All PropertyEU Archive articles 鈥� Page 1904
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PropertyEU Archive
Emerging markets catch up in global retail stakes: CBRE
The UK maintained its position as the world's most dominant retail destination in 2009, followed closely by the United Arab Emirates (UAE), according to the latest edition of the How Global is the Business of Retail? report by real estate adviser CB Richard Ellis (CBRE). The UK attracted 58% of ...
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PropertyEU Archive
CBRE Investors makes first purchase for European core fund
CB Richard Ellis Investors has bought a West End office block for 拢32 mln (EUR 37 mln) in the first acquisition for its newly-launched Pan European Core (PEC) fund.
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PropertyEU Archive
C&W sees Russian market turning the corner in H1
Total investment into commercial real estate in Russia rose to $485 mln (EUR 366 mln) in the first quarter, according to research from Cushman & Wakefield. Prime yields moved in due to tight supply and increasing demand by office occupiers.
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PropertyEU Archive
Savills sees investment totalling EUR10-12b in 2010
Real estate adviser Savills is predicting that investment volume in France will total between EUR 10-12 bn in 2010, compared to EUR 7.9 bn in 2009. This is still below the 10-year average of EUR 14 bn. In the first quarter, investment volume doubled to nearly EUR 1.8 bn.
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PropertyEU Archive
Patrizia sells residential block for EUR 42m
Patrizia Immobilien has sold 274 apartments and 275 underground parking spaces by means of a block sale for EUR 42.1 mln. The properties, situated in the immediate outskirts of Munich, were sold to an institutional investor who wishes to remain anonymous.
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PropertyEU Archive
Rockspring appoints two new partners
Rockspring Property Investment Managers has announced that Hugh Elrington, Head of UK transactions, and Flavio Casero, Rockspring PanEuropean Property Limited Partnership Fund Manager, have been promoted to partner and have joined Rockspring鈥檚 Board with immediate effect.
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PropertyEU Archive
Inteco teams up with Spanish architect Bofill
Russian developer Inteco has teamed up with Spanish architect Ricardo Bofill in an ambitious residential project in Moscow. The partnership is aimed at developing affordable housing that meets 'the highest modern comfort and aesthetics requirements'.
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PropertyEU Archive
GCI seeks buyer for Argine shopping mall in Naples
Retail specialist Gallerie Commerciali Italia has mandated CB Richard Ellis to market the newly-developed retail gallery in the Argine shopping complex in Naples, Southern Italy, well-informed market sources told PropertyEU. Gallerie Commerciali Italia is a 51%-49% joint venture of Groupe Auchan's real estate development arm Immochan and US REIT Simon ...
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PropertyEU Archive
Fimit, Dea Capital mull merger to create Italy's largest asset manager
Italian real estate fund manager Fimit is considering merging its operations with Dea Capital's First Atlantic Real Estate asset management arm to create 'a leading European alternative real estate asset manager'.
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PropertyEU Archive
Rezidor signs Baltic JV with Norwegian developer
The Rezidor Hotel Group has announced it has signed a partnership agreement with Norwegian real estate developer Linstow for the management of 10 Reval hotels in the Baltics and in Russia. The joint venture agreement will come into effect from June 2010 and includes three hotels in Riga, two hotels ...
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PropertyEU Archive
Savills, Catella bring Madrid landmark to market
International real estate advisers Savills and Catella have brought No.3 Paseo de Recoletos Street, Madrid to the market on behalf of Grupo Ballester, for a price in the region of EUR 50 mln.
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PropertyEU Archive
Cautious optimism at ICSC European conference
The worst is over, but with the future still far from certain, the shopping centre industry must proceed cautiously if it is to successfully adapt itself and rebuild according to Joerg Banzhaf, Chair of the 2010 European Conference and Managing Director of ECE Projektmanagement in Germany.
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PropertyEU Archive
Dublin industrial market boosts take-up in Q1
The Dublin industrial market saw growth in transactional activity on both a quarterly and annual basis, according to CBRE鈥檚 latest Dublin Industrial Market View. Take-up - both sales and lettings - came to 57,868 m2, the adviser said, with 99% of take-up occurring through lettings.
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PropertyEU Archive
Investment volume doubles in France in Q1
The French commercial investment market saw turnover double in Q1 to nearly EUR 1.8 bn compared to EUR 0.9 bn in the year-earlier period, accordingto the latest research by real estate advisor Savills.
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PropertyEU Archive
Russian market rebounds in Q1: RICS
After a year of malaise, the Russian property market rebounded with positive rents and capital values in the first quarter of 2010, according to the RICS Global Property Survey published today. At the same time, rental declines are easing in UK, France and Germany. However, there is little relief yet ...
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PropertyEU Archive
Weinberg Capital buys 2 clinics for French OPCI
Weinberg Capital has finalised the acquisition of two clinics in France for its newly-created hospitality OPCI vehicle, Capital Pierre Sant茅 Retraite. The properties were acquired for an undisclosed amount from local health care operator Almaviva Sant茅.
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PropertyEU Archive
Warimpex to raise EUR 54m in capital markets
Austrian real estate developer and investor Warimpex has announced the launch of a EUR 54 mln capital increase as it seeks to take advantage of a recovery in the financial markets. The Vienna-listed group said that it will issue around 14.4 million new shares, representing 36.4% of the company capital, ...
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PropertyEU Archive
Ballymore opens Central Europe鈥檚 biggest development
After three years of planning and three and a half years of construction, Ballymore has opened Eurovea, a EUR 450 mln investment in Bratislava and Slovakia鈥檚 largest mixed-use development to date. Completion of the development marks the final stage of the realisation of the new city quarter which is spread ...
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PropertyEU Archive
MRM refinances French properties with German bank
French real estate investor MRM Group said that it has reached an agreement with German regional bank Landesbank Saar (SaarLB) to refinance nearly EUR 94 mln of debt maturing in April 2010. The Euronext-listed company has been granted a new EUR 91 mln five-year credit line backed by a portfolio ...
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PropertyEU Archive
IVG issues first dedicated green fund
IVG, Germany's largest listed real estate company, has issued and fully placed its first specialised real estate fund for sustainable buildings IVG Premium Green Fund. The fund will invest a total of approximately EUR 300 mln in four new or modernizedand sustainable office properties which are being developed by IVG ...
