Latest reports – Page 2928
-
PropertyEU Archive
Eurosic agrees EUR 350m GE portfolio deal in France
French real estate investment trust Eurosic has signed a preliminary agreement to acquire GE Capital Real Estate's EUR 346 mln office property portfolio in France.
-
PropertyEU Archive
Rinascente owners close operational sale to Thailand's Central Retail
Shareholders in the Italian department store group Rinascente on Thursday finalised the sale of the operational business to Centrail Retail Corporation (CRC), Thailand's largest retail group. The transaction price amounted to EUR 205 mln in cash and the assumption of EUR 55 mln in debt.
-
PropertyEU Archive
CBRE's net profit rises 12% in Q2
CB Richard Ellis (CBRE) posted net profit of $61.2 mln in the second quarter of 2011, a rise of 12% year-on-year and largely due to strong property leasing and sales activities.
-
PropertyEU Archive
Europe's property market reflects divided recovery: RICS
Despite the recent economic difficulties, most commercial property markets remain robust, with the largest economies of Germany and France reporting strong performances, according to the latest RICS Global Commercial Property Survey published on Thursday.
-
PropertyEU Archive
C&W adds to its EMEA facilities management team
Cushman & Wakefield (C&W) has hired Andrew Smart to transform the recently acquired Corporate Occupier Solutions into 'a major new service line' for the group.
-
PropertyEU Archive
Coopsette, Pizzarotti JV sells retail gallery in Parma for EUR 30m
A 50/50 partnership between Italian developer Coopsette and local construction firm Impresa Pizzarotti has sold the Eurosia retail gallery in Parma, northern Italy for around EUR 30 mln, PropertyEU has learnt.
-
PropertyEU Archive
Ireland's Nama posts EUR 1.1b loss in 2010
Ireland's state-run bad bank, the National Asset Management Agency (Nama) unveiled a loss of EUR 1.18 bn in its first year in operation as a result of massive impairment charges of EUR 1.48 bn.
-
PropertyEU Archive
Köntgen appointed new chairman of Eurohypo
German bank Eurohypo has appointed Thomas Köntgen as new chairman of the board of managing directors with effect from 1 September 2011. He is taking over from Frank Pörschke, who is leaving the bank by mutual agreement.
-
PropertyEU Archive
KanAm fund sells Lumion scheme in Geneva
German fund manager KanAm has sold the Lumion office scheme opposite the Geneva airport in Switzerland for CHF 72 mln (EUR 63 mln), a 20% premium on its book value of CHF 59 mln. The companies agreed not to disclose the name of the buyer.
-
PropertyEU Archive
Uncertainty takes its toll on Irish returns in Q2: IPD
Doubt at home and abroad has seen Irish property returns fall back into negative territory in the second quarter of this year. The decline of 3%, was the lowest rate since September 2009, according to the SCSI/IPD Ireland Quarterly Property Index.
-
PropertyEU Archive
C&W closes $500m of senior debt agreements
Cushman & Wakefield (C&W) has completed $500 mln worth of new senior secured credit agreements in an attempt 'to provide greater flexibility and more favourable terms to support its global growth initiatives'.
-
News
German pension funds club together in high-voltage deal
Schemes say deal supports government's new energy policy in wake of nuclear disaster in Japan.
-
News
Ontario Teachers Pension Plan snaps up major parking firm
Pension fund acquires Vancouver-based Imperial Parking Corporation for undisclosed sum.
-
News
Property deal roundup: PP Pension, Kungsleden, AP3, OMERS, LaSalle, Heitman
Sweden's PP Pension buys two office buildings in drive to diversify away from residential
-
News
Recent deals show strength of Canadian property market, says Dundee
Dundee REIT to buy 29 office properties worth $881m from private equity giant Blackstone.
-
News
IFM acquires infrastructure asset in Poland, seeks other European deals
Australian, not-for-profit pension-fund group acquires 85% stake in Warsaw heating network.
-
PropertyEU Archive
Orchard St buys Cardiff Bay retail park
Orchard Street Investment Management has completed the acquisition of the Cardiff Bay retail park from Invista Real Estate Management and Schroders for £54.5 mln (EUR 62 mln), reflecting a net initial yield of 6.25%.
-
PropertyEU Archive
European office supply restricted until 2013: CBRE
New office completions in major European markets could fall by over 30% in 2011 compared with 2010 and could decline further in 2012 as the low level of construction starts during the economic crisis feeds through, according to a new report by CB Richard Ellis (CBRE).
-
PropertyEU Archive
Europe’s office markets continue to perform at two speeds: JLL
Prime office rents across Europe continued to grow modestly in the second quarter of 2011, according to Jones Lang LaSalle’s latest European Office Clock report.
-
PropertyEU Archive
RREEF acquires logistics platform for EUR 42m
Deutsche Bank's real estate investment management arm, RREEF has acquired a 69,000-m[sup]2[/sup] logistics platform in Cestas, near Bordeaux, for a total of EUR 42 mln. The property, which is earmarked for RREEF's Grundsbesitz Europa open-ended real estate fund, was acquired from a vehicle managed by fund management firm AEW Europe. ...
