All PropertyEU Archive articles 鈥� Page 1853
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PropertyEU Archive
Kanam liquidates US-grundinvest fund
German fund manager Kanam said on Thursday it is winding up its US-grundinvest fund in response to demands from a majority of unit holders in Germany's only dollar-denominated open-ended fund. Fund holders will be reimbursed to the tune of $250 mln (EUR 184 mln) before the end of the year ...
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PropertyEU Archive
Fujitsu leases 7,500m[sup]2[/sup] in Frankfurt
IT infrastructure provider Fujitsu Technology Solutions, has relocated from Bad Homburg to Frankfurt. Represented by international real estate adviser Savills, the company has secured 7,500 m[sup]2[/sup] office space at Astro Park in B眉rostadt Niederrad.
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PropertyEU Archive
Carlyle completes B&B Hotel deal for EUR 480m
Global alternative asset manager The Carlyle Group has completed the acquisition of the pan-European B&B Hotel Group for EUR 480 mln. B&B operates a chain of 223 budget hotels with a total of 16,162 rooms across France, Germany and Italy.
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PropertyEU Archive
Corenet Global European Summit attracts 500 delegates
Corenet Global's 9th annual European Summit has attracted nearly 500 delegates to the UK capital to participate in a conference programme themed Ingenuity at Work: Bold Approaches to Corporate Real Estate.
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PropertyEU Archive
Citycon raises EUR 63m from share offer
Helsinki-listed shopping centre specialist Citycon has raised total proceeds of ERU 63 mln from a share offer carried out last week. Some 22 million shares,
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PropertyEU Archive
Forum Partners acquires Berlin residential portfolio
Kompass, a new residential property investment company, has made its first acquisition of just under 1,000 residential units in Berlin-Hellersdorf for EUR 25 mln.
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PropertyEU Archive
Pik agrees home mortgage plan with Sberbank
London-listed Pik Group, one of Russia's leading residential real estate developers, has reached an agreement with Sberbank of Russia on the expansion of its programme to make mortgages available to Pik customers for properties that are at the final stage of completion.
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PropertyEU Archive
Sandberg appointed head of C&W Italy
Cushman & Wakefield (C&W) announced on Wednesday that Joachim Sandberg will be the new head of the property advisor's 100-strong Italian operation. He takes up the position in January 2011.
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PropertyEU Archive
Madelon de Blok joins NautaDutilh as senior associate
Madelon de Blok has joined Benelux law firm NautaDutilh as senior associate. She previously worked in the real estate practice of Dutch law firm Boekel de Ner茅e. De Blok advises on the legal issues concerning all areas of real estate, with an emphasis on commercial property.
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PropertyEU Archive
McCann named chairman of ING Management Australia
ING has announced the appointment of Kevin McCann as chairman of ING Management Limited, the responsible entity for the five listed funds managed by ING REIM (REIMA). McCann replaces Richard Colless, who has retired after eight years at the helm.
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PropertyEU Archive
Silic delivers Grand Axe building to AXA France
French listed property company Silic has completed the development of a 16,400-m[sup]2[/sup] mixed-use building located within its La D茅fense - Nanterre Pr茅fecture business park, in the western suburbs of Paris. The new Grand Axe 2 property was fully leased by Silic to the Groupe Axa France, which already occupies Grand ...
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PropertyEU Archive
Beni Stabili lists bonds on Luxembourg Stock Exchange
Italian real estate company Beni Stabili has listed EUR 225 mln of equity-linked bonds on Luxembourg Stock Exchange. The five-year convertible bonds were issued in April this year and have a coupon of 3.875%.
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PropertyEU Archive
HGI names new business development director
International asset manager Henderson Global Investors (HGI) has appointed Giorgio Giovannini to the position of new business development director. Giovannini, HGI's country manager for Italy, has been leading the group's Italian activities since 2001.
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PropertyEU Archive
French property market emerges from two-year slump: IPD
French commercial real estate has emerged from a two-year slump to record a six-month 1.6% capital appreciation, according to the IPD French Bi-Annual Property Index.
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PropertyEU Archive
Uffi Ream shops in Rousset, Toulouse
French real estate investment manager Uffi Ream has acquired two properties located in the French cities of Rousset and Toulouse from Pylos France. The transaction price amounts to EUR 20 mln.
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PropertyEU Archive
Tashir opens 175,000 m[sup]2[/sup] Rio mall in Moscow
Russia's Tashir Group opened its Rio shopping centre in the Moscow suburb of Reutov. The complex, offering 175,000 m[sup]2[/sup] of total retail space, represents an investment of $100 mln (EUR 74 mln).
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PropertyEU Archive
BBVA Renting buys Sol Melia hotel in Benidorm for EUR 74m
Madrid-based BBVA Renting has acquired the Sol Pelicanos Ocas hotel property located in Benidorm, near Alicante from Spanish hotel group Sol Melia. The transaction price amounts to nearly EUR 74 mln.
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PropertyEU Archive
Retailers committed to expansion across CEE region
There is still huge retail potential across Central and Eastern Europe despite the global downturn, according to a raft of speakers at this year鈥檚 ICSC Czech Republic and Slovak Retail Real Estate Conference - the first joint conference held by the two ICSC national committees.
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PropertyEU Archive
Alpha Industrial signs AM deal with AEW Europe
Cologne-based Alpha Industrial has signed an agreement with AEW Europe to asset manage 230,000 m[sup]2[/sup] of distribution warehouse space spread across seven properties
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PropertyEU Archive
German retail warehouses back in the spotlight: research
German retail warehouses have reappeared on the radars of international investors, according to new research by BNP Paribas Real Estate.
