Latest reports – Page 3053
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PropertyEU Archive
Interest in distressed sales almost doubles: RICS
The number of countries in which real estate professionals are reporting greater interest in distressed properties has risen dramatically, according to a global report published by the royal Institute of Chartered Surveyors (RICS). Expectations for increased distressed property sales in the coming months are highest in Ireland, the US, Spain, ...
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PropertyEU Archive
Q&A with Ulrich Höller, CEO of DIC Asset
Ulrich Höller, CEO of DIC Asset AG, talks to PropertyEU about launching his company's first fund and why Germany is the most promising market in Europe.
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PropertyEU Archive
Unite completes EUR 169m sale to fund
Unite Group, the London-listed developer and manager of student accommodation, has announced the completion of the planned sale of assets to the Unite UK Student Accommodation Fund for £143.9 mln (about EUR 169 mln).
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PropertyEU Archive
Hammerson buys Wrekin retail park for EUR 49m
UK REIT Hammerson has acquired Wrekin Retail Park in the English town of Telford for £42 mln (EUR 49 mln), including acquisition costs. The vendor is Legal and General Property, which has owned the park since its development in 1996.
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PropertyEU Archive
More European office markets see rental growth in Q3: JLL
Prime office rents continued to grow during the third quarter, albeit at a slower pace, according to Jones Lang LaSalle’s Q3 European Office Clock. The Office Rental Index rose by a modest 0.7% over the quarter, driven by London, Moscow and Stockholm.
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PropertyEU Archive
'Family leisure is a non-discretionary spend'
Changing life styles and family spending patterns have made family leisure a non-discretionary spend, even in a recession, however it continues to be an under recognised sector, according to a new report.
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PropertyEU Archive
Cordea Savills appoints Haertl as PM to German Retail Fund
International property fund manager Cordea Savills has appointed Christian Haertl as portfolio manager of its German Retail Fund. Haertl has been a senior asset manager for Cordea Savills, based in Munich, since October 2007. He has had responsibility for German retail properties held within three funds.
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PropertyEU Archive
Baker joins HDG Mansur as European development director
Michael Baker is joining HDG Mansur Investment Services as Senior Managing Director and head of Development in the UK and Europe.
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PropertyEU Archive
FdR sells 25% stake in Tour CB21
Foncière des Régions (FdR) has signed an agreement to sell a 25% stake in the Tour CB21 with an unnamed French institutional investor. The EUR 147 mln transaction, which will be completed by the year end, represents one of the largest single investments so far this year in the Paris ...
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PropertyEU Archive
Caelum Development unveils new Polish mall project
Irish investment group Caelum Development said it has signed a contract with a consortium of construction companies Warbud and Mercury Engineering Polska to build the Nova Park shopping centre in Gorzow Wielkopolski, Western Poland.
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PropertyEU Archive
Panattoni Europe poised to enter Polish retail market
Warehousing space developer Panattoni Europe is planning to enter the retail property market in Poland in efforts to expand its reach in the country. The CEE unit of Panattoni has appointed Andrzej Lasocki to the newly created position of retail development director.
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PropertyEU Archive
Changes at JLL Russia
Jones Lang LaSalle announces changes in its Strategic Consulting and Valuation leadership in Russia and CIS. Robert Mayhew, who has been the head of Strategic Consulting and Valuation business in Russia and CIS since late 2006, will be relocating within Jones Lang LaSalle group at the end of 2010 to ...
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PropertyEU Archive
Eastern Europe leads retail growth: Savills
Poland, Hungary and Czech Republic will see the largest retail growth over the next five years, according to international real estate advisor Savills, but the UK's prospects are the best amongst the five biggest markets.
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PropertyEU Archive
Sjælsø sells 75% of Stockholm project to HSB
Danish property company Sjælsø has entered into an agreement with Swedish real estate developer HSB Bostad for the sale of 75% of its major development project in the municipality of Solna, Stockholm. The company said that the sale price is 'significantly above the acquisition price and book value', releasing cash ...
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PropertyEU Archive
Solvency II will spur insurers to increase lending to property
Solvency II will encourage European insurance companies to lend against property, delegates at the IPD/IPF Property Investment Conference were told last week.
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PropertyEU Archive
Partners Group closes EUR 750m real estate fund
Swiss investment manager Partners Group said on Friday that it has closed its first dedicated real estate secondary investment vehicle with total equity commitments of EUR 750 mln.
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PropertyEU Archive
KND sells land plot in Krakow for EUR 22m
KND, a subsidiary of the Irish-American real estate fund Tribeach, has divested a plot of land in the city centre of Krakow, Southern Poland. The transaction price amounted to PLN 83 mln (EUR 22 mln). The companies agreed not to disclose the name of the buyer. Colliers International advised the ...
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PropertyEU Archive
Storm completes purchase of Russian business centre
Norwegian investor Storm Real Estate and Swedish developer Ruric have agreed on a final settlement regarding the sale of the $20 mln (EUR 15 mln) Grifon House business centre in central St. Petersburg.
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News
EPRA urges property company exemption from derivatives regulations
EUROPE – The European Public Real Estate Association (EPRA) has urged the EU to prevent property companies from getting caught up in derivatives regulations designed to combat speculators.
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News
UK leads European real estate recovery, says CBRE
EUROPE – European real estate values continued to show improvement during the third quarter, particularly in core western Europe, according to CB Richard Ellis (CBRE).
