All PropertyEU Archive articles 鈥� Page 1920
-
PropertyEU Archive
Savills cautious on 2010 after loss-making year in Europe
London-based real estate adviser Savills said losses at its Continental European operations widened to 拢9.6 mln (EUR 10.6 mln) in 2009 from 拢7.8 mln in 2008 as the European business was hit by the decline in investment transaction advisory work and restructuring measures. The loss came after a 17% decline ...
-
PropertyEU Archive
'Unibail-Rodamco sells Capital 8 to Allianz for EUR 260m'
Franco-Dutch property group Unibail-Rodamco has signed a preliminary agreement with Allianz to sell the Capital 8 office complex at Avenue de Messine in Paris for EUR 260 mln, according to sources close to the deal. The property is fully let to Rothschild and Aforge Finances for around EUR 800 per ...
-
PropertyEU Archive
Cash-rich P3 wins development contract at Mipim
PointPark Properties (P3) has been awarded a contract to develop a 20,000 m[sup]2[/sup] shed facility in Central Europe for a firm active in the car-making industry after the initial developer approached was unable to raise the requisite financing.
-
PropertyEU Archive
CBRE, King Sturge act in EUR 330m German industrial deal
CB Richard Ellis (CBRE) has said it advised BGP on the conditional sale of the EUR 330 mln HBI German industrial property portfolio, which was a former joint venture between Australian fund managers GPT and Babcock & Brown. King Sturge advised the purchaser Hansteen Holdings.
-
PropertyEU Archive
Dutch cities weigh legal action on Mipim stand rules
The cities of Amsterdam, Rotterdam, The Hague and Utrecht are considering taking Mipim organiser Reed Midem to court over its rules about where non-standholders can do business at the fair.
-
PropertyEU Archive
SEB chief warns against over-optimism on economic recovery
Investors should diversify their investments as much as possible this year in a bid to reduce risk, despite the scent of economic recovery, SEB Asset Management's Chief Executive Barbara Knoflach warned during a conference at Mipim on Wednesday. 'For real estate an overall economic recovery is good but a couple ...
-
PropertyEU Archive
AXA REIM to launch three pan-European funds
AXA Real Estate Investment Managers has unveiled plans to launch three new pan-European investment vehicles in an attempt to take advantage of investors' renewed appetite for real estate. The asset manager is raising equity for two opportunistic funds, DV III and Real Estate Alpha Plus, while in the second part ...
-
PropertyEU Archive
BNP Paribas Real Estate expands global reach
BNP Paribas Real Estate said it has further expanded its global coverage with alliances in Poland, Switzerland and the US, boosting the number of countries in which it is active to 30.
-
PropertyEU Archive
Orco boss lashes out at red tape in CEE
Red tape is frustrating new development in Central and Eastern Europe (CEE), according to Jean-Francois Ott, CEO of troubled CEE developer Orco Property Group. 'There's an anti-development climate in many cities. But the cities need developers. The construction industry will fall away without developers,' Ott told PropertyEU in an interview ...
-
PropertyEU Archive
CBRE targets growth from corporate services in Europe
Consultancy and management services for corporate end-users will be one of the fastest-growing activities for CB Richard Ellis in Europe in the coming years, Michael Strong, president EMEA at CBRE, told PropertyEU in an interview at Mipim.
-
PropertyEU Archive
Lack of prime shopping centre space to spur development: JLL
Strong retailer demand for prime shopping centres in top locations, particularly in Germany and Italy, could serve as a catalyst to drive the development pipeline across Europe, according to new research released by Jones Lang LaSalle at Mipim in Cannes. The tightening of the supply pipeline during 2009 in the ...
-
PropertyEU Archive
Resolution set to finalise string of European deals
UK-based opportunity fund investor Resolution Property is poised to finalise a string of EUR 50 mln-plus retail real estate transactions across Europe.
-
PropertyEU Archive
Swedish investment volumes up 55% in Q1: Savills
Transaction volumes in the Swedish real estate investment market amounted to SEK 14 bn (EUR 1.4 bn) in the first quarter of 2010, up more than 55% on the figure recorded for the year-earlier period, according to real estate adviser Savills. The firm expects this trend to continue throughout the ...
-
PropertyEU Archive
UK institutions to increase allocation to non-listed property by 20%
UK institutions are set to increase their allocation to non-listed real estate by 20% over the next three years to 拢29 bn (EUR 32 bn), according to a new report released at Mipim on Wednesday by European non-listed fund body Inrev. The main source of this growth will be an ...
-
PropertyEU Archive
European office markets set for recovery in 2010: BNP Paribas
The year 2010 will be one of recovery for Europe's office markets as demand for prime assets increases and rents stabilise, according to research by global property adviser BNP Paribas Real Estate. The firm bases its findings on take-up, rental growth and investment data across 34 key European cities.
-
PropertyEU Archive
European investors stay close to home in 2010: CBRE
Most European real estate investors will target their domestic markets in 2010, although interest in Asia and the US will remain strong, according to the results of a new survey by CB Richard Ellis (CBRE) which was presented on Wednesday at Mipim in Cannes. In the survey of over ...
-
PropertyEU Archive
French green properties set to increase 61% in 2010: Savills
Completions of French office properties certified according to the environmental standard HQE (Haute Qualit茅 Environnementale) will increase by 61% in 2010, representing some 650,000 m2, real estate adviser Savills announced at the Mipim fair in Cannes. This compares to a rise of 27% in 2008 and 44% in 2009.
-
PropertyEU Archive
SLI's European fund set to raise EUR 250m of new equity
Standard Life Investments has is re-opening its European Property Growth Fund for investment on the wake of renewed appetite from institutional investors. James Rushworth, fund manager of EPGF, tells PropertyEU in an interview during the Mipim property fair in Cannes that Standard Life is planning the fourth fundraising for the ...
-
PropertyEU Archive
SLI's European fund set to raise EUR 250m of new equity
Standard Life Investments has is re-opening its European Property Growth Fund for investment on the wake of renewed appetite from institutional investors. James Rushworth, fund manager of EPGF, tells PropertyEU in an interview during the Mipim property fair in Cannes that Standard Life is planning the fourth fundraising for the ...
-
PropertyEU Archive
Allianz, Corio buy Porta di Roma mall for EUR 400m
A joint venture of Allianz and Corio signed a preliminary agreement this week to acquire the Porta di Roma shopping centre, according to sources close to the negotiations. The transaction, which was signed on Monday, amounts to around EUR 400 mln, sources say. Corio declined to comment.
