Latest reports – Page 3188
-
PropertyEU Archive
Pradera unveils international expansion
Pradera has announced an expansion into new international markets, including the UK, as part of a comprehensive reorganisation and rebranding of the global retail property investment specialist.
-
PropertyEU Archive
Invesco Real Estate buys in Stockholm
Invesco Real Estate has announced its second acquisition in Scandinavia in 2010 with the purchase of Paradiset 29, a mixed use office and retail property in Stockholm for approximately EUR 82.5 mln. The deal brings the total Invesco has forked out in the region so far this year to EUR ...
-
PropertyEU Archive
Segro eyes opportunities in Continental Europe
Segro has said it will likely deploy more of its capital in Continental Europe than in its UK base over the next two years.
-
PropertyEU Archive
Multi sells Dutch office projects to focus on multifunctional malls
The Dutch arm of Multi Corporation has sold its portfolio of office projects to an investment company owned by Multi’s chairman Hans van Veggel.
-
PropertyEU Archive
Landic VI, Hemfosa seal Sweden's largest deal since 2008
Icelandic property company Landic VI has divested a portfolio of 44 properties across Sweden for a total of some SEK 2.3 bn (EUR 235 mln), in the country's largest property transaction since 2008. The buyer is Hemfosa Fastigheter, which has been in negotiations to acquire the portfolio since last summer.
-
PropertyEU Archive
Beni Stabili sells Torino jv interest and buys office property
Beni Stabili has signed an agreement for the sale of its 42.48% interest in the joint venture, Torino Zerocinque Trading, to Gefim Investimenti, which already has a 42.48% stake. The sales price is EUR 24 mln. At end-December, the venture was valued at EUR 19.9 mln.
-
PropertyEU Archive
Allianz in talks to acquire Porta di Roma mall
German investor Allianz is in exclusive negotiations with Italy's Lamaro Group to acquire the Porta di Roma shopping centre in the northern part of Rome for over EUR 400 mln. The sale by the Toti brothers' Lamaro vehicle is part of a major debt restructuring of the group, which also ...
-
PropertyEU Archive
Lending sentiment improves for prime property: CBRE
The first signs are emerging of a positive shift in sentiment amongst banks since early 2008, albeit heavily concentrated on the top end of the commercial real estate market in Europe, according to CB Richard Ellis. In its latest European Capital Markets report, CBRE says banks now find themselves in ...
-
PropertyEU Archive
LGP acquires retail assets in Liverpool for EUR 23m
Legal & General Property (LGP) has purchased 46 Hanover Street and 51-57 Church Street in Liverpool from Grosvenor Developments for a total sum of about £20 mln (EUR 23 mln).
-
PropertyEU Archive
Drivers Jonas sees 'grey' office market emerging in Frankfurt
The vacancy rate in the Frankfurt market rose to 17.4% by the end of 2009 and is likely to increase further as a result of the consolidation currently being witnessed in the finance and bank sector in the wake of the global financial crisis. That is one of the key ...
-
PropertyEU Archive
Tag to take 15% stake in Estavis
Hamburg-based real estate group Tag Immobilien is acquiring a 15% stake for EUR 2.15 per share in listed German residential property specialist Estavis. The investment is being carried out through the issue of 1.4 million new shares.
-
PropertyEU Archive
Cities combine brown and green at MIPIM
Remodelling brownfield sites and integrating sustainability into urban development strategies will be two of the key issues discussed by city administrators and real estate executives during MIPIM 2010, according to the organisers of the international property fair.
-
PropertyEU Archive
ING REIM appoints new head of Asset Management in Hungary
IING Real Estate Investment Management (ING REIM) CEE has announced the appointment of Gijs Klomp as the new head of Asset Management Hungary & Romania.
-
PropertyEU Archive
Lease renewals rise in Dutch office market: Savills
Lease renewals accounted for 32% of the Dutch office leasing markets in Amsterdam, Rotterdam, Utrecht and The Hague in 2009, compared to 14% in 2008., according to Savills, The international real estate adviser says existing tenants are postponing relocation in an effort to focus on cost saving, while new tenants ...
-
PropertyEU Archive
Barcelona office letting market to grow further in 2010
Barcelona's office market will see further growth in lettings activity in 2010 after seeing take-up in the last three months of 2009 double compared with the previous quarter. According to international real estate advisor Savills, large occupiers such as AXA and Cofely have paved the way for further activity, ...
-
PropertyEU Archive
Rockspring picks up Aberdeen mall at 7.9% yield
Capital & Regional, the UK co-investing property asset manager, announced on Wednesday that the Mall Fund has completed the sale of Aberdeen Shopping Centre to a client of Rockspring Property Investment Managers. The investment volume of £47.4 mln (almost EUR 54 mln) reflects an initial yield of 7.9%.
-
PropertyEU Archive
Real Invest Austria buys nine assets for EUR 140m
Bank Austria Real Invest, the property fund specialist for Bank Austria, has acquired nine assets in recent weeks for a total investment of EUR 140 mln. Its open-ended fund, Real Invest Austria, purchased seven residential buildings, a retirement home and a research laboratory. All the assets are located in Vienna.
-
PropertyEU Archive
Westimmo arranges EUR 120m financing for two Polish malls
German property lender Westimmo has provided MGPA's Europe Fund III with a EUR 119.8 mln financing facility for two modern shopping centres in Poland.
-
PropertyEU Archive
NPRO sells Oslo office building for EUR 22m
Listed firm Norwegian Property (NPRO) announced on Wednesday that it has entered into an agreement to sell an office building in the Oslo region for NOK 175 mln (EUR 22 mln). NPRO said the price is equal to the current valuation after re-measurement and 'reclassification of the property area in ...
-
PropertyEU Archive
Eurohypo appoints insider to head corporate banking Continental Europe
Stéphane Adolf is to head up the commercial real estate banking division for Continental Europe at German property financier Eurohypo. He succeeds Hartwig Glatzki who will take early retirement after 28 years at the bank.
