Latest reports – Page 3248
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PropertyEU Archive
Investment volumes jump 53% in third quarter
Investment volumes jumped 53% in the third quarter, yields stabilised and even the occupational market managed to show some more encouraging signs, at least of approaching stability, according to Cushman & Wakefield’s latest European commercial property investment update.
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PropertyEU Archive
Lexmark selects CBRE as EMEA FM advisor
CB Richard Ellis announced on Wednesday that it has been selected by printer manufacturer Lexmark International to provide facility management services across the group's 46,000 m[sup]2[/sup] sales and marketing office portfolio in the EMEA region.
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PropertyEU Archive
Tony Horrell leaving JLL to move to client side
Tony Horrell, head of European Capital Markets at Jones Lang LaSalle, is leaving the global property adviser after 27 years. JLL said Horrell would leave towards the end of the year as he planned to 'move to the client side'.
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PropertyEU Archive
ECE's Limbecker Platz Essen opens for business
German inner-city shopping centre specialist ECE has announced the opening of Limbecker Platz mall in Essen on Thursday.
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PropertyEU Archive
Global Switch signs IBM for new Paris data centre
Global Switch said it has signed a commitment agreement with IBM for the preletting of technical space within its new data centre development at Clichy in Paris.
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PropertyEU Archive
Law firm leases half of FOZ building in Amsterdam's Zuidas
Law firm Simmons & Simmons has agreed to lease 5,000 m[sup]2[/sup] in the FOZ office project in Amsterdam's Zuidas office and residential district.
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PropertyEU Archive
Infra group buys Gatwick Airport for EUR 1.67b
New York-based Global Infrastructure Partners has agreed to buy Gatwick Airport from UK airport operator BAA for £1.51 bn (EUR 1.67 bn)
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PropertyEU Archive
IVG raises EUR 72m in capital increase
IVG Immobilien announced on Wednesday that it had successfully placed 10 million ordinary bearer shares with qualified investors as part of an accelerated bookbuilding process. The shares are priced at EUR 7.20 each, generating gross proceeds of EUR 72 mln.
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PropertyEU Archive
Kajima buys in London's Mayfair for EUR 34m
The UK subsidiary of Japanese construction giant Kajima Corporation has acquired an office and retail property in the Mayfair district of London for £31.5 mln (EUR 34.5 mln), Property Week has reported. The 2,900-m[sup]2[/sup] asset at 103 Mount Street, opposite the Connaught Hotel, was sold by Prupim at a 6.6% ...
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PropertyEU Archive
IGD boosts partnership with Carrefour in Romania
Italian property investment company Immobiliare Grande Distribuzione (IGD) Siiq has announced that its Romanian retail unit Winmarkt has signed a new lease agreement with French supermarket giant Carrefour regarding the opening of a new supermarket in Winmarkt's Grand Centre mall in Ploiesti, Romania by the end of 2009.
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PropertyEU Archive
ULI to explore 'new deal' for city development at Barcelona
Cities and investors in Europe need to do a 'new deal' in order to get out of the global economic crisis quickly and fully, according to the Urban Land Institute (ULI).
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PropertyEU Archive
Warburg - Henderson acquires multi-let building in UK retail park
Henderson Global Investors announced on Tuesday that its German joint venture investment company, Warburg - Henderson KAG, has acquired a multi-let building in the Waterfields retail warehouse park in Watford, UK for up to £41 mln (EUR 45 mln).
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PropertyEU Archive
Norrporten expands holdings in Hamburg's Hafencity
Swedish property group Norrporten has continued its expansion in Hamburg's HafenCity district with the acquisition of 12,000-m[sup]2[/sup] SKai office building earlier this month. The seller was Hamburg-based DWI Grundbesitz.
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PropertyEU Archive
ICSC launches initiative to support retail real estate in Russia
The International Council of Shopping Centers (ICSC) is launching an ICSC Liaison Committee in Russia on Thursday 12 November to support what it describes as the fast-growing retail development industry in the country. The event to launch the committee takes place from 4-6.30pm at the Hotel Baltschug Lempinski, Moscow.
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PropertyEU Archive
Montea leases 8,800 m[sup]2[/sup] facility to Groupe Challenger
Belgian warehousing group Montea has leased 8,800 m[sup]2[/sup] of storage and office space in Savigny-Le-Temple, near Paris to the international toy distribution group Challenger. The deal - one of 2009's largest leasing transaction in southern Paris - has a duration of nine years, with the first six years on a ...
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PropertyEU Archive
Major European markets drive investment in Q3: CBRE
Significant increases in real estate investment turnover in the UK, Germany and Spain in the third quarter of this year propelled an upturn in the European commercial real estate investment market, according to the latest data from CB Richard Ellis. European investment activity in the third quarter totalled EUR ...
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PropertyEU Archive
OVG to develop ASICS Europe's new HQ
Rotterdam-based real estate developer OVG projectontwikkeling has signed an agreement with ASICS Europe to develop the sportswear group's new European headquarters. The 5,000-m[sup]2[/sup] property will be developed in Beukenhorst-Zuid in the Dutch business district Hoofddorp near Amsterdam Schiphol Airport.
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PropertyEU Archive
Prologis leases 21,000 m[sup]2[/sup] in southwestern Germany
Prologis announced on Tuesday that it has leased a total of 21,100 m[sup]2[/sup] to two customers at Prologis Park Neuenstadt in southwestern Germany.
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PropertyEU Archive
SEB fund adds Cologne's Cacilium to portfolio
SEB Asset Management said on Tuesday that it has increased the proportion of German properties in its SEB ImmoPortfolio Target Return Fund open-ended real estate fund with the addition of the six-storey Cäcilium office property in Cologne. The fund now has 11 German properties.
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News
VBV re-grades real estate as higher risk
AUSTRIA – The financial crisis has prompted Austrian pension fund VBV to view real estate investing as more risky and tactical in nature than previously assumed, and requiring a more flexible allocation policy.
