Latest reports – Page 3275
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PropertyEU Archive
Segro plans to expand further in Europe
UK industrial REIT Segro is keen to expand in Europe following its takeover of rival Brixton, Segro CEO Ian Coull said in an interview with PropertyEU. ' We are actively watching the radar screen and interested in expanding in Germany, France and Poland. These economies are fairly strong and are ...
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PropertyEU Archive
Unibail-Rodamco's Poitrinal appointed EPRA chairman
The European Public Real Estate Association (EPRA) has announced the appointment of Guillaume Poitrinal, chairman and CEO of Unibail-Rodamco, as the new chairman of the association.
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PropertyEU Archive
Deka acquires office building in Washington DC for EUR 146m
Germany's Deka Immobilien has purchased the newly built office property '1999 K Street' in Washington DC for $208 mln (about EUR 146 mln). The property was sold by US real estate investment trust Vornado.
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PropertyEU Archive
Helical Bar sells Rex House in London for EUR 39m
Helical Bar has sold its short leasehold interest in Rex House, 4 -12 Regent Street, London SW1 to the freeholder, The Crown Estate, for a cash consideration of £34 mln (EUR 38.7 mln).
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PropertyEU Archive
Reyal Urbis' loss narrows to EUR 69m in H1 2009
Spanish property company Reyal Urbis said it reported a loss of EUR 69 mln in the first half of the year, representing an 80% improvement compared to a loss of EUR 332 mln in the same period last year. In a statement to the Spanish financial market regulator CNMV on ...
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PropertyEU Archive
Amplion fund acquires 50,000m[sup]2[/sup] portfolio in Finland
The ANL Kiinteistöt 1 fund, which is managed by Sweden's Amplion Asset Management, has acquired a major office/retail portfolio in Finland from Trackside Holding for an undisclosed sum.
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PropertyEU Archive
Warimpex sells Andel's hotel in Krakow to Deka
Warimpex has sold its Andel's hotel in the Polish city of Krakow to Deka Immobilien. The financial details of the transaction were not disclosed.
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PropertyEU Archive
Arcandor top managers quit as insolvency proceedings open
The chief executive and other top managers at German retail and tourism group Arcandor resigned on Tuesday as involvency proceedings at the company opened at a court in Essen.
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PropertyEU Archive
Delivery of EMEA office developments to surpass 2008 level - CBRE
An acceleration of completions of speculative office development schemes in markets across Europe, Middle East and Africa (EMEA) in the second half of this year will result in the total for 2009 surpassing 2008 levels, according to the latest research by CB Richard Ellis (CBRE).
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PropertyEU Archive
AMB leases 6,000m[sup]2[/sup] in Paris development
Industrial real estate operator and developer AMB announced it has leased 6,000 m[sup]2[/sup] in AMB Port of Rouen, a development in the Paris market which is now fully leased.
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PropertyEU Archive
Henderson's Herald signs two lettings at Serravalle
Henderson Global Investors' EUR 900 mln pan-European retail property fund, Herald, has let the final two units in Phase A at Serravalle Retail Warehouse Park, Italy. Bormioli Rocco, an upmarket glassware retailer has taken a 400 m[sup]2[/sup] unit on a seven year lease and Kiabi, the French fashion store has ...
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News
ABFPT purchases retail park
UK – Wilky Fund Management has purchased Brook Retail Park in Clacton-on-Sea on behalf of the Associated British Foods Pension Trustees (ABFPT) for £11.5m (€13.2m).
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News
Ropemaker set to make UK acquisitions
UK - Ropemaker Properties, the direct real estate investment arm of the BP Pension Fund, is expected to complete two real estate acquisitions in the UK.
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News
UBS and Oxford in major pre-letting deal
UK - UBS Global Asset Management and Oxford Properties, the real estate arm of Canada’s Ontario Municipal Employees Retirement System, have achieved one of the largest speculative lettings in the City of London.
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News
HSBC Bank Pension Trust in new acquisition phase
UK – LaSalle Investment Management has purchased 50% stakes in two UK retail parks on behalf of the HSBC Bank Pension Trust.
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News
VER to increase RE allocation; targets UK
FINLAND - Valtion Eläkerahasto (VER), the State Pension Fund of Finland, is working to make its first commitment to a dedicated UK real estate fund as it looks to increase its overall property exposure.
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News
Transaction levels turn the corner
GLOBAL – Real estate transaction levels around the world rose for the first time in 18 months and Real Capital Analytics (RCA) predicts this will transpire to be a sustainable trend.
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MagazineEuropa Capital: 'The price is the price'
Europa Capital is back in buy mode following a 12-month pause. But while the European fund manager sees lots of opportunities, Charles Graham and Noel Manns are coming up against just as many unrealistic sellers. They talk to Richard Lowe
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PropertyEU Archive
NewRiver Retail raises £25m in IPO
NewRiver Retail, the newly formed specialist commercial property investment and asset management company in the UK, successfully raised £25 mln (EUR 28 mln) in IPOs on London's junior market AIM and the Channel Islands Stock Exchange.
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PropertyEU Archive
Union Investment acquires Hamburg mall for EUR 164m
Union Investment has acquired the Mercado shopping centre in Hamburg for EUR 164 mln, in what the open-ended fund manager described as the largest single property investment deal in Germany so far this year.
