Latest reports – Page 2908
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PropertyEU Archive
Curzon fund acquires Glasgow office for EUR 23m
Pan-European property investment manager Tristan Capital has announced that one of its funds has acquired a newly-developed office building for EUR 23 mln. The vendor was Lloyds Bank through administrators Grant Thornton.
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PropertyEU Archive
C&W to property manage for new Henderson fund
Global real estate adviser Cushman & Wakefield (C&W) has been commissioned to provide property management services to the recently launched Henderson German Retail Income Fund (HGRIF).
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PropertyEU Archive
Private investor buys shop units in Amsterdam
A private investor has acquired five retail units on one of the most exclusive shopping streets in Amsterdam. The financial details were not disclosed but PropertyEU estimates the investment volume of EUR 18 mln. This reflects a yield below 4.75%.
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PropertyEU Archive
Deka acquires Biz Two office complex in Vienna
German fund manager Deka Immobilien is buying the Bis Two office complex in Vienna on behalf of the open-ended property fund Westinvest Immovalue. The vendor is Austrian developer IC Projektentwicklung. The financial details were not disclosed.
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PropertyEU Archive
Commerz Real closes EUR 700m power grid deal
Commerz Real has completed the groundbreaking acquisition of a majority stake in the German energy giant RWE's transmission grid for EUR 700 mln.
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PropertyEU Archive
Majoirty of Von Essen Hotels under offer
Property adviser Christie + Co has said that that 19 out of 28 of Von Essen Hotels in the UK are now under offer following two rounds of a bidding process.
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PropertyEU Archive
Grosvenor FM recruits Giles Wintle
Grosvenor Fund Management has appointed Giles Wintle as deputy managing director for Continental Europe. Wintle, who has 15 years experience in European real estate, joins from GIC Real Estate, where he oversaw the investment activity in France, Italy, Nordics, CEE and Russia.
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News
Low interest rates pose risks for Swiss property investors – Towers Watson
Effect of low interest rates 'delayed' due to three-year valuation cycle, consultancy says.
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News
Property deal roundup: BLME, Invesco, CWI, UBS Real Estate, Rockspring
BLME signs £14m construction facility with Brewery Square Development Company.
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News
European property market activity, prime rents stall in H1
Moscow provides one of few exceptions to otherwise largely static H1, says CBRE.
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News
Teesside pension fund seeks property manager to run £107m portfolio
Tender to involve constructing scheme's portfolio and recommending acquisitions.
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PropertyEU Archive
C&W wins Grontmij management services mandate
Cushman & Wakefield (C&W) has been appointed by engineering consulting firm Grontmij as its sole provider of account management services and preferred provider for other transaction services.
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PropertyEU Archive
McArthurGlen opens Roermond extension
Outlet centre specialist McArthurGlen has opened a 7,200 m[sup]2[/sup] extension at its Designer Outlet Roermond in the Netherlands. Based on the annual number of shoppers the Roermond asset is now the largest outlet centre in northern and western Europe, the company said.
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PropertyEU Archive
Steen & Ström expands holdings for new Kristianstad mall
Nordic retail specialist Steen & Ström has announced the purchase of two further properties on a site in Sweden where it plans to develop a new 62,000-m[sup]2[/sup] shopping centre. The acquisitions of a cinema and a Burger King in Kristianstad, will allow the Scandinavian shopping centre group to start the ...
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PropertyEU Archive
Goodman expands development team in Germany
Goodman has expanded its team in Germany with the appointment of Christof Prange and Lars Zimmermann. Both have extensive experience in the area of logistics real estate and will bolster Goodman's project development and acquisition activities in Germany.
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PropertyEU Archive
Henderson gets go-ahead for EUR 120m scheme
Henderson Global Investors (Henderson) has been granted outline planning approval for its retail-led scheme in the market town of Bishop's Stortford in England.
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PropertyEU Archive
LNR Partners names new head of investment management
Commercial property finance specialist LNR Partners Europe has appointed Derek Rich as its new director of investment management and business development.
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PropertyEU Archive
Christie + Co brings 5-star London hotel to market
Christie + Co has been appointed to to sell a five-star hotel on London's South Bank. The property adviser received the mandate from Maurice Moses and Angela Swarbrick, joint administrators of Hotel Verta and Verta Properties.
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PropertyEU Archive
CBREI shops in Berlin for Pan-European core fund
Global real estate investment manager CBRE Investors has made the first purchase in Germany for CB Richard Ellis Investors Pan-European Core Fund (PEC Fund). The fund - which has acquired four assets so far in Europe - has bought a retail complex in the centre of Berlin for an undisclosed ...
