Latest reports – Page 2994
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PropertyEU Archive
Hines opens Dublin office to capitalise on bank restructuring
International real estate firm Hines has opened an office in Dublin to target real estate and development opportunities emerging from the re-structuring of the Irish banking and real estate sector.
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PropertyEU Archive
Fair Value REIT back in profit
Fair Value REIT-AG reported revenues increased to EUR 14.4 mln in 2010 from EUR 12.2 mln the previous year while consolidated net profit amounted to EUR 2.2 mln - up over EUR 5 mln on the 2009 loss of EUR 2.9 mln.
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PropertyEU Archive
Fabege invests EUR 45 mln in Arenastaden and Hammarby Sjöstad
Swedish property group Fabege is to spend a total SEK 400 mln (EUR 45 mln) on two undeveloped properties in Arenastaden and on upgrading its Hammarby Sjöstad landmark office complex Luma factory.
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PropertyEU Archive
Karlin Group sells Keystone to GLL Real Estate
Karlín Group has sold the Keystone office building in Prague to the German real estate funds GLL Real Estate Partners. Financial details were not disclosed.
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PropertyEU Archive
Latin America, Asia Pacific experience strong office demand
Higher demand for office space in Latin America and the Asia Pacific region is being driven by strong economic growth in the world’s emerging markets, according to CB Richard Ellis’ (CBRE) latest Global Office Market View.
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PropertyEU Archive
German industrial/logistics sales to reach EUR 1b, says Realogis
The market for industrial and logistics real estate is starting to gain momentum again after two cautious years, according to German estate agents and consultancy group Realogis.
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PropertyEU Archive
European retail investment hit EUR 36b in 2010: CBRE
European retail real estate investment grew to EUR 36.2 bn in 2010, representing a 60% increase year-on-year, and well above the 47% increase for the investment market as a whole, according to the latest research by CB Richard Ellis (CBRE).
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PropertyEU Archive
Irish rent review causes property investment halt
The Irish property market saw only two investment transactions in the first quarter of 2011, property consultant CB Richard Ellis said on Thursday.
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PropertyEU Archive
Partners closes EUR 500m infrastructure fund
Swiss private markets investment manager Partners Group said it has closed its largest dedicated infrastructure investment programme to date, Partners Group Global Infrastructure 2009.
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PropertyEU Archive
NCC Construction to develop EUR 51 mln Aarhus multimedia centre
NCC Construction Denmark has entered into a partnership agreement with the municipality of Aarhus to build a SEK 460 mln (EUR 51 mln) multimedia centre in Aarhus harbour. Work on the project will commence in April 2011.
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PropertyEU Archive
Newsec names new CFO
Northern European property services firm Newsec said that it has recruited Tina Kinch as their new Chief Financial Officer, starting in June. Kinch has a long and broad experience in the financial area, and has held similar positions in several international companies in the service industry. She is currently CFO ...
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PropertyEU Archive
Swedish pension funds to invest EUR 1b in real estate
The First and Second Swedish National Pension funds - AP1 and AP2 - will invest around EUR 1 bn in European real estate via a joint company that will be managed by Catella, Eva Halvarsson, CEO of AP2, told PropertyEU.
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PropertyEU Archive
SEB acquires DnB NOR's mortgage loan portfolio
Swedish bank SEB said on Monday that it has agreed to buy Norwegian lender DnB NOR's retail customer mortgage loan portfolio in Sweden. The agreement covers around 5,000 customers and a mortgage lending volume of approximately SEK 7 bn (EUR 780 mln).
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PropertyEU Archive
Testa to launch takeover bid for Tesfran
Spanish property company Testa Inmuebles en Renta, part of the Sacyr Vallehermoso group, has announced plans to launch a takeover offer for its French real estate unit, Tesfran.
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PropertyEU Archive
Göran Linder leaves Kungsleden for Peab
Swedish listed property company Kungsleden has announced the departure of Göran Linder, divisional manager of Public Properties, who in August will join construction company Peab Property Development as a business manager.
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PropertyEU Archive
Swedish pension funds form JV with Catella
The First and Second Swedish National Pension Funds (AP1 and AP2) are setting up a joint venture with financial services and brokerage firm Catella to invest in European real estate, Catella announced on Tuesday.
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PropertyEU Archive
JLL mandated to sell Mayfair trophy office building
Property investor and developer D2 Private has instructed Jones Lang LaSalle (JLL) to sell its freehold interest in a trophy West End asset at 11-12 St James's Square in London.
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PropertyEU Archive
Metrovacesa's Arenas opens its doors in Barcelona
Spanish listed property company Metrovacesa has announced the opening of its landmark Arenas shopping centre in Barcelona. Located on the famous Plaza España square, the mall is expected to attract up to 10 million visitors per annum. The mall represented a total investment of roughly EUR 200 mln.
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PropertyEU Archive
Vailog delivers 20,000 m[sup]2[/sup] distribution facility in Paris
Italian industrial real estate developer and investor Vailog said it has delivered a new distribution platform in Paris to global logistics provider Geodis. The company has completed a 20,300-m[sup]2[/sup] distribution centre in the Port of Paris (Bonneuil-sur-Marne), just 12 km from the Paris ring-road.
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PropertyEU Archive
Lehman buys $1.5b loan portfolio from German unit
A New York bankruptcy court has approved a $957 mln (EUR 680 mln) sale of notes to Lehman Brothers Holdings from its German unit, Lehman Brothers Bankhaus, as part of a larger settlement between Lehman's bankruptcy estate and its affiliates.
