Latest reports – Page 3077
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PropertyEU Archive
Eur SpA seeks buyer for hotel project in Rome's business district
Eur SpA, the publicly-held company managing the development of Rome's Eur business district, has announced plans to sell a hotel project currently under development in the Italian capital's new congress centre.
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PropertyEU Archive
Ciloger buys Grand Angle mall for EUR 60m
France's Ciloger has acquired the Grand Angle inner city shopping centre project in Montreuil, in the eastern suburbs of Paris from developer Sopic for about EUR 60 mln. The purchase was carried out on behalf of two funds managed by Ciloger.
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PropertyEU Archive
First Property makes first purchase for Polish opp fund
AIM-listed property fund management group First Property said that its newly launched opportunity fund has made its first property acquisition with the purchase of a Carrefour hypermarket in Lodz, Poland for EUR 20 mln. The asset is leased with a term of 11 years and is forecast to earn a ...
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PropertyEU Archive
MPC buys Siemens property for new German fund
Hamburg-based MPC Capital has acquired an office and technology centre leased to Siemens for its newly launched MPC Deutschland 8 fund. Located in Erlangen, the energy-efficient property is occupied by Siemens' energy, industry and healthcare units on a 12-year rental agreement and an option to extend by a further five ...
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PropertyEU Archive
Lucie Vesela joins Colliers' Czech office
Lucie Vesela is joining Colliers International from Czech governmental agency CzechInvest. As a project manager at the agency, she was responsible for aftercare support for international IT and shared services companies. During almost 2 years, she worked for recognized clients such as IBM, InBev, Johnson & Johnson, Siemens Business Services, ...
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PropertyEU Archive
Tristan to launch new Curzon fund, recruits veteran team
European real estate investment manager Tristan Capital Partners is planning to raise EUR 500 mln early next year for its new fund Curzon Capital Partners III, CEO Ric Lewis told PropertyEU. 'The new fund will focus on core-plus properties in the UK and the Continent and all sectors including office, ...
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PropertyEU Archive
Ian Coull to retire from Segro next year
Segro, Europe's leading provider of flexible business space, announced on Friday that CEO Ian Coull will retire from the business during the course of 2011, when a successor has been appointed.
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PropertyEU Archive
Invista: no firm offers yet for asset sell-off
Invista Real Estate Investment Management has no definitive offers yet for its assets as it prepares to wind up its business. 'The company would like to make clear that no definitive proposals have yet been received for any of Invista's assets and there is currently no certainty as to the ...
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PropertyEU Archive
Pardoe to be next MD of Goodman UK logistics
Goodman Group has announced that Graham Pardoe is to be the next managing director of Goodman Group's UK logistics unit when Jason Dalby steps down on 1 January next year. Dalby will continue to work with Goodman on an advisory basis, sitting on several joint venture boards and will remain ...
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News
Dutch experts question effectiveness of property as inflation hedge
NETHERLANDS – At a meeting to celebrate the fifteenth anniversary of IVBN – the Dutch association on institutional property investors – experts yesterday called into question many pension funds' assumption that real estate investments help offset inflation.
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News
Rockspring enters student housing through counter-cyclical strategy
UK – Rockspring Property Investment Managers has entered the student accommodation market for the first time with the acquisition of 123 Fountainbridge, Edinburgh, in a joint venture with Mansion Group.
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News
Pension funds targeting US multi-family housing
GLOBAL – Multi-family housing has been identified as the favoured sector for investment in the US by a number of European pension funds, a position backed up by new research from Pramerica Real Estate Investors.
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News
Capital flows to US real estate set to double, says DTZ
GLOBAL – Global investment capital targeting US real estate is set to double in 2011 as the outlook for the market completes a dramatic improvement over the past 12 months, according to DTZ.
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News
Poland back on the agenda for Germany's NAEV
EUROPE – German pension fund Nordrheinische Ärzteversorgung (NAEV) is considering returning to the Polish real estate market after having divested and taken profits from the region in recent years.
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News
Ohio scheme to invest $400m in real estate funds
GLOBAL – The Ohio Public Employees Retirement System is conducting due diligence on investments into two new commingled funds totalling $400m (€287.4m).
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News
Los Angeles tenders RFI for separate account manager
GLOBAL – The Los Angeles City Employees Retirement System (LACERS) has approved a request for information (RFI) to hire a real estate manager for a separate account.
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PropertyEU Archive
Emerging Trends detects hopeful signs in US
US commercial real estate industry investors and professionals hint at hopeful signs of tempered commercial real estate market improvements after three years of dislocation and unprecedented loss, according to respondents of the Emerging Trends in Real Estate 2011 report.
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PropertyEU Archive
Skanska to invest EUR 36m in Polish green office project
Swedish construction and development giant Skanska has announced plans to invest EUR 36 mln in the first phase of a green office project in Warsaw, Poland.
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PropertyEU Archive
UK mall development pipeline dries up: C&W
The number of new shopping centres being completed in the UK this year is likely to fall by around 40% below the 10-year annual average, according to new research from Cushman & Wakefield. Just 80,000 m[sup]2[/sup] of shopping centre gross lettable area (GLA) was added to the market in the ...
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PropertyEU Archive
Raiffeisen in talks to buy Mall Varna from Miller
Austria's banking group Raiffeisen Bank International is seeking to acquire Miller Mall Varna, the owner of the Mall Varna shopping centre in Bulgaria. The property is owned by UK-based Miller Developments which in 2008 acquired it for EUR 120 mln in one of the country's largest single-asset deals. At the ...
