Latest reports – Page 3271
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PropertyEU Archive
WDP sells in Belgium, builds in Netherlands
Warehouse specialist WDP said on Friday it is selling 111,000 m[sup]2[/sup] of its site in the Belgian town of Sint Niklaas to Sint Niklaas Logistics for EUR 12.5 mln. The sale consists of two thirds of the WDP site.
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PropertyEU Archive
Expo Real expects 14% decline in exhibitors
Around 1,600 exhibitors from 34 countries are expected to take part in the 12th edition of the annual Expo Real property fair, which is being held in Munich from 5 to 7 October. Messe München, the organiser of the event, bases its projections on the latest registrations.
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PropertyEU Archive
Private investors spend EUR 30m on Amsterdam retail
Private investors have acquired three retail units on the main shopping street in central Amsterdam for a total of EUR 30 mln. One of the properties sold on Kalverstraat was a Perry Sport outlet owned by Unibail-Rodamco. The other two assets were not disclosed at the request of the buyers.
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PropertyEU Archive
Quintain sells healthcare fund units for EUR 36m
UK property group Quintain on Friday announced the sale of units in the Quercus Healthcare Property Partnership fund for £31.3 mln (almost EUR 36 mln).
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PropertyEU Archive
Kardan raises EUR 38m in sale of GTC shares
Kardan, the real estate, financial services and infrastructure firm, has raised EUR 38 mln from the sale of 6.7 million shares in CEE real estate developer Global Trade Center. The stake was sold at PLN 24 (about EUR 5.75) per share. The transaction was led by Dutch financial ...
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PropertyEU Archive
Deka acquires prime retail unit in Dublin
Deka Immobilien has acquired a prime retail property from the Marks & Spencer group in Ireland. The 800 m[sup]2[/sup] unit on Grafton Street in Dublin is fully let on a long term lease to Tommy Hilfiger Stores Ireland.
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PropertyEU Archive
Investors set sights on Paris: Savills
International investors are set to target Paris as the search for good-quality well-let stock continues, according to Savills. The international real estate advisor reports a growth in investment activity in the French commercial market of 90% when comparing the first quarter of this year with the second , and an ...
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PropertyEU Archive
Asian fund buys office properties from Land Securities
Land Securities confirmed on Friday that it has exchanged contracts for the freehold sale of two office buildings in London to an Asian fund investor for £50.5 mln (almost EUR 58 mln).
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PropertyEU Archive
Fund manager increases focus on commercial property
Fund manager Managing Partners Limited (MPL), which runs the British Property Opportunities Property fund, is looking to increase its exposure to commercial property. It said that there are some very strong yields to be obtained in the sector and that many commercial properties are currently attractively priced for cash rich ...
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PropertyEU Archive
McArthurGlen opens Salzburg Designer Outlet
McArthurGlen, the outlet village specialist, and Vienna Insurance Group opened their EUR 135 mln joint venture project Designer Outlet Salzburg on Thursday.
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PropertyEU Archive
Prologis leases 14,300 m[sup]2[/sup] in the Czech Republic
Prologis announced on Thursday that it has leased 14,300 m[sup]2[/sup] of newly developed distribution space in the Czech Republic during the third quarter to Geis Logistics, a full-service, global logistics company.
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PropertyEU Archive
Largest European mall to open in Moscow on schedule
The Patero Development company has confirmed that Golden Babylon Rostokino shopping centre in Moscow will open on 18 November this year as planned. The mall will comprise 241,000 m[sup]2[/sup] of space, making it the largest urban shopping centre in Europe, the developer said.
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PropertyEU Archive
Deutsche Pfandbriefbank completes new EUR 36m financing
Deutsche Pfandbriefbank announced it is providing a medium-term loan facility of over £32 mln (EUR 36.6 mln) to a Far Eastern fund making acquisitions in London.
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PropertyEU Archive
Credit Suisse puts Amsterdam trophy building up for sale
Crédit Suisse plans to sell the Viñoly trophy office building, part of the Mahler4 complex in Amsterdam's mixed-use Zuidas district. The Swiss financial group reportedly wants to sell the 30,000 m[sup]2[/sup] fully let building, which it acquired in 2003, for EUR 140 mln as part of a restructuring of its ...
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PropertyEU Archive
Kaupthing extends senior debt facility for Invista Celsius jv
Iceland's Kaupthing Bank has extended the Invista Celsius joint venture's existing senior debt facility. Invista Real Estate said the two-year extension is on the same terms as the original loan agreement.
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PropertyEU Archive
Hansainvest fund acquires two office buildings in Cologne
A special fund managed by Germany's Hansainvest has invested around EUR 55 mln to acquire the RheinPalais and RheinAtrium office properties in Cologne from Austrian firm CA Immo. The properties comprise a total rentable area of 16,000 m[sup]2[/sup] and are part of the RheinTriadem complex.
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PropertyEU Archive
BAT Hungary renews lease at Terrapark
Cushman & Wakefield (C&W) announced it represented British America Tobacco Hungary in the lease renewal fro 4,000 m[sup]2[/sup] in Terrapark D office building in Budapest.
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PropertyEU Archive
Andrew Hynard appointed chairman of JLL England
Jones Lang LaSalle has announced that Andrew Hynard is to become chairman of its English business, following John Stephen’s retirement at the end of October.
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PropertyEU Archive
Altarea's rental income up 32% in H1 2009
French commercial property company Altarea said rental income from its shopping centre portfolio increased by 32% in the first half of 2009, mostly driven by new openings of shopping centres in the country.
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PropertyEU Archive
Alinso develops largest, diversified business park in CEE
Belgium's Alinso Group has officially launched the development of logistics facility Ploiesti West Park in Romania. Alinso said the 220-hectare park will be the largest, diversified business park in CEE.
