All PropertyEU Archive articles 鈥� Page 1875
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PropertyEU Archive
Deutsche Pfandbriefbank extends EUR 600m facility for La Denfense tower
Deutsche Pfandbriefbank announced on Tuesday that it has renewed and extended the EUR 600 mln acquisition and development financing of the 'Tour First' tower in La Defense near Paris for Beacon Capital Partners. The financing facility was initially provided in June 2007 to finance the joint venture agreement between Beacon ...
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PropertyEU Archive
NIBC advises and finances acquisition of Strukton
Netherlands-based bank NIBC has announced that it arranged financing for the acquisition of Dutch infrastructure and urban development group Strukton by Dutch rail firm Nederlandse Spoorwegen and European consultancy-engineering firm Oranjewoud .
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PropertyEU Archive
Conwert appoints new executive director for finance
Vienna-listed property firm Conwert Immobilien Invest has appointed Thomas Doll as a new executive director. Doll will assume responsibility for
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PropertyEU Archive
Carpathian in due diligence on two Polish sales
AIM-listed real estate investor Carpathian has announced that it is exploring two potential sale transactions in Poland as part of its strategy to return value to shareholders in the medium term.
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PropertyEU Archive
Valad appointed investment manager of EUR 480m Swedish portfolio
Sydney-listed Valad Property Group announced on Monday that its European business has been appointed by Kefren Properties as investment manager of its EUR 480 mln real estate portfolio in Sweden. Valad said the appointment won by Valad Europe is in line with the group's strategy of growing its real estate ...
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PropertyEU Archive
Hatfield Philips restructures EUR 72m German loan
Hatfield Philips, Europe's largest independent primary and special servicer, has announced the successful restructuring of the EUR 71.2 mln Berlin Dresden loan. The loan, which is secured on two office buildings in Berlin and Dresden, was transferred to Hatfield Philips earlier this year due to non-repayment at the maturity date. ...
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PropertyEU Archive
Tamar industrial fund sells Paris portfolio at 9% yield
Tamar European Industrial Fund has sold a portfolio of three light industrial buildings situated in the Paris region, to private investor PCVI Group for EUR 7.45 mln. The investment volume reflects a price that is close to the fund's latest March 2010 valuation.
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PropertyEU Archive
Savills Poland appoints head of retail agency
Property consultant Savills has appointed Malgorzata Fucik as the new head of its retail department in Poland. Fucik previously worked for Immochan, the real estate subsidiary of Grupo Auchan, and also co-operated with TK Development. She has 12 years real estate experience in the retail property sector and has been ...
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PropertyEU Archive
Henderson disposes of retail park in Belgium
The EUR 930 mln Henderson European Retail Property Fund (Herald ) has completed the sale of Hedera Retail Park in Roeselare, Belgium, to Retail Estates NV for EUR 10 mln. The asset, which comprises 7,174 m[sup]2[/sup] of retail space and whose biggest tenant is Decathlon, was sold for an ...
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PropertyEU Archive
Flemish commission moves into CBREI's Renaissance building
CB Richard Ellis Investors, the global real estate investment management firm, has signed a 21-year leasehold agreement with the Commission of the Flemish Community (VGC) for 5,848 m[sup]2[/sup] at the Renaissance office building in Brussels.
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PropertyEU Archive
Razvan Sin is DTZ Echinox's new head of retail department
DTZ Echinox announces the consolidation of the management team, by promoting Razvan Sin to head of the retail department. Sin joined DTZ at the beginning of 2007 and over the last three years, he has contributed to the development and coordination of DTZ's exclusive and non-exclusive commercial projects ...
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PropertyEU Archive
Real estate in emerging economies outperforms Western Europe: RICS
Austerity measures to reduce fiscal deficits adopted by eurozone countries and the UK are hitting property markets, according to the latest RICS Global Commercial Property Survey published on Monday.
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PropertyEU Archive
Hypo keeps its cool after failing stress test
German property lender Hypo Real Estate (HRE) has said that its failure to pass the pan-European stress test designed to determine banks' financial health has 'limited relevance' for the group as the finding does not reflect steps being taken to strengthen its balance sheet.
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PropertyEU Archive
Private equity specialist joins Land Secs non-executive board
Land Securities has announced that Simon Palley (52) will join the board as a non-executive director on I August 2010. Palley has a long track record in investment banking, consulting and private equity. He started his career at Chase Manhattan before moving to Bain & Company.
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PropertyEU Archive
Luxury fashion brand drive global retailer expansion: CBRE
Luxury goods retailers have emerged as the most active and expansive retail sector, responsible for over 23% of new store openings during the past year, according to the new edition of How Global is the Business of Retail? by CB Richard Ellis (CBRE).
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PropertyEU Archive
Henderson sells Vienna office building
Henderson Global Investors announced that it has completed the sale of Am Modenapark 1-2, an office building in Vienna, on behalf of its German joint venture with M.M. Warburg, the Warburg-Henderson KAG.
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PropertyEU Archive
Corporate occupiers focus on sustainability solutions: CoreNet
CoreNet Global's EMEA Summit in September is to focus on how corporate occupiers can creatively, profitably and effectively manage their existing portfolios as Europe continues to tackle the issue of sustained economic recovery.
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PropertyEU Archive
Union Investment launches knowledge portal on sustainable investment
Union Investment has launched a knowledge portal on sustainable real estate investment. The German real estate investment firm says that while green real estate investment has become a major issue for the property industry, sustainability remains a complex subject. The new web portal provides detailed information about green buildings as ...
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PropertyEU Archive
PEPR cuts full-year earnings forecast following H1 decline
ProLogis European Properties (PEPR), one of Europe鈥檚 largest owners of modern distribution facilities, said on Thursday it has lowered its EPRA earnings and distributable cash flow guidance for 2010 to between EUR 0.40 and EUR 0.44 per ordinary unit from between EUR 0.45 and EUR 0.50 due to the slowdown ...
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PropertyEU Archive
Development Securities unveils EUR 119m rights issue
UK property firm Development Securities said on Thursday it had launched a 拢100.2 mln (EUR 119 mln) rights issue to raise proceeds for capitalising on new opportunities in the property development cycle. The placement comes amid a dearth of available bank financing and will enhance the company's investment portfolio where ...
