Latest reports – Page 3199
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PropertyEU Archive
Norway's Verdispar starts construction of Croatian mall
Norwegian property investment manager Verdispar has begun the construction of Lumini shopping centre in Northern Croatia. The project, which represents an investment of EUR 45 mln, will be the first new generation shopping mall in the Varazdin region of Croatia. It will include 80 shops across 33,000 m[sup]2[/sup] of retail ...
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PropertyEU Archive
PEPR leases 50,000 m[sup]2[/sup] to Grupo Carreras in Spain
Prologis European Properties (PEPR) has signed a new 12-year lease agreement with Spanish logistics company Grupo Carreras for a total of 48,400 m[sup]2[/sup] at the Prologis Park Penedés in Catalonia, Spain.
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PropertyEU Archive
Ulf Nilsson appointed head of Savills Sweden
International real estate adviser Savills has announced the promotion of Ulf Nilsson to CEO of its Swedish business. Ulf Nilsson, who has 25 years experience of property and financing transaction and advice, is also head of corporate finance in Sweden. He will be supported by head of valuation Lars ...
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PropertyEU Archive
Junker to step down as COO of Sjælsø Gruppen
Sjælsø Gruppen has announced that Jørgen Junker will step down from the position of chief operating officer at the Copenhagen-listed real estate firm on 1 October.
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PropertyEU Archive
Pirelli RE, Fimit suspend merger study
Pirelli & Co. Group, Pirelli & Co Real Estate and Fondi Immobiliare Italiani (Fimit) said in a joint statement on Friday that they have suspended a merger study to create Italy's leading asset manager.
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PropertyEU Archive
Sansedoni unveils separation plan
Italian group Sansedoni has unveiled plans to separate its business into two real estate units to resolve a dispute among its shareholders. The company said last week that its key shareholders have signed an agreement in principle which envisages the split-up of Sansedoni's activities by the end of June 2010.
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PropertyEU Archive
Deka Immobilien buys from Corio in France
Deka Immobilien has acquired a retail property Rue Sainte-Catherine, Bordeaux for EUR 68 mln. The building is fully let on the basis of long-term lease agreements.
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PropertyEU Archive
UK property upturn unsustainable: Ernst & Young ITEM Club
UK commercial property prices rose 3% in December, their highest monthly rise in 23 years, but the chances of a sustained recovery in 2010 and beyond are unlikely, according to the Ernst & Young ITEM Club.
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PropertyEU Archive
Bouygues buys Urbiparc business park developer
French property developer Bouygues Immobilier said that it has completed the acquisition of Urbiparc, a Grenoble-based commercial real estate development company. The financial details of the transaction were not disclosed.
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PropertyEU Archive
Larry Smith enters the Baltic States
Property services firm Larry Smith Italia said that it has entered into a partnership agreement with Agents And Advisors (AAA) to provide retail real estate services in the Baltic states.
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PropertyEU Archive
Emerging Trends report: long haul ahead for European real estate
Europe's real estate industry is cautiously optimistic about prospects in 2010, but the road ahead will be long and arduous with no guarantee of a lasting recovery. That is the tenor of the Emerging Trends in Europe 2010 report, which will be presented at the annual ULI Europe trends conference ...
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PropertyEU Archive
JLL opens new office at La Defense in Paris
Jones Lang LaSalle has announced the opening of a new office in the Parisian business district of La Defense. The 20-staff office under the leadership of Eric Siesse became operational in the Berkeley building at the beginning of the year.
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PropertyEU Archive
Sberbank to get Nordstar centre in exchange for Don-Stroy debt
Russian state-owned lender Sberbank is expected to take control of real estate developer Don-Stroy's Nordstar Tower business centre as part of a major debt restructuring agreement, business daily Vedomosti reported this week, citing sources close to the process.
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PropertyEU Archive
Ikea to build first green business park in Poland
SwedeCenter, a development unit of the Inter Ikea Group, has unveiled plans to build the first ecological business park in Poland. Cushman & Wakefield will be responsible for the commercialisation of the complex.
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PropertyEU Archive
AMB Property leases 13,500 m[sup]2[/sup] in Tilburg
AMB Property Europe announced it has signed a lease with Ingram Micro, a global technology distributor, for about 13,500 m[sup]2[/sup] in AMB Tilburg Distribution Center 1 in the Netherlands. AMB Property Europe is an affiliate of New York-listed global industrial real estate specialist AMB Property Corporation.
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PropertyEU Archive
West End rents to rise by 40%: C&W
Property adviser Cushman & Wakefield has forecast that prime West End rents in Londin will rise by 40% between now and 2012 which would mark a return to levels above £100 (EUR 115) per square foot. Lack of supply is expected to lead to a return in pre-letting activity.
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PropertyEU Archive
Unibail-Rodamco top environmental performer on Continent
Unibail-Rodamco is the best environmental performer among listed property stocks in Continental Europe, in third place after UK companies Big Yellow and Hammerson (UK-France). Funds managed by ING Real Estate Investment Management (ING REIM) perform strongly in the ranking for unlisted property owners.
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PropertyEU Archive
Hahn Group agrees strategic cooperation with Unimo
German retail investment specialist Hahn Group has said a new cooperative agreement with Swiss firm Unimo will open up a new procurement pipeline and faciliate entry into the market segment for 'A' retail locations.
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PropertyEU Archive
Tamar Capital launches European operation
Tamar Capital Partners a new property investment and asset management company focusing on the UK, Western and Northern European markets, has announced it has already secured management contracts and assets with a total gross asset value in excess of £750 mln (EUR 867 mln). The portfolio forms the core base ...
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PropertyEU Archive
Germany holds green building summit
German construction and real estate professionals will discuss the creation of an integrated approach to sustainability certification during the Green Building Summit 2010 in Frankfurt on 23-24 February. While the issue of sustainability continues to grow in importance in the real estate sector, there is a confusing number of evaluation ...
