The first F&F fashion brand stand-alone store opened in central Prague at the end of September. The 500-m[sup]2[/sup] store in Palladium shopping centre is a world first for the brand.
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PropertyEU Archive
Citigroup tower to be marketed for EUR 1bn-plus: report
Citigroup's European headquarters in London's Canary Wharf is to go on the market for more than 拢1 bn (EUR 1.1 bn), according to a media report.
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PropertyEU Archive
OVG to develop EUR 200m Deloitte office in Amsterdam
Specialist office developer OVG Projectontwikkeling is to develop a 40,000 m[sup]2[/sup] headquarters for accountant Deloitte and legal firm AKD in the Zuidas business district of Amsterdam.
