All PropertyEU Archive articles 鈥� Page 1889
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PropertyEU Archive
Panorama hires Savills to sell two Italian malls
Retail group Panorama has mandated Savills to sell two shopping centres in Pistoia and Alessandria, northern Italy, according to well-informed market sources. The schemes are said to be worth a total of EUR 80 mln.
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PropertyEU Archive
Hines to launch new EUR 150m Italian fund by September
The Italian fund management unit of US real estate developer Hines is hoping to raise around EUR 100 mln of equity from Italian institutional investors for a new fund targeting Class A office schemes and residential complexes in the country's main urban centres, Hines' Italian head Manfredi Catella told PropertyEU ...
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PropertyEU Archive
Unibail-Rodamco sells retail portfolio in Rotterdam for EUR 150m
Unibail-Rodamco has sold a 20,000 m[sup]2[/sup] retail portfolio in Rotterdam to Dutch investor Syntrus Achmea Vastgoed for around EUR 150 mln. The transaction will be effected on 1 July. The portfolio consists of 30 assets located on the Lijnbaan, Korte Lijnbaan, Karel Doormanstraat and Beursplein. The store tenants are mainly ...
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PropertyEU Archive
C&W, JLL hired to sell Il Sole 24 Ore's HQ in Milan
Italian fund manager Torre Sgr has mandated Jones Lang LaSalle and Cushman & Wakefield to sell the headquarters of Il Sole 24 Ore on Via Monterosa in Milan. The complex offers around 50,000 m[sup]2[/sup] of office space and is valued at well over EUR 200 mln.
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PropertyEU Archive
Draco to invest EUR 50m in Skyline project
Italian firm Draco unveiled plans for three new commercial development projects at the Expo Italia Real Estate (EIRE) fair in Milan this week.
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PropertyEU Archive
Klepierre sells off assets worth EUR 73m
French listed retail specialist Kl茅pierre has announced the sale of three retail assets for a total value of EUR 72.8 mln (excluding transfer duties). The figure is higher than the appraised value of the assets on 31 December 2009, the company said in a press release. The names of the ...
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PropertyEU Archive
Dutch government calls for more action on ethics
The Dutch housing ministry plans to consult with a number of leading real estate investors in the Netherlands on a drive to improve the image of the Dutch property sector, director-general Chris Kuipers said during a debate at the Provada real estate fair in Amsterdam this week.
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PropertyEU Archive
Pirelli among bidders for Bank of Italy mandate
A number of well-known parties are rumoured to have submitted bids for the mandate to sell the Bank of Italy's EUR 330 mln worth of assets. Bidders include Pirelli RE, Mediobanca, Intesa Sanpaolo and Ernst & Young, according to sources.
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PropertyEU Archive
London & Regional buy Columbus hotel in Monaco
Property agent Christie + Co has sold the internationally-acclaimed 181-bedroom Columbus hotel in the Principality of Monaco, to London & Regional Group, one of the largest private property companies in Europe, for an undisclosed sum.
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PropertyEU Archive
Provada examines future of Dutch retail
A retail forum was launched on the second day of the Provada Dutch real estate fair this week to examine the future of Dutch retail. A panel of seven Dutch retail specialists, including retailers, developers and investors, discussed a range of topics regarding what lies ahead for the sector. The ...
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PropertyEU Archive
Vacant space manager expands in Germany
Camelot Property Management, a firm that specialises in protecting vacant space, has said it will open two new offices in Germany this year. The new locations will be in Hamburg and D眉sseldorf, CEO Joost van Gestel told PropertyEU at the Provada real estate fair in Amsterdam this week.
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PropertyEU Archive
Savills sees news lenders in UK market
New entrants to the UK property lending market in the past 12 months include Aldermore, Bank of China, BSI, M&G, Royal Bank of Canada, Standard Bank and Unity Bank. That is one of the key findings of Savills' annual Financing Property presentation held this week in the City of London. ...
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PropertyEU Archive
German institutional investors to invest EUR 8.1 bn in funds
German institutional investors could invest up to EUR 8.1 bn into non-listed funds over the next three years, according to INREV's Investor Universe Germany Survey 2010. Overall around EUR 26.2 bn is slated to be invested in real estate as an asset class.
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PropertyEU Archive
IGD to invest EUR 103m in purchase of two Italian malls
Italy's IGD SIIQ is investing a total of EUR 103 mln to acquire two shopping centres in the Sicilian capital of Palermo and in the northern city of Conegliano Veneto, CEO Claudio Albertini told PropertyEU in an interview during the Expo Italia Real Estate Fair in Milan.
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PropertyEU Archive
JLL launches 3rd part of retail 2020 report
Jones Lang LaSalle has issued part three of its Retail 2020 study, Online Gold Rush. Retail 2020, which was launched on 28 May via a bespoke interactive website, examines the rapidly changing global retail landscape over the next 10 years.
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PropertyEU Archive
Expert panel says 'yes' to Amsterdam bid for 2028 Olympics
Amsterdam should pursue a bid for the 2028 Olympic Games as such an event offers a unique opportunity for city rebranding. That was one of the key conclusions of an expert panel of urban development specialists from Barcelona, Turin and London who came together on Wednesday at the ULI/PropertyEU Masterclass ...
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PropertyEU Archive
London & Stamford acquires residential units for EUR 33m
AIM-listed London & Stamford Property has exchanged contracts with Weston Homes for the purchase of the remaining 57 residential units at Bridges Wharf on the Southbank of the River Thames next to Battersea Heliport, London, SW11. The acquisition also includes 57 car parking spaces.
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PropertyEU Archive
UK pension funds seek to increase property exposure: Aberdeen
Over one-third of UK pension schemes who already invest in property have indicated that they are actively looking to increase their exposure, according to a survey conducted by Aberdeen Asset Management.
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PropertyEU Archive
Prologis signs build-to-suit agreements in France and Japan
Prologis, the New York-listed distribution facilities specialist, has signed two build-to-suit agreements in France and Japan, totalling approximately 48,500 m[sup]2[/sup]. These transactions will be second-quarter development starts and represent approximately $60 mln (EUR 50 mln) of total expected investment.
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PropertyEU Archive
OVG and Triodos Bank launch public sector 'green' jv
Rotterdam-based real estate developer OVG and Triodos Bank are launching a joint venture to help 'green' public sector real estate in the Netherlands. The pair are combining their forces in the new firm for the development of sustainable real estate schemes in the education, culture and health sectors.
