Latest reports – Page 3308
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PropertyEU Archive
CBRE expands in Nordics with Helsinki office
CB Richard Ellis has announced it has opened an office in Helsinki, Finland, further expanding its network and capabilities in the Nordic region.
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PropertyEU Archive
Multi Vastgoed: record number of projects under construction
Gouda-based developer Multi Vastgoed currently has a total of eight new retail projects under construction in the Netherlands, the company announced Thursday in a press release.
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PropertyEU Archive
Realia set to reach agreement with banks for EUR 900m refinancing
Spanish property company Realia said it is close to reaching an agreement with banks to refinance EUR 900 mln of debt facilities maturing this year. Chairman Ignacio Bayon told Spanish papers during a press conference in Madrid that he is confident that the refinancing will be signed soon, extending the ...
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PropertyEU Archive
DTZ appoints director in Warsaw
International real estate adviser DTZ has announced the appointment of Lukasz Kaledkiewicz to associate director of Office Agency at its Warsaw office. Kaledkiewicz, who took up the new post at the start of May, has been with DTZ since January 2005 when he joined the office agency team as a ...
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PropertyEU Archive
'Property sector won't recover until 2011-2012'
Prospects for the Dutch real estate sector will not pick up until 2011 or 2012, according to Nout Wellink, president of the Dutch Central Bank, in an exclusive interview with PropertyEU's sister publication PropertyNL. Next year won't be much better than 2009, Wellink said, adding that vacancies will continue to ...
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PropertyEU Archive
Multi Vastgoed working on record number of Dutch retail projects
Multi Vastgoed, the Dutch arm of pan-European retail property specialist Multi Corporation, has said it has eight new retail projects under construction in the Netherlands - a record number in over 25 years in the development business.
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PropertyEU Archive
Tilburg rejects megamall
Residents of Tilburg in the southern Netherlands have rejected a proposal to develop a megamall between the city and nearby Waalwijk. A recent poll revealed that 53% was opposed to the development, with 46% in favour. Turnout totalled 35.8%.
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PropertyEU Archive
Evans Randall and Al Salam acquire City asset for EUR 150m
Evans Randall has teamed up with Bahraini bank Al Salam to acquire a 18,600m[sup]2[/sup] office property in the City of London for £127 mln (EUR 150 mln). The acquisition reflects an initial yield of 7.5%.
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PropertyEU Archive
Prologis seals deal with Geodis in Romania
Prologis has signed a leasing deal with Geodis for 90,000 square feet (8,400 m2) of newly developed space in Bucharest, Romania. Geodis is a third party logistics and international transport provider and subsidiary of SNCF (French Railways), and is known in Romania as Geodis Calberson.
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PropertyEU Archive
Jelmoli backs improved takeover offer by SPS
Swiss retail and real estate group Jelmoli said that Swiss Prime Site has agreed to increase its takeover offer to 8.1 SPS shares for one Jelmoli share. The move follows Jelmoli's rejection of its initial offer which comprised 7.7 SPS shares for one Jelmoli share.
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PropertyEU Archive
PropertyEU hosts ULI masterclass at Provada
PropertyEU is hosting a masterclass together with the Urban Land Institute at the Provada real estate fair which is due to get underway in Amsterdam this week. The annual real estate fair will be held at the RAI Exhibition Buildings from 16-18 June.
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PropertyEU Archive
Dublin office market sees biggest deal in 2009
Adviser Knight Frank has secured the biggest office leasing deal in Dublin so far this year at the new Chase office development in Sandyford. US-based ServiceSource International will lease 3,716 m[sup]2[/sup] on the second and third floor of the building, Knight Frank said in a press release.
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PropertyEU Archive
Foruminvest to develop in France
Dutch property developer Foruminvest is to invest EUR 610 mln in the development of two large shopping centres in France, scheduled to open in 2012.
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PropertyEU Archive
CBRE Investors gets EUR 50m refinancing for Dutch portfolio
CB Richard Ellis has announced that its EMEA Debt Advisory business has arranged a EUR 50.8 mln financing of the Delacroix office and logistics portfolio in the Netherlands.
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PropertyEU Archive
Puma Brandenburg agrees terms for takeover
Puma Brandenburg, the Guernsey-registered closed-end fund that invests in German real estate, is to be taken over by UK investment banking group Shore Capital.
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PropertyEU Archive
LPP Group among tenants of Bulwary Poznanskie
Retail group LPP has signed a lease for 2,800 m[sup]2[/sup] of space at Ikea's Bulwary Poznanskie in the Polish city of Posnan. Bulwary Poznanskie is now 50% leased.
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PropertyEU Archive
CBRE and REAM tackle real estate debt
Robin Hubbard, executive director of CBRE's real estate finance business and Mike Birch, co-founder of specialist real estate debt and asset management group REAM Capital Partners, talked to PropertyEU Week Edition about the new service they offer lenders and borrowers.
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PropertyEU Archive
Cofinimmo raises EUR 26.4m in share placement
Belgian property company Cofinimmo has raised EUR 26.4 mln following the successful placement of 330,000 ordinary shares at a price of EUR 80 per share. The funds will be used by Cofinimmo as part of a broader plan to fund committed capital expenditures and strengthen the group's consolidated balance sheet.
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PropertyEU Archive
VastNed agrees two leasing deals in the Netherlands
Pan-European property investor VastNed Offices/Industrial has said that international wind energy Vestas company is taking 2,850 m[sup]2[/sup] at a building in the Dutch city of Arnhem on a 7½-year lease. Vestas will use the entire first floor of the building at Mr. E.N. van Kleffenstraat 10 as its Benelux headquarters. ...
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PropertyEU Archive
Pirelli RE outlines EUR 400m capital increase
Pirelli Real Estate has confirmed that it is to issue up to 798 million new shares in a capital increase to raise EUR 400 mln.
