Latest reports – Page 2729
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PropertyEU Archive
KGAL loses CEO Eckert
KGAL has announced the departure of CEO Carsten Eckert. Eckert, aged 47, took over the reins of KGLA's management team in 2007 and has since focused on realigning the group as a 'real capital asset manager' while improving production and risk management processes.
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PropertyEU Archive
C&W hires new head of corporate occupier team in France
Cushman & Wakefield has appointed leading occupier expert Guy Grundy as a partner and head of Occupier Representation in France.
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PropertyEU Archive
Editor's choice: top real estate headlines worldwide
This week's top property news at a glance:
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PropertyEU Archive
Spanish portfolio depresses Vastned
Dutch listed retail specialist Vastned booked a negative indirect investment of EUR 44 mln in the first six months of 2012 following a devaluation of its Spanish shopping entres and retail parks. The direct investment result fell 6% over the period to EUR 31.6 mln.
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PropertyEU Archive
German residential portfolio market to reach EUR 10b in 2012: Savills
Savills predicts that the German residential portfolios market is on track to reach a total turnover of EUR 10 bn in 2012, with EUR 6.13 bn already invested in the first six months of the year.
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PropertyEU Archive
July property investment in Europe down 20% on 2011: PropertyEU Research
European real estate investment got off to a slow start in July, with volumes down 20% on the same period in 2011, according to PropertyEU's survey of reported transactions.
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PropertyEU Archive
CBRE acquires 65,000m[sup]2[/sup] logistics site for Sogaris near Paris
CBRE has advised Sogaris, a French logistics real estate investor, on the purchase of a 65,000 m[sup]2[/sup] site that will become a new cross dock platform in Créteil, France. The site was purchased from PostImmo and the transaction was 70% funded by Société Générale and French financial services group, CIC.
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PropertyEU Archive
250,000 m[sup]2[/sup] of industrial space under development in Poland: Colliers
Some 251,000 m² of modern warehouse space is under construction in Poland at present, with most of the projects located in regional centres, property adviser Colliers International has said in a sector summary covering the first half of 2012.
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PropertyEU Archive
Retail investment slows as supply dries up: CBRE
European retail investment activity edged up 6% to EUR 6.13 bn in Q2 2012 compared to EUR 5.75 bn in the first three months of the year, but was down 33% over the first half compared to the last six months of 2011. The H1 2012 figure came in at ...
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PropertyEU Archive
European retail property volumes down in H1 2012: JLL
Retail real estate investment picked up in Q2 2012, following the subdued volumes experienced in Q1, Jones Lang LaSalle has said.
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PropertyEU Archive
Eurozone woes set to depress office rents further
Prime office rents increased in the second quarter of 2012 in Düsseldorf (+4.2%) and Berlin (+2.3%), but declined in Dublin (-6.5%), Madrid (-2.0%), Barcelona (-1.4%) and Paris (-1.2%), according to Jones Lang LaSalle's Property Clock for Q2 2012.
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PropertyEU Archive
Poland accounts for 70% of CEE real estate deals in H1 2012
Poland accounted for close to 70% of the estimated EUR 1.25 bn of real estate transactions in Central and Eastern Europe during the first half of 2012, according to Jones Lang LaSalle. The property adviser recorded EUR 877 mln of transactions across all sectors in Poland, a marginal drop of ...
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PropertyEU Archive
Warsaw sees strong office takeup in H1 2012: CBRE
Almost 300,000 m[sup]2[/sup] of office space was leased in Warsaw during the first half of 2012, slightly less than in the corresponding period the year before, according to CBRE' latest 'Warsaw Office Market View.
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PropertyEU Archive
Beni Stabili to sell earthquake-resistent building for L'Aquila prefecture
Italian REIT Beni Stabili has agreed to sell an office property in the city of L'Aquila to INAL (Italian institute for work-related injury insurance) for about EUR 20 mln. The corso Federico II will be transferred to INAL after it undergoes work to upgrade it from class n.3 to class ...
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PropertyEU Archive
Germany may not remain unaffected by euro crisis: RICS
Germany and Russia are the top performers in the RICS Global Commercial Property Survey for the second quarter of 2012. However, RICS cautions that there are expectations Germany will improve at a more modest pace in comparison to previous quarters.
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PropertyEU Archive
Ascott snaps up London hotel for EUR 200m
Singapore-based serviced residences group The Ascott Limited is acquiring the Cavendish Hotel in London for £158.8 mln (EUR 200 mln). Ascott said it will transform the 230-room hotel in a luxurious serviced residence under the premier Ascott The Residence brand when it takes over management of the asset in the ...
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PropertyEU Archive
C&W sees investment volume falling 11% in 2012
Real estate investment volume in EMEA will total some EUR 112 bn this year, a drop of 11% on 2011, according to David Hutchings, Head of European Research at Cushman & Wakefield.
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PropertyEU Archive
Offices back in favour as property investment slows in H1 2012
The eurozone debt crisis continues to cast a shadow over commercial property investment markets, but volumes rose nevertheless in the second quarter of 2012 by 8% to EUR 29.2 bn compared with Q1, according to research from Cushman & Wakefield.
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PropertyEU Archive
German resi deals set to top EUR 10b in 2012: Savills
The German residential portfolios market is on track to reach a total turnover of EUR 10 bn in 2012, after posting EUR 6.13 bn in transactions in the first six months of the year, according to international real estate advisor Savills. The H1 2012 total is the highest in five ...
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PropertyEU Archive
European mall completions set to jump 25% in 2012: CBRE
New shopping centre development in Europe is expected to increase by 25% in 2012 to meet retailer demand for modern, high-quality retail space, according to the latest research by global property adviser CBRE.
