Latest reports – Page 3048

  • PropertyEU Archive

    Battle for trophy assets to continue in 2011: JLL

    2010-12-09T00:00:00Z

    Global direct commercial real estate investment volumes will rise by 25-35% on 2010 level as a significant weight of equity capital targets real estate and fresh capital-raising enlivens the market, according to Jones Lang LaSalle's final Global Market Perspective report of 2010.

  • PropertyEU Archive

    Knight Frank strengthens presence in Spain

    2010-12-08T00:00:00Z

    Knight Frank has announced the opening of a new office in Barcelona. The office will be headed by Alfredo Pérez Pons, a former executive partner at Capital Dinamyc. The new office will initially boast a team of four people and will offer property related services ranging from marketing to real ...

  • PropertyEU Archive

    Simon and CSC spar over mega Trafford deal

    2010-12-08T00:00:00Z

    US-based Simon Property Group (SPG) claimed on Wednesday that the proposed EUR 1.9 bn acquisition by London-listed Capital Shopping Centres of the Trafford Centre in Manchester would inflict 'profound value destruction' on CSC and its shareholders.

  • PropertyEU Archive

    Pension fund backs EUR 765m deal in Sweden

    2010-12-08T00:00:00Z

    A new company established by Sweden's first national pension fund has acquired a 860,000-m[sup]2[/sup] property portfolio for more than SEK 7 bn (EUR 765 mln).

  • PropertyEU Archive

    ICSC Hellenic seminar draws on Spanish experience

    2010-12-08T00:00:00Z

    Senior retail real estate professionals in Greece will learn how Spain’s retail property industry is dealing with the recession at the International Council of Shopping Centers (ICSC)’s Hellenic Seminar, Wednesday 15 December. The event, being held at Ypatia Mansion, will be followed by a tour of the brand new Athenian ...

  • PropertyEU Archive

    Great Portland acquires London property for EUR 50m

    2010-12-08T00:00:00Z

    London-listed Great Portland Estates has acquired 20 St James's Street, SW1 for £42.5 mln (EUR 50 mln). This equates to a capital value of £765 per sq ft, from IVG Development (UK).

  • PropertyEU Archive

    Germany's office market to profit from global growth: Deka

    2010-12-08T00:00:00Z

    German office rents are expected to grow by 2% next year, with vacancy rates falling to 11.2% due to an improving economy, according to Deka's Immobilien Monitor 2011 published on Wednesday.

  • PropertyEU Archive

    Massena buys office building for EUR 46m

    2010-12-08T00:00:00Z

    French SIIC Fonciere Massena has acquired an office building in Levallois Perret in the northwester suburbs of Paris for EUR 46.5 mln. The vendor is a private client of the Bank of Ireland.

  • PropertyEU Archive

    Terreis seals EUR 209m worth of deals in France

    2010-12-08T00:00:00Z

    French SIIC Terreïs is buying EUR 209 mln worth of Paris assets in a deal which 'significantly increases its asset size and its financing structure'. The company said it is taking over Dab Expansion from the holding company of businessman Jacky Lorenzetti for EUR 19.50 per share.

  • PropertyEU Archive

    CDS Holding opens Fiordaliso redevelopment

    2010-12-08T00:00:00Z

    CDS Holding has completed the extension and redevelopment of the Fiordaliso shopping centre at Rozzano, Milan. The EUR 50 mln project, designed by Studio Sviluppo, involved the construction of 23,000-m[sup]2[/sup] additional retail area, as well as the redevelopment of the existing 43,000 m[sup]2[/sup] of space.

  • PropertyEU Archive

    AG RE signs development contract for Thales HQ in France

    2010-12-07T00:00:00Z

    AG Real Estate, formerly known as Fortis Real Estate, has signed a contract with Toulouse-based construction company GA for the construction of the future headquarters of Thales in the Carré 92 business park in Gennevilliers, France. The project, representing a total investment of EUR 145 mln, is currently one of ...

  • PropertyEU Archive

    Marc Mogull appointed as new chair of ULI UK

    2010-12-07T00:00:00Z

    The Urban Land Institute (ULI) announced on Tuesday that Marc Mogull, founder and managing partner of Benson Elliot Capital Management, has been appointed as chairman of ULI's United Kingdom National Council. The appointment is effective from 1 January 2011.

  • PropertyEU Archive

    BNP Paribas REIM invests EUR 300m during 2010

    2010-12-07T00:00:00Z

    BNP Paribas Real Estate Investment Management (REIM) has completed roughly EUR 300 mln worth of transactions on behalf of its funds in the first 11 months of the year. This is a 35% increase on the investment volume of EUR 222 mln in the same period a year before.

  • PropertyEU Archive

    Prologis completes 123,000 m[sup]2[/sup] of leasing in Southern Europe

    2010-12-07T00:00:00Z

    Euronext-listed Prologis European Properties has completed four new lease agreements and three lease renewals, totalling 123,500 m[sup]2[/sup] of distribution space, in France and Italy.

  • PropertyEU Archive

    Fonsai sells EUR 168m of assets in Milan

    2010-12-07T00:00:00Z

    Italian financial services group Fondiaria-Sai (Fonsai) has agreed to sell Crivelli srl, the owner of an office building in Milan to Unicredit Real Estate. The transaction volume comes to around EUR 63.5 mln, releasing capital gains of EUR 13 mln for Fonsai.

  • PropertyEU Archive

    CA Immo begins construction of Bratislava Business Center 1 Plus

    2010-12-07T00:00:00Z

    CA Immo starts construction work on the new office complex called Bratislava Business Center 1 Plus (BBC 1 Plus). The centre is located centrally in the Bratislava Business District and will comprise 13-storeys with a rentable effective area of some 15,900 m[sup]2[/sup] and 313 indoor parking places.

  • PropertyEU Archive

    Episo agrees EUR 300m Czech logistic parks deal

    2010-12-07T00:00:00Z

    European Property Investors Special Opportunities fund (Episo) has agreed in principle to acquire an 80% interest in six logistics complexes owned by CEE industrial property specialist VGP in the Prague region.

  • PropertyEU Archive

    Hanseatic to launch first closed-end fund for retail investors

    2010-12-07T00:00:00Z

    Germany's Hanseatic Group is launching its first closed-end investment vehicle for retail investors which will focus on discount stores and retail parks designed and developed by its parent company.

  • PropertyEU Archive

    F&C REIT Germany launches Spezialfonds for pension fund

    2010-12-07T00:00:00Z

    F&C REIT Asset Management Germany has launched a Spezialfonds on behalf of a German pension fund. The fund will follow a core-plus strategy with a targeted capital expenditure of EUR 120 mln.

  • PropertyEU Archive

    Banimmo finalizes a new acquisition in France

    2010-12-07T00:00:00Z

    Euronext-listed property company Banimmo finalized on December 3rd a new acquisition in the retail segment in France for EUR 12.6 mln. The acquisition relates to 2 units of 12,000 m² that are part of a retail center in Ile-de-France. The return of this acquisition (costs included) amounts to 11.5% and ...