Latest reports – Page 3217
-
PropertyEU Archive
Fabege signs lease with Vectura in Solna Business Park
Vectura Consulting has signed a lease for 6,300 m2, including 5,900 m[sup]2[/sup] of office space, in Fabege's Fräsaren 10 property on Svetsarvägen 24 at Solna Business Park in Sweden.
-
PropertyEU Archive
Alpha Pyrenees has LTV convenants removed to 2014
Alpha Pyrenees Trust has reached an agreement with its bankers to remove the loan-to-value covenant tests on its loans for both its French and Spanish portfolios until February 2014 and to extend the term of the Spanish loan to February 2015.
-
PropertyEU Archive
UBS to liquidate $6bn real estate fund - report
Swiss bank UBS plans to dismantle a $6 bn (EUR 4 bn) real estate fund by selling property assets and returning the proceeds to the fund's investors. The Zurich-based lender believes the sale to be in the best interest of investors because it creates liquidity quickly, while preserving value, Dow ...
-
PropertyEU Archive
Genesta purchases office building in Oslo for EUR 53m
Genesta has acquired the Grensen 5-7 property in Oslo from Storebrand Eiendomsfond for EUR 53 mln, before deduction for latent capital gains tax.
-
PropertyEU Archive
Hines launches EUR 250m development fund in Italy
The Italian fund management arm of US real estate developer Hines has launched a new property development fund which will take control of part of Milan's Porta Nuova mixed-use project, worth some EUR 250 mln. The launch of the Porta Nuova Isola fund comes shortly after the closing last ...
-
PropertyEU Archive
Peab sells Swedish Television building in Malmo
Swedish listed property company Peab said it has sold the Swedish Television (SVT) office building at Varvsstaden in Malmö, southern Sweden to Wihlborgs Fastigheter for around SEK 160 mln (EUR 15 mln). The sale follows closely on the completion of the building, which will house the new office of broadcaster ...
-
PropertyEU Archive
Europe main target of doubling of investment in 2010: DTZ
Europe will be the main target of global investment in 2010, according to a new report by property adviser DTZ that predicts that $315 bn (EUR 219 bn) of capital will be available for investment in real estate worldwide. This is double the US$157 bn of capital transacted in the ...
-
PropertyEU Archive
Warburg-Henderson acquires office property in London for EUR 83m
Warburg-Henderson has carried out its fourth acquisition in the UK this year with the purchase of an office property in London for £74 mln (EUR 83 mln).
-
PropertyEU Archive
Immofinanz and Immoeast set to merge
Austrian-listed property group Immofinanz is to merge with its CEE subsidiary, Immoeast, as the final element of the restructuring of the group.
-
PropertyEU Archive
Direct European property investment to reach EUR 70b in 2009: JLL
Direct commercial real estate investment in Europe will reach close to EUR 70 bn in 2009, according to new research from Jones Lang LaSalle. The fourth quarter of 2009 will be the third consecutive quarter of increasing volumes and also the strongest quarter of the year, with almost EUR 25 ...
-
PropertyEU Archive
Sansedoni JV buys EUR 280m portfolio in Italy
Italian property company Sansedoni said it has acquired a portfolio worth around EUR 250-280 mln from a joint venture of Aedes and Cordea Savills. In a statement this week, Sansedoni said it has completed the purchase of five assets - Corti di Baires, Duse, Crocetta, Olona and Cubani - which ...
-
PropertyEU Archive
MGPA fund buys UK land bank firm for EUR 59m
MGPA, the private equity real estate investment advisory company, has completed the acquisition of the UK land bank company, Lands Improvement Holdings plc (LIH), for £52.5 mln (EUR 59 mln). The vendor was Clerical Medial Investment Group, part of the Lloyds Banking Group (CMIG). MGPA carried out the acquisition on ...
-
PropertyEU Archive
Youniq starts construction of student apartments in Munich
German-listed Youniq has commenced construction of a student living project in Munich's northern district of Milbertshofen. The company will deliver 85 student apartments - modelled on the Youniq concept - on a site located on Schleissheimer Strasse in time for the winter semester of 2010/2011.
-
PropertyEU Archive
Pramerica signs UN-backed Principles for Responsible Investment
Pramerica Real Estate Investors has signed the United Nations-backed Principles for Responsible Investment. 'We are proud to sign on to the Principles for Responsible Investment, which more closely aligns us with our clients' financial and social objectives,' said Pramerica CEO Allen Smith.
-
PropertyEU Archive
Investec GLL fund acquires Warsaw scheme for EUR 71m
Luxembourg-based Investec GLL Special Global Opportunities Real Estate Fund is purchasing the Marynarska Point property in Warsaw from the European commercial development unit of international construction firm Skanska for SEK 740 mln (almost EUR 71 mln).
-
PropertyEU Archive
NCC to construct Clarion Hotel in Stockholm
Swedish property and construction group NCC said it has been commissioned to construct the Clarion Hotel at Stockholm Arlanda Airport. The client and property owner is the state-owned LFV Group (Swedish Airports and Air Navigation Services) and the hotel will be operated by Choice Hotels Scandinavia. The project will be ...
-
PropertyEU Archive
Aviva Investors selects C&W to manage UK portfolio
Aviva Investors has awarded Cushman & Wakefield the property management mandate for its Aviva Investors Property Trust (AIPT). The fund's portfolio includes a mix of shopping centres, high street retail, retail parks, industrial estates, business parks and leisure schemes throughout the UK.
-
PropertyEU Archive
Aviva re-opens European property fund
Aviva Investors has reopened its European Property Sicav more than a year after it imposed a freeze on UK investors withdrawing from the EUR 250 mln vehicle. Back in November 2008, Aviva suspended dealing in the fund's units due to a lack of liquidity.
-
PropertyEU Archive
CBRE Investor's Eolis in Brussels awarded environmental certs
CBRE Investors has announced that Eolis, a 9, 000-m[sup]2[/sup] office complex in Brussels, has been awarded the environmental certification NF Bâtiments Tertiaires - Démarche HQE from Certivéa. Eolis, located in the centre of Brussels, near the canal, at 13-15 Square Sainctelette, has been entirely renovated and restructured, taking into account ...
-
PropertyEU Archive
JLL to open office in Cairo
Jones Lang LaSalle has announced that it is opening a full-service real estate operation in Cairo during the first quarter of 2010. The announcement was made at the 4th Annual Cairo Investment Forum at the Semiramis InterContinental Hotel, Cairo, during which the firm also released a strategic research report, ...
