Latest reports – Page 3265
-
PropertyEU Archive
Valad unveils equity raising
Sydney-listed real estate group Valad announced a fully underwritten equity raising to raise AUD$56.5 mln (EUR 33.3 mln). The proceeds will be used to settle the deferred liability of £29.5 mln which stems from Valad's acquisition of UK-based funds management business Scarborough in 2007 to form the basis of its ...
-
PropertyEU Archive
Andrew Jones to step down as head of retail at British Land
Andrew Jones is set to step down from his posts as executive director and head of retail at British Land. The UK REIT said in a statement on Wednesday that Jones is considering leaving and has commenced discussions 'regarding the timing of any such departure'.
-
PropertyEU Archive
Prologis leases 29,000 m[sup]2[/sup] toTPN
Prologis announced today it has signed a third-quarter lease agreement for a newly developed, 29,000 m[sup]2[/sup] distribution facility in the UK to TPN. The pallet distribution firm will occupy building 4 at Prologis Park Midpoint in the West Midlands. TPN is an established Prologis customer in the UK and ...
-
PropertyEU Archive
Multi opens Centrum Galerie in Dresden
Multi Development's Centrum Galerie on the Prager Straße has opened its doors in Dresden. The shopping gallery comprises a total retail area of 62,000 m[sup]2[/sup] spread over four floors with around 1,000 parking spaces.
-
PropertyEU Archive
Orco bondholders to consider restructuring plan
Troubled CEE developer Orco Property Group faces a crucial meeting at the Commercial Court of Paris on Thursday as bondholders are asked to back the company's restructuring plan. Orco was granted protection from its creditors by the Paris court last March, and earlier this month the firm proposed that the ...
-
PropertyEU Archive
Real I.S. acquires new Ernst & Young HQ in Brussels
German fund Real I.S. has re-entered the Belgian investment market after an eight-year absence by purchasing the new Ernst & Young headquarters from UK developer Segro for about EUR 35 mln in Diegem, Brussels. 'Despite a lacklustre market, this deal proves the importance of the German funds during this stagnant ...
-
PropertyEU Archive
Liberty International raises EUR 311m in share placing
UK-listed shopping centre group Liberty International raised gross proceeds of £280.5 mln (EUR 311 mln) from the placing of 56 million shares at 500 pence each on Wednesday. The proceeds will enable Liberty to resume investment in its UK regional shopping centres and Central London assets. Except for pre-existing commitments, ...
-
PropertyEU Archive
Pirelli RE sells property in Hamburg-Blankenese
Pirelli Real Estate has sold the Gossler's Park business premises in Hamburg-Blankenese to Paribus Real Estate for EUR 15.8 mln. 'The multi-purpose mixture of tenants from the retail, office, medical and residential sectors, combined with the Hamburg Blankenese location, ensures the investor long-term of continuous good returns,' said Paolo Bottelli, ...
-
PropertyEU Archive
ICSC brings outlet conference to Milan
The International Council of Shopping Centers’ is taking its Outlet Centre Conference to Milan for the first time. The event is being held on 14 & 15 October at the Starhotels Business Palace, Milan.
-
PropertyEU Archive
Robert Lawless joins HDG Mansur as CFO
HDG Mansur Investment Services has announced the appointment of Robert Lawless as chief financial officer. Lawless will serve as a member of the Executive Committee, the Investment Committee and the Senior Management Committee.
-
PropertyEU Archive
Commerz Real acquires office scheme southeast of Paris
Commerz Real acquired the office scheme 'Le Flavia' from GE Real Estate France in Ivry-sur-Seine near Paris. The total investment volume of the acquisition, which is earmarked for the hausInvest europa open-ended real estate fund, was about EUR 72 mln.
-
MagazineLateral thinking
The benefits of leverage are clear, but given property’s changing risk profile how much is appropriate and for how long? Kiran Patel reports
-
MagazinePrimary importance
In the pursuit of a more liquid market there are calls for a more organised secondary market says a new INREV survey, presented here by Sheta Patel
-
Magazine
Return to excess?
After historically low risk premia in UK real estate, it is now at its highest level since the early 2000s. But is this overly cautious, asks Paul Mitchell
-
MagazineReal estate gets nimble
Volatility presents tactical opportunities to gain from trading into and out of different forms of real estate investment depending on their position in the cycle; often benefits can outweigh liquidity considerations. Greg Wright reports
-
MagazineGo further
The engagement of the broader investment community is ever more essential to forecasting in today’s uncertain market conditions. Henri Vuong and Ruth Hollies repo
-
MagazineGold blend
The use of listed alongside non-listed real estate can create considerable benefits for the investor, especially in the current climate, says Brad Case
-
PropertyEU Archive
ASR tower in Netherlands sells for EUR 83m
The provincial authority for the Utrecht region in the Netherlands has backed a longstanding proposal to acquire the headquarters of insurance group ASR. The investment volume comes to EUR 82.7 mln.
-
PropertyEU Archive
Global downturn hits half of world's top shopping streets: C&W
More than half of the world's most prestigious shopping streets have been affected by the global economic downturn, with 54% of the 274 streets monitored by real estate adviser Cushman & Wakefield seeing their prime rents fall. Six of the 10 top shopping streets are located in Europe.
-
PropertyEU Archive
Planning cleared for Dublin's Ballymun Town Centre
Real Estate Opportunities (REO), developers of the Battersea Power Station site, has secured full planning permission for the EUR 800 mln regeneration of Ballymun Town Centre in north Dublin close to the airport.
