All PropertyEU Archive articles – Page 1839
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PropertyEU Archive
Invista suffers another contract termination
Invista Real Estate Investment Management (REIM), which is in the process of winding up, has announced that it has lost a contract to manage £272 mln (EUR 313 mln) of residential assets.
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PropertyEU Archive
Goodman, Europa join forces on UK logistics
Global property group Goodman and real estate investment manager Europa Capital have established a joint venture to acquire land sites suitable for the development of distribution and logistics property across the UK.
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PropertyEU Archive
Invesco fund sells Czech business centre for EUR 30m
Invesco Real Estate (IRE) announced on Friday that it has sold a mixed-use property in Prague for EUR 29.3 mln as part of its divestment strategy for ZEI, its first dedicated fund for the Central European market. The property has been purchased by the CPI Group.
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PropertyEU Archive
Foncière des Murs completes EUR 97m rights issue
Foncière des Murs has announced the completion of a capital increase with preferential subscription rights. The final gross proceeds amount to EUR 97.4 mln, which corresponds to the issue of 6.5 million new shares.
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PropertyEU Archive
Valad appoints head of UK Real Estate
Valad, the European multi-let real estate investment manager, has announced the appointment of Robert Howe as head of UK real estate. He takes responsibility for Valad’s UK property investment and development businesses, and enhancing the efficiency of its UK real estate operations.
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PropertyEU Archive
Atenor makes takeover bid for Westland
Belgian real estate group Atenor has announced it intends to launch a public takeover bid for all the listed certificates backed by a part of the Westland Shopping Centre in Anderlecht, Brussels.
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PropertyEU Archive
FHH buys Rhein-Main project for new German fund
Fondshaus Hamburg (FHH) has purchased the Rhein-Main automotive centre project in the German town of Weiterstadt for a new fund, FHH Immobilien 9. The acquisition price comes to more than EUR 28 mln.
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PropertyEU Archive
Mint Investments to launch new Central European fund
Mint Investments, the Central European developer and investor formerly known as CEC Capital group, is teaming up with Avestus Capital Partners - formerly Quinlan Private - to launch a new closed-end property fund, Mint Central Europe Property Fund.
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PropertyEU Archive
Conwert CEO to resign at end-December
Austrian-listed real estate company Conwert Immobilien Invest announced last week that CEO Johann Kowar is stepping down at his own initiative at the end of the year.
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PropertyEU Archive
UK office occupancy to increase despite public sector cutbacks
Occupied space in the UK office market is set to grow, despite the cuts to public administration jobs announced in the Comprehensive Spending Review, according to new research by DTZ.
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PropertyEU Archive
Topland to move into mezzanine finance
UK-based property company Topland has unveiled details of a new £200 mln (EUR 230 mln) investment programme in mezzanine financing and preferred equity to take advantage of the difficult lending conditions for investors and developers.
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PropertyEU Archive
MFI in running for new mall in Göppingen
German shopping centre developer Management fur Immobilien (MFI) has confirmed it is participating in the competition to design the new shopping centre for the city of Göppingen. It has made a EUR 150 mln bid to build a 18,000 m[sup]2[/sup] scheme on the site currently housing the bus station. Portuguese ...
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PropertyEU Archive
Predica buys Chambourcy mall project for EUR 110m
Credit Agricole's Predica insurance unit has acquired Les Vergers de la Plaine shopping centre currently under development in Chambourcy, in the ÃŽle-de-France region in central northern France. The centre, which is part of the Porte Ouest major redevelopment project near Paris, has been sold by local developer Sopic for over ...
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PropertyEU Archive
WestLB abandons Westimmo sale
German banking group WestLB has rejected the current offers on the table for its dedicated real estate lending unit, Westimmo as 'unacceptable from an overall business point of view'. The board of the Landesbank has decided - on the basis of the offers submitted - not to pursue the sale ...
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PropertyEU Archive
JLL appointed to market Adequa business park in Madrid
Jones Lang LaSalle said that it has been mandated as exclusive real estate adviser for the leasing of thee office buildings part of the Adequa business park in the Northern suburbs of Madrid. The owner of the schemes is Spanish commercial real estate developer Bami Newco.
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PropertyEU Archive
War-Sawa-Junior relaunched after refurbishment
ING Real Estate Investment Management CEE has announced that refurbishment of the War-Sawa-Junior retail and office property in Warsaw city centre has been completed. Marks & Spencer, one of the retail property's anchor tenants, has just opened its largest shop in Poland in the building.
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PropertyEU Archive
Fund liquidation back on investors' agenda: Inrev
Investors are beginning to consider liquidation as a fund exit strategy for the first time since 2007 according to the 2010 INREV Fund Termination Study. However, extending the lifetime of a fund remains the most likely strategy, as it has been in the past three years.
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PropertyEU Archive
Global volumes constrained by product availability: JLL
Global direct commercial real estate investment volumes totalled $69 bn (EUR 49.5 bn) in the third quarter of 2010, according to a preliminary figures from Jones Lang LaSalle. This level is similar to the second quarter of 2010 and indicates that the recovery in investment activity seen in the previous ...
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PropertyEU Archive
Deutsche Pfandbriefbank leads syndicate for Budapest mall
A syndicate of banks led by Deutsche Pfandbriefbank, MKB Bank and UniCredit has completed a EUR 384.5 mln refinancing with Dipol Holdings
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PropertyEU Archive
Mindshare chooses Central Saint Giles for flagship HQ
Legal & General Property and Mitsubishi Estate Company exchanged contracts on Tuesday, with media agency Mindshare to take 78,000 sq ft (7,200 m2) at their Central Saint Giles development in central London. The vibrantly coloured Central Saint Giles, designed by Renzo Piano, is an exemplar of excellence in office-led mixed-use ...


