Latest reports – Page 3022
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PropertyEU Archive
Anixton instructed to sell IVG's Tervueren Plaza
German fund management group IVG has mandated real estate advisory firm Anixton to dispose of the Tervueren Plaza office scheme in Brussels. The property is located on the prestigious Avenue de Tervueren facing the Palais Stoclet in Brussels and comprises 10,000 m[sup]2[/sup] of office space.
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PropertyEU Archive
ULI Europe appoints Joe Montgomery as new CEO
The Urban Land Institute (ULI) has appointed Joe Montgomery as its new CEO for ULI Europe. Montgomery is currently director general of the Thames Gateway regeneration scheme in London. He will take up his new position at ULI Europe at the end of March.
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PropertyEU Archive
C&W to manage tender for operator of new Sochi resort
Top Project, the investor and developer of a new resort in Sochi, has mandated Cushman & Wakefield's Hospitality team to conduct an international tender to secure an operator for their 2,300-room resort in a prime location within the Imeritinsky Lowland in the Winter Olympic city of Sochi, on the Black ...
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PropertyEU Archive
Vinci sells Nantes retail project to Proudreed
French development group Vinci Immobilier has sold the retail element of the Carré Feydeau development project in Nantes, France to private investor Proudreed and an unnamed Italian partner for an undisclosed amount.
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PropertyEU Archive
HIH plans launch of facility management unit in 2011
HIH Property Management (HPM), the property management unit of HIH Group, said it is planning to create a new subsidiary providing facility management services this year in a bid to complement its offer to clients.
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PropertyEU Archive
NSI in final merger talks with Vastned O/I
Dutch property investor Nieuwe Steen Investments (NSI) announced on Tuesday that it is in the final phase of its negotiations with Vastned Offices/Industrial regarding a potential merger of their businesses.
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PropertyEU Archive
Credit Suisse buys hotel development in Davos
Credit Suisse Real Estate Fund Hospitality (CS REF Hospitality) has signed an agreement to invest CHF 155 mln (EUR 119 mln) in the development of a five-star hotel and residences project in Davos which will be operated by the Inter Continental Hotel chain.
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PropertyEU Archive
Real IS buys office buildings in Hamburg
Real I.S. has acquired two office buildings in Hamburg, Germany's second-largest city, on behalf of a newly launched closed-end fund. The properties are almost fully leased to the City of Hamburg with rental contracts running to 2026 and 2031. The total investment volume of the fund amounted to EUR 65 ...
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PropertyEU Archive
Occupier deals key to Russian investment market
Local occupiers were responsible for the lion's share of Russia's investment volumes in 2010, and are expected to continue to play a key, but more balanced role in 2011 as they seek to take advantage of a lack of competition for vacant office products, according to Tom Cashel, head of ...
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PropertyEU Archive
Greek minister woos foreign investors at ULI
The Greek government is introducing tax incentives and fast-track procedures in a bid to attract foreign investors to the debt-laden country, George Nikitiades, deputy minister of tourism, told a press conference at the annual ULI conference in Paris on Tuesday. 'We are trying to change the Greek mentality, we need ...
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PropertyEU Archive
Brounen appointed to new RE chair at Tilburg University
Dirk Brounen has been appointed to the new chair in Real Estate Economics at Tilburg University in the Netherlands. Brounen, a leading European real estate academic, will continue his research on a range of subjects including risk management, regulation, sustainability, and the performance of real estate investments.
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PropertyEU Archive
C&W expands in The Netherlands
Global real estate consultant Cushman & Wakefield (C&W) has announced the launch of a new office in Rotterdam, the Netherlands, in a move aimed at strengthening the firm's presence in the Netherlands. C&W already has an office in Amsterdam.
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PropertyEU Archive
ATP launches EUR 700m real estate fund
Copenhagen-based ATP Real Estate said it is looking to deploy EUR 700 mln in fresh real estate acquisitions on the European continent, including Central and Eastern Europe as well as the US after having finalised investments for its first fund.
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PropertyEU Archive
Area Property, Sovereign Land buy Ayr Central mall
UK property and construction group Henry Boot has agreed the £33.8 mln (EUR 40 mln) disposal of Ayr Central shopping centre and, separately, the sale of optioned land with planning permission for 700 dwellings at Buckingham. The mall was acquired by Sovereign Land and AREA Property Partners for a net ...
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PropertyEU Archive
ULI Paris conference preview: Dame Judith Mayhew Jonas
Money for urban development may be tight due to the financial crisis and economic recession, but there are ways for cities to secure funding for much-needed improvements, according to Dame Judith Mayhew Jonas, chairman of London-based New West End Company. Mayhew Jonas will moderate a session entitled 'City Development: Where ...
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PropertyEU Archive
Develica breaches covenant on Blue Star loan
German investor Develica Deutschland (DDL) has breached the loan to value covenant on its second largest property portfolio, Bluestar, consisting of three office buildings totalling 80,000 m[sup]2[/sup] in Bonn, Munich and Stuttgart.
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PropertyEU Archive
ULI Paris conference preview: keynote John Bruton
Former EU ambassador to the US John Bruton will stress a sense of urgency in tackling Europe's debt and other problems at the ULI conference taking place in Paris today.
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News
UK real estate could turn negative after returning 15.2% in 2010 – Standard Life
Commercial real estate delivered double-digit returns in 2010, but managers are preparing for a leaner 2011.
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News
Half of investors to avoid new 'PE-style' real estate commitments
Almost half of investors who have invested in PE-style funds will not allocate new capital, says Preqin.
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News
Real estate investors to focus on Germany, the Nordics and CEE
Regions to attract most interest of cross-border European investors, according to CB Richard Ellis (CBRE).
