Latest reports – Page 3429
-
PropertyEU Archive
Lazard Group sells Strasbourg office property for EUR 26m
International broker King Sturge has announced that it acted for a private pan-European investment fund in the acquisition of an office building in the French city of Strasbourg from Lazard Group, for EUR 26 mln.
-
PropertyEU Archive
CBRE gives tough Irish budget thumbs up
Property consultant CB Richard Ellis has signalled general approval for the 'very tough but prudent' budget introduced by the government in Ireland.
-
PropertyEU Archive
CBRE advises on major Polish mall deal
CB Richard Ellis has said it advised GE Real Estate on the sale of the 3 Stawy shopping centre in the Polish city of Katowice to Union Investment for EUR 95 mln in early October.
-
PropertyEU Archive
WestImmo provides EUR 73m financing for Romanian mall deal
German property lender Westdeutsche ImmobilienBank has provided EUR 73 mln financing for Degi's acquisition of a shopping centre in the Titan area of Bucharest. Frankfurt-based Degi first announced the purchase of the Iris Shopping Centre for EUR 140 mln in June. The acquisition was carried out by SRL, a Romanian ...
-
PropertyEU Archive
Hines fund enters Frankfurt's office market
Hines' Pan-European Core Fund has entered the Frankfurt office market with the purchase of Marienstrasse 15 from German investor Degi for an undisclosed sum.
-
PropertyEU Archive
Echo Investment to develop new Lodz office
Polish property group Echo Investment has presented details of a new office project to be developed in the city of Lodz. The Aurus building will be a 28,000- m[sup]2[/sup] modern class A office property to be opened at the turn of 2009 and 2010. The 10-storey asset is located in ...
-
PropertyEU Archive
IPD: UK property continues to drop
Investment Property Databank (IPD) said on Tuesday that its UK Monthly Property Index showed all property total returns falling to -2.4% in September, making last month the weakest single month since the low points of November and December last year.
-
PropertyEU Archive
Central London take-up falls 34% in third quarter - JLL
The real estate sector in Central London is taking a significant hit and may continue to do so until the end of the decade as the downturn in UK property has proved more severe and longer lasting than anticipated.
-
PropertyEU Archive
Hypo Real Estate launches probe into ex-CEO
The supervisory board of Hypo Real Estate has initiated an independent enquiry into whether there was any breach of duty on the part of former CEO Georg Funke and another management board member, Bo Heide-Ottosen.
-
PropertyEU Archive
Kenmore sells assets in Norway
Kenmore Property Group has sold a prime Oslo office building and two Norwegian property portfolios held by its funds, MK Capital and Kenmore Europe, for a combined total of NOK 421 (EUR 50 mln).
-
PropertyEU Archive
Stenham, RFR shop in Frankfurt
Global property fund manager Stenham has joined forces with international real estate firm RFR Holding to acquire a prime retail and office building in the German city of Frankfurt. Located on the upmarket shopping street Goethestrasse, the property comprises over 3,000 m[sup]2[/sup] of lettable space mostly let to tenants Ermenegildo ...
-
PropertyEU Archive
CEE property investment falls by 32% in H1 - DTZ
Direct property investment in the CEE and Russia was squeezed by the global credit crunch in the first half of 2008, according to a new report released by DTZ on Tuesday.
-
PropertyEU Archive
Carlyle submits plans for £22m Oxford development
UK private equity firm Carlyle has submitted a planning application for a £22 mln mixed-use scheme in the Queen Street area of Oxford city centre. In a statement on Monday, Carlyle said it will build a two-phased project which is set to regenerate a neglected part of Oxford's historical city ...
-
PropertyEU Archive
LGI leases space in Gazeley Magna Park Berlin
Logistics Group International (LGI) is leasing around 12,800 m[sup]2[/sup] of logistics and office space from Gazeley in Gazeley Magna Park in Berlin, a 50-hectare site in the southwest of the city.
-
PropertyEU Archive
CEE specialist Ablon repurchases shares
AIM-listed CEE property company Ablon Group said on Monday that it had purchased 20,541 ordinary shares at a price of 58 pence per share as part of its share buyback scheme.
-
PropertyEU Archive
IPD takes over Pooled Property Funds from HSBC
The Investment Property Databank (IPD) has taken over the production of the HSBC Pooled Property Funds publication from HSBC Global Asset Management. The publication, which is widely regarded as the most authoritative guide to UK pooled property funds, is produced quarterly and currently contains information on 77 funds with an ...
-
PropertyEU Archive
Develica buys back more shares
German property investment company Develica Deutschland said on Monday that it had bought back a further 3.077 million shares at EUR 0.09 per share, in a move aimed at boosting the company's net asset value. The transaction took place on 10 October.
-
PropertyEU Archive
British Land CEO moves to top job at troubled RBS
British Land confirmed on Monday that CEO Stephen Hester will step down from his post to become chief executive of The Royal Bank of Scotland, one of the banks to be hit hardest by the credit crisis. He will replace Sir Fred Goodwin.
-
PropertyEU Archive
Atisreal moves into the Netherlands and Ukraine with new alliances
Atisreal, the property services arm of BNP Paribas, has expanded its international network with the signing of new alliance contracts with Holland Realty Partners in the Netherlands and Astera in Ukraine.
-
PropertyEU Archive
Wood Wharf redevelopment in London gets go-ahead
Plans for the Wood Wharf mixed-use development at London's Canary Wharf estate have been granted outline planning approval by the local authorities, enabling work to begin on the massive waterside scheme.
