All PropertyEU Archive articles – Page 1926

  • PropertyEU Archive

    Verena Brueller joins JLL to head German desk

    2010-03-09T00:00:00Z

    Jones Lang LaSalle announced on Monday that it has appointed Verena Brueller to lead its London-based German desk. Brueller joins from Commerz Real where she was responsible for UK and Ireland acquisitions.

  • PropertyEU Archive

    King Sturge joins Polish Council of Shopping Centres

    2010-03-09T00:00:00Z

    King Sturge's Warsaw office has joined the Polish Council of Shopping Centres (PRCH), a move the property adviser says will enable it to become even more involved in the country's retail property sector and open the door to valuable new relationships.

  • PropertyEU Archive

    C&W receives industrial mandates in Spain, Portugal

    2010-03-09T00:00:00Z

    Cushman & Wakefield (C&W) and MAF Inmuebles have been appointed to lease or sell the industrial portfolio of Spain's real estate group Anfora in the south of the country. The portfolio consists of two assets in Polinyà and Llinars del Vallès near Barcelona with a total surface of 65,000 m[sup]2[/sup] ...

  • PropertyEU Archive

    Global property markets on the up: C&W

    2010-03-09T00:00:00Z

    Global investment volumes are forecast to rise 30% this year, hitting EUR 362 bn, led by a reviving US market, according to Cushman & Wakefield’s 2010 Global Investment Atlas which monitors investment flows in commercial property in 56 countries,

  • PropertyEU Archive

    German open-ended funds see strong rise in January inflows

    2010-03-09T00:00:00Z

    Germany's open-ended property funds witnessed net average capital inflows of EUR 1.7 bn in January, nearly three times the figure for December 2009 and a sharp increase on the EUR 789 mln recorded in January 2009, according to new figures from industry body BVI.

  • PropertyEU Archive

    Aviva completes acquisition of Preston mall for EUR 100m

    2010-03-08T00:00:00Z

    Aviva Investors Property Trust (APIT) has acquired the St Georges Shopping Centre in the UK city of Preston from the Mall Fund. The investment volume of £90 mln (EUR 99.8 mln) reflects a yield of around 7.75%.

  • PropertyEU Archive

    ECE signs EUR 111m financing for Galeria Kaskada

    2010-03-08T00:00:00Z

    ECE Projektmanagement announced on Monday that it has signed a EUR 111 mln loan contract with the real estate finance division of Landesbank Berlin and Berlin Hyp, for the construction of Galeria Kaskada in Szczecin, Poland. Full-scale construction of the mall will begin now that the financing with the two ...

  • PropertyEU Archive

    Hatfield Philips enforces EUR 159m Mangusta loan

    2010-03-08T00:00:00Z

    Hatfield Philips announced that it has enforced the EUR 159 mln Mangusta loan following the transfer by the borrower of its interest in the loan from German domiciled entities to an Austrian domiciled entity.

  • PropertyEU Archive

    Metrovacesa posts net loss of EUR 880m in 2009

    2010-03-08T00:00:00Z

    Spain's largest property company, Metrovacesa, reported net losses widened to EUR 880 mln in 2009 mostly due to hefty writedowns of the value of its assets. A year ago, the company reported a loss of EUR 738 mln.

  • PropertyEU Archive

    HSBC completes EUR 400m sale of French HQ to Ciloger

    2010-03-08T00:00:00Z

    HSBC France has completed the sale of its head office buildings on the Champs Elysées and Rue Vernet in Paris in a EUR 400 mln sale-and-leaseback transaction. The buyer is an OPCI real estate fund managed by Ciloger.

  • PropertyEU Archive

    Invesco spends EUR 80m in Germany and Spain

    2010-03-08T00:00:00Z

    Invesco Real Estate announced on Monday that it has secured two additional assets in Munich and Madrid for a pan-European fund for a total investment of about EUR 80 mln. The pan-European fund has raised an additional EUR 61 mln of new capital from two new clients and Invesco ...

  • PropertyEU Archive

    CBRE Investors appoints Jamie Christmas as UK finance director

    2010-03-08T00:00:00Z

    CB Richard Ellis Investors, the global real estate investment management firm, has announced the appointment of Jamie Christmas as UK Finance Director in the London office.

  • PropertyEU Archive

    Paris court limits Coeur Defense's creditor protection

    2010-03-08T00:00:00Z

    A French appeals court has ruled against an extension of the protection plan proposed by the owners of Paris skyscraper Coeur Defense. The 182,000 m[sup]2[/sup] complex, which was acquired by Lehman and Atemi for EUR 2.1 bn in July 2007, has been at the centre of a conflict between the ...

  • PropertyEU Archive

    Risanamento confirms negotiations to sell Falck site

    2010-03-08T00:00:00Z

    Troubled Italian real estate developer Risanamento has confirmed rumours that it is in talks with a group of investors to divest its vast Falck redevelopment project in Milan's Sesto San Giovanni district. 'Risanamento has started negotiations after being approached by important national and international real estate operators,' the company said.

  • PropertyEU Archive

    Gecina set to exit Spanish market

    2010-03-08T00:00:00Z

    French SIIC Gecina has unveiled plans to exit Spain and re-focus its business on its home market. In a statement on the publication of its 2009 annual results, the Paris-listed real estate company said that it is seeking to 'realign the group's activities around France and sectors in which it ...

  • PropertyEU Archive

    Metric set to IPO as new UK REIT

    2010-03-08T00:00:00Z

    Metric Property Investments, a UK-incorporated specialist retail property investment company led by British Land veterans, has announced its initial public offering (IPO) which will make it one of the first real estate investment trusts (REIT) to debut on the stock exchange in the UK.

  • PropertyEU Archive

    CEE investment market set to grow again in 2010

    2010-03-05T00:00:00Z

    Investors are re-emerging in the long-troubled Central and Eastern European (CEE) market, bidding up the prices of core properties in an investment sector that remains slow. Tomasz Trzóslo, head of JLL's Capital Markets team in CEE told PropertyEU in an interview that the increase in investor interest 'will ultimately lead ...

  • PropertyEU Archive

    Schroders makes EUR 36m purchase for Italian fund

    2010-03-05T00:00:00Z

    UK asset manager Schroders has announced the first acquisition for its Schroders Italian Property Fund II. As reported earlier this week by PropertyEU, the company has bought a modern office building of some 12,300 m[sup]2[/sup] located in the San Donato district of Milan. The transaction price amounts to around EUR ...

  • PropertyEU Archive

    Invista completes over £38m of acquisitions

    2010-03-05T00:00:00Z

    Invista Real Estate Investment Management has completed the purchases of office assets in the UK for approximately £38 mln (EUR 42 mln).

  • PropertyEU Archive

    Polish investment levels to rise after hitting 6-year low: JLL

    2010-03-05T00:00:00Z

    Polish real estate transaction levels are set to rise after the investment market hit a six-year low in 2009, according to Jones Lang LaSalle. The property adviser's Warsaw City Report Q4 2009 suggests that while there is rather limited activity in the market in comparison to 2006 and 2007 there ...