Latest reports – Page 3023

  • News

    European investors rein in real estate expectations for 2011

    2011-02-07T13:45:00Z

    Bifurcation of market in coming months will disappoint investors banking on another vintage investment year.

  • News

    Partners Group begins to execute real estate debt strategy

    2011-02-07T13:15:00Z

    Provides mezzanine finance for office building in London's Canary Wharf, senior housing developments in Canada.

  • News

    Pension scheme for Finnish church ups PE, real estate

    2011-02-07T12:15:00Z

    Fund loses 50,000 members in days after Christian Democrat Party chairwoman voices views on gays, religion.

  • PropertyEU Archive

    Global property derivatives volumes lowest since 2005: IPD

    2011-02-07T00:00:00Z

    Property derivatives trading stripped back to a UK-only activity last quarter as France failed to record any trades in the shallowest three-month period in five years, according to the fourth-quarter IPD Global Property Derivatives Trading Volumes.

  • PropertyEU Archive

    Capman divests property consulting unit

    2011-02-07T00:00:00Z

    Nordic private equity fund manager Capman has signed a letter of intent to divest its real estate consulting business. Capman manages four private equity real estate funds and carries out real estate consulting through its Realprojekti subsidiary.

  • PropertyEU Archive

    ULI Paris conference stresses economic and finance issues

    2011-02-07T00:00:00Z

    In a variation on the famous line from Benjamin Franklin that ‘nothing is certain but death and taxes’, ULI’s 15th annual conference in Paris gets under way today with the title ‘Nothing is Certain but Debt and Taxes’.

  • PropertyEU Archive

    Vico Cap refinances Credit Suisse Int's European HQ

    2011-02-07T00:00:00Z

    UK private equity group Vico Capital has secured a £107 mln (EUR 127 mln) refinancing of 17 Columbus Courtyard in Canary Wharf, London. The property is on a long full repairing and insuring lease to Credit Suisse International and forms part of its European headquarters.

  • PropertyEU Archive

    Generali, Predica buy Europe Avenue for EUR 400m

    2011-02-07T00:00:00Z

    Insurance group Generali and Groupe Credit Agricole's Predica unit have acquired the Europe Avenue office complex at Avenue de l'Europe, Bois- Colombes in Hauts-de-Seine, France for around EUR 400 mln, reflecting a net yield of 6%. The property was bought on a 50/50 basis from Boston-based Beacon Capital Partners.

  • PropertyEU Archive

    Grosvenor buys Provence Opera retail gallery in Paris

    2011-02-07T00:00:00Z

    Grosvenor is continuing its strategy to expand in the French retail market with the acquisition of the Provence Opéra shopping gallery in the eigth and ninth arrondissement of Paris. The property, offering just over 2,000 m[sup]2[/sup] of space, was bought for EUR 23.5 mln on behalf of one of Grosvenor's ...

  • PropertyEU Archive

    Q-parks takes over 14 parking facilities in London

    2011-02-07T00:00:00Z

    International parking company Q-Park has won the bid to take over 14 car parks in the heart of London. Q-Park has been granted the 25-year lease by Westminster City Council, beating strong competition from across Europe.

  • PropertyEU Archive

    Hochtief sells mall in Friedberg for EUR 22m

    2011-02-07T00:00:00Z

    Hochtief Projektentwicklung has sold the new specialist retail mall and service centre on the Industrial Development West in the Hessian town of Friedberg to Hansainvest for EUR 22.3 mln. The overall development comprises two construction phases with combined rental space of just under 19,000 m2, most of which is already ...

  • PropertyEU Archive

    Alberto Gomez to head PM team at Savills Spain

    2011-02-07T00:00:00Z

    International real estate advisor Savills has appointed Alberto Gómez as head of its property management department in Madrid. In addition, the team has been further strengthened by the recruitment of consultants Elena del Villar, Elena Pérez, Pedro de los Mozos and Miguel Rey.

  • PropertyEU Archive

    Rockspring steps into development

    2011-02-07T00:00:00Z

    European investment manager Rockspring has made a move into real estate development to take advantage of office supply shortages in some European markets. 'Since our foundation we have always focused on income-producing assets, and managing and improving that income has been the principle key in our strategy,' said chairman Richard ...

  • PropertyEU Archive

    CBREI sells Brussels office building to SwissLife

    2011-02-07T00:00:00Z

    CB Richard Ellis Investors (CBREI) has announced the sale of Renaissance, a 12,560-m[sup]2[/sup] real estate ensemble located at 135 Boulevard Emile Jacqmain Brussels to SwissLife France for an undisclosed amount. The property was bought from CB Richard Ellis Strategic Partners Europe Fund III, a pan-European investment fund managed by CBRE ...

  • PropertyEU Archive

    Invista sells Castle residential portfolio for EUR 115m

    2011-02-07T00:00:00Z

    Invista Real Estate Investment Management has completed the sale of its entire interest in the Castle residential portfolio to Grainger for a gross sales price of £97.1 mln (EUR 115 mln), including £18.5 mln in cash. The transaction has been effected via the sale by Invista of 100% of the ...

  • PropertyEU Archive

    Christie + Co secures Marriott International for first Finnish hotel

    2011-02-07T00:00:00Z

    Christie + Co, acting on behalf of owners BMZ Invest and Ultivista, has secured Marriott International to operate a 17-storey, 272-bedroom hotel in Finland, which will become the hotel company's first property in the country, when it opens in 2013.

  • PropertyEU Archive

    Delancey teams up with Oakmayne to buy London regeneration project

    2011-02-07T00:00:00Z

    Real estate investor and advisory group Delancey has joined forces with local private residential builder Oakmayne Properties to buy Oakmayne Plaza, a cleared freehold site of just over 4,000 m[sup]2[/sup] in the Southwark borough of London, as part of a consensual deal with RBS.

  • PropertyEU Archive

    Akkeron buys 10 UK hotels from administrators

    2011-02-07T00:00:00Z

    Akkeron Hotels has completed the acquisition of 10 UK hotels from Begbies Traynor, the administrators of Butterfly Hotels and Crowne Hotels. The transaction will increase the number of hotels in the group to 36, employing 1,630 people and with a combined annual turnover of £57 mln (EUR 70 mln), cementing ...

  • PropertyEU Archive

    IVG snaps up Milan trophy asset for EUR 45m

    2011-02-07T00:00:00Z

    German listed property company IVG Immobilien has signed a preliminary agreement to buy a mixed-use building at Via Agnello 18 in the city centre of Milan for a value believed to be around EUR 45 mln, reliable market sources confirmed to PropertyEU.

  • PropertyEU Archive

    Germany, Nordics and CEE top investor lists in 2011: CBRE

    2011-02-07T00:00:00Z

    Turnover in the European real estate investment market totalled EUR 100 bn in 2010, representing a significant increase of 35% compared to 2009. This growth is expected to continue in 2011 at a rate of 10 to 15%, according to research released by CB Richard Ellis.