Latest reports – Page 2820
-
PropertyEU Archive
Dubai World gears up to sell Gazeley: report
International logistics property developer Gazeley may be put up for sale by its owner Economic Zones World (EZW), according to anonymous sources cited by Reuters news agency. EZW, a unit of Dubai World, is considering the sale to help repay £1.3 bn (EUR 1.5 bn) of debt, according to the ...
-
PropertyEU Archive
Blackstone acquires UK industrial portfolio for EUR 252m
US private equity firm Blackstone has acquired the 13-asset Teal industrial property portfolio in the Midlands and North-East of the UK for a total of EUR 252 mln.
-
PropertyEU Archive
Eurozone break-up would pressure rents and capital values
A break-up of the eurozone would lead to more enduring downward pressure on rents in Europe, especially in those countries that exit the monetary union, DTZ claims in its Global Outlook report for 2012.
-
PropertyEU Archive
Blackstone fund acquires 6th mall in Poland
US private equity group Blackstone has announced the acquisition of Galeria Têcza shopping mall in the Polish city of Kalisz for EUR 37 mln. The vendor was Warsaw-listed real estate developer/investor Rank Progress.
-
PropertyEU Archive
Polish real estate volumes hit four-year high in 2011
Polish real estate investment volumes reached EUR 2.5 bn last year - the highest level since 2007, according to Jones Lang LaSalle. The transaction volumes across all sectors in 2011 marked a 28% increase year-on-year and over three and a half times the level recorded in 2009.
-
PropertyEU Archive
LaSalle creates $1b global investment JV
Global investment firms LaSalle and Quantum Global Real Estate have created a joint venture to invest in large real estate assets around the globe. The initial focus is expected to be Australia, France, Germany, the UK and the US.
-
PropertyEU Archive
DTZ sees debt funding gap rising 50%
The debt funding gap for commercial real estate in Europe is set to increase by up to 50% by 2014, or a total of $249bn (EUR 188.2 bn), as new regulations force European banks to deleverage, DTZ claims in its newly published Global Outlook for 2012.
-
PropertyEU Archive
Funds propel French volumes in December-January to EUR 4b
Non-listed funds propelled French real estate investment volumes into second place behind the UK in the last two calendar months, according to data on the most active European markets at the turn of the year from PropertyEU Research.
-
PropertyEU Archive
French investment climate deteriorates most: Union
The property investment climate in France deteriorated more than in the UK and Germany over the six months to end-2011, according to Union Investment's latest survey which polled 167 investors in Germany, France and the UK.
-
PropertyEU Archive
Prime office rents edge up in Q4 2011: JLL
Global real estate markets are showing steady improvements even though economic uncertainty still affects the main centres, according to Jones Lang LaSalle's new suite of global forecasting reports.
-
PropertyEU Archive
Top Spanish banks take EUR 6b of property provisions
Three of Spain's largest banks have said they are setting aside an extra EUR 6 bn to cover bad real estate assets on their balance sheets.
-
PropertyEU Archive
Finland's Citycon sees EPS drop 85% on devaluations
Finnish listed retail specialist Citycon saw its earnings per share drop 85% to EUR 0.05 in 2011, from EUR 0.34 a year before, largely as a result of devaluations in its portfolio.
-
PropertyEU Archive
Germany and Poland to emerge strongest from crisis: Union
The German and Polish property markets will come out of the euro debt crisis more strongly than any other country in Europe, according to Union Investment's latest investment climate study which polled 167 property investors in Germany, France and the UK.
-
PropertyEU Archive
F&C REIT transacts EUR 1.3b in 2011
London-based pan-European investor F&C REIT said it carried out more than £1.1 bn (EUR 1.3 bn) of property transactions in 2011.
-
PropertyEU Archive
Development Securities confirms NAMA talks
London-listed developer Development Securities has confirmed it is in talks with the Irish National Asset Management Agency (NAMA) about buying various assets.
-
PropertyEU Archive
Klépierre to offload EUR 1b of assets by end-2013
French listed retail group Klépierre plans to sell EUR 1 bn of assets by end-2013 in a bid to finance its development programme and strengthen its financial position. 'The stepping-up of our disposal programme will allow Klépierre to improve its financial profile and to contribute to the financing of our ...
-
PropertyEU Archive
CBRE expects 20% rise in earnings in 2012
CB Richard Ellis said on Wednesday it expects to post earnings per share of $1.20 to $1.25 this year after having reported earnings of $1.03 in 2011.
-
PropertyEU Archive
Abu Dhabi recruits ex-Carrefour property boss
Abu Dhabi Investment Authority has appointed Pascal Duhamel as head of European real estate investments. Duhamel stepped down as head of the property arm of Carrefour in November last year after the French retail giant suspended plans to spin off the division due to worsening market conditions.
-
PropertyEU Archive
Russian retailer moves into Poland
Russian footwear and accessories retailer Kari has announced plans to open 30 stores in selected shopping centres and galleries in Poland during 2012. Jones Lang LaSalle is advising Kari on acquiring suitable retail spaces and developing the brand's expansion strategy for the Polish market.
-
News
CalSTRS awards $500m infrastructure mandate to Australia's IFM
IFM to invest in diversified portfolio of core assets in North America, Europe.
