All PropertyEU Archive articles – Page 1940
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PropertyEU Archive
PSJ Invest leases 20,000 m[sup]2[/sup] in Prague
Brno-based real estate developer PSJ Invest said that it has completed one of the largest deals in the Czech office property market with the leasing of 20,000 m[sup]2[/sup] of office space to Kooperativa Pojistovna, part of Vienna Insurance Group. The insurance firm has taken a large majority in the builder's ...
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PropertyEU Archive
Raiffeisen Bank extends lease on 8,000m[sup]2[/sup] in Bucharest
Austrian lender Raiffeisen Bank has extended its lease agreement on 8,000 m[sup]2[/sup] of office space it uses as its head office in Romania. The building, located in Bucharest's Charles de Gaulle Plaza, is owned by GLL Real Estate Partners' Accession Fund. Jones Lang LaSalle and CBRE Eurisko represented the owner ...
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PropertyEU Archive
AMB Property leases 13,500 m[sup]2[/sup] in Tilburg
AMB Property Europe announced it has signed a lease with Ingram Micro, a global technology distributor, for about 13,500 m[sup]2[/sup] in AMB Tilburg Distribution Center 1 in the Netherlands. AMB Property Europe is an affiliate of New York-listed global industrial real estate specialist AMB Property Corporation.
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PropertyEU Archive
West End rents to rise by 40%: C&W
Property adviser Cushman & Wakefield has forecast that prime West End rents in Londin will rise by 40% between now and 2012 which would mark a return to levels above £100 (EUR 115) per square foot. Lack of supply is expected to lead to a return in pre-letting activity.
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PropertyEU Archive
Deka fund acquires Italian logistics portfolio for EUR 60m
Deka Immobilien has acquired a logistics real estate portfolio in northern Italy for its Deka-ImmobilienEuropa open-ended fund for about EUR 60 mln. The transaction involves 50,000 m[sup]2[/sup] of space leased on a long-term basis to an international food company in the Milan region and another 50,000 m[sup]2[/sup] leased to an ...
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PropertyEU Archive
Hahn Group agrees strategic cooperation with Unimo
German retail investment specialist Hahn Group has said a new cooperative agreement with Swiss firm Unimo will open up a new procurement pipeline and faciliate entry into the market segment for 'A' retail locations.
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PropertyEU Archive
Ikea to build first green business park in Poland
SwedeCenter, a development unit of the Inter Ikea Group, has unveiled plans to build the first ecological business park in Poland. Cushman & Wakefield will be responsible for the commercialisation of the complex.
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PropertyEU Archive
Germany holds green building summit
German construction and real estate professionals will discuss the creation of an integrated approach to sustainability certification during the Green Building Summit 2010 in Frankfurt on 23-24 February. While the issue of sustainability continues to grow in importance in the real estate sector, there is a confusing number of evaluation ...
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PropertyEU Archive
Tamar Capital launches European operation
Tamar Capital Partners a new property investment and asset management company focusing on the UK, Western and Northern European markets, has announced it has already secured management contracts and assets with a total gross asset value in excess of £750 mln (EUR 867 mln). The portfolio forms the core base ...
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PropertyEU Archive
Sberbank to get Nordstar centre in exchange for Don-Stroy debt
Russian state-owned lender Sberbank is expected to take control of real estate developer Don-Stroy's Nordstar Tower business centre as part of a major debt restructuring agreement, business daily Vedomosti reported this week, citing sources close to the process.
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PropertyEU Archive
Unibail-Rodamco top environmental performer on Continent
Unibail-Rodamco is the best environmental performer among listed property stocks in Continental Europe, in third place after UK companies Big Yellow and Hammerson (UK-France). Funds managed by ING Real Estate Investment Management (ING REIM) perform strongly in the ranking for unlisted property owners.
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PropertyEU Archive
Holowent launches EUR 114m bid for NR Nordic
Holowent, the investment vehicle of the Livingstone brothers, has made a EUR 114 mln takeover bid for NR Nordic & Russia Properties, a Euronext-listed real estate investor focusing on Russia, the Baltics and the Nordic region.
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PropertyEU Archive
Swiss Life buys Lighthouse project for EUR 30m
Life insurer Swiss Life has acquired the Lighthouse office project in the Rhein area of Düsseldorf-Derendorf, Germany for around EUR 30 mln. The seller is Lighthouse Development, a joint venture of developer Projektentwicklung and Rheinmetall Immobilien.
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PropertyEU Archive
Number of investment bidders rises in Q4: RICS
The number of investment bidders per property rose for the first time across most Western European markets in the fourth quarter of 2009, with the biggest pick up seen in the Netherlands and France. There were some exceptions, however, with investment bidders remaining in decline in Italy, Switzerland and Cyprus. ...
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PropertyEU Archive
Prologis expands European fund and acquisitions team
Prologis, the leading global provider of distribution facilities, has announced the appointment of Ali Nassiri as Senior Associate in the European Fund and Acquisitions team. He will have particular involvement with the continued investment program for Prologis European Properties Fund II.
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PropertyEU Archive
Valad Property Group appoints new COO
Multi-let specialist property fund manager Valad Property Group has appointed Christian Bearman as its new Chief Operating Officer to oversee its EUR 4.7 bn European operations. The appointment, which took effect on 11 January, signals Valad’s intention to consolidate and grow its European business through its 20 offices across 12 ...
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PropertyEU Archive
Unibail-Rodamco leases Tour Majunga's parking area
Pan-European property company Unibail-Rodamco has signed a long-term agreement with Defacto for the leasing of the Villon parking lot at the feet of the Majunga tower development located in the Parisian business district La Defense.
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PropertyEU Archive
UK property chiefs split on the shape of recovery
Leading experts in the commercial property sector in the UK have predicted a cautious year for listed real estate which will see the office market recover far more strongly than industrial, retail and residential property. The latest Expert Panel survey commissioned by Reita, the online portal for real estate investment ...
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PropertyEU Archive
EBRD to finance construction of five Russian hotels
The European Bank for Reconstruction of Development (EBRD) said that it will fund the construction of five mid-market hotels in the Russian cities of Samara, Krasnoyarsk, Kaliningrad and Yaroslavl. The properties, offering a total of 897 rooms, will be developed by Russian Hotel Investment, a limited liability company incorporated in ...
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PropertyEU Archive
HB Reavis starts development of Kosice shopping mall
Eastern European developer HB Reavis said that it has started the construction of the Aupark Kosice mixed-use complex in Eastern Slovakia. The project is located in the Liberators' Square of Kosice and will include a shopping and entertainment centre as well as an office building. Completion is planned for the ...


