Latest reports – Page 3288
-
PropertyEU Archive
CBRE boosts EMEA building consultancy
CB Richard Ellis has appointed Simon Dunbar director of its building consultancy unit in Poland. Dunbar will focus on managing and developing building consultancy in Poland to provide a broad range of high-quality technical services to existing and future clients, the company said in a press release.
-
PropertyEU Archive
Alstria completes two debt refinancings
Alstria office REIT announced on Friday that it has completed two debt refinancings totalling around EUR 76 mln. Of this amount, EUR 68 mln has been used to repay the main syndicated loan. The remaining EUR 8 mln is a CAPEX line which will be used for the funding of ...
-
PropertyEU Archive
Take-up Dutch office market drops 40%: DTZ
While supply of office and industrial space continues to grow in the Netherlands, take-up fell in the first six months of the year, a new report by market leader DTZ Zadelhoff concludes. Office take-up fell 40% to 500,000 m2, the lowest level since the beginning of this decade. The company ...
-
PropertyEU Archive
Harbingers of doom depress German real estate sector
Germany's real estate professionals are becoming increasingly sombre just as Europe's largest economy appeared to be getting back into its stride and was attracting large-scale foreign investment after years in the doldrums.
-
PropertyEU Archive
Oil firm's HQ in Moscow sells for EUR 112m
The Moscow headquarters of Russian energy company OAO RAO UES has been sold for $175mln (EUR 112mln). Cushman & Wakefield Stiles & Riabokobylko, which arranged the sale, identified the buyer as OOO Intercessia.
-
PropertyEU Archive
Berlin Hyp moves Benelux office to Amsterdam airport
Berlin Hyp has opened a new office for its Benelux operations at the World Trade Center at Amsterdam Schiphol Airport.
-
PropertyEU Archive
UK charities plan to invest more in property
As pressure to generate income continues to mount, nearly two thirds (64%) of UK charities are positive about the prospects of investing in property in helping to secure their required income, according to a study conducted by Cordea Savills, the international property fund manager, and investment manager Rensburg Sheppards. Some ...
-
PropertyEU Archive
Deutsche Pfandbriefbank completes EUR 40m investment financing
Deutsche Pfandbriefbank has provided a EUR 40 mln investment financing facility for the refinancing of the Altstadt Palais office building in Munich, the bank said on Thursday.
-
PropertyEU Archive
Tesco in sale-and-leaseback in Hungary
Investment firm WP Carey has provided EUR 63m ($90m) in alternative long-term finance through the sale and leaseback of Tesco's logistics portfolio in Hungary, Property Week reported.
-
PropertyEU Archive
IMW Immobilien completes sale of 30 properties
Berlin-based IMW Immobilien said it has negotiated contracts worth a total EUR 220 mln for the sale of 30 residential and commercial properties to an unnamed buyer. The contracts relate to properties in Hamburg as well as all IMW's shares in the Prima portfolio (94.54 %).
-
PropertyEU Archive
Hochtief wins EUR 116m infrastructure orders in Poland
Hochtief has received contracts in Poland totalling almost EUR 116 mln. Hochtief's Polish unit will construct a new terminal for more than EUR 54 mln at the Wroclaw Strachowice (Breslau) Airport. The company will also head a syndicate to expand the Silesian Stadium in Chorzów, near Kattowitz. The contract has ...
-
PropertyEU Archive
Pik Group announces board changes
AIM-listed Pik Group, one of Russia's leading residential real estate developers, has announced the appointment of Kirill Pisarev as Chairman of the Board of Directors with effect from 29 July 2009. Pisarev is one of the group's founding shareholders.
-
PropertyEU Archive
CBRE books Q2 loss on lower revenue
CB Richard Ellis reported a net loss of $6.6 mln (EUR 4.7 mln), or $0.02 per diluted share, in the second quarter of 2009. This compares with net income of $16.6 mln, or $0.08 per diluted share, in the year-earlier period. Revenue fell from $1.3 bn to $955.7 mln.
-
PropertyEU Archive
Bucharest office building gets first Romanian BREEAM rating
The Lakeview office building in Bucharest has become the first building in Romania to achieve a BREEAM rating, certification body BRE Global said in a press release. The building, which was developed by AIG/Lincoln Hungary and is due for completion in December 2009, was awarded a Very Good (Design and ...
-
PropertyEU Archive
Messe Frankfurt opens new exhibition hall
Messe Frankfurt opened its new exhibition hall 11 on Thursday, offering 23,860 m[sup]2[/sup] of exhibition space over two floors and incorporating a conference centre, Immobilien Zeitung reported. The new hall cost around EUR 170 mln to build.
-
PropertyEU Archive
Berlin Hyp finances office building in Warsaw
Berlin Hyp, part of the real estate finance division of Landesbank Berlin, has agreed to finance the Horizon Plaza office building in the Mokotów business district of Warsaw, Eurobuild reported this week.
-
PropertyEU Archive
Sentiment improves in Polish industrial market: C&W
Sentiment in the Polish warehouse market improved in the second quarter of this year, with take-up increasing 30% to 174,800 m[sup]2[/sup] compared to the previous quarter, Cushman & Wakefield reported.
-
PropertyEU Archive
Occupancy levels at London hotels holding up - TRI
Occupancy levels at London's hotel chains proved relatively robust in June compared with the same period in 2008, according to the latest HotStats survey by TRI Hospitality Consulting. Occupancy rates reached 84.1%, only one percentage point below levels seen last year.
-
PropertyEU Archive
Carrefour mall in Sofia attracts three new tenants
Colliers International has secured three anchor tenants for Carrefour Tzarigradsko Mall in Sofia over the past three weeks: Spanish retail giant Inditex, fashion retailer Peek & Cloppenburg and Kino Arena.
-
PropertyEU Archive
Prime yields stabilising across Europe: C&W
Average prime yields across Europe now stand at 7.52%, with Western yields (excluding the UK) averaging 6.65%, according to new research from Cushman & Wakefield. This compares to average yields of 6.97% in the UK, 8.63% in Central Europe and 12.86% in Eastern markets.
