All PropertyEU Archive articles 鈥� Page 1970
-
PropertyEU Archive
RICS unveils global climate change strategy
The Royal Institution of Chartered Surveyors (RICS) unveiled its global climate change strategy on Tuesday, saying it was committed to taking concrete action globally to stress the value and potential of an emerging low-carbon property market.
-
PropertyEU Archive
Ex-Hammerson France chief takes top job at Gecina
Christophe Clamageran has been appointed the new CEO of French listed property group Gecina with immediate effect, the company announced in a press release. Clamageran, 46, was previously CEO of Hammerson France, in charge of the company's activities in Continental Europe. At Gecina, he will replace Antonio Truan ...
-
PropertyEU Archive
Icade sells EUR 2bn housing portfolio
French property company Icade said it has signed an agreement with Soci茅t茅 Nationale Immobili猫re (SNI), representing a consortium of 25 social housing investors, to dispose of its residential portfolio worth some EUR 2 bn.
-
PropertyEU Archive
Aker acquires development land from SPDE for EUR 44m
Scandinavian Property Development (SPDE) announced on Monday that engineering and construction services group Aker Solutions has exercised an option to purchase two of its commercial land properties in Norway for a total of NOK 366 mln (EUR 44 mln).
-
PropertyEU Archive
European bank take-up down 53% as London bounces back: C&W
European financial capitals can expect subdued performance in terms of banking office take-up as the wider sector remains on the cusp of significant change, according to Cushman & Wakefield's new European Banking Briefing. The retail banking sector in the UK can also expect to undergo a sea change over the ...
-
PropertyEU Archive
PEPR to launch EUR 61m preferred equity offer
Euronext-listed Prologis European Properties, one of Europe's largest owners of modern distribution facilities, said it intends to raise EUR 61 mln of new equity in the form of fully underwritten perpetual convertible preferred units. PEPR intends to use the net proceeds from the offering to reduce outstanding debt and for ...
-
PropertyEU Archive
IVG acquires multi-let property in Brussels CBD
IVG, represented by real estate advisor Savills, has acquired a multi-let office building in Brussels CBD for an undisclosed figure. The building totals 4,400 m[sup]2[/sup] and is located at Rue Guimard 7 in the vicinity of Square Frere Orban behind Avenue des Arts.
-
PropertyEU Archive
Milan court approves Risanamento's restructuring plan
A Milan court has given the long-awaited go-ahead for the restructuring of Italian troubled real estate developer Risanamento. The court ruled that a EUR 500 mln debt restructuring programme, combined with the issue of EUR 350 mln of convertible bonds, was sufficient to keep the company afloat for the coming ...
-
PropertyEU Archive
European outlet lobby association to launch at Mapic
A new organisation representing retailers and developers active in the growing outlet sector in Europe will be launched at the Mapic retail real estate fair in Cannes this week.
-
PropertyEU Archive
Cordea Savills buys Aurealys building in Lyon
Pramerica, the property arm of US financial group Prudential Financial, has sold the Aur茅alys office building located in the French city of Lyon to Cordea Savills' European Commercial fund. The financial details of this transaction were not disclosed. The property was owned by IVG's Europroperty Fund, which is managed by ...
-
PropertyEU Archive
Klepierre boosts presence in Northern Italy
French listed property company Kl茅pierre has signed an agreement with the Italian group Finiper to acquire an additional 21.3% interest in IGC, the owner of nine shopping centres located in the vicinity of Milan. The EUR 76.5 mln acquisition should be completed by year-end, the Paris-listed company said.
-
PropertyEU Archive
Hammerson France boss resigns
Hammerson announced on Monday that Christophe Clamageran, managing director of Hammerson France, has resigned from the board with immediate effect. He will be taking up a senior position at a major quoted French real estate company.
-
PropertyEU Archive
UK posts third monthly capital growth: IPD
UK commercial property has posted the third consecutive month of capital growth in October, at 1.9%, according to the IPD UK Monthly Index. The year-to-date capital growth is now -10.5%. Since the market's upturn, which began modestly in August, UK commercial property has produced a compounded 3.2% capital growth. This ...
-
PropertyEU Archive
Multi Development opens Czech shopping centre
Multi Development has celebrated the opening of Forum 脷st铆 nad Labem in the Czech Republic. A large crowd of visitors attended the opening of the largest shopping and leisure centre in the region on 12 November 2009.
-
PropertyEU Archive
Menno Maas leaves ING Real Estate Development
Menno Maas is stepping down as CEO of ING Real Estate Development in January 2010. His departure is a joint decision by ING and Maas himself, according to reliable sources. ING announced in a press release on Monday that Maas is leaving on 31 January 2010 'to pursue his career ...
-
PropertyEU Archive
Supply in Amsterdam region rises to 17%
The office market in the Amsterdam region saw supply rise to 17% of total supply, according to the annual report 'We're Amsterdam' by Boer Hartog Hooft and the Amsterdam tax department. Supply in the Haarlemmermeer region is the highest at 24% (296,880 m2) of the total.
-
PropertyEU Archive
RREEF, Liberty sell Chester council HQ for EUR 21m
RREEF Real Estate and Liberty Properties Plc have sold 7,600 m[sup]2[/sup] of office space at the HQ development in Chester to the new Cheshire West and Chester Council in a deal worth approximately 拢19 mln (EUR 21 mln).
-
PropertyEU Archive
Germany, UK and Spain drive retail investment in Q3
Investment in European retail property reached over EUR 5 bn in Q3 2009, a quarterly increase of 18% and the highest total since Q3 2008, according to new CB Richard Ellis research. In contrast to the 34% jump in activity across all sectors, the upturn in retail investment has ...
-
PropertyEU Archive
GTC swings to loss of EUR 34m in Q3
Polish real estate developer Globe Trade Centre (GTC) swung to a net loss of PNL 138 mln (EUR 34 mln) in the third quarter of 2009 due to revaluations on its property holdings. The figure compares to a net profit of PLN 189 mln a year before.
-
PropertyEU Archive
NCC to add 5 office buildings to Finnish business park
The Finnish arm of Swedish property builder NCC Property Development has announced the launch of the third phase of development for the Plaza business park in Vantaa, Finland. The company said it will develop a further five office buildings and a car park on the site, which currently comprises eight ...
