All PropertyEU Archive articles 鈥� Page 1894
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PropertyEU Archive
Allianz RE seals purchase of Le Colisee in Paris
German investor Allianz Real Estate has completed the acquisition of 100% of the Le Colis茅e office building in the Paris business district of La D茅fense from Icade's Compagnie La Lucette.
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PropertyEU Archive
ECE and Alpha join forces on logistics project
ECE Projektmanagement and Alpha Industrial are constructing a new logistics center for the company Cebal Verpackungen in Sche脽litz near Bamberg, Germany. Internationally active logistics provider K眉hne + Nagel will operate the centre.
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PropertyEU Archive
Santander postpones sale of Banif assets
Spain's Banco Santander has postponed the sale of the real estate assets held by its EUR 2.6 bn Banif property fund due to lack of investor demand.
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PropertyEU Archive
BXR takes control of German resi portfolio
Netherlands-based BXR Real Estate Investment has completed one of the largest residential portfolio transactions in Germany so far this year by acquiring a 59% stake in the listed Danish Tower Group.
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PropertyEU Archive
Shell Netherlands to centralise offices
Shell Netherlands is in advanced talks to centralise a number of its offices in one location of up to 20,000 m[sup]2[/sup] in the Weena area of Rotterdam, PropertyNL, the sister publication of PropertyEU, has reported.
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PropertyEU Archive
Sveafastigheter sells Swedish hotel and convention centre
Swedish private equity real estate firm Sveafastigheter has sold a hotel and convention centre in the city centre of V盲xj枚, Sweden. The buyer is the AXA REIM-managed EUR 500 mln Alternative Property Income Venture (APIV) fund. The transaction price amounts to SEK 139 mln (nearly EUR 15 mln).
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PropertyEU Archive
Pirelli RE to change its name to Prelios
The board of Pirelli & C. Real Estate propose changing the company's name to Prelios. The name change will be put forward to the next shareholders' meeting and will take effect following the finalisation of the separation of Pirelli RE from the Pirelli & C group.
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PropertyEU Archive
Skanska sees green potential in Czech market
Swedish construction and development firm Skanska sees a promising future for more green buildings in the Czech market, in particular in Prague and Ostrava, Britta Cesar, managing director Skanska Property Czech Republic, told PropertyEU in an interview.
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PropertyEU Archive
Doughty Hanson, Multi set to develop Valdebebas site
A joint venture of UK investor Doughty Hanson, Dutch retail developer Multi and Proactive Asset Management has signed a preliminary agreement with the city of Madrid to carry out the development of the large-scale Valdebebas site in the northern part of the Spanish capital.
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PropertyEU Archive
Unsettled skies for global real estate markets: JLL
'Unsettled skies' loom over global real estate markets, according to Jones Lang LaSalle's latest Global Market Perspective. In January, the adviser forecast a 'cool recovery' ahead.
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PropertyEU Archive
Karstadt sale delayed until 9 June
The sale of insolvent German department store chain Karstadt has been delayed until 9 June with three bids on the table. Administrator Klaus Hubert Goerg said in a statement that the bidders include the Highstreet consortium - which owns the majority of Karstadt鈥檚 stores, German-Swedish financial investor Triton and private ...
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PropertyEU Archive
Warburg-Henderson buys Durham industrial estate for EUR 19m
Warburg-Henderson has acquired the freehold interest in a newly developed distribution warehouse at Drum Industrial Estate, County Durham in the UK. The purchase from Gladman Developments was carried out on behalf of Warburg-Henderson's European Core Property 1 Fund. The investment volume of 拢16.25 mln (almost EUR 19 mln) ...
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PropertyEU Archive
Real estate sector to miss 2020 sustainability target: RICS
One in five surveyors globally believe that 90% of the commercial real estate stock will still fall short of meeting good sustainable standards by 2020 without a rethink of green incentives, according to the RICS survey of commercial property agents due to be released on Friday.
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PropertyEU Archive
Austrian firm gets green light for EUR 250m Zagreb mall
Austrian real estate developer m[sup]2[/sup] Immobilien has received a building permit for the construction of the Supernova Zagreb shopping centre in Buzin, just outside the Croatian capital.
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PropertyEU Archive
MSREF raises EUR 3.8b for global opportunity fund
Morgan Stanley Real Estate has reportedly raised EUR 4.7 bn (EUR 3.8 bn) from investors for its new opportunity fund MSREF VII Global. The fund will focus on the US, Japan and Western Europe.
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PropertyEU Archive
Amstar, Renaissance celebrate opening of EUR 30m Istanbul mall
US real estate investor Amstar and Turkey's Renaissance Development said that their Kozzy shopping centre has opened its doors in the Kadikoy district of Istanbul. The project, which is owned on a 50/50 basis by Amstar and Renaissance, is the joint venture's first in Turkey and represents an investment of ...
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PropertyEU Archive
LGP acquires Guildford business park for EUR 65m
Legal & General Property has exchanged contracts to purchase Guildford Business Park from the Crown Estate for 拢55.215 mln (EUR 65 mln). This is the second acquisition for the 拢1 bn UK Property Income Fund.
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PropertyEU Archive
Norway's Storm RE in capital hike to fund acquisitions
Norwegian investor Storm Real Estate is hoping to raise up to NOK 506 mln (EUR 65 mln) in a capital increase to be launched on Oslo's stock exchange next month. The fund, which is managed by Storm Capital Management, said in a statement that it has applied for the listing ...
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PropertyEU Archive
Germany's Lindner enters Albania with mixed-use project
Germany's Lindner Development is set to enter the Albanian market to take advantage of the forecast increase in international occupiers' demand in view of the country's potential EU accession. The Munich-based developer has hired Colliers International to provide exclusive leasing services and legal counselling on a new EUR 60 mln ...
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PropertyEU Archive
MAB and Neinver get green light for Village des Alpes
Netherlands-based MAB Development has announced that its joint venture with Spanish outlet developer Neinver has been granted the retail permit for the Village des Alpes outlet project in France.
