Latest reports – Page 3451
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PropertyEU Archive
King Sturge appoints head of new Poland office
International real estate consultant King Sturge has announced the appointment of Tomasz Strzyzewski as an associate director and head of the King Sturge office in Katowice, Poland.
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PropertyEU Archive
Skanska to develop green building in Malmo
Swedish property company Skanska said on Thursday it is to develop the Universitetsholmen office building in central Malmo. The seven-storey asset will comprise a total of 19,000 m[sup]2[/sup] of space built in two stages. In a statement, Skanska said that the construction of the first stage involving 10,000 m[sup]2[/sup] will ...
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PropertyEU Archive
Nanette shops in Budapest
CEE investor Nanette has signed a preliminary agreement to purchase a 3.24-hectare plot of free hold land, which is located in the 9th district of Budapest. The group plans to build approximately 1,800 apartments on the site, with a net saleable area of around 90,000 m[sup]2[/sup]. Total costs are estimated ...
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PropertyEU Archive
Prologis starts development of new park in Ile-de-France
Prologis has started construction of its Parc ProLogis les Portes de Vemars in Ile-de-France. This is the third logistics park being developed by Prologis in the Ile-de-France, and will allow the company to strengthnen its presence in the region. The park, located on a 40-hectare site, is scheduled for completion ...
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PropertyEU Archive
AXA REIM sets up Asian headquarters in Singapore
AXA Real Estate Investment Managers (AXA REIM) has announced the opening of its new Asian headquarters in Singapore. In a statement, AXA REIM said that it has invested nearly 25% of the $2 bn committed by its clients since the firm entered the Asian market 18 months ago. The new ...
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News
Corio to widen emerging markets presence
NETHERLANDS - Property investor and manager Corio is looking to increase its 6% allocation in emerging markets real estate to 20%, in a bid to maximise the differentials between emerging and mature markets.
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News
AXA REIM steps up Asian presence
ASIA - AXA Real Estate Investment Managers (AXA REIM), the global property arm of French financial services group AXA, has opened an Asian headquarters in Singapore as the springboard for moves into India and Japan.
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News
Invista sees 5-yr German potential
GERMANY - The developed countries in Europe continue to offer the best real estate investment opportunities but Germany is perhaps still the best investment even with current pressures, according to London-based Invista Real Estate Investment Management.
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News
Emerging market real estate indices launched
GLOBAL – The European Public Real Estate Association (EPRA) and National Association of Real Estate Investment Trusts (NAREIT) are extending its joint venture with the FTSE Group to develop a series FTSE EPRA/NAREIT Global Real Estate indices also covering the emerging markets.
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News
Patrizia signs research heavyweight
GERMANY - Augsburg-based real estate investment specialists, Patrizia, has appointed Marcus Cieleback as head of research.
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PropertyEU Archive
US places troubled Fannie and Freddie in care
The US government is taking control of the mortgage giants Fannie Mae and Freddie Mac and the $5.5 trl of home loans they control. Washington's dramatic rescue package includes the injection of $200 bn of public money into Fannie Mae and Freddie Mac - the linchpins of the US home ...
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PropertyEU Archive
JLL: Investors switches focus to retail parks
Investors in continental Europe are targeting small to medium-sized retail parks as a defensive play in the currently challenging retail environment, according to the new European Retail Warehousing research report released by Jones Lang LaSalle.
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PropertyEU Archive
Hypo RE sells asset management unit to Sal. Oppenheim
Hypo Real Estate Group has sold its asset management subsidiary Collineo Asset Management to family-owned bank group Sal. Oppenheim. The transaction is still subject to several closing conditions including regulatory approvals. Hypo expects the deal to be completed by the end of the year or early first quarter 2009. The ...
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PropertyEU Archive
JER Partners expands CEE business with new team in Prague
US private equity firm JER Partners is expanding its European operations with the launch of a new office in Prague. In a statement, the company said it has poached three directors from GE Real Estate who will focus on investment activities in Central and Eastern Europe.
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PropertyEU Archive
Seb fund invests in Dusseldorf
SEB Asset Management has completed the acquisition of an office property in Dusseldorf-Rath for its SEB ImmoPortfolio Target Return fund. In a statement, the company said that the purchase agreement for the building in the Theodorpark area was signed in January 2008. The total investment amounts to close to EUR ...
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PropertyEU Archive
EPRA 2008: Technology to radically alter property industry, says futurist
The market for logistics space and offices will be radically altered by technological advances, according to the futurist guru Wolfgang Grulke. During a presentation on the second day of the EPRA conference in Stockholm, Grulke said companies can no longer afford to base their strategies on what has happened in ...
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PropertyEU Archive
Michael Montebaur to leave Union Investment
German property company Union Investment Real Estate said on Friday that Michael Montebaur, member of the management board, is leaving the company with effect from 31 January 2009 to set up his own business. Montebaur's responsibilities as a board member of the Hamburg-based property fund manager include real estate activities ...
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PropertyEU Archive
Rockspring acquires £48m of property in the UK
Rockspring Property Investment Managers said on Friday that it has completed four acquisitions on behalf of its Retail Plus Property Trust and Trans-European IV funds for a total of £48.5mln.
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PropertyEU Archive
IMW Immobilien sells five assets in Hamburg and Hanover
Two subsidiaries of Berlin-based property company IMW Immobilien have sold five properties located in Hamburg and Hanover to Pat Roffice Real Estate. The properties comprise 27 commercial units and 26 residential units with more than 12,000 m[sup]2[/sup] of space, of which about 9,230 m[sup]2[/sup] are office space. The transaction value ...
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PropertyEU Archive
Dresdner takeover could spell bad news for Frankfurt's office market
Commerzbank's acquisition earlier this month of rival Dresdner Bank from insurer Allianz for EUR 9.8 bn will not only shake up Germany's financial landscape but could also cast a shadow over Frankfurt's office market.
