Latest reports – Page 3088
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PropertyEU Archive
Fujitsu leases 7,500m[sup]2[/sup] in Frankfurt
IT infrastructure provider Fujitsu Technology Solutions, has relocated from Bad Homburg to Frankfurt. Represented by international real estate adviser Savills, the company has secured 7,500 m[sup]2[/sup] office space at Astro Park in Bürostadt Niederrad.
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PropertyEU Archive
French property market emerges from two-year slump: IPD
French commercial real estate has emerged from a two-year slump to record a six-month 1.6% capital appreciation, according to the IPD French Bi-Annual Property Index.
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PropertyEU Archive
Uffi Ream shops in Rousset, Toulouse
French real estate investment manager Uffi Ream has acquired two properties located in the French cities of Rousset and Toulouse from Pylos France. The transaction price amounts to EUR 20 mln.
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PropertyEU Archive
Carlyle secures new letting in Edinburgh
The Carlyle Group has announced that thetrainline.com is to relocate its Edinburgh operations to the Tanfield office scheme on Inverleith Row.
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PropertyEU Archive
Salans expands real estate business
International law firm Salans has consolidated its real estate in the emerging markets in Central and Eastern Europe by poaching of a high-profile team from rival Clifford Chance. Pawel Debowski - rated as a 'Band Star' by legal bible Chambers Europe - and core members of his Clifford Chance team ...
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PropertyEU Archive
London, Paris experience inward yield shift: Savills
The UK has seen signs of prime yield stabilisation in the retail sector with further hardening forecast, according to international real estate adviser Savills. The firm reports that, between Q209 and Q210, prime London shopping centres and retail parks have seen an inward yield shift of 125 basis points. ...
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PropertyEU Archive
Retailers committed to expansion across CEE region
There is still huge retail potential across Central and Eastern Europe despite the global downturn, according to a raft of speakers at this year’s ICSC Czech Republic and Slovak Retail Real Estate Conference - the first joint conference held by the two ICSC national committees.
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PropertyEU Archive
Fredrik Sauter named new CEO of Banque Invik
Fredrik Sauter has been appointed CEO of Banque Invik. The Luxembourg-based bank is a wholly-owned subsidiary of Swedish firm Scribona which is changing its name to Catella.
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PropertyEU Archive
German retail warehouses back in the spotlight: research
German retail warehouses have reappeared on the radars of international investors, according to new research by BNP Paribas Real Estate.
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PropertyEU Archive
Sponda divests office building in Turku
Finnish real estate investment company Sponda said that it has sold an office building in the centre of Turku, Finland for some EUR 15 mln. The buyer is real estate adviser Heikki Vaiste. The property provides about 7,300 m[sup]2[/sup] of leasable retail and office space.
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PropertyEU Archive
Beni Stabili Gestioni sells office building in Rome
Italian real estate fund management group Beni Stabili Gestioni said that it has divested a fully-let office building located at Via Sant'Evaristo in Rome for EUR 18 mln. The property was owned by the closed-end Immobilium 2001 fund, managed by Beni Stabili Gestioni.
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PropertyEU Archive
BBVA Renting buys Sol Melia hotel in Benidorm for EUR 74m
Madrid-based BBVA Renting has acquired the Sol Pelicanos Ocas hotel property located in Benidorm, near Alicante from Spanish hotel group Sol Melia. The transaction price amounts to nearly EUR 74 mln.
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PropertyEU Archive
Sorgente launches takeover bid for Caravaggio fund
Italian property fund manager Sorgente said that it is making a takeover offer for the Milan-listed Caravaggio real estate fund through its Donatello-Comparto Iris investment vehicle. Donatello already holds a majority stake in Caravaggio and is offering EUR 2.9 per share, or a total of EUR 35 mln for the ...
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PropertyEU Archive
Tashir opens 175,000 m[sup]2[/sup] Rio mall in Moscow
Russia's Tashir Group opened its Rio shopping centre in the Moscow suburb of Reutov. The complex, offering 175,000 m[sup]2[/sup] of total retail space, represents an investment of $100 mln (EUR 74 mln).
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PropertyEU Archive
C&W recruits for new UK development and planning group
Cushman & Wakefield has appointed Philip Prince and Catherine Stephens to its new Development & Planning Group. Under the leadership of William Jackson, the Group brings together the firm's development consultancy, planning, residential and public sector teams.
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PropertyEU Archive
Alpha Industrial signs AM deal with AEW Europe
Cologne-based Alpha Industrial has signed an agreement with AEW Europe to asset manage 230,000 m[sup]2[/sup] of distribution warehouse space spread across seven properties
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News
Korea's National Pension Service goes global with $300m US mandate
GLOBAL – The National Pension Service (NPS) of Korea has hired The Townsend Group to invest $300m (€222m) of its capital opportunistically in the Americas.
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News
Large retails deals on the rise in Australia
AUSTRALIA – The sale of four retail outlet centres for $473m (€351m) has signalled a rebound in interest among institutional investors for large retail transactions in Australia, according to Jones Lang LaSalle (JLL).
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News
Quarterly INREV index shows first positive returns since 2007
EUROPE – Performance of European non-listed real estate funds returned to positive territory this year, the first time since 2007, according to inaugural quarterly index results for the sector.
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News
Former pension fund adviser to run 'liquid' global real estate fund
GLOBAL – Pacific Real Estate Capital Partners (PRECP) is to launch low-cost, liquid global real estate fund aimed at institutional investors "frustrated" with the performance of traditional property funds.
