All PropertyEU Archive articles – Page 1839

  • PropertyEU Archive

    Invista suffers another contract termination

    2010-11-01T00:00:00Z

    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.

  • PropertyEU Archive

    Goodman, Europa join forces on UK logistics

    2010-11-01T00:00:00Z

    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.

  • PropertyEU Archive

    Invesco fund sells Czech business centre for EUR 30m

    2010-10-29T00:00:00Z

    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.

  • PropertyEU Archive

    Foncière des Murs completes EUR 97m rights issue

    2010-10-29T00:00:00Z

    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.

  • PropertyEU Archive

    Valad appoints head of UK Real Estate

    2010-10-29T00:00:00Z

    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.

  • PropertyEU Archive

    Atenor makes takeover bid for Westland

    2010-10-29T00:00:00Z

    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.

  • PropertyEU Archive

    FHH buys Rhein-Main project for new German fund

    2010-10-29T00:00:00Z

    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.

  • PropertyEU Archive

    Mint Investments to launch new Central European fund

    2010-10-29T00:00:00Z

    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.

  • PropertyEU Archive

    Conwert CEO to resign at end-December

    2010-10-29T00:00:00Z

    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.

  • PropertyEU Archive

    UK office occupancy to increase despite public sector cutbacks

    2010-10-29T00:00:00Z

    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.

  • PropertyEU Archive

    Topland to move into mezzanine finance

    2010-10-29T00:00:00Z

    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.

  • PropertyEU Archive

    MFI in running for new mall in Göppingen

    2010-10-29T00:00:00Z

    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 ...

  • PropertyEU Archive

    Predica buys Chambourcy mall project for EUR 110m

    2010-10-28T00:00:00Z

    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 ...

  • PropertyEU Archive

    WestLB abandons Westimmo sale

    2010-10-28T00:00:00Z

    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 ...

  • PropertyEU Archive

    JLL appointed to market Adequa business park in Madrid

    2010-10-28T00:00:00Z

    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.

  • PropertyEU Archive

    War-Sawa-Junior relaunched after refurbishment

    2010-10-28T00:00:00Z

    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.

  • PropertyEU Archive

    Fund liquidation back on investors' agenda: Inrev

    2010-10-28T00:00:00Z

    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.

  • PropertyEU Archive

    Global volumes constrained by product availability: JLL

    2010-10-28T00:00:00Z

    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 ...

  • PropertyEU Archive

    Deutsche Pfandbriefbank leads syndicate for Budapest mall

    2010-10-28T00:00:00Z

    A syndicate of banks led by Deutsche Pfandbriefbank, MKB Bank and UniCredit has completed a EUR 384.5 mln refinancing with Dipol Holdings

  • PropertyEU Archive

    Mindshare chooses Central Saint Giles for flagship HQ

    2010-10-28T00:00:00Z

    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 ...