Latest reports – Page 3050

  • PropertyEU Archive

    Cushman & Wakefield in Kazach alliance

    2010-12-03T00:00:00Z

    Cushman & Wakefield, the global property consultant, has named Veritas Brown as its new alliance partner in Kazakhstan. Veritas Brown is one of the largest and leading providers of real estate services in the Kazakh real estate market and now has around 30 employees operating from offices in Almaty, ...

  • PropertyEU Archive

    Nepi buys Bucharest business park for EUR 102m

    2010-12-03T00:00:00Z

    New Europe Property Investment (NEPI), through its wholly-owned subsidiaries NE Property Cooperatief and New Europe Property, has concluded an agreement for the acquisition of 100% of Ingen Europe, the owner of the 36,000-m[sup]2[/sup] Floreasca business park in Bucharest, Romania.

  • PropertyEU Archive

    Ærium sells 40 Portman Square in London

    2010-12-03T00:00:00Z

    European Fund Manager Ærium has completed the sale of 40 Portman Square in London's West End for £181 mln (EUR 213 mln), reflecting a net initial yield of 5.57. The transaction marks one of the largest office deals in the West End market in 2010.

  • PropertyEU Archive

    BNP Paribas buys Kings Cross development

    2010-12-03T00:00:00Z

    BNP Paribas Real Estate has signed an agreement with Kings Cross Central Limited Partnership to purchase a site at Kings Cross, paving the way for its first office development in the UK. The property advisory arm of French bank BNP Paribas plans to build a 40,000 m[sup]2[/sup] office building at ...

  • PropertyEU Archive

    ING REIM bets on retail and offices in Europe over next 3-5 years

    2010-12-03T00:00:00Z

    ING Real Estate Investment Management expects the continued economic recovery in much of Northern and Western Europe to generate high single-digit returns for real estate investors over the next three to five years, particularly in the retail sector, but increasingly also in office markets.

  • PropertyEU Archive

    Schäfer-Surén to head new hotel/leisure unit at Internos

    2010-12-03T00:00:00Z

    Internos Real Investors, the EUR 1.5 bn owner-managed real estate fund management firm, has announced the appointment of Jochen Schäfer-Surén as partner and head of Internos’ Hotel and Leisure Division, with effect from 1 January 2011. He will also join Internos’ Executive and Investment Committees.

  • PropertyEU Archive

    NREP sells seven retail properties to Kungsleden for EUR 60m

    2010-12-03T00:00:00Z

    Nordic Real Estate Partners (NREP) has secured an exit on its NREP Retail Fund 1 by selling seven retail properties to Kungsleden Nordic Real Estate Partners (NREP) for SEK 540 mln (EUR 59 mln). In total, the NREP Retail Fund 1 has produced an IRR well above 50% for its ...

  • PropertyEU Archive

    Turin mayor urges UK investors to back regeneration plans

    2010-12-03T00:00:00Z

    Turin's mayor Sergio Chiamparino unveiled plans last week in London for a new central business district for the Italian city and urged developers and financiers to get involved.

  • PropertyEU Archive

    Deka Immobilien invests in Australia

    2010-12-03T00:00:00Z

    Deka Immobilien has acquired the South Wharf Office Tower in Melbourne for approximately EUR 85 mln. The property forms the office tower component within the landmark Melbourne Convention and Exhibition Precinct, which also situates the new Hilton Hotel and a recently completed retail arcade.

  • PropertyEU Archive

    RREEF gets mandate for Calpers' European industrial portfolio

    2010-12-03T00:00:00Z

    US pension fund Calpers has mandated RREEF, the asset management vehicle of Deutsche Bank, to manage its $60 mln (EUR 45.3 mln) European industrial portfolio. The move follows Calpers' ousting of LaSalle Investment Management as manager of its portfolio of warehouse and distribution centres in the US and Europe.

  • News

    Thursday people roundup

    2010-12-02T15:30:00Z

    GLOBAL – Abu Dhabi Investment Authority, Corio, Aviva Investors, Apollo Global Management, Madison International, CB Richard Ellis, Cushman & Wakefield, SEB Asset Management

  • News

    F&C REIT raises €240m for German retail acquisitions

    2010-12-02T15:15:00Z

    GERMANY – F&C REIT Asset Management in Germany is looking to invest as much as €240m in German retail properties having raised capital for a new real estate fund and a segregated account with a German pension fund.

  • News

    USS adds Savoy House to burgeoning UK portfolio

    2010-12-02T13:00:00Z

    UK – The Universities Superannuation Scheme (USS) has resumed its acquisition programme in the UK with the purchase of Savoy Court in the West End of London for £45.5m (€53.9m).

  • News

    GI Partners, RREEF to take over CalPERS logistics

    2010-12-02T12:30:00Z

    GLOBAL – GI Partners and RREEF are to take over the management of The California Public Employees' Retirement System's (CalPERS) $2.5bn (€1.9bn) global industrial real estate portfolio from incumbent manager LaSalle Investment Management.

  • News

    Wisconsin State to ramp up real estate investment to $900m

    2010-12-02T11:45:00Z

    GLOBAL – The Wisconsin State Investment Board has said it is looking to step up its real estate investment activity.

  • News

    Ohio Police & Fire approves $30m commitment to opportunity fund

    2010-12-02T11:30:00Z

    GLOBAL – The Ohio Police & Fire Pension Fund has approved a $30m (€23.1m) commitment into the Savanna Real Estate Fund II.

  • PropertyEU Archive

    Cushman & Wakefield poaches retail agents from JLL

    2010-12-02T00:00:00Z

    Cushman & Wakefield has confirmed its has appointed Tony Edwards and Simon Wild as partners in its southern retail agency team. The pair will join Cushman & Wakefield from Jones Lang LaSalle’s Southern retail agency team of which Edwards was the head.

  • PropertyEU Archive

    CEO Corio Netherlands steps down

    2010-12-02T00:00:00Z

    John van Haaren, CEO of Corio Netherlands has resigned from the company due to differences in opinion regarding Corio Nederland's strategy.

  • PropertyEU Archive

    Newsec launches brand in Baltics

    2010-12-02T00:00:00Z

    Nordic property advisor Newsec announced this week that Re&Solution, its fully integrated operations in the Baltic region, has now been rebranded to Newsec. Following the move, Newsec becomes the master brand for six countries including Estonia, Latvia, Lithuania, Finland, Sweden and Norway. Newsec acquired additional shares in Re&Solution last year.

  • PropertyEU Archive

    Colliers International expands into Kazakhstan

    2010-12-02T00:00:00Z

    Colliers International has expanded its services into Kazakhstan with the opening of an office in Almaty, the largest city in the country. The business will be led by Bayan Kuatova, who brings a depth of local market experience with Jones Lang Lasalle and more recently with Locum Consulting since ...