Latest reports – Page 3297
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PropertyEU Archive
Hansainvest acquires full ownership of Finnish trade park
YIT Construction has sold the third stage of Koskelo Trade Park in the Finnish city of Espoo to German fund, Hanseatische Investment.
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PropertyEU Archive
YOUNIQ Successfully Sells Student Apartments
Alta Fides sold a major share of the student apartments the company is marketing under the name of YOUNIQ to private and institutional investors within three months of opening and starting-up the first properties.
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PropertyEU Archive
Redevco France redevelops Seine Rivoli project
Pan-European retail real estate specialist Redevco has started redevelopment of a prime retail/residential building on Rue de Rivoli in Paris. Three levels, from the basement to the 1st floor, will be turned into modern retail space totalling 2,000 m[sup]2[/sup].
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PropertyEU Archive
Prologis appoints new CFO Europe
Global logistics property provider Prologis said it has appointed David Doyle as chief financial officer of Europe, replacing Philip Dunne who was recently promoted to President & CEO of the European business.
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PropertyEU Archive
K&H Group acquires new HQ at Trigranit's Millennium City Center
Trigranit Development has signed an agreement in relation to the sale of a 52,000m[sup]2[/sup] building under development at Millennium City Center in Budapest to K&H Group. The three-floor 'K' property is due to be completed by the end of 2011 and will serve as the financial institution's new headquarters.
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PropertyEU Archive
DTZ: The real estate strategies of embassies in Brussels
International real estate advisor DTZ has published a new study on embassies, diplomatic representations and lobbies in Brussels.
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PropertyEU Archive
Retail investors drive net investment into UK property funds
Real estate investment experts have welcomed news that UK property funds saw their first net investment inflows into the sector since April last year. The figures from the Investment Management Association showed £2 mln. of inflows during May. This compared with outflows of £12 mln. in April.
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PropertyEU Archive
Land Secs sells One Wood Street for EUR 122m
UK REIT Land Securities has exchanged contracts for the leasehold sale of One Wood Street in London to the fund manager Aerium on behalf of the Glenn Arrow UK Property Fund for £105.5 mln (EUR 122 mln).
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PropertyEU Archive
Deutsche EuroShop concludes EUR 132m refinancing
Shopping center investor Deutsche Euroshop has refinanced loans totalling EUR 132.2 mln over ten years. The firm has entered into a new loan agreement that includes a EUR 50 mln loan to be extended in October 2009 as well a EUR 82.2 mln loan not due until 2013.
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PropertyEU Archive
UK commercial property market stabilises further - C&W
The UK commercial property investment market stabilised further in June, according to real estate adviser Cushman & Wakefield's new Business Briefing.
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PropertyEU Archive
Sharp rise in Investment Climate Index in UK
European property investors appear to have largely put the gloom behind them after a significant deterioration in sentiment in the second half of 2008, according to Union Investment's Investment Climate Index.
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PropertyEU Archive
Union Investment acquires hotel in Krakow for EUR 32m
Hamburg-based Union Investment Real Estate has made its first hotel investment in Central Europe with the acquisition of the Radisson Blu 4-star hotel in the Polish city of Krakow.
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PropertyEU Archive
Warimpex sells Csalogany office building in Budapest
Warimpex Finanz- und Beteiligungs has finalised the sale of the Csalogány office building in Budapest to an international private investor. The sale price was not revealed but Warimpex said it was higher than the most recent fair value determined by CB Richard Ellis (CBRE) in December 2008, and also significantly ...
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PropertyEU Archive
NPRO extends lease with DnBNOR at Aker Brygge
Norwegian Property (NPRO) and DnBNOR have agreed to extend the existing lease contract at Aker Brygge until end-March 2013. The new contract which is valid from 28 September 2011 encompass an office area of 23,000 m[sup]2[/sup] and a storage area of 2,428 m[sup]2[/sup].
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PropertyEU Archive
Gecina sells Paris office asset for EUR 98m
French real estate group Gecina has announced the disposal of a 92,000m[sup]2[/sup] office building located at 2 avenue Gay Lussac in Saint Quentin en Yvelines in Paris' second periphery, for a total of EUR 98 mln.
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PropertyEU Archive
Christopher Wilton becomes VC of DTZ Middle East
DTZ has appointed Christopher Wilton as Vice Chairman, Middle East with immediate effect. Wilton has held a number of high-profile roles in the Middle East including Ambassador to Kuwait, British Consul General in Dubai and Commercial Counsellor at the British Embassy in Saudi Arabia.
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PropertyEU Archive
CBRE Investors completes two deal in the UK
CB Richard Ellis Investors has successfully completed the acquisition of two UK properties as part of the ongoing development of the company's assets.
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PropertyEU Archive
PEPR confirms sale of 5 UK assets
ProLogis European Properties (Euronext: PEPR), Europe's largest owner of modern distribution facilities, has confirmed it has closed on the sale of five distribution facilities in the UK, generating net proceeds of £64.4 mln.
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PropertyEU Archive
XXI Century sees dramatic drop in portfolio value
XXI Century Investments has said that the value of the company's share of its portfolio of assets was approximately $474 mln at end-December 2008 compared to USD 2.06 bn as at 31 June 2008 and $2.03 bn at 31 December 2007.
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PropertyEU Archive
Barden Gale becomes CEO of JER
J.E. Robert Companies (JER), a global commercial real estate investment management company, has announced that Barden Gale joined the
