Latest reports – Page 2657
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PropertyEU Archive
IFM sells high-rise office in Frankfurt
Germany's IFM Immobilien has sold the high-rise Romeo & Julia office scheme in Frankfurt's Westend district to the Swiss AFIAA Investment Foundation for Property Investments Abroad. The transaction value amounts to EUR 97 mln, according to press reports.
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PropertyEU Archive
Lapthorn adds to real estate dispute resolution team
UK law firm Blake Lapthorn has appointed senior associate Joe Copping to its real estate dispute resolution team. Copping has over 10 years experience of all aspects of commercial and residential property litigation. He is based in Blake Lapthorn's London office.
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PropertyEU Archive
Prologis leases 50,000m[sup]2[/sup] in southern Netherlands
Prologis, a global owner, operator and developer of logistics real estate, has signed long-term leases totalling 50,200 m[sup]2[/sup] at Prologis Park Tilburg in the Netherlands.
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PropertyEU Archive
Citycon teams up with Canadians to buy giant mall in Stockholm
Finnish listed retail specialist Citycon is joining forces with the Canada Pension Plan Investment Board (CPPIB) to acquire the Kista Galleria shopping centre in Stockholm for around EUR 526 mln (SEK 4.6 bn).
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PropertyEU Archive
French 2012 investment volumes exceed expectations, says JLL
Investment in commercial real estate in Paris is likely to surpass earlier full-year expectations of EUR 8-10 bn, with the current forecast put at EUR 10-11 bn worth of deals, according to Stephan von Barczy, managing director of French capital markets at Jones Lang LaSalle.
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PropertyEU Archive
Union acquires Motel One hotel project in Amsterdam
Union Investment has signed a turnkey purchase contract for the first hotel to be operated by Motel One in Amsterdam. Financial details were not disclosed.
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PropertyEU Archive
LaSalle completes retail purchase in the UK
LaSalle Investment Management has bought the long leasehold of retail scheme The Parkway in Bury St Edmunds in the UK.
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News
BlackRock, UK RREEF funds merge to create £2.4bn unit trust
UK – 'Landmark' merger to create country's largest unit trust.
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News
Public sector cuts will have 'massive impact' on US office
NORTH AMERICA – Study predicts 10% spending cut will hit 30 major urban centres.
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News
Cordea looks to residential after losing mezzanine men
EUROPE – Cordea Savills mulls residential development debt fund.
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News
Sweden's AP3 to take over social infrastructure joint venture
SWEDEN – National buffer fund to acquire 50% of Hemsö it does not already own.
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PropertyEU Archive
Catella KAG buys Copenhagen office property
Catella Real Estate KAG has acquired a newly refurbished office property with 6,000 m[sup]2[/sup] of leasable space in the Danish capital Copenhagen. The investment volume was DKK 175 mln (EUR 23.5 mln).
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PropertyEU Archive
Resolution acquires Dutch factory outlet
CBRE Global Investors has sold Rosada Factory Outlet Centre (FOC) in the southern Dutch town of Roosendaal to Resolution Real Estate Advisers for an undisclosed amount.
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PropertyEU Archive
Risk of eurozone breakup higher than ever: DTZ
The continuing uncertainty surrounding the European sovereign debt crisis has increased the probability of a downside scenario with multiple eurozone exits, according to DTZ’s Annual Outlook report.
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PropertyEU Archive
Alternative lenders should target underserved areas: survey
New market entrants are filling the gap left by traditional lenders but broadening the mix of financiers to include insurers and pension funds now focuses lending on specific asset types with longer terms, according to a recent survey carried out by law firm Berwin Leighton Paisner.
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PropertyEU Archive
BlackRock and RREEF create UK property fund giant
US listed investment manager BlackRock and Deutsche Bank's RREEF division are merging their UK funds to create what they say will be the largest property unit trust in the UK market.
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PropertyEU Archive
Sveafastigheter sells resi project to Alecta
Private equity group Sveafastigheter has reached agreement with Swedish pension group Alecta on the redevelopment and sale of two buildings in Vällingby Parkstad, in the Råcksta area of Stockholm. The investment details were not disclosed.
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PropertyEU Archive
PropertyEU Magazine December 2012
The December edition of PropertyEU Magazine leads with a special report on our Outlook 2013 investment briefings in London, Paris and Frankfurt.
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PropertyEU Archive
Ivanhoe Cambridge signs exclusivity on Areva HQ
Canadian property group Ivanhoe Cambridge has entered into exclusive talks with Groupe Industriel Marcel Dassault on the sale of an office property in Paris which houses the headquarters of insurer Areva.
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PropertyEU Archive
AXA sells 6,200m[sup]2[/sup] office building in Lisbon
AXA Real Estate has sold its freehold interest in a building in Lisbon to a private investor. The investment volume was not disclosed.
