Latest reports – Page 3162
-
PropertyEU Archive
Skanska to develop EUR 35m office complex in Stockholm
Construction and development group Skanska has announced it is to develop new offices for Norwegian financial advisory group Visma in Stockholm. Skanska is to invest SEK 345 mln (EUR 35 mln) in the project.
-
PropertyEU Archive
Schroders closes its Columbus real estate fund
International law firm SJ Berwin has advised Schroders on the establishment and first closing of its Columbus real estate fund. The fund, which will target returns of 15% per annum net of fees, will acquire real estate in the UK which has value-added potential and will be a mix of ...
-
News
Concerns over offshore vehicles drive demand for local real estate structures
EUROPE – Cross-border investors in Germany, France and Italy are increasingly looking to locally- regulated structures for their international real estate investments, according to Schroder Property.
-
News
UK residential returns outperformed commercial property - IPD
UK – Investment grade residential real estate in the UK has outperformed commercial property in the country over the past three, five and nine years, and delivered a double digit total return of 11% in 2009, according to International Property Databank (IPD).
-
News
London’s iconic Tower 42 is put up for sale
UK – Hermes Real Estate, the wholly owned property fund management arm of the BT pension fund, has put the Tower 42 office building in the City of London on the market for £300m (€342m).
-
News
BVK expects to tap opportunistic real estate growth
SWITZERLAND – Swiss pension fund BVK is confident that opportunistic fund managers it has committed capital to will soon begin to see more opportunities in the global real estate markets.
-
News
Nebraska to tap discounted real estate secondary market
UNITED STATES - Nebraska Investment Council has approved a $40m (€29.4m) investment into the Landmark Real Estate Partners VI commingled fund.
-
News
Oklahoma Teachers to make core first play in real estate
UNITED STATES - Teachers’ Retirement System of Oklahoma will make an investment in core open-ended commingled funds as its first ever move into real estate.
-
PropertyEU Archive
Aviva Life & Pension buys UK retail park at 6.04% yield
Aviva Life & Pension UK has purchased Cambridge Close Retail Park in the UK from The Junction, a fund run by co-investing asset manager Capital & Regional.
-
PropertyEU Archive
Jones Lang LaSalle strengthens Industrial Agency Team in CEE
Jones Lang LaSalle has announced that it is significantly strengthening its industrial team in the CEE region in a step that positions the business to best take advantage of recovering markets and opportunities emerging within the region. Jones Lang LaSalle confirmed that from 1 July Tomasz Olszewski will join the ...
-
PropertyEU Archive
Reul to head German funds at Corestate
Georg Reul is joining the board of Swiss-based investment house Corestate Capital to head the firm's fund business in Germany. Previously, Reul was with IVG for 14 years. During the last five of these, he was member of the IVG management board and in charge of institutional and private funds ...
-
PropertyEU Archive
Norwegian fund acquires Movenpick hotel in Zurich
Swiss investment manager Helvetica Property Investors has acquired the four-star Movenpick hotel in Zurich's Regensdorf area on behalf of the Norwegian real estate fund, Swiss Real Estate Danmark. The seller is the Swiss real estate company Clair. The transaction is 'in excess' of NOK 150 mln (EUR 20 mln), the ...
-
PropertyEU Archive
Aerium acquires property in Paris at 6.4% yield
Aerium Properties 7 has acquired a mixed use property in the 16th arrondissement of Paris from a private Irish investor. The sale price of EUR 10.5 ml reflects a
-
PropertyEU Archive
NBG launches EUR 1bn property investment unit
The National Bank of Greece (NBG) has announced the launch of a new property investment arm which will focus on investment and management of real estate assets. The new unit, called NBG Pangaea Real Estate Investment Company, is fully owned by NBG and controls a portfolio of 241 commercial properties ...
-
PropertyEU Archive
BREEAM rated buildings continue to grow with ICSC
BREEAM registrations and certifications for ICSC members continue to grow. Over 40 developments in 13 countries have now registered for assessment. Around 1500 are registered in total including the UK. BREEAM awarded final certification for a growing number of sites from developers that include Redevco, Multi, Wilhelm & Co and ...
-
PropertyEU Archive
Richard Jones joins Topland as financial director
Richard Jones has joined UK investment firm Topland Group as finance director. He was previously chief financial officer and Group Finance director at Gazeley. Jones has over 25 years of experience as financial professional in the property industry and previous employers also include Railtrack and Heron.
-
PropertyEU Archive
UBS Sima to raise EUR 370m for acquisitions
Swiss fund manager UBS said it will seek to raise up to CHF 530 mln (EUR 370 mln) for its Sima property fund to finance acquisitions. The operation, which will take place from 22 to 30 April, is the first capital hike carried out by the fund since 2002.
-
PropertyEU Archive
Shed investment halved in Q1
European real estate firms invested some EUR 300 mln to acquire warehouse and logistics facilities in the first quarter of this year, more than 50% down on the transaction volumes in Q1 last year.
-
PropertyEU Archive
Jolly takes reins at new Cadena Group
Cadena Group has announced the appointment of Chris Jolly as its first CEO. Jolly was previously a non-executive director of Cadena Group, which is the parent company of Pradera, the specialist retail fund manager. Cadena Group's formation follows the reorganisation of Cadena Holdings and Pradera last month, which saw Cadena ...
-
PropertyEU Archive
Global hotel investment up 53% in Q1: JLL
The global hotel investment market experienced a strong start to the year with first-quarter transaction volumes reaching $2.8 bn (EUR 3.2 bn), a 53% increase on the $1.8 bn transacted in Q1 2009, according to Jones Lang LaSalle.
