Latest reports – Page 3455
-
PropertyEU Archive
Carpathian distances itself from Dawnay Day with name change
Dawnay Day Carpathian, the AIM-listed property company focusing on investments in central and eastern Europe, is now known simply as Carpathian as shareholders ratified the name change at a recent extraordinary general meeting.
-
PropertyEU Archive
Raven Russia secures EUR65 mln loan facility
Raven Russia, the Guernsey-registered, AIM-listed property investment group, said on Thursday that its Megalogix warehouse joint venture has signed a $95 mln (EUR65 mln) loan facility agreement with the International Finance Corporation (IFC), part of the World Bank Group.
-
PropertyEU Archive
Terreis acquires Paris office complex for EUR23.5m
French SIIC Terreis has acquired an office complex in Paris from the R-SIIC company for EUR23.5 mln. The complex consists of three office buildings providing a total 6,200 m[sup]2[/sup] of space and located in Cité Paradis in the 10th Arrondissement of Paris.
-
PropertyEU Archive
Akron and R-Quadrat to develop office complex in Kiev
Austrian real estate company Akron has agreed to purchase 100% of the Prospekt Peremogi 67 office project in the Ukranian capital Kiev as part of a forward purchase agreement with R-Austrian peer Quadrat. On Thursday, Akron signed up for a 40% share of the project, which it will develop together ...
-
PropertyEU Archive
CBRE Investors acquires Airport Plaza in Brussels
CB Richard Ellis Investors, through its Luxembourg-based Strategic Partners Europe Fund, has acquired the Airport Plaza business park project in Brussels from Belgian developer Robelco for an undisclosed amount.
-
PropertyEU Archive
Catella benefits from robust Nordic market in H1
Stockholm-based Catella Property Group saw transactional volumes rise to EUR4 bn in the first half of 2008 from EUR3.6 bn in the year-earlier period, reflecting its strong market positions in The Nordics, Belgium, France and Germany.
-
PropertyEU Archive
Chartered Land plans EUR1 bn expansion of Dublin shopping centre
Irish commercial property company Chartered Land has applied for planning permission to Fingal County Council for a EUR1 bn expansion of the Swords Pavilions shopping centre in north Dublin.
-
PropertyEU Archive
Green light for Waterside regeneration project
Warner Estate and Aylesbury Vale district council have signed a formal agreement for the development of the mixed-use Waterside Shopping regeneration project in Aylesbury in the UK.
-
PropertyEU Archive
Savills to cut staff as first-half profits slump
Property adviser Savills said on Thursday that it will seek to realise cost savings of £20 mln (EUR25 mln) in 2008 as pre-tax profits and revenues for the first six months of the year slid mainly as a result of the market downturn in the UK and Europe.
-
News
BPF Bouw becomes latest victim to property fraud
NETHERLANDS - The €25bn pension fund for the construction industry BPF Bouw is understood to be the latest victim of the large-scale property fraud which has affected the company pension scheme of electronics giant Philips.
-
News
Sacramento County plays strong hand on real estate
UNITED STATES - Sacramento County Employees Retirement System is now in the process of looking at firms to manage an ex-US public REITs strategy, but has rejected plans from one of its managers to change a fund’s existing strategy.
-
News
Fresno County increases target on real estate and infrastructure
UNITED STATES - Fresno County Employees’ Retirement Association has increased its real estate allocation from 4% to 6% and added an allocation of 2% to infrastructure for the first time.
-
News
ORG to support Indiana PERF
UNITED STATES- Indiana Public Employees Retirement Fund has selected ORG Portfolio Management as its first consultant dedicated to the real estate asset class.
-
News
CalPERS taps call for debt liquidity
UNITED STATES - California Public Employees Retirement System has made a $200m (€135.4bn) commitment into a US Debt Fund investment run by JER Investors Trust, to take advantage of dislocation in the credit markets.
-
News
Apollo creates AREFIN on new investor demand
UNITED STATES - Apollo Real Estate Advisors has attracted an additional $309m (€210.6m) for its commingled fund, Apollo Real Estate Finance Corp, and placed the new capital raising in a separate holding called AREFIN Co-Investment Corporation.
-
PropertyEU Archive
Segro sells two UK portfolios for a total EUR 138m
UK-based logistics property company Segro said on Wednesday that it has agreed the sale of two industrial portfolios, one to The Crown Estate for £64.4 mln (EUR81 mln), and the other to a client of Protego Real Estate Investors LLP for £45.8 mln (EUR57.5 mln).
-
PropertyEU Archive
King Sturge: German gloom deepens, Czech market stable
Sentiment in Germany’s real estate market deterioriated further in August compared with July, according to King Sturge's latest monthly survey of 1,000 market professionals.
-
PropertyEU Archive
Norway's SPDE puts Fornebu project on hold
Norwegian listed property company Scandinavian Property Development (SPDE) said on Wednesday it is postponing the start in construction work on the Storøya section of the Fornebu development near Oslo due to uncertain market conditions for new residential property. SPDE will reconsider the issue in early 2009, when it will decide ...
-
PropertyEU Archive
Savills expands Dusseldorf investment team
Property adviser Savills has recruited Matthias Radetzki as senior consultant for its Dusseldorf-based investment team to focus on the key cities of the Ruhr region including Essen, Duisburg and Dortmund.
-
PropertyEU Archive
Conwert launches new share buyback scheme
Austrian residential property company Conwert Immobilien Invest said it will take advantage of its current low share price to buy back more shares. The Vienna-based company will purchase up to 4.7 million ordinary shares (or around 5.5% of its basic capital) at EUR 8-13 per share between 29 August 2009 ...
