Latest reports – Page 3008
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PropertyEU Archive
Lend Lease, LCR to build new district in London Stratford City
Lend Lease and London & Continental Railways (LCR) have unveiled details of a 371,000 m[sup]2[/sup] development in Stratford City at the MIPIM property trade fair in Cannes. The project, named The International Quarter, will be led by offices and complemented by some retail accommodation, 350 new homes, 1.2 hectares of ...
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PropertyEU Archive
Savills redefines lending list criteria as banking rules impact on UK market
International real estate advisor Savills has named the UK commercial property market's Top 16 'most active bigger ticket lenders'. These lenders are those who, according to Savills' enquiries, are both actively seeking and have actually achieved total new lending over the last six months of at least £75 mln (EUR ...
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PropertyEU Archive
HGI swaps £40m of London assets with Royal London AM
Henderson Global Investors (HGI) has exchanged its interest in 12-13 Henrietta Street with Royal London Asset Management (RLAM)'s stake in Bishops Court, Artillery Lane. A balancing payment will be made by RLAM to HGI upon completion.
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PropertyEU Archive
Carlyle sells business park near Hamburg for EUR 70m
Berlin-based commercial real estate company Beos has acquired the Wilhelm-Bergner-Straße business park near Hamburg from Carlyle for around EUR 70 mln. The purchase - which was financed by a loan provided by DG Hyp - is earmarked for an unnamed international investor group.
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PropertyEU Archive
'C&W to advise Eurohypo on Spanish loan portfolio'
Cushman & Wakefield has received an instruction to advise Eurohypo on a EUR 400 mln loan portfolio in Spain, well-informed sources have told PropertyEU. The German bank owns more than 50% of the portfolio. with other lenders reportedly including Spain's Kutxa bank.
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PropertyEU Archive
Recovery underway in logistics market: King Sturge
King Sturge's new European Logistics and Industrial Markets research highlights the recovery is underway across Europe's major logistics and industrial markets. The report provides an assessment of relevant macro economic trends and logistics and supply chain management dynamics, and includes commentary and analysis of 13 country markets namely: Belgium, Bulgaria, ...
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PropertyEU Archive
Colliers' new UK chief sets out strategy
Tony Horrell, the new CEO of Colliers International UK, will make beefing up the advisory firm’s London team and boosting its client base his top priorities for the near term.
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PropertyEU Archive
Christie+Co advises Hotasa on sale of Spanish hotel portfolio
Specialist property agent and adviser Christie + Co has been appointed by Spain's Nueva Rumasa to advise it on the sale of the Hotasa hotel portfolio.
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PropertyEU Archive
Soric puts Portuguese luxury resort up for sale
Specialist hotel real estate broker Soric International said it has been appointed to handle the sale of the privately-owned Quinta Splendida on the Portuguese Island of Madeira. The 166-room resort has recently undergone major investment, including the addition of a 1,400-m[sup]2[/sup] luxury Wellness Spa. Hotel group Steigenberger is the preferred ...
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PropertyEU Archive
Metro AM appoints Western European manager
Metro Group Asset Management has announced the appointment of Jean-Christophe Bretxa to the position of Regional Manager West Europe. Bretxa, who will take on this position on July 1, 2011, joins from Redevco, the private retail property company, where he has been managing director in charge of the property business ...
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PropertyEU Archive
CBRE appoints new managing director Germany
CB Richard Ellis said it has appointed Peter Schreppel to the position of Managing Director for Germany. Schreppel (42), who joined CBRE in 2002, succeeds Martin Drummer, who has held the position for over 10 years.
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PropertyEU Archive
Union Investment adds to Italian shopping centre portfolio
Union Investment Real Estate has added another Italian property to its EUR 4.5 bn international retail portfolio. The Hamburg-based property fund manager has acquired the 9,830 m[sup]2[/sup] retail gallery of the Casal Bertone shopping centre in Rome for around EUR 48 mln from Italian project developer Immobiliare Europea.
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PropertyEU Archive
Partners Group, Duet provide debt for Copenhagen deal
Private investment manager Partners Group has announced that it has teamed up with Duet Private Equity's European real estate debt platform to provide mezzanine financing for the acquisition of the Magasin du Nord flagship department store property in Copenhagen, Denmark. The financing was provided as part of a transaction to ...
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PropertyEU Archive
WDP to acquire Dutch logistics assets for EUR 42m
Belgian closed-end investment fund WDP has signed a letter of intent with Wereldhave to acquire a logistics portfolio in the Netherlands for EUR 42 mln. The acquisition, which is subject to a number of conditions, covers six logistics sites, five of which leased to DHL Express with an average of ...
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PropertyEU Archive
AXA completes 20 Gresham Street deal in London
AXA Real Estate Investment Managers (AXA REIM) has completed the acquisition of 20 Gresham Street, a 22,300 m[sup]2[/sup] fully let office scheme in the City of London from UK group Hermes.
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PropertyEU Archive
CBRE completes financing for ING REIM deal
CB Richard Ellis Group announced on Tuesday that it has raised $800 mln (EUR 574 mln) of new-term loans under its credit agreement to finance the acquisition of the real estate investment management businesses of Netherlands-based ING Group.
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PropertyEU Archive
Tours de Levallois project seeks new investors
The Tours de Levallois project in the Parisian suburb of Levallois is looking for new investors after the city recovered development rights from Saudi entrepreneur Sheikh Mohamed Bin Issa Al Jaber.
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PropertyEU Archive
Bullish outlook for European hospitality sector: DLA Piper
A survey of top executives has revealed a dramatic rise in confidence in the European hospitality industry in 2011, with 67% of respondents describing their 12-month outlook for the industry as bullish, according to a survey by DLA Piper. This marks a significant increase from 2010, when 27% said they ...
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PropertyEU Archive
Lords LB acquires Tallinn office building
Baltic investment manager Lords LB Asset Management has purchased the remaining 50% it did not own in Focus Kinnisvara OSA, the owner of the EUR 20 mln Metro Plaza office building in Tallinn, Estonia for an undisclosed amount. The vendor is Pedragon Investments, a subsidiary of Metro Baltic Horizons.
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PropertyEU Archive
UK tops investment league in Europe: Savills
Savills has ranked the UK, which accounted for some 42% of total European investment volume in 2010, as the top investment market in Europe, followed by Germany, France, Sweden and the Netherlands. In terms of top cities, the international real estate adviser rates London, Paris, Stockholm, Berlin and Hamburg as ...
