All PropertyEU Archive articles 鈥� Page 1885
-
PropertyEU Archive
Segro sells EUR 329m of assets to Airport partnership
Segro, a leading provider of flexible business space in Europe, has agreed to sell property assets to the Airport Property Partnership (APP) in the UK for 拢237 mln (EUR 329 mln).
-
PropertyEU Archive
Hemfosa, Sagax buy 50% of DK Properties
Swedish property companies Sagax and Hemfosa have acquired a 50% interest in DK Properties, the owner of a 33-property portfolio in Sweden. The transaction values DK Properties at SEK 3 bn (EUR 316 mln).
-
PropertyEU Archive
FdR reduces Beni Stabili stake to 52%
French property group Fonciere des Regions (FdR) has reduced its holding in its Italian listed unit Beni Stabili to 52% after distributing part of its 2009 dividend in Beni Stabili shares.
-
PropertyEU Archive
Deka set to buy Diagonal 640 from Realia
German open-ended fund manager Deka has entered into exclusive negotiations with Spain's Realia to acquire the flagship Diagonal 640 office building in Barcelona for around EUR 150 mln, according to market sources. The property, which is being marketed by CB Richard Ellis, was put on the market in early 2010 ...
-
PropertyEU Archive
Misapplied leverage can amplify losses: IPD
Leverage almost doubles negative performance in declining markets, according to research published by Investment Property Databank Japan. The research, which will be presented by Professor Shimizu to the IPD Japan's Annual Seminar 2010 at Tokyo's Belle Salle Yaesu, quantifies the difference between direct real estate investment returns and the Net ...
-
PropertyEU Archive
Valad promotes Ben Segelman
Pan-European multi-let investment manager Valad Property Group has appointed Ben Segelman as fund manager, based in its London office. He takes responsibility for the EUR 250 mln European Commercial Real Estate fund, comprising 53 assets across Germany, the Netherlands and the Nordic region.
-
PropertyEU Archive
LaSalle IM sells Paris building to BNP REIM
LaSalle Investment Management has sold the Proxima 2 office building in Montreuil, near Paris to BNP Paribas Real Estate Investment Management. The property was owned by LaSalle French Fund II and was divested for nearly EUR 20 mln.
-
PropertyEU Archive
Knight Frank, Savills boost Spanish teams
Knight Frank has increased its Spanish team with the appointment of Jos茅 Luis Mir贸 as director responsible for the group's business strategy in the country. Mir贸 has over 10 years of experience in the real estate sector, having covered a number of positions in investment management, consultancy and development. Before ...
-
PropertyEU Archive
GOEF geographic spread remains unchanged: BVI
The spread of investments by German open-ended property funds (GOEFs) was virtually unchanged at end-March compared with a year ago, according to a survey of the sector by fund industry body BVI published on Tuesday.
-
PropertyEU Archive
SEB fund acquires City of London office for EUR 134m
SEB Asset Management announced on Monday that it has acquired the Condor House office building in the City of London for its open-ended SEB ImmoPortfolio Target Return fund. The vendor is Evans Randall Group and the total investment costs come to EUR 134.3 mln.
-
PropertyEU Archive
IGD Siiq buys Palermo mall for EUR 54m
Bologna-based retail property group Immobiliare Grande Distribuzione SIIQ (IGD SIIQ) has purchased the Torre Ingastone shopping centre in Palermo, on the Italian island of Sicily, from developer Cogei Costruzioni. The investment will amount to just over EUR 54 mln, excluding taxes.
-
PropertyEU Archive
Salans advises AEW Europe on Polish transaction
International law firm Salans advised the European Property Investors Special Opportunities (EPISO) fund on the purchase of five warehouses in Poland from Panattoni Europe and Standard Life Investments for EUR 91 mln last month. The EPISO fund is co-managed by AEW Europe and Tristan Capital Partners.
-
PropertyEU Archive
Valad makes appointments to European executive
Pan-European multi-let investment manager Valad Property Group has announced two new appointments to its European executive. Michael Bruhn, head of Valad Nordic, and Klaus Kortebein, head of Valad Germany, join CEO Marty McCarthy, COO Christian Bearman, CFO Fraser Kennedy and group head of funds management, David Kirkby on the European ...
-
PropertyEU Archive
MGPA appoints Simon Treacy as CEO
Simon Treacy has been appointed the new CEO of independent private equity real estate investment advisory firm MGPA from 1 September. As planned, Treacy succeeds Jim Quille who has been CEO since the company was founded. Quille will remain with MGPA as chairman of the board of directors and a ...
-
PropertyEU Archive
CBRE appoints McKinnon & Clarke as utilities partner
CB Richard Ellis (CBRE) Energy and Sustainability team has announced an exclusive new partnership with global energy consultancy McKinnon & Clarke (M&C). The agreement will enable CBRE to help purchase cost-effective electricity, gas and water, and offer invoice validation services on behalf of its clients across Europe.
-
PropertyEU Archive
Hammerson takes control of Battery Retail Park
London-listed real estate firm Hammerson has acquired the remaining 75% it did not already own in Battery Retail Park, Birmingham from its partner TIAA-CREF for 拢49.5 mln (EUR 59 mln).
-
PropertyEU Archive
Caisson Investment opens Dutch office
Caisson Investment Management, the independent property investment management group, has opened its first Dutch office in Amsterdam. Vincent Spruijt and Jouke Boomsma have been appointed to head the Netherlands team, which will provide fund and asset management services in the Netherlands and continental Europe.
-
PropertyEU Archive
European retail warehousing to outperform: Henderson
Retail warehousing in Europe is expected to be an outperformer in 2010 versus other core market sectors, according to the latest 'Think' report published by Henderson Property Investors.
-
PropertyEU Archive
EHF urges EU to focus on renovation of existing housing stock
RICS and other members of the European Housing Forum will urge EU Ministers today to focus on the renovation of existing housing stock as a means of raising Europe鈥檚 living standards, creating employment and ensuring quality, decent and affordable homes for all. EU Housing Ministers are due to meet today ...
-
PropertyEU Archive
Carlyle Group secures 11,700 m[sup]2[/sup] letting in Copenhagen
Carlyle Group, the global private equity firm, has let a further 11,700 m[sup]2[/sup] at its Skt. Petri Passage office development in central Copenhagen. The property is now 75% let.
