Latest reports – Page 2792

  • News

    Experts call on UK government to tackle construction risk in infrastructure

    2012-03-29T10:30:00Z

    Government initiative to attract few pension funds unless it addresses greenfield construction risk.

  • PropertyEU Archive

    Assura names British Land finance boss as CEO

    2012-03-29T00:00:00Z

    UK's primary healthcare property company Assura has appointed Graham Roberts as its new chief executive officer. Roberts joins from UK REIT British Land where he has held the post of finance director for the past 10 years, overseeing £21 bn of investment and development transactions.

  • PropertyEU Archive

    Colliers International UK unit has 'a skip in its step'

    2012-03-29T00:00:00Z

    Colliers International UK unit has 'a skip in its step' following the acquisition by Toronto-based FirstService Corporation, the company’s CEO Tony Horrell told PropertyEU.

  • PropertyEU Archive

    Multi targets mid-sized towns in Germany

    2012-03-29T00:00:00Z

    Multi Development is targeting more mid-sized cities in Germany for new retail projects, Herman Kok, international research director, told journalists at the opening of the company's new Arneken Galerie in Hildesheim on Thursday. The company already has five projects under development in the largest market in Continental Europe and is ...

  • PropertyEU Archive

    Hines disposes of mixed-use scheme in Stuttgart

    2012-03-29T00:00:00Z

    Germany's state-owned Baden-Württemberg-Stiftung foundation has acquired the Postquartier mixed-use development project in Stuttgart from US developer-investor Hines. According to a news report in Immobilienbrief Stuttgart, the deal price is between EUR 130 and 140 mln.

  • PropertyEU Archive

    Investors urged to cast net wider in CEE

    2012-03-29T00:00:00Z

    Cross-border investors should consider opportunities in other markets in Central and Eastern Europe rather than focus exclusively on Poland and the Czech Republic, according to Andreas Ridder, chairman for CBRE in the CEE region.

  • PropertyEU Archive

    Philips confirms sale of High Tech Campus for EUR 425m

    2012-03-29T00:00:00Z

    Dutch electronics group Philips has sold its High Tech Campus in the city of Eindhoven to a consortium led by private investor Marcel Boekhoorn for EUR 425 mln, the two parties confirmed on Thursday. The deal is the biggest single-asset property transaction ever to be closed in the Netherlands.

  • PropertyEU Archive

    Eurohypo set to be wound down following EU agreement

    2012-03-29T00:00:00Z

    Commerzbank, Germany’s second-largest bank by assets, is expected to wind down rather than sell its troubled property lending arm Eurohypo following an agreement with the European Commission.

  • PropertyEU Archive

    Land Secs divests London mixed-use scheme for EUR 280m

    2012-03-29T00:00:00Z

    UK REIT Land Securities has exchanged contracts to sell its Arundel Great Court mixed-use development site overlooking the Thames for a headline price of £234 mln (EUR 280 mln). The buyer is Waterway PCP Properties, a Dubai-based private equity group fronted by Amanda Staveley.

  • PropertyEU Archive

    RREEF snaps up London's Park House for EUR 180m

    2012-03-29T00:00:00Z

    RREEF Real Estate, the real estate investment management business of Deutsche Bank's Asset Management division, said on Thursday that it has acquired Park House at Finsbury Circus in London on behalf of one of its German open-ended funds, Grundbesitz Europa, for £150 mln (EUR 180 mln). The seller is investment ...

  • PropertyEU Archive

    HSH places EUR 500m mortgage bond

    2012-03-29T00:00:00Z

    HSH Nordbank has placed a benchmark five-year mortgage pfandbrief to the tune of EUR 500 mln and bearing a coupon of 1.875%.

  • PropertyEU Archive

    German index posts record returns in 2011: IPD

    2012-03-29T00:00:00Z

    The total return before tax and financing for all German properties reached a record level of 5.5% in 2011, according to the latest research from the Investment Property Databank.

  • PropertyEU Archive

    Tristan and AEW snap up Leipzig complex

    2012-03-28T00:00:00Z

    London-based investment manager Tristan Capital Partners has teamed up with AEW Europe and German investment manager Caleus to acquire the 26,500 m[sup]2[/sup] ‘Forum am Bruhl’ office complex in Leipzig. The property was bought from RREEF. Financial details were not disclosed.

  • PropertyEU Archive

    Office take-up slips as confidence declines: JLL

    2012-03-28T00:00:00Z

    Office take-up across Europe fell by 2% to around 2.9 million m[sup]2[/sup] in the final quarter of 2011, according to a new report by Jones Lang LaSalle. The figure marked a decline of 9% on the year-earlier period, the adviser said, due to subsiding corporate confidence and increasing uncertainty during ...

  • PropertyEU Archive

    CBRE to market Malmo's Turning Torso tower

    2012-03-28T00:00:00Z

    Property advisor CBRE has been appointed to manage the sale of Europe's second-tallest residential building, the Turning Torso in the Swedish city of Malmo.

  • PropertyEU Archive

    Polish market maintains investor appeal: IVG

    2012-03-28T00:00:00Z

    New research from German property company IVG shows that Poland remains highly favoured among international investors and is set to increasingly outperform its Central European neighbours.

  • PropertyEU Archive

    IVG eyes turnaround after EUR 126m loss in 2011

    2012-03-28T00:00:00Z

    Listed German property firm IVG Immobilien on Wednesday reported a net loss of EUR 126 mln for the financial year 2011, following a number of significant impairment write-downs and major acquisitions.

  • PropertyEU Archive

    Canada's FirstService acquires Colliers UK

    2012-03-28T00:00:00Z

    Colliers International UK will in future operate as a wholly owned subsidiary of Canada's FirstService Corporation, the company announced on Wednesday. In addition, FirstService will assume the UK ownership interests in Ireland and Spain. FirstService now owns almost 90% of Colliers International by revenue globally.

  • PropertyEU Archive

    Patrizia targets AUM of EUR 10b by 2015

    2012-03-28T00:00:00Z

    Listed German property company Patrizia Immobilien aims to increase its assets under management to over EUR 10 bn by 2015, after coming close to the EUR 7 bn mark earlier this year following the EUR 1.4 bn residential deal with German bank LBBW.

  • PropertyEU Archive

    Peter Denton to chair real estate finance council

    2012-03-28T00:00:00Z

    Peter Denton has been named chair-elect of the CRE Finance Council Europe, a trade association dedicated to promoting the strength and liquidity of commercial real estate finance in Europe. Denton will begin his term as chair-elect immediately before taking up the position of chairman for a two-year term from November ...