Latest reports – Page 2769
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PropertyEU Archive
DTZ cuts investment forecast as debt crisis continues
DTZ has downgraded its European real estate investment forecast for 2012 due to the ongoing deterioration in Europe's economic outlook.
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PropertyEU Archive
Yevgeny Steklov named CFO at Mirland
Russian developer Mirland has announced the appointment of Yevgeny Steklov to the post of Chief Financial Officer following the resignation of Emil Budilovsky who decided to pursue other business interests.
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PropertyEU Archive
Lend Lease announces senior management hires
Lend Lease has appointed Dan Labbad as group chief operating officer (COO) with effect from 2 July 2012.
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PropertyEU Archive
Indirex works with new UK commercial property tracker fund
Investment manager MSS Real Estate and Indirex have devised an analytical platform to help with transparency on pricing, sector weightings and several other features ahead of the launch of the new FTSE UK Commercial Property Index Fund.
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PropertyEU Archive
Cordea Savills appoints Esther Lewis as director
Property investment manager Cordea Savills has appointed Esther Lewis as associate director of Institutional Business.
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PropertyEU Archive
P3 leases 95,000m[sup]2[/sup] of warehouse space in Q1
PointPark Properties (P3) leased out more than 95,000 m[sup]2[/sup] of warehouse space in the first quarter of 2012 in Germany, the Netherlands and Spain.
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News
San Francisco pension fund earmarks $450m for real estate
Pension fund earmarks as much as $400m for non-core investment strategies.
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News
Deal roundup: POBA, CBRE Global Investors, LaSalle IM
Korea's Public Officials Benefit Association buys City of London office for £165m.
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News
Thomson Reuters real estate indices target global diversification
Indices developed with Global Property Research primarily for the ETF market.
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News
AXA infrastructure fund III acquires Luxembourg utility
Company's third infrastructure fund to acquire 24% of Enovos for €330m by end of June.
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News
Danish pension fund PFA snaps up Copenhagen office for €70m
Property in Weidekampsgade on island of Amager has starting yield of more than 5%.
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News
Commitments to AP2 agriculture venture boosts assets to $2bn
Venture with TIAA-CREF sees commitments from Canadian asset managers and other unnamed investors.
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News
Institutional investors increasingly wary of emerging market asset bubbles
More than half of 800 survey respondents say markets at risk of overheating.
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PropertyEU Archive
Habona Invest acquires retail assets for EUR 20m
German closed-end fund manager Habona Invest has invested EUR 20 mln in nine retail properties across several towns in Germany. The new and development properties comprise a total of 14,000 m[sup]2[/sup].
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PropertyEU Archive
INREV launches fund of fund survey to improve due diligence
The European association for investors in non-listed real estate funds (INREV) has launched a new fund of fund due diligence questionnaire to enable investors to compare and analyse information on fund offerings more efficiently. The survey also includes a separate section on multi-manager accounts.
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PropertyEU Archive
Orchard Street acquires office building in central London
Orchard Street Investment Management has completed the acquisition of an office property in central London for £20.5 mln (EUR 25.6 mln). The purchase is the first for Orchard Street Special Situations Fund II, which was set up in April 2012.
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PropertyEU Archive
IVG reduces net loss to virtual break-even in Q1
IVG Immobilien narrowed its losses to EUR 4.8 mln in the first quarter of 2012 from a EUR 71 mln loss due to extraordinary factors in the last three months of 2011. Revenues climbed by almost EUR 25 mln to EUR 102 mln, largely due to an increase in net ...
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PropertyEU Archive
Patrizia opens office in London
German listed real estate company and fund manager Patrizia Immobilien is opening an office in London, adding to its existing international offices in Luxembourg and Sweden.
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PropertyEU Archive
C&W sees losses widen in Q1 on recruitment drive
Cushman & Wakefield saw losses widen to $24 mln (EUR 19 mln) in the first three months of 2012 from $8.7 mln in the year-earlier period, largely due to expenses incurred by its large-scale recruitment drive. The global independent global real estate adviser hired 400 staff in the first quarter ...
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PropertyEU Archive
Citycon Finnish boss quits over strategy differences
Helsinki-listed real estate company Citycon has announced that the head of its Finnish operations and vice president Michael Schönach is leaving the company with immediate effect due to a clash over strategy.
