Latest reports – Page 3227
-
PropertyEU Archive
GE RE enters partnership for office complex at Paris-Charles de Gaulle
Aéroports de Paris (AdP) and GE Capital Real Estate France, through its subsidiary Fonciere Ariane, have signed a partnership agreement in relation to the Continental Square office complex project at Paris-Charles de Gaulle Airport.
-
PropertyEU Archive
Aberdeen fund buys office property in Stavanger
Aberdeen Property Investors (API) said that its Property Nordic Fund I has acquired a fully-let office development in the Norwegian oil town of Stavanger for around EUR 16 mln. The office project will provide a gross lettable area of 6,500 m[sup]2[/sup] and 150 parking spaces on completion.
-
PropertyEU Archive
VTB Bank takes controlling stake in Sistema-Hals
Russian bank VTB announced on Thursday that it has exercised a call option to acquire 31.5% of the shares of Sistema-Hals. The bank acquired the shares from the Russian real estate firm’s parent company AFK Sistema for a symbolic price of thirty roubles (about 67 euro cents).
-
PropertyEU Archive
Deka acquires Freshfields House in Hamburg
German real estate investment group Deka Immobilien has acquired Freshfields House in Hamburg from the global private equity firm The Carlyle Group.
-
News
State Street acquires Mourant to build alternatives presence
GLOBAL – State Street Corporation has made a fresh move to build its presence in the global administration market and acquired alternative investments administrator Mourant International Finance Administration (MIFA) in a cash deal.
-
PropertyEU Archive
Drees & Sommer to manage construction of Ziraat Bank building in Istanbul
German project management specialist Drees & Sommer is to co-ordinate the construction of the office high-rise for the Turkish Ziraat Bank in Istanbul. Drees & Sommer won the tender for project management services against international competition and the contract was signed in Ankara at the beginning of November.
-
PropertyEU Archive
Rockspring wins asset management contract in Hungary
UK-based Rockspring Property Investment Managers has been appointed to provide asset management consultancy for a portfolio, mainly comprising retail assets, in Hungary on behalf of Anglo Irish Bank.
-
PropertyEU Archive
Westimmo provides EUR 72m financing for Sigma fund
Westdeutsche ImmobilienBank (Westimmo) announced on Tuesday that it acted as agent and arranger for an acquisition financing for the closed-end 'Signa 11 Brussels' fund planned by Signa Property Funds Deutschland.
-
PropertyEU Archive
H&M signs up for Leto mall in St Petersburg
Russian real estate company Sistema-Hals and French developer Apsys Group have announced that a H&M fashion store will occupy 1,700 m[sup]2[/sup] over two floors at their Leto shopping centre project in St Petersburg. The retailer entered Russia at the beginning of 2009.
-
PropertyEU Archive
Allianz RE in talks to buy 50% of Budapest mall
Germany's Allianz Real Estate is in talks with ING Real Estate Development to take a 50% stake in the EUR 200 mln Allee shopping centre in central Budapest. Industry sources told PropertyEU that ING RED, advised by Cushman & Wakefield, is planning to sell half of the property, which opened ...
-
PropertyEU Archive
State Street to acquire European fund administrator
New York-listed State Street Corporation is acquiring Mourant International Finance Administration (MIFA) to expand its global fund administration and alternative servicing capabilities.
-
PropertyEU Archive
Citycon in EUR 50m bond issue to finance development
Finnish property company Citycon has received approval from the Finnish stock market authority for a EUR 50 mln bond issue.
-
PropertyEU Archive
EPRA to work more closely with pension funds
The Europe Public Real Estate Association (EPRA) is to pay more attention to pension funds that invest in property equities but remain an under-represented group within the association.
-
PropertyEU Archive
Former Citi property boss sets up UK hotel group
Akkeron Group, an investment business formed by a former head of property at Citi's investment bank, has launched a new hotel platform.
-
PropertyEU Archive
Helical contracts Skanska to build Polish shopping centre
Helical Poland, a subsidiary of London-listed real estate company Helical Bar, has contracted the Polish arm of construction giant Skanska to build a shopping centre in southeast Poland. The contract value is PLN 153 mln (about EUR 37 mln). The new Turawa shopping centre in Opole, situated between Wroclaw and ...
-
MagazineNo time for newcomers
Stable, capable and credible: the crisis has not changed investor demands on fund managers significantly. Funds are upping the ante – newcomers will have to fight for a share of the cash. Shayla Walmsley reports
-
PropertyEU Archive
Niam acquires property in Kista for EUR 46m
Swedish private equity group Niam has acquired an office property in Krista, northwest of central Stockholm, from European Property Fund SICAV at a significant discount. The deal was based on a property value of SEK 485 mln (EUR 46.5 mln), 35% less than the price the fund paid for the ...
-
PropertyEU Archive
Karimpol to start construction of Warsaw's Equator II project
CEE real estate developer Karimpol has announced that it is poised to start the second phase of development of its Equator office project in Warsaw. The development, providing some 21,000 m[sup]2[/sup] of modern A-class office space, has already been granted a building permit. Construction work will be carried out by ...
-
PropertyEU Archive
Grant Thornton sells former Midland Bank HQ for £40m
Grant Thornton, administrator of Poultry Developments, has sold the former Midland Bank headquarters at 37-45 Poultry, in the City of London, for £40 mln (EUR 44 mln) to a private family trust. The deal was handled by law firm DLA Piper, who advised Grant Thornton on the sale.
-
PropertyEU Archive
Wealthy investors call bottom of property market: Barclays Wealth
High net worth individuals (HNWIs) have renewed confidence in residential and commercial real estate, according to the latest Barclays Wealth Insight report.
