All PropertyEU Archive articles 鈥� Page 1862
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PropertyEU Archive
Komodor secures large leasing at Ukrainian logistics park
Komodor LLC has executed a lease agreement with Eldorado Ukraine, a leading nationwide retailer of consumer electronics and domestic appliances, for a warehouse and office area of 11,380 m[sup]2[/sup] - or 17% - of the 68,940 m[sup]2[/sup] Komodor Logistics Park.
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PropertyEU Archive
ING Real Estate Select attracts EUR 500m in H1
ING Real Estate Select, the multi-manager investment business, attracted around EUR 500 mln in inflows from European institutional investors, mainly in the Netherlands, in the first half of 2010 for placement with managers targeting the US and Asian property markets.
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PropertyEU Archive
Pramerica completes EUR 120m of London office transactions
Pramerica Real Estate Investors, acting on behalf of a family office, has acquired 20 Grafton Street for a purchase price of 拢47.8 mln (EUR 57 mln).
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PropertyEU Archive
Metric acquires UK shopping centre for EUR 20m
Metric Property Investments, a UK specialist retail real estate investment trust (REIT), has acquired the Morrisons-anchored Gorse Covert Shopping Centre, Loughborough in the UK for 拢16.8 mln (EUR 20 mln).
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PropertyEU Archive
Orco Germany sells Duisburg building for EUR 32m
Frankfurt-listed Orco Germany has announced the sale of Phase II of its H2 Office project in Duisburg for around EUR 32.5 mln. The latest appraised value for the asset was EUR 29 mln, the company said.
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PropertyEU Archive
AFI Development obtains new $74m loan
Russian property company AFI Development announced this week that it has obtained a five-year $74 mln (EUR 57 mln) project loan from Sberbank. The loan will be in Russian roubles and will be used to complete construction works at the Ozerkovskaya Embankment Project (Phase III), in line with the company's ...
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PropertyEU Archive
Pramerica sells assets in Paris and Rotterdam
Pramerica Real Estate International said on Monday that it has sold three properties in Paris and Rotterdam. The sales fall under Pramerica's management mandate for IVG to provide 'well-performing real estate assets for its institutional investors'.
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PropertyEU Archive
Sberbank to buy controlling stake in DB Development
Russian lender Sberbank has signed a preliminary agreement to acquire a 51% interest in DB Development, a joint venture of Deutsche Bank and the Austrian building and construction company Strabag.
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PropertyEU Archive
III-investments launches new funds for German investor
German fund manager iii-investments announced on Monday the launch of new real estate special funds for a German institutional investor with investment target Europe.
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PropertyEU Archive
European listed property returns 0.4% in August: GPR
European listed real estate shares, as represented by the GPR 250 Europe Index, delivered a modest return of 0.4% in August. On a country-by-country basis, Greece, represented in the index by Babis Vovos, was the strongest performer (14.3%). Switzerland was in second place with 6%.
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PropertyEU Archive
Hypo Real Invest acquires Prague office for EUR 15m
Czech real estate firm Immorent CR has sold its office project, Avenir Building E, in Prague to a fund managed by Austria's Hypo Real Invest for EUR 15 mln. This is Hypo Real Invest's third investment in in the Czech Republic so this year.
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PropertyEU Archive
Rockspring buys 21 Eroski supermarkets for EUR 45m
Spanish retail group Eroski has sold a further 21 supermarkets as part of its ongoing sale-and-lease back programme. Rockspring, advised by Savills, acquired the 21 assets for EUR 45 mln.
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PropertyEU Archive
SWIP swoops on retail park for EUR 58m
Scottish Widows Investment Partnership (SWIP) has purchased a retail park in Northern Ireland for 拢48 mln (EUR 58 mln). The Longwood Road Retail Park, Newtownabbey was sold by local developer Corbo Properties in its third deal in recent months.
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PropertyEU Archive
Threadneedle acquires Hull retail park at 6.98% yield
Capital & Regional, the co-investing property asset manager, announced that the Junction Fund has completed the sale of St Andrews Quay Retail Park, in the UK city of Hull, to Threadneedle Strategic Property Fund.
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PropertyEU Archive
Dutch investor universe looks abroad
Dutch investors lead the field in terms of non-listed investment n Europe, according to a survey by the European Association for investors in non-listed real estate funds (Inrev).
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PropertyEU Archive
Fabege lets premises in Kungsholmen to Education agency
Swedish listed real estate firm Fabege has annouced that the Swedish national agency for education has signed a six-year lease for 9,000 m[sup]2[/sup] of office space in the property Klamparen 10, formerly Tingsr盲tten (the City Court), in Kungsholmen, Stockholm.
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PropertyEU Archive
Berggruen seals Karstadt takeover
The sale of Germany's insolvent department-store chain Karstadt to billionaire investor Nicolas Berggruen was finally approved last Friday, after several months of protracted wrangling over lower rents and debt restructuring.
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PropertyEU Archive
New phase doubles size of Designer Outlet Berlin
Outlet specialist McArthurGlen and international fund manager Henderson Global Investors have announced the opening of the second phase of Designer Outlet Berlin, with nearly 10,900 m[sup]2[/sup] of leasable space, of which 8,000 m[sup]2[/sup] is retail. This second phase almost doubles the size of the centre, bringing the total retail space ...
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PropertyEU Archive
Em铆lia Tarr贸 to head industrial for C&W in Budapest
The Budapest office of global real estate consultant Cushman & Wakefield (C&W) has recently promoted Em铆lia Tarr贸 to head of industrial department. Tarr贸 joined C&W in 2007 with a reliable knowledge and experience of the Hungarian industrial real estate market and during the past three years she successfully contributed to ...
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PropertyEU Archive
CA Immo completes OBI store in Romania
Austrian real estate firm CA Immo International has announced the completion of construction of a 9,700-m[sup]2[/sup] Obi store in Romania. The DIY store is the first phase of the planned Prima shopping centre being developed by CA Immo and Romanian company Oasis Retail Development & Consulting in Sibiu, Romania.
