Latest reports – Page 3280
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PropertyEU Archive
Nanette prepares to ditch AIM listing
The board of Nanette has announced plans to delist the CEE residential property development company from London's junior Alternative Investment market (AIM).
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PropertyEU Archive
Gresham House extends loan facilities
UK financial services and property investment group Gresham House has said that Royal Bank of Scotland has agreed to extend the facilities on both Curtis Road, Dorking and Sugarich, Knowsley for a further 2 years. RBS is also providing an additional facility to replace the previous ...
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PropertyEU Archive
Deutsche Land rejects Black Sea bid
Deutsche Land's board has turned down Black Sea Global Properties' £40 mln (EUR 44 mln) takeover offer, saying it was 'unable to recommend it' to shareholders.
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PropertyEU Archive
ECE and Rubicon open Ozas Gallery in Vilnius
Shopping and entertainment centre Ozas Gallery, a project of the Rubicon group and German developer ECE, opened its doors last Thursday in Vilnius. Ozas Gallery was built in less than two years by Kayi Construction.
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PropertyEU Archive
ING Real Estate terminates infrastructure fund
ING Real Estate has ended its EUR 1 bn European Infrastructure Fund (EIF). The fund failed to attract any investors, a company spokesman confirmed. ING decided to terminate the fund due to the weak market and concerns regarding the fund's future, the group said in a statement.
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PropertyEU Archive
LPP takes 1,700m[sup]2[/sup] at Galeria Sanowa in Poland
Clothing group LPP has become a new tenant at the Galeria Sanowa development scheme in the Polish city of Przemysl.
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PropertyEU Archive
Atrium reports EUR 325m H1 loss due to writedowns
Atrium European Real Estate posted a EUR 325 mln loss for the first half of 2009 compared to a EUR 2 mln pre-tax profit for the first six months of 2008.
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PropertyEU Archive
South African firm to take 25% stake in Capital & Regional
The board of Capital & Regional, the UK co-investing property asset manager, announced on Thursday that it intends to raise gross proceeds of £69.2 mln (EUR 80.1 mln) in a share placement.
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PropertyEU Archive
German property remains resilient despite downturn: F&C REIT
The German real estate market remains resilient despite the downturn, according to F&C REIT.
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PropertyEU Archive
DIC Asset AG stays in the black in H1 2009
DIC Asset reported a net profit of EUR 6.1 mln in the first half of the 2009 financial year, reflecting a higher result of EUR 3.5 mln in the second quarter compared to EUR 2.6 mln in Q1.
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PropertyEU Archive
Hines targets $3.5bn in global REIT IPO
Hines, the US-based international real estate firm, has commenced the initial public offering of Hines Global REIT, a public non-traded real estate investment trust. The company is seeking to raise a maximum of $3.5 bn (EUR 2.4 bn) from the offering.
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PropertyEU Archive
Homburg mulls leaving Amsterdam bourse
Entrepreneur Richard Homburg is mulling whether to delist his international real estate company Homburg Invest from Euronext Amsterdam.
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PropertyEU Archive
'Significant minority' of fund investors experience asset repossession
A large minority of investors in European non-listed real estate funds have had an asset repossessed from the fund since the second half of 2008 due to a loan default, according to a debt study published by sector organisation Inrev.
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PropertyEU Archive
Newsec advises on EUR 77m Finnair leaseback deal
Property broker Newsec has advised Finnair Group's facilities division in the sale-and-leaseback of four properties in the vicinity of Helsinki-Vantaa Airport for EUR 77 mln.
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PropertyEU Archive
IVG clinches largest leasing deal ever in Glasgow
Tesco Personal Finance is to let IVG Immobilien's 12,000m[sup]2[/sup] Broadway One building in Glasgow in what the German company described as the single largest letting transaction in the history of the City of Glasgow.
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PropertyEU Archive
Quantum wins EUR 54m redevelopment tender in Hamburg
German developer Quantum Immobilien has won a EUR 54 mln tender to redevelop a 40,000 m[sup]2[/sup] complex in Hamburg which currently houses the city's Urban Development Authority.
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PropertyEU Archive
Atrium debuts on Euronext Amsterdam
Atrium European Real Estate's shares performed well on the first day of trading on Euronext Amsterdam on Wednesday. The company's shares also begin trading on the Vienna Stock Exchange, where it has a dual listing, following the exchange of Austrian depositary certificates (ADCs) into ordinary shares.
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PropertyEU Archive
Private equity investors shy away from new commitments in H1
Only 41% of private equity investors polled in a survey by Prequin made new commitments in the first half of this year, but 54% said they expect to make new commitments in the second half.
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PropertyEU Archive
Prupim seals major UK out-of-town letting
UK real estate property investment manager Prupim has announced one of the biggest out of town lettings in the UK of 2009 at Cribbs Causeway Retail Park.
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PropertyEU Archive
AMB signs leases for 9,500m[sup]2[/sup] near Madrid's Barajas Airport
New York-listed AMB Property Corporation announced it has signed two lease agreements for more than 9,500 m[sup]2[/sup] of industrial space in a development immediately adjacent to Madrid's Barajas International Airport (MAD).
