All PropertyEU Archive articles 鈥� Page 1924
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PropertyEU Archive
GTC, Polnord join forces to develop EUR 250m mall
CEE commercial property developer GTC and Warsaw-listed Polnord are partnering to develop a modern shopping centre on a seven-hectare site in the Miasteczko Wilan贸w district of Warsaw, currently owned by Polnord. The planned project will feature 60,000 m[sup]2[/sup] of retail area and will require an investment of around EUR 250 ...
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PropertyEU Archive
SEB fund acquires Trinity Park III in Warsaw for EUR 93m
SEB Asset Management has acquired the Trinity Park III office building in Warsaw on behalf of its real estate mutual fund SEB ImmoPortfolio Target Return Fund for EUR 93 mln. The seller of the top-class office building was the international property developer Ghelamco.
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PropertyEU Archive
Land Securities unveils key appointments to London team
Land Securities has announced a number of key appointments to its London Portfolio management team. Scott Parsons has been appointed to the new post of Property Director with responsibility for Investment Management, Asset Management and Property Management. He joins the London Portfolio Executive Committee and will report to Robert Noel, ...
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PropertyEU Archive
Cordea Savills appoints assistant portfolio manager at Charities Fund
Property fund manager Cordea Savills has appointed Helen Soult as Assistant Portfolio Manager for the Charities Property Fund. Focusing on asset management, she will report to Harry de Ferry Foster, Director of Investment at Cordea Savills.
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PropertyEU Archive
Arabella teams up with Starwood to build Zurich tower
Munich-based property group Arabella Hospitality is strengthening its presence in Switzerland with the development of a new hotel complex in partnership with Starwood Hotels & Resorts. Located in Zurich, the new project will be part of Arabella's 80-metre high Hard Turm Park tower project and will be delivered in the ...
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PropertyEU Archive
Hansteen backs off from bid for Kenmore European Industrial Fund
London-listed real estate firm Hansteen has announced that it is no longer considering making an offer for Kenmore European Industrial Fund (KEIF).
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PropertyEU Archive
Beni Stabili sets up high-street retail JV
Milan-listed office-focused firm Beni Stabili has signed an agreement with Italy's Real Estate Services for the creation of a new joint venture, Beni Stabili Retail. The new entity will be majority-held by Beni Stabili (55%), and 45% owned by RES, an Italian real estate company specialised in the retail sector ...
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PropertyEU Archive
UK prime yields fall as market continues to stabilise: C&W
Prime yields fell 9 bp in February as the UK commercial property market continued to stabilise after a period of rapid re-pricing in the fourth quarter of 2009, according to Cushman & Wakefield鈥檚 latest business briefing.
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PropertyEU Archive
Poland joins core European real estate markets
Warsaw's rise in ULI/PwC鈥檚 2010 ranking of European cities which offer the best investment prospects has placed it in a league of its own within Central and Eastern Europe.
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PropertyEU Archive
New firm to target distressed real estate exposure in Europe
Two former directors at JER Partners have established Resolute, a new firm to offer specialist asset management and consultancy services focussed on distressed debt and equity positions underpinned by real estate portfolios in European and former CIS countries.
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PropertyEU Archive
LSR Group set to launch new projects in Russia
Russian listed property developer LSR Group has unveiled plans to launch new development projects in a bid to take advantage of a forecast 'construction sector recovery' in the country.
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PropertyEU Archive
PropertyEU Live from Mipim
PropertyEU will be reporting Live from Mipim this week with our team of reporters on the ground at Cannes. Our line-up of dealmakers includes Frank P枚rschke of Eurohypo, Struan Robertson of Morgan Stanley and Richard Backlund from Aberdeen Property Investors.
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PropertyEU Archive
P3 set to invest EUR 100m in Bratislava logistics park
PointPark Properties (P3) plans to invest around EUR 100 mln in the expansion of its PointPark Bratislava logistics park in the Slovak capital. The European logistics asset manager and developer has acquired a further 41 ha of land next to the park in a bid to extend the facility by ...
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PropertyEU Archive
Norway's SWF to invest EUR 16b in real estate
Norway's Ministry of Finance has unveiled new rules allowing the country's sovereign wealth fund to invest up to NOK 130 bn (EUR 16 bn) across the world's property markets. According to the new guidelines, the Norwegian pension fund will allocate 5% of its investment portfolio to real estate, with a ...
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PropertyEU Archive
F&C REIT portfolios outperform IPD index in 2009
F&C REIT Asset Management, the property asset management group created in September 2008 from the combination of F&C Asset Management's property business and REIT Asset Management, said its property portfolios turned in a strong performance in 2009, the company's first full year of operation.
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PropertyEU Archive
Major retail deals propel February investment volume to EUR 5b
Three major retail property deals helped lift total European real estate transaction volume to EUR 5 bn in February, a 36% increase compared with January, according to data compiled by PropertyEU. The investment volume for the month was also up 25% on the figure for February last year. The three ...
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PropertyEU Archive
Norwegian Property raises EUR 68m from private placement
Norwegian Property said it successfully completed a private placement of 45,326,000 shares with professional Norwegian and international investors after the close of the Oslo Stock Exchange on 10 March 2010. Gross proceeds from the placement amount to NOK 543.9 mln (EUR 67.7 mln).
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PropertyEU Archive
Cinema City sells two malls in Bulgaria for EUR 85m
CEE multiplex cinema operator Cinema City International (CCI) has agreed the sale of its Bulgarian real estate business to Israeli investor Israel Theatres for around EUR 85 mln. In a statement on Wednesday, the company said that the portfolio includes the Mall of Ruse which is expected to open later ...
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PropertyEU Archive
UK shop vacancies rise again in post-Christmas lull
Over 10% of shops on the UK's high streets are now vacant or available to lease, according to the latest Retail Availability survey from real estate adviser Cushman & Wakefield.
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PropertyEU Archive
SEB buys office development in Paris
SEB Asset Management has signed a preliminary contract to acquire 'Claude Bernard A2', a high-quality new office building in Paris still under construction, from BNP Paribas Real Estate Property Development. The property will be added to SEB's ImmoInvest open-ended real estate fund. The parties agreed not to disclose the ...
