All PropertyEU Archive articles 鈥� Page 1847
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PropertyEU Archive
Sonae Sierra signs letting deals in Spain and Italy
Sonae Sierra, the international shopping centre specialist, has announced the signing of two important letting agreements for third party assets in Spain and Italy.
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PropertyEU Archive
Mountgrange opp fund invests in renewable energy facility
Mountgrange Real Estate Opportunity Fund (MoREOF) has invested 拢16.7 mln (EUR 19 mln) to facilitate the next phase of the development of a large-scale waste-to-biomass power generation plant in the UK.
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PropertyEU Archive
KGAL to launch first French real estate fund
German fund manager KGAL has unveiled plans to launch its first investment fund focusing on French real estate in the first quarter of 2011. The fund, which will be dedicated to private investors, will have an initial investment volume of around EUR 100 mln.
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PropertyEU Archive
Hammerson gets go-ahead for Silverburn expansion
UK REIT Hammerson announced on Monday that Glasgow City Council has granted approval for the extension of the 93,000-m[sup]2[/sup] Silverburn shopping centre in the city.
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PropertyEU Archive
Outflows prompt UBS to freeze German open-ended fund
Swiss bank UBS said on Monday that it is halting redemptions from its UBS (D) 3 Sector Real Estate Europe property fund on the back of growing redemption demands from its investors. The vehicle, which had re-opened in October 2009 after over a one-year redemption freeze, will be suspended for ...
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PropertyEU Archive
European property stocks return 6.7% in September: GPR
European real estate stocks as represented in the GPR 250 Europe Index registered a strong return of 6.7% in September.
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PropertyEU Archive
FdM buys EUR 85m of B&B hotels, plans capital increase
Fonci猫re des Murs (FdM) has signed a purchase agreement with the B&B group for a portfolio of hotels, representing 1,980 rooms, for a price of EUR 85 mln, including fees. The portfolio consists of hotels located in France and Germany, in use and under development.
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PropertyEU Archive
Citadel acquires Colt Telecom's French HQ
London-listed CLS has announced that its subsidiary, Citadel Holdings, has acquired Colt Telecom鈥檚 data centre and French HQ in the southern suburb of Malakoff, Paris. The investment volume comes to EUR 14.33 mln.
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PropertyEU Archive
Invesco's first hotel fund almost fully invested
Invesco Real Estate has acquired a Mercure hotel in Vienna for its first dedicated pan-European hotel fund. The vendor was a German fund.
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PropertyEU Archive
PEPR negotiates dividend concession with banks
Euronext-listed Prologis European Properties (PEPR) has received approval from the bank syndicate on its EUR 258 mln senior unsecured corporate term loan to partially remove restrictions on dividend payments. As a result, the decision over when to resume paying ordinary dividends is now solely in the hands of the business.
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PropertyEU Archive
Green buildings grab market share in Germany
Green buildings are becoming increasingly important in the five major German office markets Berlin, D眉sseldorf, Frankfurt, Hamburg and Munich, according to international real estate advisor Savills. Throughout the first half of 2010 leases totalling approximately 144,000 m[sup]2[/sup] were concluded on green buildings in the five cities, equating to a ...
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PropertyEU Archive
Northern Ireland property market hit by weak economy - CBRE
The property market in Northern Ireland is being badly affected by the continued weak economy and uncertain economic outlook, according to research by property adviser CB Richard Ellis. However, despite fears of further government austerity measures, rising unemployment and low consumer confidence, the retail sector is proving resilient and retailers ...
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PropertyEU Archive
Fonci猫re des R茅gions meets SIIQ criteria
Fonci猫re des R茅gions announced on Friday that it has sold 23 million Beni Stabili shares or a stake of 1.2%, bringing its shareholding in its Italian subsidiary to 50.9%. The transaction was carried out by Kempen & Co at EUR 0.6775 per share.
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PropertyEU Archive
Pointpark expands in Slovakia
Logistics park developer and operator Pointpark Properties (P3) is expanding its Slovak portfolio with the development of a new park, Pointpark Zilina. Located near Strecno, the new distribution centre is the third for P3 in Slovakia and represents a joint venture with local project development company Optima Consulting.
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PropertyEU Archive
L'Etoile Properties expands into Germany
Paris-based L'Etoile Properties is moving into Germany with the appointment of a dedicated managing partner, the company's founder Didier Unglik said in an interview with PropertyEU at EXPO REAL.
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PropertyEU Archive
Norway's Industrifinans turns to German residential
Norwegian investor Industrifinans is switching its focus to residential property again after concentrating on German commercial real estate for the past three years. 鈥榃e are working on the launch of a new Berlin residential fund, Selection II, which will hopefully have a spending power of up to EUR 200 mln,鈥� ...
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PropertyEU Archive
Panattoni starts speculative project in Poznan
Warsaw-based industrial real estate group Panattoni Europe has commenced construction of the sixth warehouse facility at its park in Poznan. The Navo building at the Panattoni Park Poznan I distribution centre will offer nearly 11,000 m[sup]2[/sup] of space and is being developed on a speculative basis, the company said.
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PropertyEU Archive
PEPR renews leases on 250,000m[sup]2[/sup] in southern Europe
Euronext-listed Prologis European Properties (PEPR) has completed lease renewals, totalling 250,600 m[sup]2[/sup] of distribution space, in France and Spain.
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PropertyEU Archive
Real I.S. in EUR 150m fundraising for German retail fund
Real I.S. has unveiled plans for a new EUR 300 mln investment fund focusing on German retail properties. The German fund manager is looking to raise EUR 150 mln of equity from institutional investors for the German Retail Fund. With leverage, the fund will have a spending power of EUR ...
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PropertyEU Archive
Hardstone buys CB16 tower at La D茅fense
The Parlyo II investment fund, managed by Hardstone, has acquired the CB16 tower in the Parisian business district of La D茅fense. The property was sold by Aberdeen Immobilien KAG, acting on behalf of the frozen Degi Europa open-ended real estate fund.
