All PropertyEU Archive articles – Page 1941

  • PropertyEU Archive

    Now is the time to invest in UK property: King Sturge

    2010-01-28T00:00:00Z

    Prime UK property, particularly in London, provides attractive opportunities for investment despite the inward movement of yields since mid-2009, according to a report from King Sturge. The report shows that prime UK property currently offers above-average investment prospects with London set to continue to deliver superior investment performance over the ...

  • PropertyEU Archive

    Syntrus Achmea buys Dutch mall from Unibail-Rodamco

    2010-01-27T00:00:00Z

    Dutch asset manager Syntrus Achmea Real Estate has acquired a shopping centre in the Netherlands from pan-European retail specialist Unibail-Rodamco. The financial details of the transaction were not disclosed. The Carnisse Veste shopping centre is located in Bardendrecht-West and comprises 47 shops over 15,569 m[sup]2[/sup].

  • PropertyEU Archive

    Goodman agrees first development and sale in Sweden.

    2010-01-27T00:00:00Z

    Goodman Group, the integrated property group which owns, develops and manages business and logistics space globally, has announced plans for its first development and associated sale in Sweden. The company has commenced the development of a pre-committed 21,500 m[sup]2[/sup] distribution centre on behalf of Staples, formerly known as Corporate Express, ...

  • PropertyEU Archive

    GI Partners backs new fund for distressed German mortgage assets

    2010-01-27T00:00:00Z

    GI Partners, the trans-Atlantic private equity house, has backed the launch of Elystan Capital Advisers, a Munich-based investment firm targeting mortgage backed assets and the mortgage banking sector in Germany, Austria and Switzerland. According to well-informed sources, GI Partners will provide EUR 100 mln with a view to expanding this ...

  • PropertyEU Archive

    Berlin Hyp expresses interest in Westimmo

    2010-01-27T00:00:00Z

    Berlin Hyp has emerged as the first potential bidder for Westdeutsche Immobilienbank (Westimmo) after the Berlin-based bank's chief Jan Bettink told journalists on Monday that he wanted to take a thorough look at the bank to see whether there was a 'strategic fit', according to Financial Times Deutschland.

  • PropertyEU Archive

    BNP Paribas Real Estate to launch new funds

    2010-01-27T00:00:00Z

    BNP Paribas Real Estate plans to launch three new funds for the European market in 2010 after introducing a new retail fund in December, deputy CEO Henri Faure said in an interview with PropertyEU. The Paris-based services provider is also seeking to expand in the field of valuation. 'We foresee ...

  • PropertyEU Archive

    JLL makes management changes in CEE

    2010-01-27T00:00:00Z

    Jones Lang LaSalle announced on Tuesday that Thierry Delvaux, previously managing director responsible for the property advisor's businesses in Hungary and Romania, has accepted a new role as a managing director of the JLL International Business Desk (iDesk), based in Washington DC.

  • PropertyEU Archive

    DG Hyp opens representative office in Paris

    2010-01-27T00:00:00Z

    German property financier DG Hyp has opened a representative office in Paris in line with its strategy of focusing more strongly on the French real estate market. Up to now, the French market has been covered by DG Hyp's country desk in Hamburg.

  • PropertyEU Archive

    Prime Property Management expands team

    2010-01-27T00:00:00Z

    Prime Property Management has announced property economists Sebastian Sinn and Rachel Simon joined the firm as property and asset managers on 1 January 2010.

  • PropertyEU Archive

    Patrizia launches new residential fund

    2010-01-27T00:00:00Z

    Patrizia Immobilien is launching a new specialised fund via its subsidiary Patrizia Kapitalanlagegesellschaft in a move to further expand its fund business. The fund will comprise assets valued at EUR 300 mln following conclusion of the investment phase.

  • PropertyEU Archive

    Storage-logistics take-up down 19% in Frankfurt region: NAI apollo

    2010-01-26T00:00:00Z

    A total of 324,000 m[sup]2[/sup] storage and logistic space was transacted in Frankfurt and the surrounding region in 2009, according to an analysis released by independent real estate consulting group NAI apollo. Compared to the turnover of the previous year this amounts to a decline of about 19% but it ...

  • PropertyEU Archive

    20% of UK shopping centres at risk of loan default: BCSC

    2010-01-26T00:00:00Z

    One in every five shopping centres in the UK is at risk of defaulting on its loans, according to new research presented by the British Council of Shopping Centres (BCSC). The Secondary Centres research establishes the magnitude of the issues facing shopping centre owners and managers - with an estimated ...

  • PropertyEU Archive

    Hotel transaction volume to increase in 2010: JLL

    2010-01-26T00:00:00Z

    Hotel investment volume in Europe, Middle East and Africa (EMEA) fell to EUR 2.9 bn in 2009, reflecting the lowest volume of transactions since the late 1990s and a drop of 63% compared to 2008, according to Jones Lang LaSalle Hotels. While 2010 is expected to remain challenging, by the ...

  • PropertyEU Archive

    P3 enters Romania with new logistics project

    2010-01-26T00:00:00Z

    PointPark Properties (P3) has signed an agreement with European real estate investment manager Europa Capital to provide transactional and development services for Europa Capital's logistics and industrial project in Cluj, Romania.

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    Carlyle completes acquisitons from Maheu portfolio in Paris

    2010-01-26T00:00:00Z

    The Carlyle Group announced on Tuesday that it has completed the acquisition of two mixed-use residential/retail buildings in Paris. The properties form part of the EUR 231 mln- Maheu portfolio of 11 buildings that has been put up for sale by a French social security agency. Both buildings are located ...

  • PropertyEU Archive

    City Cinema signs lease at Adora Mall prject in Romania

    2010-01-26T00:00:00Z

    Multiplex group Cinema City has agreed to lease 3,000 m[sup]2[/sup] at Sonae Sierra's Adora Mall project in Craiova, south-eastern Romania. The decision to establish the largest cinema in the region at Adora Mall bring means the shopping centre is now 60% pre-leased by gross lettable area (GLA).

  • PropertyEU Archive

    IVBN urges national approach to Dutch office oversupply

    2010-01-26T00:00:00Z

    Top-down, nationwide control rather than a complete reliance on local planning of new development may be needed to tackle oversupply in the Dutch office market, according to the sector organisation IVBN.

  • PropertyEU Archive

    ULI conference to examine future of opportunity funds

    2010-01-26T00:00:00Z

    The future of the opportunity fund sector is to be put under the microscope at the ULI Europe annual conference in Paris next week. Aref Lahham, founding partner of pan-European opportunity fund manager Orion Capital Managers and Marc Mogull, managing partner of Benson Elliot Capital Management, will be among the ...

  • PropertyEU Archive

    FedEx extends Dutch contract with Valad

    2010-01-26T00:00:00Z

    FedEx, the largest express company in the world, has extended its contract in the Netherlands with Valad Property Group for a period of five years. The organisation leases 12 units with Valad, covering 3,600 m[sup]2[/sup] of distribution facilities and 2,400 m[sup]2[/sup] of office space, located at the Brequetlaan in Schiphol ...

  • PropertyEU Archive

    Land Securities to make move into property derivatives trading

    2010-01-26T00:00:00Z

    Land Securities is preparing to invest in property-based derivative instruments that could help hedge exposure to its largest developments, according to a report in the Financial Times. This is the first time the UK's largest property company is making a move outside buying and building physical real estate.