All PropertyEU Archive articles 鈥� Page 1842
-
PropertyEU Archive
Sveafastigheter holds second closing for new Nordic fund
Nordic real estate private equity house Sveafastigheter has carried out a second closing for its new fund, Sveafastigheter Fund III. Including previous commitments, the fund now has received funds totalling over EUR 120 mln.
-
PropertyEU Archive
Industrial vacancy drops in Czech Republic: DTZ
The vacancy rate in logistics and industrial Grade A properties in the Czech Republic has decreased sharply in Q3 2010, according to new research from DTZ. After totalling more than 18% in Q3 last year, vacancy rates have since dropped to sub 12% in Q3 2010. This brings the total ...
-
PropertyEU Archive
Norwegian sells Norgani hotels in EUR 1bn deal
Norwegian Property has concluded an unconditional agreement to sell the Nordic hotel group Norgani for about NOK 8.3 bn (EUR 1 bn). The buyer is Sech Holding, a company jointly owned and controlled by Swedish hotel company Pandox and Heches Holding, which is controlled by Eiendomsspar and the Sundt family.
-
PropertyEU Archive
German funds step up disposals in year to end-June 2010: BVI
Germany's open-ended property investment funds (GOEFs) sold 105 assets in the 12 months to end-June, more than double the 48 disposals recorded in the year-earlier period, according to new figures from fund industry body BVI. A significant portion of the disposals were in Germany, where 65 properties were sold for ...
-
PropertyEU Archive
SFL in exclusive talks to buy 30% stake in SIIC de Paris
SIIC de Paris, the French property arm of Spanish group Realia, said on Thursday that it is 'in exclusive negotiations' with Soci茅t茅 Fonci猫re Lyonnaise (SFL) to sell a 30% stake in the company before the end of the year. As part of the operation, Inmobiliaria Colonial's French subsidiary SFL plans ...
-
PropertyEU Archive
UBS RE sells in The Hague for EUR 98m
The German asset management unit of Swiss banking group UBS said on Thursday that it has divested two office buildings to fund manager Real I.S. for a total of EUR 98 mln. The company is selling two of the three office buildings within the Beatrixpark office complex. They offer 27,500 ...
-
PropertyEU Archive
Orpea buys into French and Belgian nursing home markets
French nursing home operator Orpea has signed an agreement to acquire the entirety of the Mediter Group in France as well as a 49% stake in the Medibelge Group in Belgium, representing a total of 4,866 beds on 57 sites, including 3,810 beds in France and 1,056 beds in Belgium. ...
-
PropertyEU Archive
Immofinanz sells Valdek office building in Prague
Immofinanz has sold the Valdek office building in Prague to a Danish investor. The sale price was kept confidential but the parties said it exceeded the book value determined by external appraisals. The sale forms part of the optimisation of Immofinanz's property portfolio,
-
PropertyEU Archive
Return of pre-lets stimulates Central London take-up: CBRE
The Central London office market saw take-up levels rise well above trend in the third quarter of 2010, according to a new research report from CB Richard Ellis. The market saw the return of large pre-letting deals, which boosted take-up to 325,000 m2, 27% above the previous quarter, and an ...
-
PropertyEU Archive
Colliers-UFG mulls new office in Lille
Colliers International's French arm, Colliers-UFG PM is considering opening a new office in Lille to expand its reach in the French property services market.
-
PropertyEU Archive
Investment market making up for lost time: C&W
European real estate trading volumes hit EUR 23.3 bn in Q3, 12.5% down on the second quarter, according to Cushman & Wakefield. The property adviser said in a new report that better sentiment and a modest improvement in property and debt availability should support stronger activity in the coming months, ...
-
PropertyEU Archive
Gazeley re-starts speculative development in Germany
Global logistics property developer Gazeley has launched the construction of a new 20,000 m[sup]2[/sup] logistics property on a 4-hectare site in Kandel, near Karlsruhe in south-western Germany. In a statement this week, the company said that the development is the first speculative project carried out since the onset of the ...
-
PropertyEU Archive
BNP Paribas REIM completes EUR 174m of transactions
BNP Paribas Real Estate Investment Management said that it has completed EUR 174 mln worth of transactions on behalf of its funds during the first nine months of 2010. The figure represents almost a 20% decrease on the investment volume of EUR 215 mln reported in the same period in ...
-
PropertyEU Archive
DIC Asset sells retail property in Flensburg for EUR 29m
German-listed DIC Asset has sold a retail property located in the centre of Flensburg for some EUR 29 mln to an international institutional investor. The group of buildings, which has a lettable area of some 7,000 m2, is nearly fully let. The transaction was brokered by Jones Lang LaSalle.
-
PropertyEU Archive
Hammerson completes sale of 75% of Espace Saint Quentin
UK REIT Hammerson confirmed on Wednesday that is has completed the sale of a 75% interest in Espace Saint Quentin shopping centre near Paris to Allianz Real Estate.
-
PropertyEU Archive
European investment up 90%: JLL
Direct investment in retail real estate in Europe during the first three quarters of 2010 reached EUR 15.2 billion, over 90% up on the same period in 2009 (EUR 7.8 bn).
-
PropertyEU Archive
BNP Paribas RED to build Siemens' new HQ in Milan
BNP Paribas Real Estate Property Development Italy has announced the signing of an agreement with Siemens' Italian arm to develop the new headquarters of the electrical appliance manufacturer in the north-eastern Adriano district of Milan.
-
PropertyEU Archive
EU buys Wing's Millenaris Modern building in Budapest
The European Union has purchased the Millen谩ris Modern office building development in Budapest's Buda business district from local development company Wing. The financial details were not disclosed.
-
PropertyEU Archive
Greg Vorwaller named global head of capital markets at C&W
Cushman & Wakefield has announced that Gregory Vorwaller has joined the firm as global head of capital markets. Vorwaller joins C&W from CB Richard Ellis, where he was chief operating officer of capital markets and president of its investment properties group. He will be based in Chicago.
-
PropertyEU Archive
Former WP Carey execs launch sale-and-leaseback specialist
Former executives of New York-based WP Carey have announced the launch of a new firm, Northcliffe Asset Management, to invest in the growing global market for real estate sale-leaseback investments.
