Latest reports – Page 3312
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PropertyEU Archive
ULI examines demographic impact on real estate
Mature but still growing economies such as the US, Canada, UK, Ireland, Australia, and New Zealand will offer attractive real estate investment and development prospects once the recession subsides, according to a new publication from the Urban Land Institute entitled 'Global Demographics 2009: Shaping Real Estate's Future'. The report also ...
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PropertyEU Archive
German open-ended funds see influx double in April
German open-ended funds saw the influx of funds double in April to EUR 556 mln from EUR 271 mlns in March, according to the latest figures from industry organisation BVI. However those funds, which have suspended redemptions in recent months, collected only EUR 70 mln euros.
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PropertyEU Archive
Manchester police move into Ask:Goodman park
Greater Manchester Police Force is to locate its new headquarters at the 130,000 m[sup]2[/sup] Central Park urban business park in east Manchester being developed by Ask:Goodman.
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PropertyEU Archive
Gecimed unveils EUR 100m capital raise
French real estate investment trust Gecimed has said that it will carry out a EUR 100 mln capital increase in order to finance various projects and reduce debt. Shareholders will receive a proposal allowing for their preferential subscription rights to be maintained, following approval of a prospectus by the French ...
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PropertyEU Archive
Degi seals leasing deal in The Hague
German open-ended fund Degi has signed a new 10-year leasing deal with Dutch telecoms firm KPN for its head office in The Hague. The new agreement involves 55,000 m[sup]2[/sup] of office space, spread over six buildings. At present, KPN rents the entire complex which comprises 77,000 m[sup]2[/sup] spread over 12 ...
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PropertyEU Archive
Italy best performer in May in GPR index
Italy was the best performing country in May, according to the GPR 250 Europe Index, posting an increase of 20.2%. It was followed by France (5.4%), the Netherlands (5.0%) and Poland (4.4%). On a country level, losses were booked by Greece (-22.2%), Norway (-8.3%), the UK (-5.5%), Belgium (-1.4%), Austria ...
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PropertyEU Archive
Realia opens Plaza Nueva mall in Madrid
Spanish property company Realia said it has invested EUR 80 mln in the development of the new Plaza Nueva shopping centre, which opened last week with around 51,000 m[sup]2[/sup] of retail space in Leganes, on the outskirts of Madrid. The development is in line with the company's strategy to focus ...
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PropertyEU Archive
Hammerson sells 75% of Bishops Sq to Oman fund
Hammerson has completed the sale of a 75% interest in the Bishops Square office complex in London to the Oman Investment Fund (OIF), an investment arm of the Government of Oman.
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PropertyEU Archive
Union Investment funds poised for more acquisitions
Union Investment has said its UniImmo: Deutschland and UniImmo: Global funds are set for more acquisitions after a period of good performance in their 2008/2009 accounting year.
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PropertyEU Archive
Catella acts in three diplomatic mission deals in Brussels
Catella Property Benelux has said it acted on behalf of the Permanent Delegation of Turkey to the EU in the acquisition of an office building in Brussels. The building comprises approximately 3, 830 m[sup]2[/sup] of office space and is strategically situated along the Avenue des Arts in the European ...
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PropertyEU Archive
Corio raises EUR 258m for acquisitions
Pan-European real estate group Corio has raised EUR 258 mln through an accelerated bookbuilding offering of 7.9 million shares with institutional investors at a price of EUR 32.50 per share.
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PropertyEU Archive
Milligan agrees jv with Eiffage for Portugal's first 'retail planet'
Retail developer Milligan has signed a joint venture agreement with construction company Eiffage for the financing and construction of Portugal's first 'Retail Planet' in Barreiro, Greater Lisbon. Barreiro Retail Planet, created by Milligan, combines the formats of both a retail park and a shopping centre. It will consist of over ...
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PropertyEU Archive
Befimmo unveils EUR 166m capital raising
Belgian listed real estate company Befimmo has announced it is issuing 3.7 million new shares to raise EUR 166.6 mln to bolster its financial position. The preferential rights issue is supported by Befimmo's main shareholder, Fortis Insurance Belgium, and associated companies, who will subscribe to 701,351 new shares for EUR ...
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PropertyEU Archive
Atisreal UK renamed BNP Paribas Real Estate
European property adviser Atisreal has completed its rebranding to BNP Paribas Real Estate in the UK as part of the company's strategy to have a single global brand across Europe, Middle East and India. The agent claims it is now the fourth-largest by turnover in Europe and eighth globally.
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PropertyEU Archive
Orco calls for investigation into alleged market manipulation
Oco Property Group has asked the Czech National Bank to investigate an activist shareholder, Ing. Lubos Smrcka, and SOS Orco, the group for small shareholders he leads, for alleged market manipulation. In parallel, Orco's president and CEO Jean-François Otto has filed a defamation action in the City Court of Prague ...
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PropertyEU Archive
IPD bolsters Dutch property analysis capacity
IPD has strengthened its position in the Netherlands with the purchase of social housing sector performance analysis partner, Aedex, for an undisclosed sum.
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PropertyEU Archive
Global returns vary widely in 2008- IPD
The spread in underlying capital values in terms of local currencies across 23 of the world's most mature real estate markets in 2008 was 42 percentage points from best to worst, according to IPD Global Property Index. Despite some severe capital falls, the estimated size of the professionally managed global ...
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PropertyEU Archive
German property climate rallies in May - King Sturge
The mood in the German real estate industry perked up in May following a brief setback in April, according to King Sturge’s Real Estate Climate survey which forms part of its Real Estate Economy Index. The index rose to 55.6 points, an 8.2% improvement on the April figure of 51.4 ...
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PropertyEU Archive
Hansteen sees 'resilience' in continental markets
AIM-listed industrial property firm Hansteen has said it continues to see resilience in its principal markets of the Netherlands, Germany, Belgium and France. During the period from 31 December 2008 to 15 May 2009, Hansteen increased net occupancy, with a reduction in vacant space from 134,000 m[sup]2[/sup] to 117,000 m[sup]2[/sup] ...
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PropertyEU Archive
Lender-borrower partnerships key to debt conundrum - Savills
International real estate adviser Savills has said lenders working in partnership as much as possible with their clients is key to bankers getting their money back. In its annual financing property presentation for the UK in the City of London this week, Savills estimated that the sector has reached £50 ...
