All PropertyEU Archive articles 鈥� Page 1949
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PropertyEU Archive
Patrizia completes EUR 39m in sales
German real estate group Patrizia Immobilien has finalised the sale of 215 residential and five commercial units as two block sales. The sales volume of both block sales comes to a total of EUR 39.1 mln.
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PropertyEU Archive
Carlyle sells Lyon office complex for EUR 71m
Global private equity firm The Carlyle Group has announced the sale of its Anthemis building complex in Lyon to RREEF Spezial Invest, a subsidiary of the RREEF fund managed by Deutsche Bank. The sale was carried out at a net price of EUR 70.7 mln and included guarantees on the ...
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PropertyEU Archive
Signa Holding buys Hyperion from Bank Austria
Austrian investor Signa Holding has emerged as the preferred bidder for a portfolio of 12 assets sold by Bank Austria through a single-stage bidding process. Although the companies agreed not to disclose the financial details, the purchase price was said to be over EUR 100 mln, Austrian daily Die Presse ...
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PropertyEU Archive
Profile: Gerhard Niesslein, the network builder
In these times of tight credit and market caution, trust is a valued asset - something no one knows better than Gerhard Niesslein, CEO of Germany's largest listed property group IVG.
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PropertyEU Archive
Warburg-Henderson sells Dusseldorf office building
Warburg-Henderson KAG, a joint venture of German private bank M.M.Warburg & CO and British asset manager Henderson Global Investors, has sold an office building in Dusseldorf to Real IS for an undisclosed amount.
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PropertyEU Archive
UK capital values to stabilise: Invista
Capital values in the UK are likely to stabilise over the next six months and then remain broadly steady, according to the latest research report produced by Invista Real Estate Investment Management.
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PropertyEU Archive
Deutsche Pfandbriefbank finances Invesco deal in Paris
Deutsche Pfandbriefbank has provided a medium term EUR 42.5 mln investment financing facility for the acquisition of an office building located 148 rue de l'Universit茅 in Paris, France.
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PropertyEU Archive
Deutsche Euroshop invests EUR 265m in A10 mall revamp
German shopping center investor Deutsche Euroshop has acquired the A10 mall in Wildau near Berlin out of liquidation. The total investment for the project, including planned modernisation and new development to create A10 Triangle by 2011, will amount to EUR 265 mln. The A10 is the 17th shopping centre in ...
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PropertyEU Archive
Polnord to invest EUR 110m in Gdansk mixed-use project
Warsaw-listed property development company Polnord said it has signed a preliminary agreement to develop a 450 million zloty (EUR 110 mln) mixed-use complex in the Polish port city of Gdansk. Polnord reached the deal with the city of Gdansk to build a residential and commercial complex on a 2.6-hectare site ...
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PropertyEU Archive
Sponda signs EUR 150m loan agreement with Nordea
Finnish property company Sponda said it has reached an agreement with lender Nordea Bank Finland for a new EUR 150 mln unsecured five-year facility. The loan will be used to repay existing debts and will replace short-term credit limits for the same amount that mature in March 2010. The margin ...
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PropertyEU Archive
Swiss Prime Site launches EUR 200m convertible bond offer
Swiss Prime Site has announced it is launching a domestic convertible bond issue due 2015 of CHF 220 mln (EUR 135 mln). The total will rise to CHF 300 mln if both the increase and over-allotment options are exercised in full.
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PropertyEU Archive
PIK Group releases EUR 298m in loan restructuring
London-listed Russian residential developer PIK has announced that it has met all the conditions required by Sberbank RF for the restructuring of its loan portfolio and the release of new financing totalling RUB 12.75 bn (EUR 298 mln).
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PropertyEU Archive
Atenor unveils EUR 50m bond placement
Belgian real estate developer Atenor has announced the placement of a 5-year bond for a minimum amount of EUR 50 mln to diversify its sources of financing. The offering, with a 6% gross coupon, is aimed at retail and institutional investors in Belgium and the Grand Duchy of Luxembourg.
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PropertyEU Archive
RREEF acquires Hamburg's Unilever-Haus from Hochtief
Deutsche Bank's RREEF Investment has acquired the Unilever-Haus office building in Hamburg from Hochtief Projektentwicklung for an undisclosed amount.
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PropertyEU Archive
State acquires Immobel's Forum in top Belgian deal
The House of Representatives of Belgium and listed developer Immobel signed a sales agreement for the sale of the Forum complex project in Brussels on 18 December. The value of the transaction will amount to EUR 139 mln, subject to the granting of the required planning permits, according to Brussels-based ...
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PropertyEU Archive
SEB acquires property on London's Threadneedle St
SEB Asset Management added a building located in London's financial district to its open-ended real estate fund: SEB ImmoPortfolio Target Return Fund shortly before Christmas. The property is rated Grade A and is fully let. The seller was Wellcome Trust, a British charity that finances biomedical research projects. The total ...
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PropertyEU Archive
Dublin Airport Authority lands major Irish lease
Dublin Airport Authority (DAA) has announced the leasing of Hangar 6 at Dublin Airport to Aer Lingus in December for a term of 20 years. The former SRT Technics facility which comprises 23,000 m[sup]2[/sup] is one of the largest commercial buildings in the country.
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PropertyEU Archive
Albania's largest mall opens in Tirana
The largest shopping centre in Albania has opened its doors in the vicinity of the capital Tirana. Developed by AM Group, City Park shopping mall houses 180 stores on a site located 12 km from Tirana and 5 km from Tirana International Airport.
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PropertyEU Archive
Savills appoints letting consultant in Dusseldorf
International real estate advisor Savills has recruited Stefan Mellies to join its office agency team in Dusseldorf with immediate effect.
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PropertyEU Archive
Ecorys to hold masterclass on attracting urban investment
European research and consultancy firm Ecorys, supported by the Urban Land Institute, is holding a 2-day masterclass on attracting urban investment in today's investment climate.
