All PropertyEU Archive articles 鈥� Page 1844
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PropertyEU Archive
Laurent Vouin to head AXA RE opportunity funds
AXA Real Estate has announced the appointment of Laurent Vouin as head of opportunistic funds. AXA RE is the largest real estate manager in Europe and second globally with assets under management of EUR 39.5 bn.
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PropertyEU Archive
Blackrock changes name to Balmoral International Land
Irish real estate company Blackrock International Land has obtained the approval of the Registrar of Companies in Ireland to change its name to Balmoral International Land. This follows the passing of resolutions relating to the name change which were proposed to shareholders at the company's extraordinary general meeting held on ...
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PropertyEU Archive
Outlet centres face growing competition from e-commerce
Tenant demand for outlet development in new markets continues to grow as designer outlet sales hold strong, but this asset class has serious competition from clicks as brands move to liquidate some of their stock on-line.
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PropertyEU Archive
Global demand for office space returning to normal, says Colliers
Office real estate markets around the world took another step towards returning to normal in the past six months, according to Colliers International. The property adviser's Global Office Real Estate Review for the first six months of 2010 suggests there are 'increasing signs'in most markets that the worst of ...
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PropertyEU Archive
Ciloger buys Grand Angle mall for EUR 60m
France's Ciloger has acquired the Grand Angle inner city shopping centre project in Montreuil, in the eastern suburbs of Paris from developer Sopic for about EUR 60 mln. The purchase was carried out on behalf of two funds managed by Ciloger.
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PropertyEU Archive
Metric acquires retail park in Manchester
Metric Property Investments, the UK specialist retail real estate investment trust (REIT), has conditionally exchanged contracts to acquire Congleton Retail Park in South Manchester. The vendor is North West-based investor and developer, Bluemantle, for 拢14.86 mln (almost EUR 17 mln). The purchase price reflects a net initial yield of ...
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PropertyEU Archive
Hatfield Philips welcomes IMF stance on rating agencies
Hatfield Philips International (HPI), one of Europe's largest independent Primary and Special Servicer, has welcomed recent calls by the International Monetary Fund (IMF) for tighter procedures at rating agencies.
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PropertyEU Archive
Invista: no firm offers yet for asset sell-off
Invista Real Estate Investment Management has no definitive offers yet for its assets as it prepares to wind up its business. 'The company would like to make clear that no definitive proposals have yet been received for any of Invista's assets and there is currently no certainty as to the ...
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PropertyEU Archive
Eur SpA seeks buyer for hotel project in Rome's business district
Eur SpA, the publicly-held company managing the development of Rome's Eur business district, has announced plans to sell a hotel project currently under development in the Italian capital's new congress centre.
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PropertyEU Archive
MPC buys Siemens property for new German fund
Hamburg-based MPC Capital has acquired an office and technology centre leased to Siemens for its newly launched MPC Deutschland 8 fund. Located in Erlangen, the energy-efficient property is occupied by Siemens' energy, industry and healthcare units on a 12-year rental agreement and an option to extend by a further five ...
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PropertyEU Archive
Lucie Vesela joins Colliers' Czech office
Lucie Vesela is joining Colliers International from Czech governmental agency CzechInvest. As a project manager at the agency, she was responsible for aftercare support for international IT and shared services companies. During almost 2 years, she worked for recognized clients such as IBM, InBev, Johnson & Johnson, Siemens Business Services, ...
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PropertyEU Archive
Ian Coull to retire from Segro next year
Segro, Europe's leading provider of flexible business space, announced on Friday that CEO Ian Coull will retire from the business during the course of 2011, when a successor has been appointed.
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PropertyEU Archive
Tristan to launch new Curzon fund, recruits veteran team
European real estate investment manager Tristan Capital Partners is planning to raise EUR 500 mln early next year for its new fund Curzon Capital Partners III, CEO Ric Lewis told PropertyEU. 'The new fund will focus on core-plus properties in the UK and the Continent and all sectors including office, ...
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PropertyEU Archive
SRV to develop new HQ for Siemens Finland
Finnish construction group SRV is joining forces with investor Sato and pension fund Ilmarinen to redevelop the Perkkaa suburb of Espoo after acquiring the site and head office of Siemens' Finnish arm for an undisclosed amount. The Kiinteist枚 Oy Perkkaantalo joint venture company plans to develop a new green neighborhood ...
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PropertyEU Archive
First Property makes first purchase for Polish opp fund
AIM-listed property fund management group First Property said that its newly launched opportunity fund has made its first property acquisition with the purchase of a Carrefour hypermarket in Lodz, Poland for EUR 20 mln. The asset is leased with a term of 11 years and is forecast to earn a ...
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PropertyEU Archive
Pardoe to be next MD of Goodman UK logistics
Goodman Group has announced that Graham Pardoe is to be the next managing director of Goodman Group's UK logistics unit when Jason Dalby steps down on 1 January next year. Dalby will continue to work with Goodman on an advisory basis, sitting on several joint venture boards and will remain ...
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PropertyEU Archive
Peach Property prepares IPO
Swiss luxury property developer Peach Property Group plans to list its shares on the Main Standard of the Swiss stock exchange in the coming weeks as it seeks to raise funds for new development projects. In a statement on Wednesday, the company said that the operation will enable 'future growth ...
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PropertyEU Archive
Colonia raises EUR 11m in capital increase
Cologne-based Colonia Real Estate it has raised gross proceeds of EUR 10.8 mln from a capital increase. The proceeds will be used for future expansion through acquisition of residential property portfolios and for investments in the company's existing residential property portfolios.
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PropertyEU Archive
Sistema-Hals gets EUR 137m loan for Moscow mall project
Russian listed real estate company Sistema-Hals said it has received financing of up to RUB 5.78 bn (EUR 137 mln) for the redevelopment of the landmark Central Detsky Mir shopping centre on Lubyanka square in Moscow.
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PropertyEU Archive
Italian government sells 19 military assets
Italy has taken another important step in the sale of 19 barracks in the Emilia-Romagna region. The economics ministry, the municipality of Bologna amd Demanio, the public real estate agency have signed an agreement for the redevelopment and subsequent sale of a state-owned portfolio consisting of the 19 real estate ...
