Latest reports – Page 3477
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MagazineThis land is our land
Do not be blinded by China’s stellar growth. Pay careful attention to transparency and ownership issues, says Kristen Paech
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MagazineSecond wind?
We thought Japan’s recovery had taken hold. But has it? For now at least property investors are bullish, as Paul Benjamin reports
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MagazineA twist in the tale
Institutions have an opportunity to enter the Hong Kong market as developers sell off to raise liquidity, as Michael Grimes finds
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MagazineMake yourself at home
Singapore looks set to offer significant investment opportunities in the residential and hotel sectors, writes Michael Grimes
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MagazineLights in the shadow
While China and India have grabbed the headlines Asia’s ‘tigers’ still hold significant potential, writes Paul Benjamin
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PropertyEU Archive
Eurocastle divests EUR 219m of German assets
Eurocastle Investment Limited has sold EUR 219mln of property assets as part of its ongoing programme to harvest mature or non-strategic assets. The listed company, which focuses on German commercial real estate, has sold two buildings at an average NOI (Net Operating Income) yield of about 4.5%. One of the ...
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PropertyEU Archive
Redevco acquires retail properties from Barclays for EUR 65m
The Spanish office of Dutch property group Redevco has purchased a portfolio consisting of 24 retail units and commercial buildings from UK bank Barclays for a total of EUR 65mln. The properties are located in prime high-street locations in nine Spanish cities including Madrid, Barcelona, Seville, Málaga, Vigo and Alicante. ...
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PropertyEU Archive
Siemens sells office scheme to Aerium for EUR 77m
Siemens Real Estate (SRE) has sold the German headquarters of nuclear power company Areva to Aerium, a London-based real estate private equity group, for EUR 76.9mln. The property is located in Erlangen and was developed and built by SRE as a tailormade project for Areva in 2007.
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PropertyEU Archive
Icade snaps up three clinics for EUR 76m
French property developer Icade has strengthened its position in the healthcare sector with the acquisition of three clinics and a convalescent home from the private healthcare operator 3H Group for EUR 76mln. The deal reflects an average net yield of 7.40%.
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PropertyEU Archive
Degi buys Andernach Shopping World for EUR 40m
German property company Degi said on Wednesday it has acquired the Andernach Shopping World centre in the western town of Andernach for around EUR 40mln. The property will be added to Degi's German Business fund, which focuses on commercial properties in Germany and which now has a portfolio of around ...
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PropertyEU Archive
Cofinimmo boosts nursing home portfolio
Belgian company Cofinimmo said on Wednesday that it has signed an agreement to acquire four nursing homes in the Brussels region and Flemish Brabant. The acquisition value comes to EUR 78mln, corresponding to an expected initial yield of 6.14%. The company expects the transaction to be completed by the end ...
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PropertyEU Archive
Fonciere Atland buys assets from Veolia
French property company Foncière Atland said on Wednesday that it has signed a joint venture agreement with leading public transport operator Veolia Transport, a subsidiary of Veolia Environnement.
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PropertyEU Archive
Kurfursten Galerie in Kassel sold to Dutch investor
German insurers Nurnberger Lebensversicherung and SV SparkassenVersicherung Gebaudeversicherung have sold the Kurfursten Galerie shopping mall in Kassel to a Dutch investor. The parties declined to reveal the identity of the buyer or the price.
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PropertyEU Archive
MBI International to invest EUR 1bn in two French towers
MBI International & Partners, the global group that combines the companies owned by self-made Arab entrepreneur Sheikh Mohamed Bin Issa Al Jaber, said it will invest up to EUR 1bn in the development of two 164-metre-high towers in Levallois-Perret, a business district near La Defense on the outskirts of Paris. ...
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PropertyEU Archive
Beni Stabili disposes of assets in Milan and Venice
Italy's Beni Stabili has completed the sale of an asset located in the centre of Milan close to the Duomo to an unnamed buyer for EUR 46mln. The property was part of the ex-Comit Fund portfolio which Beni Stabili bought in 2006 from the pension fund of Banca Commercial Italiana ...
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PropertyEU Archive
IPD: UK rural property investors enjoy record returns
The Investment Property Databank (IPD)'s Rural Property Investment Index recorded a total return of 25.7% in 2007, up from 17.6% the previous year. The record return makes the Rural Property Investment Index the second-best performing IPD index in the UK last year, outstripping commercial and residential property, which earned investors ...
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PropertyEU Archive
FDR, Morgan Stanley deliver Vélizy Campus to Dassault Systèmes
French property giant Foncière des Régions (FDR) and Morgan Stanley Real Estate Funds said on Wednesday that they have delivered the Vélizy Campus project to software provider Dassault Systèmes. The company and its 2,500 staff will use the new 60,000 m[sup]2[/sup] scheme as their global head office. The operation was ...
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PropertyEU Archive
JLL: direct real estate investment at weakest level since 2003
Total direct real estate investment in Europe totalled an estimated EUR 32bn in the second quarter of 2008, down 14% on the previous quarter and 44% on the same period in 2007, according to new figures from property broker Jones Lang LaSalle.
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PropertyEU Archive
Aareal Bank boosts CEE business
German bank Aareal said on Wednesday that it has opened a representative office in Moscow. Following official approval from the Central Bank of the Russian Federation (CBR), the office - located in the heart of Russia's capital city - opened its doors for business this week.
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PropertyEU Archive
GPR 250 Europe Index keeps downward trend in June
European real estate stocks ended in negative territory for the fourth month in a row in June, according to both the GPR 250 Europe Index and the EPRA/NAREIT Europe Index. Global Property Research (GPR) reported an overall index dip of 12% in June, representing a sharp drop from the -4.1% ...
