All PropertyEU Archive articles 鈥� Page 1848
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PropertyEU Archive
Deutsche Euroshop buys Hamburg mall for EUR 160m
Hamburg-based shopping centre investor Deutsche Euroshop has announced the purchase of the Billstedt-Center in Hamburg, its second shopping centre in the region. The property was acquired from Prime Commercial Properties. The transaction, expected to be completed on 1 January 2011, represents an investment of EUR 160 mln, and a net ...
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PropertyEU Archive
Aberdeen gloomier on market conditions
Aberdeen Asset Management is more pessimistic on the real estate sector than at the beginning of the year. 鈥楤ack then investors had a little more appetite for risk. Then after Easter the debt crisis appeared on the horizon in Greece and sentiment tightened,鈥� Alessandro Bronda, Head of Investment Strategy at ...
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PropertyEU Archive
SFL appoints Unibail-Rodamco director as CEO
French listed real estate group Societe Fonciere Lyonnaise (SFL) has announced the appointment of Bertrand Julien-Laferriere as the company's CEO.
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PropertyEU Archive
Deka office building rated gold by German green building council
Deka Immobilien has announced that its Kranhaus Sud office building in Cologne has been awarded a gold certificate by the German Green Building Council. Deka bought the building in April this year for EUR 65 mln and added it to its global property fund. The main tenant of the 16,400 ...
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PropertyEU Archive
Greenprint launches first carbon index
Greenprint Foundation, a worldwide alliance of leading real estate owners, investors, and financial institutions committed to reducing carbon emissions across the global property industry, has launched its first Greenprint Carbon Index.
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PropertyEU Archive
Perella Weinberg closes purchase of Ruhrpark mall
US financial services group Perella Weinberg has completed the acquisition of the Ruhrpark shopping centre in Bochum, Germany. The investment volume is believed to be in the region of EUR 300 mln. The property is earmarked for Perella Weinberg Real Estate Fund I, which focuses on European real estate and ...
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PropertyEU Archive
Development resumes at La D茅fense
Around 100,000 m[sup]2[/sup] of office space has been delivered at La D茅fense this year, according to Raphael Catonnet, deputy managing director of EPAD, the body overseeing development in the Parisian business district.
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PropertyEU Archive
Expo Real 2010 exhibitor numbers up 4%
The 13th edition of the Expo Real property trade fair which took place in Munich this week drew 1,645 exhibitors, 4% more than 2009, deputy managing director Eugen Egetenmeier of fair organiser Messe Muenchen said at the closing press conference on Wednesday.
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PropertyEU Archive
BNP Paribas REIM to launch EUR 300m retail property fund
European fund manager BNP Paribas Real Estate Investment Management is working on a new retail property investment fund for institutional investors. The vehicle, which will have a volume of EUR 300 mln, will focus on retail box properties across Italy.
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PropertyEU Archive
Economy, debt mountain and regulation are investor headaches: AEW
Investors are circling European real estate markets again, but the slowing economic recovery, a 鈥榤ountain of debt鈥� hanging over the sector and the challenge posed by new regulatory requirements should keep the prudent focused on secure income-producing assets, AEW Europe analysts told investors and journalists at a seminar held in ...
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PropertyEU Archive
Altarea to refocus on dominant shopping centres
French listed group Altarea is selling a EUR 300 mln portfolio of small city-centre retail assets this year as part of its strategy to re-focus the business on dominant shopping centres.
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PropertyEU Archive
Institutional investors to switch from GOEFs to spezialfonds: CBRE
New legislative changes will see institutional capital leave the German open-ended fund (GOEF) sector and be invested instead in dedicated special funds (spezialfonds), according to a still to be published report by CB Richard Ellis (CBRE).
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PropertyEU Archive
Taipei City targets retailers at EXPO REAL
Tapei city is represented for the first time ever at this year鈥檚 edition of EXPO REAL in a bid to attract international investors to the city, Li Yung-Cheng, deputy commissioner of the Department of Finance of Tapei City Government, told PropertyEU in an interview.
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PropertyEU Archive
Market still divided into prime 'and the rest鈥�
The current situation whereby the real estate market is divided into 'prime and then everything else' is not going to change just yet, according to Michael Kr枚ger, general manager of real estate finance at German bank Helaba.
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PropertyEU Archive
European Industrial investment rises 80% in H1 - JLL
European industrial investment activity rose by 80% in the first half of 2010 from a market bottom 12 months ago, property adviser Jones Lang LaSalle said at EXPO REAL in Munich. Despite this significant increase, volumes are still below pre-credit crisis levels with recovery in the industrial investment market still ...
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PropertyEU Archive
Bovis, Neue Bruennen, Hochtief win 2010 Prime Property Awards
Bovis Lend Lease, Neue Bruennen and Hochtief Projektentwicklung were each awarded prizes for outstanding European building at the 2010 Prime Property Awards ceremony at the EXPO REAL property trade fair in Munich. Organised by Union Investment, the award recognises real estate projects in Europe that combine commercial success with ecological ...
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PropertyEU Archive
CBRE: turning point in 2011 for Italian market
A number of large-ticket deals are expected to lift Italy鈥檚 commercial real estate investment volumes to around EUR 5 bn by the end of the year, Paolo Bellacosa, head of CBRE鈥檚 Italian capital markets team told PropertyEU in an interview during the EXPO REAL fair in Munich.
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PropertyEU Archive
Alstria Office REIT plans EUR 220m acquisition spree
Germany鈥檚 Alstria Office REIT is planning to spend up to EUR 220 mln on the acquisition of office properties in its home market in the coming few months. In an interview with PropertyEU during the EXPO REAL fair, CEO Olivier Elamine said that the company will use the EUR 50 ...
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PropertyEU Archive
Slowdown in European investment activity in Q3 - CBRE
European commercial real estate investment activity slowed slightly in the third quarter of 2010 as the total value of transactions fell to EUR 23.1 bn, down from EUR 24.6 bn in the second quarter of the year, according to new figures released today by property broker CB Richard Ellis. The ...
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PropertyEU Archive
CBRE sees EUR 35b European funding gap
The UK and Continental European markets are still suffering from a lack of funding for non-core assets, with a funding gap estimated to amount to EUR 35 bn this year, Natale Giostra, head of CBRE's UK & EMEA Debt Advisory team, said during EXPO REAL in Munich. 鈥楤ridging the funding ...
