All PropertyEU Archive articles 鈥� Page 1843
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PropertyEU Archive
ECE opens Europa-Galerie Saarbr眉cken
German inner-city mall specialist ECE opens the 25,000-m[sup]2[/sup] Europa-Galerie Saarbr眉cken on Thursday. The shopping centre features 110 specialist stores, caf茅s, restaurants and service outlets over three levels.
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PropertyEU Archive
RREEF buys Dutch office property for EUR 111m
RREEF Investment has acquired an office building in the Dutch city of Leiden for about EUR 111 mln from Dutch project development corporation Eurocommerce.
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PropertyEU Archive
European volumes increasing despite Q3 dip: DTZ
Investment in commercial real estate across Europe in the first nine months of 2010 has reached EUR 63.6 bn, surpassing last year's total volume of EUR 62.4 bn, according to DTZ Research.
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PropertyEU Archive
Prologis in EUR 732m US asset sale to Blackstone
New-York listed distribution property giant Prologis is selling a Northern American logistics portfolio and other assets to Blackstone Real Estate Advisors for a total of $1.02 bn (EUR 732 mln). Prologis announced on Tuesday that it has entered into a definitive agreement with affiliates of Blackstone RE to sell the ...
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PropertyEU Archive
Aberdeen sees more value in more risk in Nordics
While real estate investors continue to target prime assets in the Nordic region that provide bond-like returns, Aberdeen Asset Management believes value can be found in taking a little more risk as the competition for buying more risky assets is much less fierce.
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PropertyEU Archive
Invesco acquires shopping centre in the Netherlands
Invesco Real Estate has acquired the Entre Deux shopping centre in the Dutch city of Maastricht. The financial details were not disclosed. The vendor is ASR Vastgoed Vermogensbeheer, the real estate management division of Dutch insurer ASR.
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PropertyEU Archive
Pirelli RE shareholders agree spin-off pact
Major shareholders in Pirelli Real Estate have agreed a pact that will give them control of the company after it is spun off. Milan-based Pirelli RE - which from next week will be renamed Prelios - is being separated from its mother company, tyre group Pirelli. The spin-off is ...
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PropertyEU Archive
Reed Midem appoints new directors of real estate and Mipim
Christophe Chupot has been named director of the real estate division at Reed Midem, the fair organiser said on Tuesday. He will oversee the company's real estate business which includes the Mipim, Mapic, Mipim Asia and Global City exhibitions and conferences.
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PropertyEU Archive
Treat LTV breaches with caution, says Hatfield Philips
LTV breaches should be treated with caution, and should rarely form the basis of a decision leading to foreclosure for commercial properties, according to
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PropertyEU Archive
YIT to build four 'green' office buildings in Helsinki
Finnish construction group YIT has announced it is building four office buildings in the Aviapolis area of Vantaa, in the Helsinki region. The first stage, Avia Line I, has already been completed. The under-construction Avia Line II will embody YIT's energy-efficient office construction technology and it will be completed in ...
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PropertyEU Archive
Milan mulls new business district
The City of Milan is planning to convert an abandoned industrial area into a new first-class financial district which will compete with Paris' La D茅fense or London's Carary Wharf, according to Carlo Masseroli, the municipality's alderman for Urban Development.
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PropertyEU Archive
Land Secs sets up JV to develop Walkie Talkie in London
UK REIT Land Securities and Canary Wharf Group announced on Tuesday that they have formed a 50-50 joint venture to develop the 37-storey 'Walkie Talkie' office tower in London. Land Securities has sold the existing property at 20 Fenchurch Street to the joint venture for 拢90.2 mln (EUR 103 mln). ...
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PropertyEU Archive
Skanska initiates residential project in Oslo
Skanska, in cooperation with property company Ferd Eiendom, is starting a new residential area in Oslo, Norway. Skanska鈥檚 share of the investment amounts to approximately NOK 220 mln (EUR 27 mln).
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PropertyEU Archive
Galeria Victoria draws almost 110,000 on opening weekend
Some 109,400 people visited Galeria Victoria on its opening weekend in the south-western Polish city of Walbrzych, according to data gathered my retail footfall measuring service Viametrics.
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PropertyEU Archive
Imo Pan fund to invest EUR 100m in Algarve mall
Portuguese real estate firm Imorendimento has announced that one of its funds is investing EUR 100 mln in the development of a new retail project for locals and tourists in the Algarve region of the country. The Summerville Shopping Parque scheme will comprise a modern 43,800-m[sup]2[/sup] shopping centre, office space, ...
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PropertyEU Archive
Pramerica creates EUR 100m jv with Panattoni
Pramerica Real Estate Investors has created a new joint venture with Panattoni Europe to develop a portfolio of up to EUR 100 mln of Class A logistics warehouses in Poland, Czech Republic and Slovakia.
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PropertyEU Archive
Zarlink sells Stockholm campus for EUR 12m
A private investor, represented by international real estate advisor Savills, has purchased Jarfalla Campus in the Stockholm suburb of Jarfalla from Canadian listed company Zarlink Semiconductor. The price paid was SEK 110 mln (EUR 12 mln).
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PropertyEU Archive
CEE deal volumes hit two-year high in Q3: CBRE
Central and Eastern European (CEE) investment turnover reached over EUR 1.5 bn in the third quarter (Q3) of 2010, marking an increase of nearly 60% on Q2 2010 figures, according to the latest data by CB Richard Ellis (CBRE).
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PropertyEU Archive
Henderson acquires Glasgow mixed-use site for EUR 42m
Henderson Global Investors has acquired a 4,050-m[sup]2[/sup] mixed-use site in Glasgow for 拢36.4 mln (EUR 41.4 mln), representing a net initial yield of 5.4%. HGI carried out the transaction on behalf of its RZVK-Immo-Fonds, for its German joint venture Warburg - Henderson.
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PropertyEU Archive
Sustainability climbs agenda of European corporates: C&W
Sustainability is climbing up the business agenda, a survey of board directors in charge of location for the 500 largest companies in Europe carried out by property adviser Cushman & Wakefield reveals. More than two-thirds (69%) of companies consider sustainability to be either important, very important or fundamental issues for ...
