Latest reports – Page 3049
-
PropertyEU Archive
Savills Hamburg continues office agency expansion
Savills Immobilienhas appointed Alexander von Bülow as senior consultant in office agency at its Hamburg office. This is the team’s second recruitment within a month following the arrival of Sebastian Peters who joined the Hamburg office in November.
-
PropertyEU Archive
Pradera retail fund looks to France and Italy
Pradera Europe's Open-Ended Retail Fund (POERF) is looking for assets in Italy and France following the acquisition of three shopping centres in Poland earlier this month. The Polish malls are being bought from UK-based investor Carpathian for a total of EUR 40 mln.
-
PropertyEU Archive
Window of opportunity closing for occupiers
The third quarter of 2010 has seen the aggregate vacancy rate in Europe level off at 10.1% , according to the latest research by CB Richard Ellis (CBRE). In some key markets, such as London and Munich, available supply is shrinking. However, sizeable variations exist within many cities, ...
-
PropertyEU Archive
ING REIM: regulatory reforms may constrain bank lending
Europe faces a daunting number of regulatory reforms and measures over the next three years which could help stifle bank lending to property, Tim Bellman, global head of research at ING REIM, said in an interview with PropertyEU.
-
News
Ohio PERS directs capital to local opportunities
UNITED STATES – Ohio Public Employees Retirement System is investing $250m (€187m) in local real estate investment opportunities as part of its so-called Grow Ohio programme.
-
News
Fund managers ‘failing to withstand investor pressure’
GLOBAL – A director of one of Europe’s major real estate fund management houses has warned that managers risk investor rebellion if they fail to resist attempts by large pension funds to seize control of multi-investor pooled funds.
-
News
Prime property, listed securities to dominate new allocations
GLOBAL – Pension funds will increase their allocations to real estate, focusing on prime assets and listed investments as they seek ways to anticipate global property markets, according to ING Real Estate Investment Management.
-
News
Chinese investors avoid spotlight in global expansion
GLOBAL – Chinese investors are targeting real estate funds as they switch their attention from domestic urban residential investments to strategic assets in advanced economies.
-
News
CalSTRS moves into housing, acquires debt position
GLOBAL – California State Teachers Retirement System (CalSTRS) has expanded into the residential housing sector for the first time with a $250m (€186m) allocation.
-
PropertyEU Archive
ING REIM warns of 'double dip' risk in 2011
ING REIM is not ruling out the possibility of a double dip recession in 2011 if a number of risks to the incipient economic recovery materialise. The main risk is deleveraging, the fund manager writes in its Global Vision 2011 report published on Friday.
-
PropertyEU Archive
Sonae Sierra appoints JLL to market Gli Orsi mall
Portuguese shopping centre group Sonae Sierra has mandated Jones Lang LaSalle to market its Gli Orsi shopping centre in Biella, Northern Italy, starting from January. The scheme, which represents an investment for Sonae Sierra of roughly EUR 102 mln, consists of 41,000 m[sup]2[/sup] of retail space across 100 shops and ...
-
PropertyEU Archive
Aurelius buys five hotels in Germany
Munich-based Aurelius Holding has acquired five hotel properties in Germany for its subsidiary Ghotel for an undisclosed price. The seller is the German housing group Deutsche Annington.
-
PropertyEU Archive
Savills appoints European CEO
International real estate adviser Savills has announced the appointment of Borja Sierra as CEO for its business in Continental Europe. He will work with existing European chairman, Simon Hope.
-
PropertyEU Archive
Cordea Savills buys London scheme for EUR 63m
Cordea Savills European Commercial Fund has exchanged contracts with AIM-listed Terrace Hill Group to acquire 129 Wilton Road in Victoria, London. The investment volume of £53.5 mln (EUR 63 mln) reflects a net initial yield of 5.78%.
-
PropertyEU Archive
Sveafastigheter jv snaps up 14 Accor hotels in Sweden
Nordic real estate private equity house Sveafastigheter has made the first acquisition for its Fund III with the purchase of Accor Hotels Sweden, the owner of 14 hotel properties and 18 hotel operations in Sweden.
-
PropertyEU Archive
Percassi's Sicilia Fashion Village opens its doors
Italian developer Gruppo Percassi has announced the opening of Sicilia Fashion Village, the largest retail outlet centre of Southern Italy and the first one on the island of Sicily. The development company said that the scheme represents a total investment of EUR 120 mln and offers around 25,000 m[sup]2[/sup] of ...
-
PropertyEU Archive
UK pooled funds perform strongly: Aref
The Association of Real Estate Funds (AREF)'s Investment Quarterly (IQ) for Q3 2010 today reveals a net asset value of £31.5 bn (EUR 37 bn) for UK unlisted pooled property funds (PPFs), up £10 bn on this time last year. Excellent performance and significant net inflows account for this ...
-
PropertyEU Archive
IVG deal marks start of fund consolidation in CEE
Industry watchers expect to see more consolidation of property investment funds in Austria and the rest of Central and Eastern Europe following IVG Immobilien's takeover of Vienna-based Hypo Real Invest earlier this week for an undisclosed sum.
-
PropertyEU Archive
Fabege sells non-core properties for EUR 148m
Swedish listed real estate company Fabege has divested 16 properties for SEK 1.3 bn (about EUR 148 mln). The buyer is local investor Profi Fastigheter II.
-
PropertyEU Archive
Wereldhave acquires 5 Belgian projects from ING RED
Amsterdam-listed company Wereldhave has reached agreement with ING Real Estate Development on the acquisition of the largest part of ING's Belgian development portfolio. The agreement includes the transfer of employees of ING Real Estate Development in Belgium to Wereldhave Belgium.
