All PropertyEU Archive articles 鈥� Page 1880
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PropertyEU Archive
Investors pump EUR 4.4b into UK retail property: CBRE
Investment in UK retail real estate reached 拢3.7 bn (EUR 4.4 bn) in the first six months of 2010, a 15% increase on the same period last year, according to the latest data from CB Richard Ellis (CBRE) and Property Data.
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PropertyEU Archive
AEW Europe Euroffice fund buys complex in Frankfurt
AEW Europe's EUR 350 mln European core office fund, Euroffice, has purchased an office complex, MainPark am Kaiserlei in Offenbach, close to Frankfurt in Germany, from the Bayerische Bau und Immobilien Gruppe. Financial details were not disclosed.
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PropertyEU Archive
Aviva Investors takes over management of Henderson fund
Henderson Global Investors has announced that Aviva Investors will become the investment manager and Authorised Corporate Director (ACD) of the Henderson International Property Fund with effect from 2 August 2010.
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PropertyEU Archive
Europa Capital buys Brussels office development
Europa Capital, the fund manager of Europa Fund III, has acquired the Realex site on Rue de la Loi/Wetstraat in Brussels from Dexia Insurance Belgium for an undisclosed sum.
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PropertyEU Archive
Neville Moss joins CBRE as head of EMEA retail research
CB Richard Ellis (CBRE) has appointed Neville Moss as Head of Retail Research for the Europe, Middle East and Africa (EMEA) region.
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PropertyEU Archive
FdR reopens refurbished tower in La Defense
French property group Fonciere des Regions (FdR) is due to open its recently renovated CB 21 tower in La Defense business district in Paris today. The costs of the refurbishment, which took 18 months to complete, are put at EUR 130 mln.
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PropertyEU Archive
ING RED sells Dutch shopping centre for EUR 20m
ING Real Estate Development (ING RED) is selling a shopping centre in the Dutch city of Enschede to Velocity European Properties for about EUR 20 mln.
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PropertyEU Archive
New Henderson fund targets Austria
Henderson Global Investors, on behalf of its German business Warburg-Henderson, has begun marketing its special property fund, Warburg-Henderson 脰sterreich Fonds Nr. 2. The fund is aimed at institutional investors in Germany, Austria and Switzerland and will invest in office and commercial property in Austria.
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PropertyEU Archive
Occupiers clamber for best West End office space: C&W
Quality office space in London鈥檚 West End will become increasingly difficult to find with occupiers rushing to secure the best properties now, according to global property adviser Cushman & Wakefield.
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PropertyEU Archive
Corio scraps bond issue due to unfavourable market sentiment
Listed Dutch investor Corio said on Tuesday it will not proceed with a planned Eurobond issue due to the current unfavourable market climate. The issue was aimed at generating proceeds for 'general corporate purposes', a spokeswoman for the company said.
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PropertyEU Archive
Swedish and Danish office rents bottom out: DG Hyp
The decline in office and retail rents in Sweden and Denmark has bottomed out, marking an end to the downward trend seen over the past few years, according to a report on the Nordic markets by German bank DG Hyp. Finland is the exception, with rents there predicted to fall ...
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PropertyEU Archive
Prime office rents in London set to rise: C&W
Quality office space in London's West End will become increasingly difficult to find with occupiers rushing to secure the best properties now, according to global property adviser Cushman & Wakefield.
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PropertyEU Archive
JLL sees multi-speed recovery in Europe
Europe faces two principal macro challenges for the remainder of the year and into 2011: the ongoing concerns over government debt and the removal of economic stimulus. Both factors have a direct impact on the region鈥檚 economy and consequently on corporate occupational demand, but also influence property through the cost ...
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PropertyEU Archive
Unibail-Rodamco sells Dutch assets for EUR 156m
Unibail-Rodamco has sold three retail assets in the Netherlands for about EUR 156 mln. The buyer was Altera Vastgoed, a private real estate investment company based in the Netherlands. Altera announced on Monday that the main asset is the 17,000-m[sup]2[/sup] Sint Jorisplein shopping centre and its 460-space parking garage in ...
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PropertyEU Archive
Bauwert acquires plot in Berlin for EUR 85m residential scheme
German developer Bauwert Investment Group announced on Monday that it has acquired a property in downtown Berlin from the Liegenschaftsfonds Berlin property fund for a EUR 85 mln apartment project. The transaction volume for the site at W眉rttembergische Stra脽e 40-49 was not disclosed.
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PropertyEU Archive
Invista acquires Edinburgh Academy Boarding Houses from administrators
Invista Real Estate Opportunity Fund has purchased what it describes as one of the most high profile, prime development sites in Edinburgh from administrators PWC. The investment volume for the acquisition of the Edinburgh Academy Boarding Houses, was not dislosed. Scottish Land Holdings advised Invista in the deal.
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PropertyEU Archive
AFI Development obtains premium listing on LSE
Shares in AFI Development, a real estate company focused on developing property in Russia and the CIS, have begun trading on the main market of the London Stock Exchange.
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PropertyEU Archive
BNP Paribas Real Estate expands client solutions team
BNP Paribas Real Estate has expanded its international Client Solutions team to 25 people across five countries: France Germany, UK, Italy and Spain. The global real estate adviser has also announced the expansion of the team into Belgium.
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PropertyEU Archive
Peter Hobbs joins IPD to develop business
Investment Property Databank (IPD) announced on Monday that Peter Hobbs is joining the research and index company as senior director and head of business development from the beginning of September. He joins from RREEF, the real estate investment management business of Deutsche Asset Management.
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PropertyEU Archive
NSI acquires retail passage from Unilever pension fund
Amsterdam-listed real estate firm Nieuwe Steen Investments (NSI) has acquired the Sterpassage, part of shopping centre 'In de Bogaard' near The Hague from the 'Progress' pension fund for EUR 38.7 mln. The gross contractual rent for Sterpassage comes to EUR 3 mln, reflecting a higher yeild than NSI's target of ...
