All PropertyEU Archive articles 鈥� Page 1874
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PropertyEU Archive
ICSC calls investors and retailers to account in Bratislava
European property chiefs will be in Bratislava on 22 September when the Czech Republic and Slovak National Committees of The International Council of Shopping Centres (ICSC) host a retail real estate conference at the Crowne Plaza Hotel on investment strategies and the future of the region's retail real estate.
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PropertyEU Archive
Invesco broadens European platform with new appointments
Invesco Real Estate (IRE), has announced a raft of new appointments across its European business. The appointments by the global cross-border property investment manager cover fund management, asset management, transactions, research and fund accounting, including a director to oversee its fund operations in its newly opened Luxembourg office.
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PropertyEU Archive
Christie + Co markets London boutique hotel
Christie + Co is marketing the freehold of the Four Seasons Hotel near Baker Street, London, on behalf of a private client. Offers in the region of 拢9 mln (almost EUR 11 mln) are being sought.
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PropertyEU Archive
No respite for Irish markets as rental fall steepens: IPD
Accelerated rental falls in Irish commercial property has stifled the market's recovery, driving steeper capital depreciation over the three months to the end of June, at -3.5%, according to the SCS/ IPD Ireland Quarterly Property Index.
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PropertyEU Archive
LGP lets 13,000 m[sup]2[/sup] warehouse in Tamworth
Legal & General Property (LGP) has announced it has secured Norbert Dentressangle Logistics as a tenant at Centurion Park in Tamworth, UK. The major French transport and logistics company has taken Unit 2 at the park, which comprises 141,770 sq ft (13,000 m2) of accommodation, on a 10-year lease term. ...
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PropertyEU Archive
CBRE, JLL see earnings rebound in Q2
The two largest global commercial real estate advisory firms have reported a strong bounce back to profitability in the second quarter of this year, thanks to the combined effect of cost-cutting and higher earnings driven by a pick up in market activity.
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PropertyEU Archive
Realty Lab advises AXA fund on Milan property disposal
Realty Lab, the Milan-based real estate brokerage partnership between Roberto Nicosia and Alessandro Manetti, has advised AXA Real Estate's European Office Income Venture (EOIV) fund on the disposal of an office block in Milan, for EUR 45.5 mln.
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PropertyEU Archive
AFI Dev. extends Mall of Russia facility
AFI Development, a real estate company focused on developing property in Russia and the CIS, has announced that it has reached an agreement with VTB Bank on the extension of the Mall of Russia credit facility agreement between the company and VTB Bank.
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PropertyEU Archive
UPDATE: Time running out for Karstadt agreement
Time is running out for rental values at insolvent German retailer Karstadt to be agreed, with lender Valovis and new owner Berggruen Holdings digging in their heels.
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PropertyEU Archive
European investors becoming more hesitant: JLL
Global real estate markets are experiencing a continued upswing with regional patterns emerging but an investor-led bounce in Europe during the first half of 2010 has not yet filtered through to market fundamentals, according to Jones Lang LaSalle's July-August issue of the Global Market Perspective.
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PropertyEU Archive
LSH to market major Nottinghamshire business park
UK commercial property consultancy Lambert Smith Hampton (LSH) has been instructed to sell one of north Nottinghamshire's biggest business parks. Harworth Estates, the property arm of UK Coal Mining Limited, has instructed the firm to find a buyer for Bilsthorpe Business Park, which is home to Nottinghamshire County Council and ...
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PropertyEU Archive
Europa Fund II completes sale of Hofgarten Palais
Europa Capital, the general partner of Europa Fund II, has completed the sale of Hofgarten Palais in D眉sseldorf to Union Investment Real Estate. The parties signed initial agreements in May.
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PropertyEU Archive
Conwert gets green light for ECO takeover
Vienna-listed residential property firm Conwert Immobilien Invest has been granted approval for the planned takeover of Austrian peer ECO Business-Immobilien by the antitrust authorities in Austria and Germany. Conwert said that if other conditions are met by the end of the acceptance period on 30 July, the transaction can expected ...
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PropertyEU Archive
Sonae Sierra signs leasing service deal in Greece
Sonae Sierra, the shopping centre specialist, has closed a leasing services agreement with Pradera for Village shopping & more, a shopping centre which opened in Attica, Greece in December 1999. The centre was renovated in November 2008.
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PropertyEU Archive
INREV updates due diligence questionnaire
Major institutional investors have put their weight behind the updated due diligence questionnaire launched by the European Association of Investors in Non-Listed Real Estate Vehicles (INREV). PGGM, APG, Gothaer Asset Management AG, Generali Deutschland Immobilien GmbH and Allianz are among INREV investor members who have pledged to continue to use ...
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PropertyEU Archive
Irish investment in H1 reaches 2008 levels: Savills
The Irish investment market has seen a total transactional volume of EUR 130 mln in the first half of 2010, considerably higher than the EUR 85 mln recorded in the first six months of 2009. Savills predicts in a investment report that if the deals that are currently in negotiation ...
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PropertyEU Archive
Redefine Intl acquires 5 Holiday Inns for EUR 127m
AIM-listed Redefine International (RDF) has announced it has exchanged agreements with The Splendid Hotel Group for the acquisition of a portfolio of five Holiday Inn hotels located in London for a total of 拢106 mln (EUR 127 mln). Completion of the transaction is conditional on RDF securing satisfactory funding terms ...
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PropertyEU Archive
Corio agrees to pay EUR 176m for Anatolium mall
Retail property specialist Corio has announced that it has acquired Anatolium shopping centre in Turkey for EUR 176 mln, in line with Corio's last reported Net Theoretical Yield for Corio T眉rkiye.
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PropertyEU Archive
UK office market take-up slowed in mid-2010: King Sturge
UK office market take-up slowed in the second quarter of 2010 after an exceptionally strong start to the year but the underlying picture remains healthy, according to research by King Sturge. In the three months to June, occupiers took just 121,000 m[sup]2[/sup] of office space, less than half as much ...
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PropertyEU Archive
Klepierre, Axa to pay Euro Disney EUR 47m for mall plot
Paris-listed real estate firm Kl茅pierre and French insurer Axa have jointly acquired the land under Val d'Europe Mall from Euro Disney for EUR 47 mln. Inaugurated in October 2000, the mall is co-owned by Kl茅pierre (55%) and Axa (45%) and they had a long-term lease with Euro Disney for the ...
