All PropertyEU Archive articles – Page 1913

  • PropertyEU Archive

    ULI announces 14 finalists for 2010 Awards

    2010-04-07T00:00:00Z

    Fourteen developments have been selected as finalists in the Urban Land Institute's (ULI) Awards for Excellence: Europe, Middle East, and Africa (EMEA) competition, widely recognized as the land use industry’s most prestigious recognition programme.

  • PropertyEU Archive

    ICSC launches 2010 European remuneration survey

    2010-04-07T00:00:00Z

    The International Council of Shopping Centers (ICSC) is launching a European Retail Real Estate Remuneration Survey, to deliver the first-ever shopping centre industry-specific comparative benchmarking source.

  • PropertyEU Archive

    Sveafastigheter raises EUR 90m for third Nordic fund

    2010-04-07T00:00:00Z

    Swedish private equity real estate firm Sveafastigheter said it has raised around EUR 90 mln of equity in the first closing of its third Nordic property investment fund. The funds were collected from Swedish institutional investors, high network individuals and the company management, it added.

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    Hines' Postquartier awarded LEED Gold pre-cert

    2010-04-07T00:00:00Z

    The Stuttgart office of Hines announced that Postquartier has earned Gold pre-certification under the US Green Building Council's LEED for Core & Shell Rating System. Postquartier is positioned to be the first LEED certified property in Stuttgart and the first LEED certified redevelopment project in all of Germany.

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    Diligentia hires Skanska to renovate Väla Centrum in Sweden

    2010-04-07T00:00:00Z

    Diligentia, one of Sweden's largest real estate companies, has contracted construction giant Skanska to extend its Väla Centrum shopping centre outside the Swedish city of Helsingborg. The contract amounts to SEK 330 mln (EUR 34 mln).

  • PropertyEU Archive

    New CEO takes over at Sonae Sierra

    2010-04-07T00:00:00Z

    Shopping centre specialist Sonae Sierra has announced that Fernando Guedes de Oliveira took over as CEO at the beginning of April following the departure of �lvaro Portela.

  • PropertyEU Archive

    Pointpark signs deal with Logflex

    2010-04-07T00:00:00Z

    PointPark Properties (P3), has signed an agreement with transport company Logflex for a lease of 3000 m[sup]2[/sup] of warehouse and office space at PointPark Prague D1.

  • PropertyEU Archive

    IVG sells London building to Aviva Investors at 5.1% yield

    2010-04-06T00:00:00Z

    Listed German real estate firm IVG Immobilien has sold the long leasehold interest in 111 Strand, London to UK-based asset manager Aviva Investors. The investment volume of £35 mln (just under EUR 40 mln) reflects a net initial yield of 5.1%.

  • PropertyEU Archive

    L&G targets EUR 1b UK fund at European investors

    2010-04-06T00:00:00Z

    Legal & General Property has raised £175 mln (almost EUR 200 mln) from European institutions in the first close of its UK Property Income Fund. The £1 bn (EUR 1.1 bn) fund is aimed at European investors seeking to take advantage of opportunities in the UK real estate market.

  • PropertyEU Archive

    German funds see EUR 1b inflows in February

    2010-04-06T00:00:00Z

    Germany's 45 open-ended property funds raised EUR 1 bn in new equity in February, bringing total fund capital to EUR 89.4 bn, according to the latest figures from German fund industry body BVI. This compares with a total of EUR 88.3 bn at end-January and EUR 85.4 bn a year ...

  • PropertyEU Archive

    Banimmo acquires retail complex in Rouen at 7% yield

    2010-04-06T00:00:00Z

    Brussels and Paris-listed Banimmo has signed a new sales agreement for the acquisition of a retail complex in the French city of Rouen for EUR 12 mln, reflecting a yield of 7%.

  • PropertyEU Archive

    Hines acquires Domkaskaden in Hamburg

    2010-04-06T00:00:00Z

    The Hines Pan-European Core Fund (HECF) has acquired Domkaskaden, its first asset in Hamburg, from German developer Quantum Immobilien. The financial details of the deal were not disclosed.

  • PropertyEU Archive

    AEW Europe sells two retail units in Amersfoort

    2010-04-06T00:00:00Z

    European Property Investors, a fund managed by AEW Europe, has sold two retail warehouses in Amersfoort to a private investor. The asset located at Amsterdamseweg 45-47 has a total area of around 6,200 m[sup]2[/sup] and 55 parking places and is let to Monkey Town, Golftime, Kwantum Nederland and Roobol Woontextiel.

  • PropertyEU Archive

    Assos Capital on the verge of new deals in Southeastern Europe

    2010-04-06T00:00:00Z

    Assos Capital, the private equity real estate investor focused on Southeastern Europe, is looking at a number of new projects in the region after opening Bulgaria's largest shopping centre in Sofia this month. 'We've got a couple of projects in the pipeline although we have not pulled the trigger yet ...

  • PropertyEU Archive

    Delfin, Batipart dissolve shareholder pact in France's FdR

    2010-04-06T00:00:00Z

    Batipart and Delfin, the two major investors in Fonciere des Regions (FdR) with 36% of the shares, have agreed to terminate a shareholder accord which gave them control of the French office REIT. In a statement, the two companies gave no explanation for their decision but said that they both ...

  • PropertyEU Archive

    Tenant demand likely to stimulate office development in London: C&W

    2010-04-06T00:00:00Z

    London's key office markets of the West End, City and Docklands have returned to significant growth in the first three months of 2010 as companies have moved quickly to take advantage of relatively low rents and the gradually dwindling supply of best quality space.

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    Grainger acquires residential portfolio for EUR 17m

    2010-04-05T00:00:00Z

    Grainger, the UK's largest specialist quoted residential property company, announced last week that it has acquired PHA for a total of £15.3 mln (EUR 17.2 mln).

  • PropertyEU Archive

    IPD Italy books 2.5% return in 2009

    2010-04-05T00:00:00Z

    Italian commercial property delivered a 1.5% total return over the second half of last year, which contributed to an annual 2.5% return, according to the IPD Italian Bi-Annual Property Index. The second half of the year represents a 40 basis points improvement over the first six months.

  • PropertyEU Archive

    GPR 250 Europe gains 7.3%

    2010-04-05T00:00:00Z

    The GPR 250 Europe index booked a gain of 7.3% in March led by Poland with an increase of 21.6% and Turkey, up 17.2%. All countries booked an increase over the month with the exception of Greece which reported a negative return of 8.6%.

  • PropertyEU Archive

    O Twelve sells industrial estate at 37% above valuation

    2010-04-05T00:00:00Z

    O Twelve Estates has announced the sale of an industrial estate in Swanley, Kent to an institutional investor for £24.4 mln (EUR 27 mln), reflecting a 6.8% yield.