Latest reports – Page 2986
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PropertyEU Archive
Hubertus Kobe named CEO of Corio Germany
Corio has announced that Hubertus Kobe is joining the listed European shopping centre specialist as CEO of its German operations. Kobe was managing partner of DTZ Zadelhoff Tie Leung until recently. He was also a member of the DTZ retail board EMEA-region.
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PropertyEU Archive
Klépierre opens Aqua Portimão mall in Portugal
Paris-listed real estate company Klépierre has opened the Aqua Portimão shopping centre in the Algarve region of Portugal. The shopping centre covers a total floor area of 47,250 m[sup]2[/sup] spread over three levels and featuring a shopping gallery of 35,500 m[sup]2[/sup].
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PropertyEU Archive
SEB AM to launch EUR 800m Asian property fund in May
SEB Asset Management plans to launch its second Asian property fund in May this year, which will target a size of some EUR 800 mln.
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PropertyEU Archive
Capital raising in non-listed sector bounces back: INREV
Non-listed real estate vehicles raised EUR 10.5 bn in new capital in 2010, according to the INREV Capital Raising Survey. This marks an increase of 80% on the EUR 6 bn raised a year earlier. A similar amount is expected to be raised in the coming year, Lonneke Löwik, INREV, ...
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PropertyEU Archive
Non-listed sector faces further polarisation and consolidation
The non-listed real estate sector is poised for a strong wave of industry consolidation as the overall real estate capital base decreases in the fallout of the financial crisis. Further polarisation into large and specialist organisations can also be expected.
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PropertyEU Archive
Markus Reinert to join C&W
Cushman & Wakefield, the global property consultant, has appointed Markus Reinert as a partner and head of property management and investor services for the EMEA region.
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PropertyEU Archive
Valad appoints new senior asset manager in Germany
Valad, the European multi-let real estate investment manager, has appointed Thomas Gurski as senior asset manager in Germany. Gurski will lead the Valad team in Region West with responsibility for managing Valad’s existing real estate portfolio in the metropolitan Ruhr area around Dusseldorf and Cologne along with the Frankfurt area, ...
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PropertyEU Archive
WP Carey invests EUR 235m in Q1
Investment firm WP Carey & Co. announced on Tuesday that it completed more than $340 mln (EUR 235 mln) of property investments in the first quarter of 2011. The transactions involved 15 facilities comprising more than 2 million m[sup]2[/sup]. The facilities were acquired on behalf of the firm's publicly-held, non-traded ...
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PropertyEU Archive
AXA RE to build Coface HQ in Paris
AXA Real Estate said that its pan-European Development Venture III (DVIII) fund is to build the new headquarters office for Natixis' Coface subsidiary as part of an extension of the district of Bruyères in Bois Colombes near La Defense, Paris.
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PropertyEU Archive
Nordics record postive returns in 2010: IPD
Nordic commercial property delivered capital growth of 2.8% in 2010, according to the IPD Nordic Annual Property Index, marking a return to positive growth after two years of capital depreciation.
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PropertyEU Archive
JLL's Charles Cresser returns to English business
Charles Cresser is returning to Jones Lang LaSalle's English business to head up the Occupier team within the firm's Project & Development Services (P&DS) department after spending two years in Russia developing the firm's capability in the region.
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PropertyEU Archive
Hansteen unveils offering to raise EUR 168m
London-listed Hansteen Holdings has announced that it proposes to raise gross proceeds of £150 mln (EUR 168 mln) - or £147 mln net of expenses) through the issue of 185 new shares. The Placing and Open Offer has been priced at 81p per New Ordinary Share.
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PropertyEU Archive
Patrizia purchases residential facility in Munich for EUR 50m
German listed property company Patrizia Immobilien has purchased a residential and commercial property in Munich for about EUR 50 mln. The facility provides 478 apartments and a commercial unit over a total floor space of 30,572 m[sup]2[/sup].
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PropertyEU Archive
Growing shortage of West End office space: C& W
The limited availability of good quality space in London's West End is becoming critical, according to Cushman & Wakefield, the global property consultant.
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PropertyEU Archive
Retail expansion continues despite tough conditions: CBRE
Global retailers have continued to grow their store networks in a wide range of international markets despite challenging conditions, according to the 2011 edition of How Global is the Business of Retail? by global real estate adviser CB Richard Ellis (CBRE).
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PropertyEU Archive
APG hardens stance in battle over PEPR
Dutch pension fund APG is committed to pursuing its surprise takeover offer for Prologis European Properties (PEPR) together with Sydney-listed Goodman Group and a group of like-minded investors, Patrick Kanters, Managing Director Global Real Estate at APG, told PropertyEU. 'We believe we have made a very compelling offer and trust ...
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PropertyEU Archive
Wölbern Invest buys newly built asset in Rotterdam
Hamburg-based Wölbern Invest has acquired a newly built office property in the Waalhaven district of Rotterdam from local developer OVG. The financial details were not disclosed. Wölbern Invest said it will pay for the asset upon delivery expected for September 2012.
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PropertyEU Archive
Goodman, Alpha to develop TJK Maxx centre in Poland
Industrial property specialists Goodman Group and Alpha Industrial are to develop a 26,900 m[sup]2[/sup] distribution and processing centre in Wroc³aw, Poland. The facility is for TJX Europe, the off-price retailer that sells designer clothing and homeware accessories at discounts of up to 60% in stores across Poland.
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PropertyEU Archive
Prologis vows to retain PEPR stake
Prologis, the Denver-based global distribution facilities specialist, has confirmed that it intends to retain its ownership stake in, and management agreement with, Eurnonext-listed Prologis European Properties (PEPR).
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PropertyEU Archive
C&W grows UK asset management team
Property adviser Cushman & Wakefield has appointed Dean Maszlin as a partner in its central London asset management team. His appointment is effective 18 April 2011.
