Latest reports – Page 3302
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PropertyEU Archive
London, Paris top new JLL/Experian retail ranking
London and Paris top the new European Downtown Retail Centre Rankings launched by consultant Jones Lang LaSalle and research firm Experian which show the relationship between consumer spending in European cities and prime retail rents.
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PropertyEU Archive
Aviva sells HMV store on Princes Street for £9.65 mln
Aviva Investors on behalf of CIP Property (AIPT) has sold 129/130 Princes Street in Edinburgh to Rutley Capital Partners for £9.65 mln (EUR 11.4 mln)
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PropertyEU Archive
Gecina confirms Rivero as chairman
French SIIC Gecina said its shareholders have confirmed Joaquin Rivero as chairman of the company in a combined general meeting held last week. The appointment comes a week after Gecina's parent company Metrovacesa said it will agree to halt the separation plan with the French SIIC.
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PropertyEU Archive
Corio buys Madrid shopping centre for EUR 127m
Dutch property investor Corio said it has acquired a controlling stake in the Príncipe Pío shopping centre in Madrid for a total sum of EUR 126.5 mln. The deal reflects a net initial yield of 7.8%.
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PropertyEU Archive
Icade sells property management business
French property company Icade said it has signed a preliminary agreement with Procivis Immobilier to sell its property management business, Icade Administration de Biens. The two companies entered into exclusive negotiations at the beginning of April, the French REIT added.
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PropertyEU Archive
Eiffage, Milligan team up to develop Portuguese scheme
UK retail developer Milligan has signed a joint venture agreement with French construction group Eiffage for the financing and construction of the Retail Planet shopping centre in Barreiro, Greater Lisbon.
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PropertyEU Archive
Sjaelso sells three retail properties in Norway
Danish real estate firm Sjælsø has sold three retail properties in Norway to a Norwegian investment company in a deal valued at around NOK 175 mln (EUR 19.3 mln)
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PropertyEU Archive
GOEFs reopening earlier; investors seen returning - CBRE
German open-ended funds (GOEFs) are set to turn the corner earlier than expected after imposing a mass lockdown on redemptions in October last year to stem outflows, according to property adviser CB Richard Ellis. CBRE bases its claim on a number of ‘favourable developments’, including the early reopening of SEB’s ...
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PropertyEU Archive
WestImmo places EUR 500 mln Pfandbrief
German property lender Westdeutsche ImmobilienBank (WestImmo) said on Tuesday it had successfully placed a EUR 500 mln mortgage Pfandbrief on the capital market. The coupon amounts to 3% and the yield mark-up is 55 basis points above swap average. The term is three-and-a-half years.
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PropertyEU Archive
Prologis leases space in Munich
International logistics property operator Prologis said on Tuesday it has signed a new lease for more than 15,000 m[sup]2[/sup] of recently completed warehouse space near Munich to Simon Hegele, a global provider of third-party logistics services.
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PropertyEU Archive
'Immoeast freezes delivery of malls in Romania'
Austrian property group Immoeast has delayed delivery by at least a year of 10 shopping malls in Romania with a leasable area of 350,000 m2, Romanian business daily Ziarul Financiar reported, quoting partners in the projects. The postponement is due to the collapse of the real estate market in Romania ...
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PropertyEU Archive
Turkish Koton opens Dutch flagship store
Turkish fashion label Koton will shortly open its first Dutch flagship store in Rotterdam as a first step towards further expansion in the Netherlands. The store, located on Rotterdam's prime shopping street Lijnbaan, has 1,125 m[sup]2[/sup] of space and will sell men's and women's fashion, lingerie and accessories.
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PropertyEU Archive
Cordea Savills appoints European accounts manager
Property fund manager Cordea Savills has appointed Rubeena Hossenbocus to the new position of manager within the Institutional Business Group’s distribution team. She will work with European accounts and will report to Michael Flynn, the Global Head of Institutional Business.
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PropertyEU Archive
JLL named consultant of the year in St Petersburg
Jones Lang LaSalle (JLL) was named Consultant of the Year at the St. Petersburg’s annual Commercial Real Estate Awards ceremony which was held last week.
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PropertyEU Archive
XXI Century Investments exits Kharkiv joint ventures
Ukrainian property company XXI Century Investments has sold its share in the Kharkiv joint venture company Starmac Limited to its partner Rodnex Investments and its share in Econom Plus to local developer Melon Real Estate, for a total consideration of $5 mln (EUR 3.6 mln).
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PropertyEU Archive
Provada 2009 attracts 4% more visitors
The 5th edition of the Provada real estate fair which was held in Amsterdam last week drew 21,500 visitors, a 4% increase on the 2008 level, the fair's organisers said on Tuesday. This places the Provada in second place after the Expo Real fair in Munich, with Mipim in Cannes ...
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PropertyEU Archive
RED appoints Niculescu head of asset management
Southeastern European developer RED Capital Management has appointed Radu Niculescu as general manager of Red Building Management Services. Niculescu will be responsible for all aspects of the asset management of RED's shopping centres, business parks, logistics centres and residential properties.
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PropertyEU Archive
FdR and France Télécom consolidate partnership
Foncière des Régions (FdR) and France Télécom have signed an agreement to intensify their property partnership in 173 buildings belonging to Foncière des Régions and occupied by France Télécom. The new agreement contains provisions for lease extensions and property sales of buildings occupied by France Télécom to suit the company’s ...
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PropertyEU Archive
JLL appointed exclusive agent to Gdansk project
Alfa Investment has selected international adviser Jones Lang LaSalle as an exclusive agent for the commercialisation process of Alfa building, the second phase of the Oliva Business Park office complex project in the Polish city of Gdansk.
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PropertyEU Archive
Stam Europe sells portfolio for EUR 22m
French financial group Natixis has sold the Toscane portfolio to Stam Europe's Stam Re III fund for a total of EUR 22.5 mln, excluding charges. The portfolio offers 25,000 m[sup]2[/sup] of retail and office space across nine assets located in Paris' 12th and 13th districts, in Ivry, Villejuif, Maisons Alfort, ...
