All PropertyEU Archive articles 鈥� Page 1965
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PropertyEU Archive
IVG reports successful leasing performance
IVG has recently concluded a number of major leasing agreements in Germany, Poland and France despite the difficult situation prevailing in the real estate markets. In total, IVG has concluded agreements for approximately 480,000 m[sup]2[/sup] this year for its entire portfolio of own properties and funds,
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PropertyEU Archive
Atrium Europe posts loss of EUR 342m in Q3
CEE shopping centre specialist Atrium European Real Estate saw its losses narrow by almost a third to EUR 342 mln in the first nine months of the year from EUR 485 mln in the same period a year before.
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PropertyEU Archive
Rotch Property Group sells UK properties for 拢43m
UK's Hertfordshire County Council has acquired two adjacent office buildings in Stevenage from Rotch Property Group for 拢43 mln (EUR 48 mln). The transaction represents a net initial yield of 7.72%.
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PropertyEU Archive
Prime office yields continue to stabilise across Europe, says JLL
Prime office yields across Europe have continued to stabilise during the third quarter of 2009, in a further sign that the bottom of the investment cycle is in sight, property consultant Jones Lang LaSalle said on Wednesday. According to the broker's latest Prime European Office Yields Tracker, the aggregate yield ...
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PropertyEU Archive
S. Africa's Zenprop buys two assets in UK
Zenprop, a South African-based privately held property company, has bought two assets in Manchester and Doncaster in the UK from Luxembourg-based Azure Property for an undisclosed amount. The real estate division of International law firm SJ Berwins advised Zenprop on the acquisition of the properties which are leased with long-term ...
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PropertyEU Archive
RREEF appoints C&W to market Budapest office building
Global real estate consultant Cushman & Wakefield (C&W) has been appointed as letting agents for new leases on the Business Center 140 (BC 140) office building in Budapest's 13th district. The building is held by RREEF Alternative Investments and managed by them on behalf of its real estate ...
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PropertyEU Archive
Neinver's Galeria Malta in running for ICSC awards
Galeria Malta, developed and managed by Neinver, is one of the finalists for the International Council of Shopping Centers (ICSC) European Shopping Center Award 2010 in the category 'New Developments: Large'.
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PropertyEU Archive
Real I.S. to launch fourth BGV fund
Real I.S. is continuing the roll-out of its BGV-Fund series for institutional investors with the imminent market launch of the fourth fund in sequence. Like the earlier funds, BGV IV has been conceived with a broadly diversified real estate portfolio. The focus of the investment is on core real estate, ...
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PropertyEU Archive
Deka Immobilien buys office building in Hamburg
German property investor Deka Immobilien said on Wednesday that it has finalised the acquisition of the Momeni-Haus office building in the city centre of Hamburg. The property located at Hohen Bleichen 11 was sold by Movesta Development GmbH and Momeni Project Development GmbH. The financial details of the transaction were ...
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PropertyEU Archive
Skanska creates global unit for green business
Swedish construction giant Skanska said on Wednesday that it is establishing a new global unit to support the group's worldwide operations in the dispersal of green construction technology.
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PropertyEU Archive
Multi's Forum Kapadokya opens its doors in Turkey
Dutch property development group Multi Development said on Wednesday that its Forum Kapadokya shopping centre has opened its doors in Nevsehir, central Turkey. The mall represents the company's eighth development project in the country.
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PropertyEU Archive
JLL markets sale of Novotel hotel at Edinburgh Park
Blair Nimmo and Gary Fraser of KPMG, joint administrators to EBH Limited, have instructed Jones Lang LaSalle Hotels to market and sell the 170-bedroom Novotel at Edinburgh Park in Edinburgh. The asking price for the property was not disclosed.
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PropertyEU Archive
Terra offer for Rugby Estates lapses
Terra Catalyst Fund said on Wednesday that its mandatory offer for UK listed property firm Rugby Estates Investment Trust has lapsed with immediate effect and is 'no longer capable of acceptance'. Terra launched the bid last month through its Terra Investments vehicle. The company offered to acquire Rugby Estates for ...
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PropertyEU Archive
Hansteen eyes Kenmore European Industrial Fund
London-based Hansteen confirmed on Wednesday that it is considering making an offer for the remaining shares in Kenmore European Industrial Fund (KEIF) after purchasing 12% of the company's capital earlier this week.
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PropertyEU Archive
DTZ brokers 13,000 m[sup]2[/sup] of leasing deals in Prague
Global real estate consultant DTZ said on Tuesday it has sealed the largest office leasing transactions in the Czech Republic so far this year with the letting of around 13,000 m[sup]2[/sup] of office space to Germany's energy group RWE and the Czech IT company ICZ.
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PropertyEU Archive
UPP completes 拢115m deal with the University of Nottingham
University Partnerships Programme (UPP) said on Tuesday that it has closed a 拢115 mln (EUR 127 mln) transaction with the University of Nottingham.
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PropertyEU Archive
Building council challenges sector to deliver 50% CO2 cuts by 2020
The UK Green Building Council is calling on the real estate industry to slash its carbon emissions by 50% between now and 2020. In a speech to the body's annual conference on Tuesday, UK Green Building Council CEO Paul King urged the industry to recognise the role it can play ...
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PropertyEU Archive
Sabadell buys its former Barcelona HQ for EUR 20m
Banco Sabadell has purchased its former Barcelona headquarters from the investment holding company of the Andorran Reig family for around EUR 20 mln. The head office located on Barcelona's Paseo de Gracia has remained vacant since the Spanish lender relocated to a new building five years ago.
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PropertyEU Archive
Conwert buys residential properties in Vienna for EUR 24.5m
Austrian firm Conwert Immobilien Invest SE has acquired six apartment buildings from an Austrian insurance company. The transaction volume was about EUR 24.5 mln.
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PropertyEU Archive
ING Reim secures EUR 80m loan for Czech mall
ING Real Estate Investment Management said on Tuesday that it has reached an agreement with German lender Helaba for a new EUR 80 mln debt financing package for its Nisa Shopping Centre in the Czech Republic. The long-term financing covers refinancing of existing loans and the recent extension of the ...
