All PropertyEU Archive articles 鈥� Page 1858
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PropertyEU Archive
Prologis leases 42,000m[sup]2[/sup] in Netherlands and Poland
Prologis has signed third-quarter lease agreements in previously unleased space totalling approximately 41,700 m[sup]2[/sup] with three customers in Europe.
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PropertyEU Archive
Panattoni appointed to build new 32,500 m[sup]2[/sup] facility
Warsaw-based Panattoni Europe said that it has been appointed by Polish appliance producer Zelmer to develop a new built-to-suit facility in the Glogow Malopolski municipality, in the southeast of the country.
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PropertyEU Archive
Patrizia launches 5th special real estate fund
German company Patrizia has announced that its KAG subsidiary is launching its fifth special real estate fund, Patrizia Domizil I. The special fund has a total investment volume of EUR 300 mln and was set up for an institution for professional retirement pensions.
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PropertyEU Archive
Redevco acquires prime retail property in York
Redevco United Kingdom has purchased the freehold investment of a prime retail unit at 48 Coney Street/8-10 Market Street in York for 拢8.8 mln (EUR 9.7 mln).
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PropertyEU Archive
ECE to develop four-star hotel at Berlin Bradenburg airport
Hamburg-based property developer ECE has joined forces with hotel operator Steigenberger Hotels AG to construct a four-star Superior Hotel at the future Capital Airport Berlin Brandenburg International BBI.
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PropertyEU Archive
ING RED sells stake in Berlin hotel project
Swiss group Peach Property said that it has acquired an 80% interest in the Am Zirkus 1 hotel project from ING Real Estate Development. Germany's Deutsche Immobilien is retaining its 20% stake in the development project. The financial details were not disclosed.
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PropertyEU Archive
Charles Tillett joins JLL
Charles Tillett has been appointed director in Jones Lang LaSalle's Corporate Solutions England team. He joins the firm from Cushman and Wakefield where he was a partner within the Global Client Solutions team managing, retaining and winning some of the firm's largest corporate occupier accounts.
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PropertyEU Archive
FdM to expand in German hotel market
French SIIC Fonci猫re des Murs (FdM) is looking at new opportunities outside its home market after sealing the acquisition last month of a European hotel portfolio in partnership with insurance group Predica.
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PropertyEU Archive
IC Real Estate merger to create EUR 10b platform
Munich-based IC Real Estate Group has merged with PropertyOne, the asset and property manager with an international clientele. The company is in charge of a commercial property portfolio located throughout Germany which is jointly owned by Cerberus. The financial basis of the merger is an in-kind investment in return for ...
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PropertyEU Archive
Castellum sells two properties for EUR 17m
Swedish real estate firm Castellum has announced that a wholly owned subsidiary has sold a 6,900-m[sup]2[/sup] property with hotel operations in central 脰rebro, Sweden. The underlying proeprty valuation of SEK 102 mln (EUR 11 mln) exceeds the latest valuation at end-June this year by 4%.
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PropertyEU Archive
NAMI-AEW Europe buys Eiffage HQ for EUR 29m
Two French Investment funds, SCPI Laffitte Pierre and Fructir茅gions, managed by NAMI-AEW Europe, have acquired a nine-storey office building in Asni猫res-sur-Seine, northwestern Paris from Union Investment for EUR 28.6 mln. The property is the headquarters of construction group Eiffage.
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PropertyEU Archive
Pandox acquires Brussels hotel for EUR 29m
Swedish hotel company Pandox is strengthening its position in the Belgian hotel property market with the purchase of the Brussels Hilton hotel property and operations for EUR 29 mln.
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PropertyEU Archive
Unicredit to sell EUR 300m portfolio in Rome
Italian lender Unicredit has mandated Cushman & Wakefield to sell a portfolio consisting of seven office buildings in central Rome, well-informed market souces have confirmed to PropertyEU. The 7 Re portfolio, with a value of some EUR 300 mln, includes two historic buildings, Palazzo Mancini and Palazzo Verospi, located at ...
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PropertyEU Archive
Europe sees highest volume of cross-border activity: JLL
The near doubling of global commercial real estate transactions in the first half of 2010 compared to the same period a year ago was underpinned by a return to pre-crisis levels of cross-border investment, according to new research from Jones Lang LaSalle. Total global commercial real estate investment totalled $132 ...
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PropertyEU Archive
Corporate RE departments play 'critical role' in M&A process: CBRE
With M&A activity on the rise globally, corporate real estate departments have an increasingly critical role to play in the consolidation process by preparing corporate portfolios for strategic change, according to CB Richard Ellis.
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PropertyEU Archive
Herald completes letting of Serravalle Retail Park
The EUR 930 mln Henderson European Retail Property Fund (Herald) has completed the second and final letting phase of Serravalle Retail Park (Alessandria), in Italy.
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PropertyEU Archive
Skanska to start green office project in Prague
Global construction and development company Skanska is developing the City Green Court office property with a strong environmental profile in Prague in the Czech Republic. Skanska's investment totals EUR 38 mln.
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PropertyEU Archive
Echo to sell Athina Park in Warsaw for EUR 32m
Polish real estate company Echo Investments has entered into an agreement to sell its Athina Park office complex in Warsaw for PLN 126 mln (EUR 32 mln).
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PropertyEU Archive
Wolbern spends EUR 45m in the Netherlands
Hamburg-based fund manager W枚lbern Invest has acquired two office development projects in the Netherlands for a total of EUR 45 mln, to be paid on completion of the properties in 2011.
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PropertyEU Archive
Carlyle in running to buy Simon's stake in 47 Italian malls
Global private equity group Carlyle has made an offer for a 49% interest in an Italian retail joint venture currently held by US-based retail specialist Simon Property Group, well-informed market sources have told PropertyEU.
