All PropertyEU Archive articles 鈥� Page 1915
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PropertyEU Archive
NAI apollo brokers 962m[sup]2[/sup] office space to tax consultant
NAI apollo has brokered 962 m[sup]2[/sup] of office space to a tax consultant. The nationwide operating accounting and tax consulting company group HLB Dr. Dienst & Partner with Dr. Dienst, Zerfa脽 & Kollegen is expanding their offices in Frankfurt. Landlord of the property 'Westend Office' in the Friedrich-Ebert-Anlage 36, which ...
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PropertyEU Archive
85% of Quartier 21 sold to private and commercial investors
Quartier 21, the company overseeing the development of the new urban district of the same name in Hamburg, said it has sold five further projects at the site. This means that 85% of the space has now been sold to private and commercial investors.
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PropertyEU Archive
Aberdeen working on 3rd Norwegian fund
Aberdeen Property Investors (API) is seeking to raise at least 鈧�500 mln in equity for its latest dedicated Norwegian fund. The new fund, Aberdeen Property Fund Norway III, will be an unleveraged closed-end vehicle for institutional-grade core real estate investments.
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PropertyEU Archive
F&C REIT set to buy Liffey Valley mall for EUR 350m
F&C REIT has confirmed that it is in talks to acquire the Liffey Valley shopping centre on the western outskirts of Dublin. A spokesperson for F&C REIT told PropertyEU that negotiations are still ongoing with Aviva Investors and Grosvenor to buy the 44,000 m[sup]2[/sup] shopping centre near Dublin. An announcement ...
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PropertyEU Archive
Kungsleden concludes EUR 47m divestment with Corem
Listed Swedish property company Kungsleden said on Wednesday that it has concluded the sale of 22 commercial properties to Swedish-based Corem Property Group for a net price of SEK 460 mln (EUR 47 mln).
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PropertyEU Archive
Leto shopping centre project 70%-let
The Leto Shopping and Entertainment Center project in St Petersburg, Russia, is already more than 70% leased, it was announced recently at a business breakfast in Moscow organized by the project's developers Sistema-Hals and Apsys Group, along with property adviser Jones Lang LaSalle.
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PropertyEU Archive
Diesel to open in Alpenrhein viillage
Diesel is the latest brand to announce they are opening at Alpenrhein Village after signing up for a 317m[sup]2[/sup] outlet due to open in the Alpenrhein retail outlet village in April. It is the latest in a long line of brands queuing up including Victorinox, Lavazza and Envy Sports ...
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PropertyEU Archive
North American heavyweight enters into London development jv
London-listed Great Portland Estates has agreed to sell a 50% interest in The 100 Bishopsgate development project to the Brookfield Properties Corporation for 拢42.97 mln (EUR 48 mln) on completion. The joint venture holds all of GPE's Bishopsgate properties which form the 100 Bishopsgate development site in the heart of ...
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PropertyEU Archive
Christie + Co seeks buyers for London and Bournemouth hotels
Christie + Co has been instructed to find a buyer for a proposed 172-bedroom hotel development in Bournemouth, Dorset. The adviser has also arranged 40 viewings of the Park Inn Hyde Park in London before the first round of offers due in mid-April.
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PropertyEU Archive
Bouwfonds European resi fund makes three investments
Bouwfonds Real Estate Investment Management has announced that its open-ended Bouwfonds European Residential Fund has concluded three new acquisitions. The investments in Hanover, Marburg and Stockholm have a total value of EUR 33.6 mln.
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PropertyEU Archive
UK watchdog underestimates scale of property crisis: Hatfield Philips
The UK's Financial Services Authority has underestimated the scale of the commercial property crisis, Europe's largest independent Primary and Special Servicer has warned.
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PropertyEU Archive
Henderson sells Leeds Retail Park for 6.15% yield
Henderson Global Investors' Retail Warehouse Fund has sold its Junction 27 Retail Park in the UK city of Leeds to the UK Commercial Property Trust for 拢56.63 mln (about EUR 63 mln). The sale to the UK's largest UK commercial property investment trust reflects a net initial yield of ...
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PropertyEU Archive
Nama to acquire EUR 16b of toxic debt at 47% discount
Ireland's National Asset Management Agency (Nama) announced on Tuesday that is applying an average discount of 47% for the purchase of the first batch of toxic property loans from five of the country's lenders.
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PropertyEU Archive
Affine to continue shift towards retail in 2010
French property group Affine will continue to re-balance its office-dominated portfolio with new operations in the retail and retail warehousing sectors this year. Maryse Aulagnon, chairman and CEO of the Affine Group, told PropertyEU in an interview that the decision is part of the company's ongoing efforts to diversify its ...
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PropertyEU Archive
Land Secs signs 4th international brand for expansion into the UK
Land Securities' independent subsidiary Brand Empire has signed its fourth international brand for expansion into the UK market. Leading Israeli cosmetic company Laline will offer soaps, candles, fragrances, oils, bath accessories and gifts, when it opens its first full range store this summer.
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PropertyEU Archive
40 viewings as bid deadline for Park Inn Hyde Park looms
Advisory group Christie + Co has announced that there have been close to 40 viewings for the Park Inn Hyde Park in under a month since the property came onto the market. The 188-bedroom hotel, which is being marketed on behalf of the Gresham Hotel Group, has already generated a ...
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PropertyEU Archive
Deutsche Fonds acquires Auge property for EUR 51m
German fund manager Deutsche Fonds has acquired the Auge office building in the Rhein-Main Technology Center from Hochtief Projektentwicklung for just over EUR 51 mln.
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PropertyEU Archive
Alpha to develop major German logistics centre for T.K. Maxx
Alpha Industrial is to develop a major new distribution and product preparation centre for T.K. Maxx at Bergheim next to Cologne, Germany. Maxx operates a total of 269 stores in the UK, Ireland, Germany, and Poland, and is the German arm of TJX Europe, the leading discount fashion and home-ware ...
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PropertyEU Archive
ING REIM appoints head of asset management in Finland
ING Real Estate Investment Management (ING REIM) Nordics has announced the appointment of Hans Krig as head of Asset Management Finland.
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PropertyEU Archive
Bank of Scotland names Kaufmann as German RE head
Bank of Scotland has appointed G眉nter Kaufmann as the new head of Real Estate Germany with effect from 1 January 2010. The bank said that the appointment of Kaufmann marks another step in the integration of Lloyds Banking Group's European Real Estate operations.
