All PropertyEU Archive articles 鈥� Page 1977
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PropertyEU Archive
Liebrecht & Wood to build new outlet centres in Romania
Belgian property company Liebrecht & Wood has invested around EUR 30 mln to acquire 60 hectares of land across three locations in the surroundings of Bucharest. The company plans to develop new outlet and retail centres on the sites, newspaper Ziarul Financiar has reported, quoting Liebrecht & Wood's founder Johan ...
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PropertyEU Archive
SPS buys Jelmoli to create largest Swiss property company
Real estate investment company Swiss Prime Site (SPS) said it has acquired 96.05% of the share capital of peer Jelmoli Holding, creating Switzerland's largest listed property company by market value. Following the operation, Jelmoli's Walter Fust will resign from the board of directors with effect from 31 October 2009.
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PropertyEU Archive
Prime rental levels stabilise in European office markets: JLL
Prime office rental levels stabilised in the majority of European markets in Q3 2009, according to the latest Jones Lang LaSalle European Office Clock
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PropertyEU Archive
PointPark receives green light for Polish project
PointPark Properties has received the building permit for the development of two buildings comprising 66,000 m[sup]2[/sup] of space within its PointPark Mszczonow business park in Poland.
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PropertyEU Archive
ULI members seek more public-private joint ventures
Long-term, solid relationships between the private and public sector are invaluable in securing investment into urban areas, according to a recent survey of the 2,300 European members of Urban Land Institute.
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PropertyEU Archive
Carlyle signs 30,000 m[sup]2[/sup] of new lettings in the Nordics
US private equity firm Carlyle has announced the leasing of over 30,000 m[sup]2[/sup] of commercial space in the Nordic region. Carlyle said it has secured lettings of approximately 10,000 m[sup]2[/sup] in Denmark and 16,000 m[sup]2[/sup] in Finland, which will add to a further 6,000 m[sup]2[/sup] which had already been leased ...
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PropertyEU Archive
Plaza Centers halts EUR 2 bn pipeline in Romania
CEE real estate developer and investor Plaza Centers has frozen its developments in Romania, representing an investment of EUR 2 bn in the country, newspaper Ziarul Financiar has reported. Plaza Centers' head of Romania Luc Ronsmans told the paper that the company's eight projects in the country have been put ...
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PropertyEU Archive
Overseas investors take 82% of London office investment market in Q3
International investors dominated Central London office investment transactions in the third quarter of 2009, accounting for 82% of completed deals, according to new research from CB Richard Ellis. This is the largest quarterly share of cross-border investment in the Central London market on record.
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PropertyEU Archive
CBRE and JLL back in profit in Q3
CB Richard Ellis and Jones Lang LaSalle, the two largest global property advisers, have reported a return to profit in the third quarter of the year. Declines in revenues were in part compensated by the companies' extensive cost-cutting programmes.
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PropertyEU Archive
IVG to launch EUR 400m London recovery fund
IVG Immobilien, Germany's largest commercial property company, is launching a EUR 400 mln London Recovery fund to ride the wave of market growth predicted for the West End office market for the next years.
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PropertyEU Archive
Heitman raises over EUR 500m for CEE property fund
US real estate investor Heitman has closed its fourth value-added property fund targeting Central and Eastern European commercial and residential property.
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PropertyEU Archive
Orco hires former Afi Europe director to head development unit
CEE property investor and developer Orco Property Group said it has appointed Ogi Jaksic to the position of Development Director for Central Europe. Jaksic's responsibility is to oversee the development activities of the group in that region with a focus on major development schemes.
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PropertyEU Archive
Atrium opens extension at Volgograd Park House
Atrium European Real Estate has announced the opening of an extension to its Volgograd Park House shopping centre in Russia. The extension comprises an 11,800 m2, stand-alone retail box with 314 parking spaces, which is fully let to OBI, the leading German DIY company, under a 15-year lease agreement ...
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PropertyEU Archive
DG HYP finances mixed-use building for Catella fund
German property lender DG HYP (Deutsche Genossenschafts-Hypothekenbank) said on Thursday it has provided a SEK 280 mln (EUR 27.4 mln) facility to Focus Nordic Cities, an open-ended real estate fund managed by Catella Real Estate. The loan will be used to finance Baltzar City, a retail and office building in ...
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PropertyEU Archive
Three more cities join ULI's Urban Investment Network
The cities of Amsterdam, Edinburgh and Istanbul have signed as founding members of the Urban Land Institute's Urban Investment Network, a new platform to improve public-private collaboration in urban investment and development. The announcement was made on Thursday at the first ever UIN summit at the Palau de Musica in ...
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PropertyEU Archive
BBVA puts EUR 122m London hotel on the market
The flagship Marconi building in London has reportedly received as many as 140 expressions of interest after its administrator PricewaterhouseCoopers (PWC) put it on the market last month with a price tag of EUR 122 mln.
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PropertyEU Archive
Carlyle completes EUR 135m HQ in Madrid
Global private equity firm The Carlyle Group has announced the completion of the new headquarters for the National Registrars Association of Spain in Madrid. The 30,000 m[sup]2[/sup] building has been developed on a site that Carlyle acquired in a joint venture with Therus Invest in June 2006.
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PropertyEU Archive
Grosvenor tips London office recovery in 2010
Grosvenor Fund Management has predicted a sharp recovery in London office returns starting in 2010 and generating 12-13% per annum returns over five years. This follows capital value declines in excess of 45% since mid-2007. Rents are expected to increase by about 60% from their trough through 2011-2016, Grosvenor ...
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PropertyEU Archive
LaSalle pumps EUR 400m into UK out-of-town retail assets
LaSalle Investment Management has spent 拢360 mln (almost EUR 400 mln) in the last 12 months as it pursues counter-cyclical investment in the UK out-of-town retail market. LaSalle accounted for 29% of all out-of-town retail acquisitions over the last 12 months including Borehamwood Shopping Park, Silverlink Retail Park in Newcastle ...
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PropertyEU Archive
Real I.S. acquires E.on Bayern HQ project for EUR 70m
Munich-based real estate investor Real I.S. has acquired an office building which will house the Bavarian headquarters of energy company E.on for EUR 70 mln. Property adviser BNP Paribas Real Estate acted for the vendor, German developer Fay Projects. Real I.S. is to develop the project in a joint venture ...
