All PropertyEU Archive articles – Page 1845

  • PropertyEU Archive

    Skanska to invest EUR 36m in Polish green office project

    2010-10-14T00:00:00Z

    Swedish construction and development giant Skanska has announced plans to invest EUR 36 mln in the first phase of a green office project in Warsaw, Poland.

  • PropertyEU Archive

    Allianz in pole position to buy Simon's stake in 47 Italian malls

    2010-10-14T00:00:00Z

    German insurance group Allianz is the frontrunner to acquire a 49% interest in an Italian retail joint venture currently held by US-based retail specialist Simon Property Group, reliable sources have told PropertyEU.

  • PropertyEU Archive

    Foncière R-Paris forced to sell mixed-use building for EUR 62m

    2010-10-14T00:00:00Z

    Spanish group Restaura's French unit Foncière R-Paris said that it has signed a preliminary agreement to sell the 144 Rivoli building in Paris' first arrondissement after a subsidiary owning the asset failed to meet its debt payments.

  • PropertyEU Archive

    Multi, ASR open Dutch mall

    2010-10-14T00:00:00Z

    Multi Corporation's Dutch subsidiary and local player ASR Vastgoed have opened the Vleuterweide shopping centre in Leidsche Rijn, the Netherlands.

  • PropertyEU Archive

    Prologis sees focus on built-to-suit developments

    2010-10-14T00:00:00Z

    Prologis, Europe’s largest owner of modern distribution facilities, expects to focus on built-to-suit development opportunities for the foreseeable future, Philip Dunne, president and COO of Prologis Europe, told PropertyEU in an interview. ‘In the future we will no doubt return to speculative development and have a greater mix of the ...

  • PropertyEU Archive

    Raiffeisen in talks to buy Mall Varna from Miller

    2010-10-14T00:00:00Z

    Austria's banking group Raiffeisen Bank International is seeking to acquire Miller Mall Varna, the owner of the Mall Varna shopping centre in Bulgaria. The property is owned by UK-based Miller Developments which in 2008 acquired it for EUR 120 mln in one of the country's largest single-asset deals. At the ...

  • PropertyEU Archive

    UK mall development pipeline dries up: C&W

    2010-10-14T00:00:00Z

    The number of new shopping centres being completed in the UK this year is likely to fall by around 40% below the 10-year annual average, according to new research from Cushman & Wakefield. Just 80,000 m[sup]2[/sup] of shopping centre gross lettable area (GLA) was added to the market in the ...

  • PropertyEU Archive

    UK property delivers muted growth in September: IPD

    2010-10-14T00:00:00Z

    UK commercial property markets produced another shallow month of capital growth, at 0.2%, according to September's IPD UK Monthly Index. The 12-month change in capital growth is now 14.2%.

  • PropertyEU Archive

    Emerging Trends detects hopeful signs in US

    2010-10-14T00:00:00Z

    US commercial real estate industry investors and professionals hint at hopeful signs of tempered commercial real estate market improvements after three years of dislocation and unprecedented loss, according to respondents of the Emerging Trends in Real Estate 2011 report.

  • PropertyEU Archive

    Lasalle jv buys Notting Hill Estate for EUR 149m

    2010-10-13T00:00:00Z

    Lasalle Investment Management has teamed up with UK family investment firm William Pears to purchase the Notting Hill Estate in London for £131 mln (EUR 149 mln). The vendors are UK REIT Land Securities and real estate investor Delancey.

  • PropertyEU Archive

    ICA-Alecta jv to acquire EUR 216m retail portfolio

    2010-10-13T00:00:00Z

    Nordic retail specialist ICA Real Estate has formed a joint venture with Swedish pension fund Alecta to initially acquire a hypermarket portfolio valued at slightly more than SEK 2 bn (EUR 216 mln).

  • PropertyEU Archive

    Wereldhave prices EUR 230m bond issue

    2010-10-13T00:00:00Z

    Amsterdam-listed Wereldhave announced on Wednesday that it has successfully priced a EUR 200 mln offering of unsecured convertible bonds due 2015. The issue size was boosted to EUR 230 mln after Barclays Capital exercised a EUR 30 mln increase option granted to it by Wereldhave.

  • PropertyEU Archive

    Eurohypo arranges EUR 250m financing for Ruhr mall

    2010-10-13T00:00:00Z

    German lenders Eurohypo and Deutsche Pfandbriefbank have provided EUR 250 mln financing for the purchase of the Ruhr-Park shopping centre by financial services provider Perella Weinberg.

  • PropertyEU Archive

    Beni Stabili sells in the US for EUR 50m

    2010-10-13T00:00:00Z

    Italian listed property company Beni Stabili has completed the disposal of a portfolio consisting of three properties in New York, Chicago and Los Angeles and leased to fashion group Prada. The transaction price amounts to $70 mln (EUR 50 mln), which compares to a book and market value of $66 ...

  • PropertyEU Archive

    Corio places EUR 500m eurobond

    2010-10-13T00:00:00Z

    Listed retail property specialist Corio announced on Wednesday that it had successfully placed a EUR 500 mln benchmark eurobond following a four-day road show in Europe.

  • PropertyEU Archive

    SEB acquires 60% stake in Singapore mall

    2010-10-13T00:00:00Z

    SEB Asset Management has increased its exposure in Asia by the acquisition of the Chinatown Point shopping centre in Singapore via a joint venture with Asian partners.

  • PropertyEU Archive

    SEB AM outlines top picks for Asia

    2010-10-13T00:00:00Z

    Choy-Soon Chua, managing director at SEB Asset Management, tells PropertyEU he is on the hunt for investment opportunities in Asia.

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    Brokers back on hiring trail

    2010-10-13T00:00:00Z

    Europe’s leading real estate advisers are back on the recruitment trail after seeing staff numbers drop by as much as 17% in 2009.

  • PropertyEU Archive

    Savills poaches CBRE Gothenburg team

    2010-10-13T00:00:00Z

    Property adviser Savills is opening a new office in Sweden following the acquisition of a four-man team from CB Richard Ellis in Gothenburg. They will join Savills existing business in Sweden on 9 December 2010, establishing a second office alongside its Stockholm headquarters.

  • PropertyEU Archive

    Tomasz Czuba join JLL in Warsaw

    2010-10-13T00:00:00Z

    Jones Lang LaSalle has announced that Tomasz Czuba has joined as a national director in the Office Agency team in Poland. Czuba will lead the Office Leasing department, which advises developers and landlords on the commercialization of office developments including development of leasing & marketing strategy for the project, and ...