All PropertyEU Archive articles 鈥� Page 1884
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PropertyEU Archive
Swiss pension fund launches EUR 150m real estate vehicle
Zurich-based Swisscanto has launched a new real estate fund investing in Swiss commercial properties. The pension fund said that it has raised CHF 200 mln (nearly EUR 150 mln) for the investment vehicle, which is aimed at pension institutions, financial intermediaries and insurers.
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PropertyEU Archive
Prologis closes financings for PEPF II totalling EUR 180m
New York-listed Prologis has completed two financings for Prologis European Properties Fund II, expanding on one lending relationship and establishing a new one. These two financings total EUR 180.4 mln, with a blended coupon of 4.99%. The proceeds were used to pay down the fund's line of credit.
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PropertyEU Archive
Dagon sells 2 Scandic hotels for EUR 30m
Swedish listed property development company Dagon has sold two hotel properties located in Karlskrona and Helsingborg, Sweden to hospitality group Tastsinn for SEK 276 mln (roughly EUR 30 mln). The hotel in Karlskrona was completed in March 2010. Both properties are operated by the Scandic hotel chain.
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PropertyEU Archive
GPE buys 35 Portman Square for EUR 63m
Great Portland Estates (GPE) has announced the acquisition of 35 Portman Square, London for 拢53.0 mln (EUR 63 mln) from the shareholders of Portman Square Properties Holdings (PSPH).
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PropertyEU Archive
Hammerson carries out 4th investment deal in June
Hammerson has exchanged conditional contracts for the sale of Exchange Tower in London's Docklands. The transaction is the fourth deal involving the UK and French REIT this month.
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PropertyEU Archive
SandpiperCI sells 5 supermarkets in the Channel Islands
SandpiperCI, a retail operator partially owned by property fund manager Europa Capital and buyout group Duke Street, has announced that contracts have been exchanged for the sale of its five large supermarket developments to retail chain Waitrose. The financial details were not disclosed.
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PropertyEU Archive
Sol Melia opens new hotel in Barcelona
Spanish hotel chain Sol Meli谩 has announced the opening of its fifth hotel in Barcelona with the inauguration of the four-star Tryp Condal Mar hotel.
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PropertyEU Archive
Portugal's Beltico gets green light for Falesia resort project
Portuguese developer Beltico group has received the go-ahead to develop its Falesia D'El Rey five-star golf and resort project in 脫bidos, near Lisbon.
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PropertyEU Archive
Redevco briefs Brussels on green progress in retail development
European retail property company Redevco, a member of The International Council of Shopping Centers (ICSC), briefed the European Commission and the influential Retail Forum in Brussels on 24 June on sustainability initiatives currently being implemented by Redevco and retailer C&A within the European retail development sector.
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PropertyEU Archive
Segro joins foreign REIT exodus from Paris exchange
UK-based Segro has become the latest real estate investment trust (REIT) to drop its dual listing on Euronext Paris as a result of a change in the rules governing the tax transparent system for property firms in France.
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PropertyEU Archive
P3 launches 130,000 m[sup]2[/sup] Romanian project
Arcapita Bank's logistics property arm PointPark Properties (P3) is expanding its activities in Romania with the signing of a joint venture to develop a new 129,000 m[sup]2[/sup] logistics park in Timisoara.
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PropertyEU Archive
Kungsleden in EUR 121m property acquisition
Listed Swedish property company Kungsleden is acquiring four public properties spread over 38 buildings for a total of SEK 1.15 bn (EUR 121 mln). The purchase was carried out through Kungsleden's joint venture with AP3 (the Swedish Third Pension Insurance Fund). The investment volume reflects a property yield of approximately ...
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PropertyEU Archive
Corestate acquires Berlin apartments for EUR 160m
Swiss investment group Corestate has acquired a residential and commercial real estate portfolio which formed part of a CMBS vehicle.
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PropertyEU Archive
Nine European countries among transparency 'improvers': JLL
Nine European countries are among the top 15 markets flagged as improving in terms of transparency, according to Jones Lang LaSalle and LaSalle Investment Management.
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PropertyEU Archive
Hungary's SCD, Wing to invest in Budapest office projects
Hungary's SCD Group said it is investing up to EUR 200 mln in the redevelopment of a hundred-year-old military barracks which would make it Budapest's greenest office complex.
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PropertyEU Archive
Morgenroth named chairman as INREV signals new phase
The European Association for investors in non-listed real estate funds (INREV) has appointed Michael Morgenroth as its new chairman, signalling a new phase for the organisation.
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PropertyEU Archive
Dutch real estate council joins European Property Federation
The Real Estate Council of the Netherlands (ROZ) has re-joined the Brussels-based European Property Federation (EPF), effective immediately. The announcement was made jointly by ROZ chairman Henk Hilverink and EPF president John Frederiksen,.
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PropertyEU Archive
Orizzonte to invest EUR 100m in parking facilities
Italian asset manager Orizzonte is planning to invest up to EUR 100 mln in the development of parking lots in Italy's main urban centres. The investments will be made through an 80/20 partnership of Orizzonte's Sistema Infrastrutture fund and the local property services group RE.
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PropertyEU Archive
Boultbee sells 3 Swedish malls for EUR 150m
UK-based investor Boultbee has said it sold three shopping centres in Sweden to the local property company Diligentia for SEK 1.44 bn (EUR 150 mln) in a 'further sign of improved investor demand'.
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PropertyEU Archive
MGPA acquires Harbour Exchange in London for EUR 160m
MGPA, the private equity real estate investment advisory company, has exchanged contracts for the acquisition of Exchange Tower, Harbour Exchange, in London's Docklands for 拢134.6 mln (EUR 160 mln) from UK REIT Hammerson.
