Latest reports – Page 2751
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PropertyEU Archive
Beni Stabili Siiq confirms sale of stake in BSPS unit
Italy's Beni Stabili Siiq has confirmed the sale of a large part of its property management arm, Beni Stabili Property Service, to Banca Finnat Euramerica and the Benetton family.
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PropertyEU Archive
Union embarks on EUR 70m extension to Belgian mall
Union Investment is to invest around EUR 70 mln to extend Les Grands Prés shopping centre in the Belgian city of Mons. The move follows a decision by Swedish retail giant Ikea to build a new store on the site.
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News
Partners Group raises $800m for global real estate strategy
Core pricing prompting investors to look outside domestic markets, says Claude Angeloz.
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News
Deutsche Bank to keep RREEF
Alternatives arm may play role in future plans as exclusive talks with Guggenheim fail.
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News
‘Full-fat’ Solvency II could push pensions out of property
IORP Directive threatens pension fund allocations, warns PwC’s John Forbes.
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News
Asian real estate outperformed during crisis – IPD
Pan-Asia region posts 8.4% return for 2011 as IPD works towards global benchmark.
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News
Euro crisis to weigh on UK property – Knight Frank Investors
Manager identifies ‘near double digit’ return opportunity on secondary assets.
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PropertyEU Archive
Gavrilov to lead CBRE Russia's research department
CBRE has announced the appointment of Valentin Gavrilov as director of the research department in Russia. Gavrilov will be responsible for the data management and analytical support of all CBRE business lines. He reports to Alexander Polenok, managing director of CBRE in Russia.
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PropertyEU Archive
Echo gets green light for Budapest mall
Polish listed real estate developer Echo Investment has received permission for the construction of the Mundo shopping mall in Budapest's Zuglo district. Designed by Hungarian architectural studio Bánáti + Hartvig Architect in cooperation with Studio Quadra, the scheme will combine commercial, entertainment, service, office and recreational functions. It will provide ...
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PropertyEU Archive
ECE teams up with Renaissance on Russian mall
German retail specialist ECE is taking over the initial leasing and the centre management of the Aura shopping centre project in the Russian city of Yaroslavl.
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PropertyEU Archive
Altarea boosts capital by EUR 70m
French retail specialist Altarea is to increase its equity base by EUR 69 mln after an overwhelming majority of shareholders opted for the payment of the 2011 dividend in shares.
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PropertyEU Archive
ANF in talks to sell 160 hotels to FdM and la Française
French REIT ANF Immobilier is in exclusive negotiations with Foncière des Murs and La Française REM regarding the sale of a portfolio of hotels under the B&B brand, the company said in a statement.
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PropertyEU Archive
Benetton family, Finnat bank buy into Beni Stabili's property management unit
The Benetton family and Banca Finnat Euroamerica Group have signed a preliminary agreement to buy a controlling stake in Beni Stabili Property Service (BSPS), PropertyEU has learnt.
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PropertyEU Archive
HB Reavis snaps up Prague site for office development
Slovak development company HB Reavis has acquired the Metronom East development site in Prague from a group of private Austrian investors. The financial details of the transaction were not disclosed.
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PropertyEU Archive
Guggenheim, Deutsche Bank terminate talks on RREEF
Deutsche Bank and Guggenheim Partners have ended negotiations on the potential sale of RREEF, Deutsche Bank's global alternative asset management business, after failing to reach an agreement.
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PropertyEU Archive
French insurer shops in Lyon for EUR 75m
French insurer Unofi Assurances has purchased the Lugdunum office building in the Part Dieu district of Lyon for a price of EUR 75 mln, excluding taxes. The vendors are Sogelym Dixence and Europequipement.
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PropertyEU Archive
Cordea Savills raises EUR 31m in first close for London resi fund
Property investment manager Cordea Savills has had a first close of its Prime London Residential Development Fund following the commitment by a global private bank to provide £25 mln (EUR 31 mln) of initial equity. Further closings of the fund are scheduled over the next 12 months, with a second ...
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PropertyEU Archive
Global mall development at 'all-time high' - CBRE
Global shopping centre development continues apace with growing middle class populations and retailer expansion leading to unprecedented levels of construction and new openings, largely in emerging markets, according to property advisor CBRE.
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PropertyEU Archive
Cushman & Wakefield adds to Russian advisory team
Property adviser Cushman & Wakefield has appointed Evgeny Popov and Richard Tibbott to its advisory team in Russia.
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PropertyEU Archive
Savills acquires residential property agent on French Riviera
Property adviser Savills has strengthened its overseas residential network with the acquisition of Riviera Estates in the south of France. Riviera Estates has been a Savills International associate for 10 years and is one of the top luxury property agents on the Cote d’Azur.
