Latest reports – Page 2862
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PropertyEU Archive
Wereldhave acquires London mall for EUR 182m
Amsterdam-listed property company Wereldhave is acquiring Ealing Broadway shopping centre in West London. The investment volume of EUR 182 mln reflects a net initial yield of 6.5%.
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PropertyEU Archive
MWB closes EUR 120m hotel sale-and-leaseback in UK
London-listed hotel group MWB has completed the sale-and-leaseback of five hotels for a combined total of £103 mln (EUR 120 mln).
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PropertyEU Archive
MAPIC: Corio backs pop-up mall concept for Continental Europe
Corio is supporting moves to bring the pop-up mall to Continental Europe. The Amsterdam-listed shopping centre investor has signed an agreement with Boxpark to explore the expansion of the concept in European markets.
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PropertyEU Archive
MAPIC: Docks 76 obtains BREEAM in use cert
Unibail-Rodamco's Docks 76 scheme has become the first shopping centre in France to achieve a 'Very Good' environmental performance reference under the BREEAM in Use assessment for existing buildings.
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PropertyEU Archive
IVG Funds re-acquires Bonn office building from Degi
The institutional funds arm of German listed property company IVG has re-acquired the Holland House office building in Bonn from Aberdeen Asset Management's Degi Global Business fund. The price was not disclosed but Aberdeen said it was at the market value level determined by the last independent review.
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PropertyEU Archive
MAPIC: JLL adds to European retail team
Global property adviser Jones Lang LaSalle has appointed Marina Vidal to its EMEA retail development team as general contractor. Vidal will be responsible for leading JLL's European retail service offering with Tetris Projects, a subsidiary that offers a one-stop-solution for fit-out and refurbishment projects.
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PropertyEU Archive
MAPIC: C&W expands European retail team
Property adviser Cushman & Wakefield has announced a string of appointments to its 450-strong European retail team in key markets. The latest appointments are in Turkey, Spain, France and the UK.
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PropertyEU Archive
MAPIC: Rents for prime European malls predicted to hold up
Rents in prime European shopping centre markets will likely remain stable over the next two years due to a sharp decline in new assets coming to the market, real estate adviser Savills has predicted.
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PropertyEU Archive
WP Carey provides EUR 41m development financing in Croatia
New York-listed investor WP Carey has provided EUR 41 mln construction financing to Austrian developer BOP for a retail project in Croatia.
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News
USS joint venture with Metric targets small UK retail parks
Henderson backs retail warehousing in 'immature' markets not yet exploited by asset managers.
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News
Wednesday people roundup
CBRE Global Investors, Europa Capital, Cushman & Wakefield, Savills, Meyer Bergman, KPMG
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News
Warburg-Henderson goes shopping in London for pension funds
UK/German joint venture to set up a €300m pan-European property Spezialfonds.
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News
UK Treasury calls for 'stronger role' in infrastructure for pension funds
Chancellor of exchequer announces review of Private Finance Initiatives to rebalance risk.
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PropertyEU Archive
Franco-British investor buys Slovak assets for EUR 60m
Franco-British family-owned real estate group JF Hamilton has acquired real estate assets for EUR 60 mln in the largest transaction in the Slovak development market this year.
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PropertyEU Archive
MAPIC: Auchan to anchor Russian shopping centre
French hypermarket group Auchan is to take 20,000 m[sup]2[/sup] of space as anchor tenant in a shopping and entertainment centre in the Russian city of Tyumen. Cushman & Wakefield advised on the deal.
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PropertyEU Archive
Austria tops CEE property lending index
Banks are most positive by far about real estate lending in Austria than in any other country in Central and Eastern Europe. Austria took the top spot in an index of property financing sentiment in CEE recently compiled by global accountancy firm KPMG.
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PropertyEU Archive
MAPIC: malls win market share across CEE
Retailers entering or expanding across Central and Eastern Europe and southern Europe are still favouring shopping centres over retail parks. This trend is closely linked to the availability of real estate, as shopping centres still dominate the retail scene across the region, according to Jones Lang LaSalle.
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PropertyEU Archive
HB Reavis buys Warsaw land plots for EUR 39m
Slovak-based real estate developer-investor HB Reavis has won two tenders to acquire land plots in Warsaw for PNL 171 mln (EUR 39 mln). The vendor is Polish state railway company PKP.
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PropertyEU Archive
MAPIC: retailers look to Asia as European sales soften
Retailers are increasingly focusing on expansion in Asia as the economic environment worsens across Europe.
