Latest reports – Page 3051
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PropertyEU Archive
Colliers International expands into Kazakhstan
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 ...
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PropertyEU Archive
Sentiment darkens in Germany: King Sturge
The ongoing debt crisis in the Eurozone does not seem to have impacted the sentiment in the German real estate industry, accordiong to Kin gSturge.
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PropertyEU Archive
Stable builds outlet center near Leipzig
Stable International is to develop a 10,000-m[sup]2[/sup] factor outlet centre at Saksen near the German city of Leipzig. The project will involve an investment of about EUR 50 mln. Construction is scheduled to start in April 2011 with the opening planned in 2012.
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PropertyEU Archive
LC Waikiki enters the Polish retail market
Turkish clothing retail LC Waikiki has chosen Jones Lang LaSalle to act as its exclusive real estate advisor in the process of the search and acquisition of its first stores in Poland. LC Waikiki plans to set up several stores of approximately 1,500 m[sup]2[/sup] in the most popular, well located ...
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PropertyEU Archive
Deka Immobilien buys Spanish shopping centre for EUR 116m
Deka Immobilien has acquired the Ballonti shopping centre with hypermarket and petrol filling station, in greater Bilbao, northern Spain in a transaction worth over EUR 116 mln. The mall was acquired from Spanish retail chain Eroski.
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PropertyEU Archive
CBRE opens three new offices in France
CB Richard Ellis is strengthening its position in the French real estate market with the opening of three offices in the cities of Nantes, Tours and Blois. In a statement, the broker said that the new openings bring the total number of CBRE offices in French regions to 28.
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PropertyEU Archive
AXA REIM and Favermead team up in UK office development
AXA Real Estate Investment Managers (REIM) has announced that its Development Venture III fund (DVIII) has entered a partnership with Favermead to speculatively develop 60 Holborn Viaduct.
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PropertyEU Archive
FdR buys Eiffage HQ project for EUR 45m
Foncière des Régions (FdR) is buying the future headquarters of Eiffage Construction just a few days after announcing the sale of a 25% stake in the CB21 tower to a French insurance company.
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PropertyEU Archive
F&C REIT announces first close of Best Value Germany I
F&C REIT Germany, based in Munich, has announced the first closing of its Best Value Germany 1 fund on 30 November 2010 with an initial commitment of EUR 120 mln. The fund has a target investment volume of EUR 300 mln and will invest in prime properties in medium-sized and ...
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PropertyEU Archive
Record retail deal volume in France: C&W
Some EUR 6.9 bn was transacted in the French commercial real-estate investment market in the first nine months of the year, marking a 41% increase compared to the same time last year.
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PropertyEU Archive
Savills launches asset management service for Belux
International real estate advisor Savills has launched a property and asset management service at its Belux operation.
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PropertyEU Archive
Italian retail investment market set to recover in 2011, says JLL
Investment in Italian retail property assets fell to a historic low in the course of 2010 but recovery is on track for next year, according to Davide Dalmiglio, head of retail investment at Jones Lang LaSalle.
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PropertyEU Archive
IGD Siiq opens mall and retail park in Conegliano
Italian shopping centre investor Immobiliare Grande Distribuzione SIIQ (IGD Siiq) has announced the opening of the Cone mall and retail park in Conegliano, near Treviso. The centre, which involves a total investment of over EUR 70 mln, covers a total gross floor area of 27,400 m[sup]2[/sup] and has 1,550 parking ...
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PropertyEU Archive
NewRiver Retail buys UK mall portfolio
NewRiver Retail, the UK specialist REIT focused on the retail sector, announces that it has completed the acquisition of a major portfolio of five UK shopping centres from the CPI Retail Active Management (CReAM) fund. The portfolio was acquired in an off-market deal for approximately £53 mln (EUR 63 ...
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PropertyEU Archive
Salans advised ING RED on Budapest sale
International law firm Salans advised ING Real Estate Development on the sale of a prime retail property in Budapest city centre last month.
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PropertyEU Archive
Castellum buys properties in Uppsala
Swedish real estate firm Castellum has acquired two properties in Uppsala for SEK 190 mln (EUR 20.7 mln) through its wholly-owned subsidiary Aspholmen Fastigheter AB.
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PropertyEU Archive
Wereldhave acquires Paris office
Amsterdam-listed Wereldhave has reached agreement on the acquisition of an office building yet to be built in Joinville-le-Pont, in the eastern periphery of Paris for EUR 67 mln. The project will be delivered by developer Icade on a turnkey basis, with
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PropertyEU Archive
Epra slams GOEF proposals
The European Public Real Estate Association (EPRA) has slammed what it describes as the German government’s insistence on propping up the ailing open-ended fund structure (GOEF) with reactive legislative changes - at the expense of efforts to grow the publicly listed property market in Germany.
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PropertyEU Archive
Global hotel volumes to jump 40% in 2011: JLL Hotels
Following a strong recovery in 2010, global hotel transaction volume is set to increase by another 30-40% in 2011, according to initial results from Jones Lang LaSalle's Hotel Investment Outlook 2011. This would mean a total volume of around $28-$30 bn (EUR 21.5-23 bn).
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PropertyEU Archive
Investment volume slips in Q3: CBRE
Commercial real estate investment volume fell to EUR 23.1 bn in Q3 from EUR 24.6 bn in the previous quarter, according to research from CB Richard Ellis. Despite the fall, the longer term trend appears to be steadily upwards, the adviser said. ‘Investor demand remains heavily concentrated at the prime ...
