Latest reports – Page 2975
-
PropertyEU Archive
MEC buys 150 Leadenhall Street
Mitsubishi Estate Company (MEC) has bought 150 Leadenhall Street, EC3, London, the UK headquarters of fellow Japanese company Tokio Marine. The financial details were not disclosed.
-
PropertyEU Archive
PropertyEU Magazine - May 2011
The cover story in the May 2011 edition of PropertyEU Magazine examines 'the value of green'. Sustainability initiatives are proliferating in the European property sector as companies seek to 'green' their existing buildings and portfolios in the face of mounting legislative and shareholder pressure. But does sustainability pay off? And ...
-
PropertyEU Archive
Redefine buys Harrow shopping centre for EUR 68m
AIM-listed South African investor Redefine International has acquired the St George's leisure and shopping centre in Harrow, north of London from Propinvest for £60 mln (EUR 68 mln). Developed in 1996, the scheme offers 20,500 m[sup]2[/sup] of space let to Vue Cinemas, Fitness First, Wilkinsons and Boots.
-
PropertyEU Archive
Knight Frank names new Spanish boss
Property adviser Knight Frank has appointed Alberto Prieto as managing director of its Spanish office. His appointment follows the departure of Frédéric Mangeant, who has led the group's Spanish business for the past 20 years.
-
PropertyEU Archive
First Growth structures EUR 80m Paris tower deal
First Growth Real Estate Capital (FGREC) structured and arranged the buy-out of GE Capital's 50% stake in the Mercuriales Towers, Paris with a senior-mezzanine loan refinancing in excess of EUR 80 mln. The vendor was Groupe Colbert, owner of the other 50%.
-
PropertyEU Archive
CBRE Investors launches EUR 1.1b 'DC' property fund
CB Richard Ellis Investors (CBRE Investors) has launched a Defined Contribution (DC) property fund which aims to build up a EUR 1.1 bn diversified commercial portfolio in the UK.
-
PropertyEU Archive
Rebranded InfraRed Capital Partners plans new fund launches
Following the management buyout of HSBC Specialist Investments and its rebranding as InfraRed Capital Partners, the company now has plans to launch additional funds, InfraRed’s chief executive, Werner von Guionneau, told PropertyEU.
-
PropertyEU Archive
Henderson acquires phase 1 of Ashford Retail Park
Henderson Global Investors has acquired Phase 1 of Ashford Retail Park in Kent, for £14.25 mln (EUR 16 mln), representing an equivalent yield of 5.4%. Henderson purchased the 5,100-m[sup]2[/sup] site on behalf of its £1.1 bn UK Retail Warehouse Fund from the Local Authorities' Mutual Investment Trust (LAMIT).
-
PropertyEU Archive
APG sells PEPR stake after Prologis raises offer
Dutch pension fund APG has agreed to sell its 12% stake in Prologis European Properties (PEPR) after Denver-base ProLogis raised its offer for the Amsterdam-listed company to EUR 6.20.
-
PropertyEU Archive
Retail sector leads property value growth
Retail stood out as the strongest performing segment in terms of property value growth in Q1 this year, according to CBRE's European Valuation Monitor.
-
PropertyEU Archive
Meyer Bergman strengthens team
European real estate investment management firm Meyer Bergman has appointed Renee Moran as asset manager, in order to grow its dedicated shopping centre asset management team.
-
PropertyEU Archive
Atrium completes EUR 171m Promenada acquisition
Euronext-listed retail specialist Atrium European Real Estate said on Friday that it has completed the acquisition of the Promenada shopping centre in Warsaw, Poland for EUR 171 mln from Carpathian. The purchase was first announced at end December 2010.
-
PropertyEU Archive
UK commercial real estate investment up 41%
Direct commercial real estate investment in the UK climbed 41% year-on-year to £8 bn (EUR 9 bn) in the first quarter of 2011, highlighting a return of cautious optimism to the market, according to new research released from Jones Lang LaSalle (JLL).
-
PropertyEU Archive
Viveris links up with Schroder in European fund
Schroder Property has announced plans to partner with Viveris REIM in the launch of the first ever European OPCI investment vehicle aimed at French institutional investors.
-
PropertyEU Archive
PREI completes £492m mezzanine debt fund
Pramerica Real Estate Investors (PREI) said on Friday that it has completed a £492 mln (EUR 558 mln) fund to provide financing for commercial property transactions on behalf of institutional investors in its closed-end Pramerica Real Estate Capital 1 Fund. Pramerica, the European real estate investment arm of US group ...
-
PropertyEU Archive
Hines Global REIT buys into Russian logistics
International developer and investor Hines has acquired the FM logistic industrial park from AIG European Real Estate Partners for an undisclosed amount. The 70,000-m[sup]2[/sup] industrial complex is located two miles from Sheremetyevo Airport, one of two large international airports in Moscow and the primary hub for cargo transport in Russia.
-
PropertyEU Archive
Vastned makes foray into Bordeaux
Pan-European retail property fund VastNed Retail has entered the Bordeaux retail market with the acquisition of a prime high-street property portfolio from a private investor. The transaction represents an investment of some EUR 31 mln, reflecting a net initial yield of 5%.
-
PropertyEU Archive
European commercial property market on the rebound
Sentiment in the global real estate market improved during the first quarter of 2011, reflecting spreading economic recovery. In Europe, Germany was one of the strongest performers, reports the latest RICS Global Commercial Property Survey, published on Friday.
-
PropertyEU Archive
Icade picked for 100,000-m[sup]2[/sup] Veolia project
French property group Icade said it has entered into exclusive talks with Veolia Environnement regarding the potential development of a new 100,000 m[sup]2[/sup] complex which will house the future Paris office of the group in the Millénaire district of Paris. A decision is expected to be made in early 2012.
-
PropertyEU Archive
King Sturge boosts Prague team
King Sturge has bolstered its European network with three new appointments in Prague. The property services firm said it has appointed Markéta Hodaová to the position of new head of Asset & Property Management in the Czech capital.
