Latest reports – Page 3292
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PropertyEU Archive
DTZ: Relocation process being driven from older to new premises
An increasing number of companies considering relocation of their logistics and industrial activities are seeking new, modern premises to benefit from favorable lease conditions.
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PropertyEU Archive
Patrizia purchases 300 apartments for EUR 60m
German property company Patrizia has acquired 300 apartments in Hamburg for a total investment volume of almost EUR 60 mln on behalf of its specialised funds.
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PropertyEU Archive
Dutch office take-up at 20-year low
Take-up of office, industrial and retail space across the Netherlands halved in the first six months of 2009 compared to the same period last year, according to research by PropertyNL.
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PropertyEU Archive
King Sturge to advise on new shopping centre in Tirana
King Sturge has been appointed to provide management set-up advice on a major new shopping centre on the outskirts of the Albanian capital, Tirana.
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PropertyEU Archive
Czech industrial market slows further in Q2
Some 150,000 m[sup]2[/sup] of modern warehouse space was completed in the Czech Republic in the second quarter of 2009, according to a study by CB Richard Ellis.
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PropertyEU Archive
Enel to dispose of EUR 190m of property through new fund
The board of Italian power giant Enel has approved a plan to create a new fund endowed with EUR 190 mln of the company's non-core real estate assets in Italy.
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PropertyEU Archive
Cyril Aulagnon to head development at Affine
Cyril Aulagnon has been appointed head of Development and Strategy at French real estate group Affine.His main role will be to define the group's strategy concerning asset management, financial policy and resources allocation.
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PropertyEU Archive
Dutch team sets up new fund manager
A group of three Dutch real estate professionals have set up a new fund and asset management firm - Heston Real Estate Group. The founders are Jan-Lodewijk de Vries, Robert Fabisch and Taco de Groot.
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PropertyEU Archive
JLL's Upstream to advise on GRI sustainability guidelines
Upstream Sustainability Services at Jones Lang LaSalle has been appointed by the Global Reporting Initiative (GRI) as lead strategy consultant to develop global sustainability guidelines for the construction and real estate sector.
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PropertyEU Archive
Deka Immobilien buys Swedish hotel for EUR 41m
German open-ended fund manager Deka Immobilien has bought a hotel in the Swedish city of Gothenburg for the equivalent of around EUR 41 mln. Located above Gothenburg's central station, one of the main railway junctions in Scandinavia, First Hotel G was acquired for Deka's WestInvest ImmoValue open-ended mutual property fund ...
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PropertyEU Archive
Deka Immobilien acquires Rosenquartier in Hannover
German fund manager Deka Immobilien Investment has acquired the Rosenquartier complex in the centre of Hannover for more than EUR 46 mln. Deka carried out the transaction on behalf of its Deka-S-PropertyFund No. 1.
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PropertyEU Archive
LaSalle signs new lease with Hobbycraft in Harlow
LaSalle Investment Management has announced it has completed a new 15-year lease with Hobbycraft for a retail unit at Queensgate Centre, Edinburgh Way, Harlow, for £224,505 (EUR 261,284) per annum, on behalf of one of its pension fund clients.
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PropertyEU Archive
Sarasin issues first sustainable real estate equities fund
Swiss bank Sarasin is issuing the world's first fund to specialise in the shares of sustainable property companies, the Sarasin Sustainable Equity Real Estate Global Fund. The bank said that the companies included in the portfolio are pioneers in the sustainable construction and management of properties.
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PropertyEU Archive
Land Securities upbeat on investment prospects
Land Securities trimmed its net debt by 5.3% in the first quarter ended June 30 to £4.48 bn (EUR 5.21 bn) from £4.73 bn in the previous period, the company announced this week in a press release.
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PropertyEU Archive
HSH Nordbank issues EUR 3 bn Pfandbrief
HSH Nordbank has placed a third EUR 3 bn benchmark bond guaranteed by the German financial markets stabilisation fund Soffin. The bond has a term of three years.
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PropertyEU Archive
Zara opens store in Echo Gallery
Spanish clothing store chain Zara is to open an extended store at Echo Gallery in Kielce. With a surface area of more than 1,600 m2, the Polish store will be one of the biggest clothing stores at the centre. The extended Echo Gallery is scheduled to open in 2011.
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PropertyEU Archive
Capman Hotels RE fund closes at EUR 872m
Finnish asset manager Capman has announced that fundraising for the Capman Hotels RE fund has been finalised.
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PropertyEU Archive
Value declines become more shallow, says IPD
Capital values continue to decline in UK commercial property markets but June saw the shallowest fall since August 2007, at -0.9%, according to the IPD UK Monthly Index. The all property peak-to-trough decline now stands at -44.1%, while the 12-month change in capital values is -30.8%.
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PropertyEU Archive
RREEF spends EUR 100m in London and Paris
RREEF Spezial Invest GmbH, part of RREEF Alternative Investments, has purchased three properties in London and Paris with a total investment value of EUR 100 mln for institutional investors.
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PropertyEU Archive
Occupiers may be booted from driving seat in some markets, warns CBRE
Occupiers are still in the driving seat in the commercial real estate sector, but now is the time to engage with landlords over real estate commitments as current occupier opportunities may not last long in some markets, according to a new report by CB Richard Ellis.
