Latest reports – Page 2851
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PropertyEU Archive
Allianz in running for Swedish mall portfolio
The property arms of insurance groups Allianz and AMF as well as Finnish listed property firm Citycon are believed to be in the running for a portfolio of three neighbourhood shopping centres in Stockholm under offer from Centeni. Currently owned by Royal Bank of Scotland, Centeni is the former joint ...
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PropertyEU Archive
MSREI asks investors for more time to spend EUR 2b
Morgan Stanley's property arm is asking investors for more time to spend almost $2.5 bn (EUR 1.9 bn) of committed equity on real estate assets, according to a news report in the Financial Times.
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PropertyEU Archive
Savills brings London landmark to market
Savills has confirmed its appointment to sell the long leasehold interest in Admiralty Arch, London, SW1, on behalf of the UK government.
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PropertyEU Archive
Germany's Mfi bags Gera Arcaden mall for EUR 107m
German shopping centre specialist Management für Immobilien is buying the Gera Arcaden shopping centre in Thüringen for EUR 107 mln. The vendor is WestFonds 4 Gera Arcaden KG, a fund managed by WestLB, the real estate arm of German bank WestLB.
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PropertyEU Archive
Orion in talks to buy EUR 600m of NAMA loans
Orion Capital Managers has been selected as preferred bidder for a loan portfolio with a face value of EUR 600 mln being sold by Ireland's National Asset Management Agency, according to a news report in PropertyWeek.
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PropertyEU Archive
British Land, USS back UK mall scheme
UK REIT British Land and pension fund Universities Superannuation Scheme have signed on for the development of a 28,000 m[sup]2[/sup] shopping centre in the UK.
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PropertyEU Archive
Icade launches EUR 300m revamp of Paris tower
French REIT Icade has unveiled plans to invest some EUR 300 mln in the full redevelopment of the former Descartes tower at the La Défense business district in Paris.
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PropertyEU Archive
Redefine International appoints new chairman
Redefine International, a London-listed property company, has confirmed the appointment of Greg Clarke as chairman following the retirement of Philippe de Nicolay.
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PropertyEU Archive
Ballymore sells London hotel for EUR 44m
Irish property group Ballymore has sold the Radisson Edwardian New Providence Wharf hotel in London, to Edwardian Hotels for £37.5 mln (EUR 44 mln).
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PropertyEU Archive
Thierry Juteau to head C&W's French investment team
Thierry Juteau starts as head of the investment department (capital markets group) at Cushman & Wakefield France in January. Prior to this he has headed the office letting team in France and has 20 years of experience in commercial real estate.
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PropertyEU Archive
Boekel de Nerée names RE partner
Ariën van Heesen is to become partner at Boekel De Nerée in January, joining 29 other shareholders in the Dutch law firm.
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PropertyEU Archive
HDG Mansur appoints new chief financial officer
HDG Mansur has appointed Thomas Kmiecik as executive vice president and chief financial officer. Until recently Kmiecik was senior treasury officer at Forest City Enterprises, a $12 bn (EUR 9 bn) NYSE-listed real estate development company.
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PropertyEU Archive
Helios hires Peeters from Goodman
Helios Europe has appointed Peter Peeters as chief technical officer for the logistics developer's EUR 1 bn pan-European development programme.
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PropertyEU Archive
Catella buys stake in Dutch asset manager
Stockholm-based Catella has become the only institutional shareholder in IPM Informed Portfolio Management through the acquisition of just over 5% of the shares in IPM's Dutch holding company. In a press release, Catella said it intends to increase its ownership stake in the long term as part of its plans ...
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PropertyEU Archive
Orchard St expands after winning EUR 900m mandate
Orchard Street has recruited six staff after winning an investment management mandate for St James's Place Wealth Management. The mandate is for £800 mln (EUR 932 mln) of property funds which brings Orchard Street's total funds under management to £2.5 bn.
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PropertyEU Archive
Henderson awards UK management mandate
UK-based fund manager Henderson has appointed M J Mapp to manage 21 real estate assets in London and Edinburgh with a combined value of £420 mln (EUR 490 mln).
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PropertyEU Archive
Östberg joins Savills Sweden
Savills has appointed Fredrik Östberg to its Swedish investment team in Stockholm as a director. He will be part of the investment team's management group with a focus on building client relations and transactions.
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PropertyEU Archive
Prologis leases 930,000 m[sup]2[/sup] in CEE
Industrial real estate specialist Prologis has leased more than 930,000 m[sup]2[/sup] of space in Central and Eastern Europe in the first three quarters of the year, up 20% on the same period in 2010.
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PropertyEU Archive
Aareal finances logistics portfolio in Germany and Poland
German lender Aareal Bank has provided a loan of EUR 300 mln to refinance a logistics property portfolio owned by the Goodman European Logistics Fund (GELF). The portfolio comprises 34 properties in Germany and Poland with a total lettable area of over one million m[sup]2[/sup].
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PropertyEU Archive
Wihlborgs buys office in Lund for EUR 34m
Swedish company Wihlborgs Fastigheter has acquired an office property in the Swedish city of Lund for SEK 310 mln (EUR 34 mln). The vendor was development and construction group Skanska.
