All PropertyEU Archive articles 鈥� Page 1877
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PropertyEU Archive
Bouwfonds REIM buys three properties for EUR 49m
Bouwfonds Real Estate Investment Management said on Monday it has acquired three properties for its open-ended European Residential Fund for a total sum of EUR 48.63 mln. The three properties are located in Berlin (Prenzlauer Berg), Hamburg (Harburg) and Stockholm (Nacka, Gubb盲ngen and Vallentuna).
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PropertyEU Archive
Rockspring acquires EUR 88m of property in the UK
London-based property fund manager Rockspring Property Investment Managers said it has acquired four properties for a total sum of 拢74.8 mln (EUR 88.5 mln) in London's Midtown (WC1), Shardlow (Derbyshire), Cardiff and Swindon.
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PropertyEU Archive
CBRE Investors buys industrial asset in first French deal
CB Richard Ellis Investors said its Pan European Core Fund (PEC Fund) has acquired a prime light industrial asset in Paris Nord 2 for EUR 15.2 mln from Sophia GE, an affiliate of GE Real Estate. The deal marks PEC Fund鈥檚 first acquisition in France and second purchase in Europe.
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PropertyEU Archive
Evans Randall signs up European Commission for Brussels tower
UK private equity group Evans Randall has signed a 15-year usufruct agreement for a further 6,500 m[sup]2[/sup] at its Covent Garden prime office development in Brussels with the Executive Agency for Competitiveness and Innovation (EACI), a European Commission agency.
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PropertyEU Archive
Uncertain outlook for Dublin office market: CBRE
The office sector in Dublin witnessed healthy office take-up levels in the second quarter of 2010, but the medium to longer term outlook remains uncertain, according to the Q2 Dublin Office Market View Publication published by property adviser CB Richard Ellis.
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PropertyEU Archive
Internos seeks growth after stabilising GPT platform
Internos Real Investors is poised for further growth after selling down and integrating the GPT Halverton platform bought at end-2009 for the symbolic sum of EUR 2. 'With our new management we are looking at ways of taking the business forward,' co-founder and executive chairman Jos Short told PropertyEU in ...
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PropertyEU Archive
Foreign appetite for prime Central London stock remains voracious
With over 拢2 bn (EUR 2.36 bn) of transactions exchanging in the past three weeks the Central London commercial property market continues to show its resilience and attraction to overseas investors, according to specialist central London investment consultancy Gresham Down Capital Partners.
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PropertyEU Archive
Pirelli RE shareholders approve name change
Shareholders have approved the name change of Pirelli Real Estate to Prelios S.p.A, the company said in a press release. As announced earlier, Pirelli RE is to be separated from the Pirelli & C group by the end of this year. Under the plan, Pirelli group will assign its 58% ...
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PropertyEU Archive
French economics minister to attend MAPIC
Christine Lagarde, the French Minister for the Economy, Industry and Employment, will attend MAPIC as part of the programme focused on France, the guest of honour at the 16th edition of this international market for retail real estate.
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PropertyEU Archive
Sonae Sierra wins Spanish shopping centre award
Portuguese developer Sonae Sierra said its Plaza Mayor shopping centre in Malaga has received an award from the Spanish Shopping Association (AECC) in the Best Expansion category.
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PropertyEU Archive
EPF welcomes EU's new Energy Performance of Buildings Directive
The European Property Federation has welcomed revisions to the EU's Energy Performance of Buildings Directive. 'The first EPBD was a revolution, and this one is too because now the Directive鈥檚 energy efficiency renovation requirements extend to the entire building stock, not just buildings over 1000 m2, and all new build ...
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PropertyEU Archive
Christie + Co markets Campanile hotels in UK
Investment advisory firm Christie + Co is marketing 18 hotels in the UK on behalf of Starwood Capital鈥檚 Louvre Hotels, The portfolio comprises 17 Campanile assets and one Premi猫re Classe-branded property.
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PropertyEU Archive
Retailers need to engage with consumers via new technologies: JLL
The growth of new technologies will create a new imperative for retailers to enter into a dialogue with consumers. That is one of the key conclusions of part five of Jones Lang LaSalle's Retail 2020 study; The End of Silent Retailing.
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PropertyEU Archive
Prologis leases 45,000 m[sup]2[/sup] to Travis Perkins
Prologis European Properties said it has signed a 17-year lease agreement with Travis Perkins, a leading supplier to the UK's building and construction industry, for 490,000 square feet (45,520 m2) of distribution space at Brackmills DC1 in Northampton. The new lease will run from 1 November 2010.
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PropertyEU Archive
Returns of 8-10% feasible but difficult: Henderson
Real estate investment returns of 8-10% are achievable in the risk-averse aftermath of the financial crisis, but investors will need a deep understanding of their markets to be successful, according to Henderson Global Investors.
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PropertyEU Archive
Pramerica forms JV with Mubadala to invest in Abu Dhabi
Pramerica Real Estate Investors and Mubadala Development Company have agreed to form a new joint venture company that will raise capital from investors to invest in real estate projects in Abu Dhabi and other global markets.
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PropertyEU Archive
JLL announces promotions in Warsaw
Jones Lang LaSalle has announced a number of promotions at its Polish office effective from 1 July 2010. Ma鲁gorzata 炉贸鲁towska, Head of Valuations CEE has been promoted to Regional Director. Ma鲁gorzata has over 16 years experience in the Central & Eastern European real estate markets. Since joining Jones Lang LaSalle ...
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PropertyEU Archive
German funds drive investment surge in CEE: CBRE
Central and Eastern European (CEE) commercial real estate investment turnover reached EUR 1.7 bn in the first half of 2010, a 190% increase compared to activity levels recorded in H1 2009, according to the latest data from CB Richard Ellis (CBRE). On a quarterly basis, investment activity in the ...
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PropertyEU Archive
DTZ sees sharp increase in industrial take-up in Czech Republic
Property adviser DTZ has recorded a sharp increase in Q2 2010 leasing activity in the industrial market in the Czech Republic, with 221,600 m[sup]2[/sup] being transacted, the highest level in the past two years. This represents a 41% increase on the quarter and a 147% improvement compared to the same ...
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PropertyEU Archive
Skanska to develop Swedish security service HQ
Skanska is to sell the land and development project for the Swedish security service's new head office in Solna. The buyer is state-owned Specialfastigheter Sverige, which owns and manages buildings for special purposes like correctional facilities, police stations and reformatories.
