Latest reports – Page 2935
-
PropertyEU Archive
CBRE expands pan-Ireland retail team
Property adviser CB Richard Ellis has appointed Shane Cahir and Niamh Riney as associate directors in its new pan-Ireland Retail Team. The team's first major mandate is joint letting agent, alongside Dublin-based Bannon Commercial, as joint letting agent for the 24,000-m[sup]2[/sup] Ilac shopping mall in the centre of the Irish ...
-
PropertyEU Archive
Deka buys logistics property in Netherlands
German fund manager Deka Immobilien has bought a logistics property in the southern Dutch city of Tilburg from developer Somerset Real Estate. The two parties agreed not to disclose the purchase price.
-
PropertyEU Archive
Tristan fund JV spends EUR 34m in Germany
London-based investment manager Tristan Capital Partners has bought the first property for its Curzon Capital Partners III (CCP III) fund since the first equity raising for the core-plus vehicle closed in June.
-
PropertyEU Archive
GI's Elystan vehicle goes after vacancy in Munich market
German real estate company Elystan is seeking to generate returns in the high teens by building up a portfolio of up to EUR 300 mln in value in Munich. The aim is to actively asset manage properties that have high vacancy levels or require refurbishment.
-
PropertyEU Archive
UK direct investment volumes tumble in Q2: JLL
The limited supply of prime product and a widening gap between Central London and the rest of the country contributed to a big decline in direct commercial real estate investment in the UK in the second quarter of 2011, according to new figures from Jones Lang LaSalle.
-
PropertyEU Archive
Pramerica forms French development JV to generate opportunistic returns
Pramerica Real Estate Investors said on Monday it has created a EUR 150 mln joint venture with French developer Groupe Hoche in a bid to meet the demand for new office and residential space among institutional clients.
-
PropertyEU Archive
Segro eyes speculative developments in Europe
UK REIT Segro is gearing up to develop speculative projects in select locations in Continental Europe. In its home market in the UK, Segro is already working on some speculative development at Slough Estate but it also sees opportunities in France, Germany and Poland, according to Andrew Gulliford, managing director ...
-
News
Consortium buys majority stake in German power grid operator
Innovative deal will give consortium, including Munich Re and ERGO, 74.9% share in Amprion.
-
News
Property people roundup
IVG Institutional Funds, Internos Real Investors, Colliers Deutschland, TRECAP Partners
-
News
LaSalle boosts Australian presence through Trinity takeover
Deal to increase LaSalle's Asia-Pacific AUM to US$9bn, with over a third in Australia.
-
PropertyEU Archive
MGPA to build spin-off German retail platform
MGPA is working to create an investment-grade German retail property company that can be spun off to the institutional market within the next few years. The new company will be built on a portfolio of 140 assets MGPA Europe Fund III acquired from German discount retailer Aldi last September. A ...
-
PropertyEU Archive
UK capital growth hits 2-year low in Q2: IPD
Capital growth in the UK real estate market fell to 0.4% in the second quarter of 2011, the lowest rate of growth since Q2 2009, according to the IPD UK Monthly Index. In June, the index booked capital growth of 0.2%.
-
PropertyEU Archive
Secondary suffers as shoppers, retailers and investors focus on prime
The impact of constrained public spending in the UK has led to real estate investors battling over the slim supply of prime retail assets and struggling retailers narrowing their focus to fewer locations where footfall remains strong, according to property adviser DTZ.
-
PropertyEU Archive
BT pension scheme backs new US property fund
The British Telecom Pension Scheme (BTPS) is making its first foray into US real estate by committing about EUR 100 mln to a new fund for institutional players. The HUH US Real Estate Income Fund (HUH) is a joint venture between Hermes Real Estate, the EUR 40 bn pension fund's ...
-
PropertyEU Archive
LaSalle swoops on EUR 490m Australian fund business
LaSalle, the EUR 30 bn global real estate investment manager arm of the Jones Lang LaSalle group, announced on Friday that it has entered into a definite agreement to acquire Trinity Funds Management (TFM) in Australia for almost EUR 7 mln. Brisbane-based TFM operates four funds and has about EUR ...
-
PropertyEU Archive
Anglo Irish selling EUR 7b US loan book - report
Some of the biggest global buy-out firms are said to be circling Anglo Irish Bank's $10 bn (EUR 7 bn) loan book in the US. Media reports originating from the US have named consortiums led by American International Group, Blackrock, Blackstone, Deutsche Bank and TPG.
-
PropertyEU Archive
Cofinimmo consortium to build EUR 100m jail in Belgium
Brussels-listed real estate company Cofinimmo is leading a public-private partnership consortium that is to build a prison in Leuze-en-Hainaut, Belgium. The Future Prisons consortium selected as preferred bidder for the EUR 100 mln project consists of Cofinimmo and Belgian construction companies Cordeel Zetel Temse and Willemen.
-
PropertyEU Archive
London bucks trend as office development falls 30%: CBRE
The buoyant Central London market, and to a lesser extent, Paris, are bucking the trend as the rate of new office completions plunges across most European markets. New research by CB Richard Ellis (CBRE) suggests completions could fall by as much as 30% over the whole of 2011 and decline ...
-
PropertyEU Archive
Segro seeks to expand datacentre concept in Europe
Segro sees potential to roll out its datacentre concept in mainland Europe, according to Andrew Gulliford, managing director Continental Europe. 'This is something we are looking at. We're seeing growth in demand and potential in large urban conurbations in Europe where we already have operations.’
-
PropertyEU Archive
TAG buys Berlin residential complex for EUR 18m
German listed real estate company TAG Immobilien AG has acquired a complex of 454 residential units and eight commercial units in Berlin-Hellersdorf for EUR 17.6 mln.
