Latest reports – Page 3200
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PropertyEU Archive
PSJ Invest leases 20,000 m[sup]2[/sup] in Prague
Brno-based real estate developer PSJ Invest said that it has completed one of the largest deals in the Czech office property market with the leasing of 20,000 m[sup]2[/sup] of office space to Kooperativa Pojistovna, part of Vienna Insurance Group. The insurance firm has taken a large majority in the builder's ...
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PropertyEU Archive
Raiffeisen Bank extends lease on 8,000m[sup]2[/sup] in Bucharest
Austrian lender Raiffeisen Bank has extended its lease agreement on 8,000 m[sup]2[/sup] of office space it uses as its head office in Romania. The building, located in Bucharest's Charles de Gaulle Plaza, is owned by GLL Real Estate Partners' Accession Fund. Jones Lang LaSalle and CBRE Eurisko represented the owner ...
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PropertyEU Archive
Deka fund acquires Italian logistics portfolio for EUR 60m
Deka Immobilien has acquired a logistics real estate portfolio in northern Italy for its Deka-ImmobilienEuropa open-ended fund for about EUR 60 mln. The transaction involves 50,000 m[sup]2[/sup] of space leased on a long-term basis to an international food company in the Milan region and another 50,000 m[sup]2[/sup] leased to an ...
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News
Pension investors unveil environmental real estate index
GLOBAL – A study conducted on behalf of three major European pension investors has led to the launch of a global Environmental Real Estate index, after evidence showed few property managers meet the global standards pension funds expect when it comes to tackling environmental issues.
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PropertyEU Archive
UK property chiefs split on the shape of recovery
Leading experts in the commercial property sector in the UK have predicted a cautious year for listed real estate which will see the office market recover far more strongly than industrial, retail and residential property. The latest Expert Panel survey commissioned by Reita, the online portal for real estate investment ...
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PropertyEU Archive
Unibail-Rodamco leases Tour Majunga's parking area
Pan-European property company Unibail-Rodamco has signed a long-term agreement with Defacto for the leasing of the Villon parking lot at the feet of the Majunga tower development located in the Parisian business district La Defense.
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PropertyEU Archive
Swiss Life buys Lighthouse project for EUR 30m
Life insurer Swiss Life has acquired the Lighthouse office project in the Rhein area of Düsseldorf-Derendorf, Germany for around EUR 30 mln. The seller is Lighthouse Development, a joint venture of developer Projektentwicklung and Rheinmetall Immobilien.
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PropertyEU Archive
Valad Property Group appoints new COO
Multi-let specialist property fund manager Valad Property Group has appointed Christian Bearman as its new Chief Operating Officer to oversee its EUR 4.7 bn European operations. The appointment, which took effect on 11 January, signals Valad’s intention to consolidate and grow its European business through its 20 offices across 12 ...
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PropertyEU Archive
Now is the time to invest in UK property: King Sturge
Prime UK property, particularly in London, provides attractive opportunities for investment despite the inward movement of yields since mid-2009, according to a report from King Sturge. The report shows that prime UK property currently offers above-average investment prospects with London set to continue to deliver superior investment performance over the ...
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PropertyEU Archive
Number of investment bidders rises in Q4: RICS
The number of investment bidders per property rose for the first time across most Western European markets in the fourth quarter of 2009, with the biggest pick up seen in the Netherlands and France. There were some exceptions, however, with investment bidders remaining in decline in Italy, Switzerland and Cyprus. ...
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PropertyEU Archive
EBRD to finance construction of five Russian hotels
The European Bank for Reconstruction of Development (EBRD) said that it will fund the construction of five mid-market hotels in the Russian cities of Samara, Krasnoyarsk, Kaliningrad and Yaroslavl. The properties, offering a total of 897 rooms, will be developed by Russian Hotel Investment, a limited liability company incorporated in ...
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PropertyEU Archive
HB Reavis starts development of Kosice shopping mall
Eastern European developer HB Reavis said that it has started the construction of the Aupark Kosice mixed-use complex in Eastern Slovakia. The project is located in the Liberators' Square of Kosice and will include a shopping and entertainment centre as well as an office building. Completion is planned for the ...
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PropertyEU Archive
Prologis expands European fund and acquisitions team
Prologis, the leading global provider of distribution facilities, has announced the appointment of Ali Nassiri as Senior Associate in the European Fund and Acquisitions team. He will have particular involvement with the continued investment program for Prologis European Properties Fund II.
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PropertyEU Archive
Holowent launches EUR 114m bid for NR Nordic
Holowent, the investment vehicle of the Livingstone brothers, has made a EUR 114 mln takeover bid for NR Nordic & Russia Properties, a Euronext-listed real estate investor focusing on Russia, the Baltics and the Nordic region.
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PropertyEU Archive
JLL makes management changes in CEE
Jones Lang LaSalle announced on Tuesday that Thierry Delvaux, previously managing director responsible for the property advisor's businesses in Hungary and Romania, has accepted a new role as a managing director of the JLL International Business Desk (iDesk), based in Washington DC.
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PropertyEU Archive
Goodman agrees first development and sale in Sweden.
Goodman Group, the integrated property group which owns, develops and manages business and logistics space globally, has announced plans for its first development and associated sale in Sweden. The company has commenced the development of a pre-committed 21,500 m[sup]2[/sup] distribution centre on behalf of Staples, formerly known as Corporate Express, ...
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PropertyEU Archive
BNP Paribas Real Estate to launch new funds
BNP Paribas Real Estate plans to launch three new funds for the European market in 2010 after introducing a new retail fund in December, deputy CEO Henri Faure said in an interview with PropertyEU. The Paris-based services provider is also seeking to expand in the field of valuation. 'We foresee ...
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PropertyEU Archive
DG Hyp opens representative office in Paris
German property financier DG Hyp has opened a representative office in Paris in line with its strategy of focusing more strongly on the French real estate market. Up to now, the French market has been covered by DG Hyp's country desk in Hamburg.
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PropertyEU Archive
Prime Property Management expands team
Prime Property Management has announced property economists Sebastian Sinn and Rachel Simon joined the firm as property and asset managers on 1 January 2010.
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PropertyEU Archive
Patrizia launches new residential fund
Patrizia Immobilien is launching a new specialised fund via its subsidiary Patrizia Kapitalanlagegesellschaft in a move to further expand its fund business. The fund will comprise assets valued at EUR 300 mln following conclusion of the investment phase.
