Latest reports – Page 3172
-
PropertyEU Archive
UK hotels may be checked into capex time bomb: Christie +Co
The lack, and misallocation, of capital expenditure could see a significant number of hotels miss the initial phase of a recovery that is moving ever closer, and also impact on their long-term viability, according to Christie + Co.
-
PropertyEU Archive
Treveria Asset Management names ex-banker as CFO
Treveria, the German retail-focused investment company, said it has appointed Bernhard Fuhrmann as chief financial officer at its subsidiary Treveria Asset Management (TAM) with immediate effect. The appointment follows that of Michael Neubuerger as chief executive officer of TAM.
-
PropertyEU Archive
Arcandor to sell Karstadt by end of April
Arcandor, the insolvent German retailer, plans to sell its Karstadt department store chain by the end of the April after creditors abandoned the majority of their claims.
-
PropertyEU Archive
Investors target core Central European markets: CBRE
The Central & Eastern European (CEE) commercial real estate investment market recorded a provisional EUR 275 mln turnover in the first two months of 2010, according to the most recent research by CB Richard Ellis.
-
PropertyEU Archive
Corestate awarded management of EUR 110m portfolio
Swiss investor Corestate has announced that it has been awarded the asset management mandate for a EUR 110 mln residential portfolio in Germany.
-
PropertyEU Archive
Prologis leases nearly 70,000 m[sup]2[/sup] in Central Europe
Prologis European Properties has signed five new lease agreements in Central Europe, covering a total of 68,800 m[sup]2[/sup]. Three lease agreements were signed in Poland, the first with Viva Manufacturing Poland, a subsidiary of the Viva Group, for 24,400 m[sup]2[/sup] at Prologis Park Teresin. The new five-year lease renewal will ...
-
PropertyEU Archive
UK industrial supply tightest on record: King Sturge
Industrial occupier markets remain challenging and supply continues to rise as the UK economy emerges from one of the most difficult periods in decades, according to the latest edition of King Sturge's UK Industrial Floorspace survey.
-
PropertyEU Archive
Fabege in EUR 32m deal with new residential partnership
Fabege is transferring two properties to a new residential partnership with fellow Swedish real state company, Oscar Properties Invest, for a total consideration of SEK 315 mln (about EUR 32 mln).
-
PropertyEU Archive
JLL appoints capital markets head for Hungary and Croatia
Jones Lang LaSalle (JLL) has appointed Benjamin Perez-Ellischewitz as head of Capital Markets for Hungary and Croatia.
-
PropertyEU Archive
DTZ looks to Citi for global head of institutional capital
Real estate adviser DTZ has appointed David Schaefer head of DTZ Investment Management, Asia-Pacific and global head of Institutional Capital for DTZ Investment Management. He joins DTZ with immediate effect and will be based in Hong Kong.
-
PropertyEU Archive
Cushman & Wakefield to lead hunt for Battersea funding
Cushman & Wakefield is to lead the search for funding among investors in Europe, the US and Asia Pacific for the major redevelopment scheme at Battersea Power Station in London. Real Estate Opportunities, the firm behind the scheme, has awarded the property adviser the exclusive global mandate to secure the ...
-
PropertyEU Archive
Carpathian disposes of 2 finance-bleeding developments
AIM-listed CEE real estate investment firm Carpathian has entered into agreements to dispose of subsidiaries that own two debt-laden shopping centre development projects in the western Romanian cities of Arad and Cluj.
-
PropertyEU Archive
Real I.S. buys EUR 42m Paris office from Unibail-Rodamco
German investor Real I.S. said on Monday that it has acquired an office building in Paris for around EUR 42 mln. The seller is Franco-Dutch property group Unibail-Rodamco, according to a Real I.S. spokesperson. The acquisition was carried out on behalf of the company's Bayerische Grundvermogen III Sicav real estate ...
-
PropertyEU Archive
FBU board approves EUR 42m unit buyback
The board of Oslo-listed real estate firm Fornebu Utvikling (FBU) has approved an offer to purchase the units held by all unit holders. The NOK 340 mln (EUR 42 mln) financing for the transaction is in place, the company, formerly known as Scandinavian Property Development, announced on Tuesday.
-
PropertyEU Archive
Mercialys teams up with Carlyle to bid for Cap 3000 mall
French retail specialist Mercialys is joining forces with US private equity group Carlyle to launch a bid for the Cap 3000 shopping centre in Nice. Mercialys' chief operating officer Gery Robert-Ambroix told PropertyEU in an interview that the mall offers several opportunities to add value through redevelopment and extension works.
-
News
Aviva's AIPL investments near €290m
UK – Aviva Investors has acquired more than £260m (€289m) of UK real estate over the last six months for its AIPL vehicle, a low-risk real estate fund for institutional corporate and local authority pension schemes.
-
News
Investor strategy prompts IVG Spezialfonds rethink
GERMANY – IVG Immobilien, Germany's largest provider of institutional open-ended real estate funds, is to dissolve three of its Spezialfonds, which together hold approximately €2bn in real estate assets.
-
News
German open-ended funds continue growth despite downturn
GERMANY - Germany’s open-ended real estate funds returned strong growth in 2009 and well into 2010, a new survey revealed today.
-
News
West Midlands bags UK shopping centre
UK – Property company and fund manager Delancey has sold a UK shopping centre for more than £70m (€78m) to the West Midlands Pension Fund.
-
News
Morgan Stanley launches secondaries fund
GLOBAL – Morgan Stanley has launched the first real estate fund of funds vehicle dedicated specifically to acquiring secondary interests in existing funds.
