Latest reports – Page 3494
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PropertyEU Archive
Cogedim, Vinci team up on Toulouse mixed-use project
French property developer Cogedim is joining forces with Vinci Immobilier to construct Les Portes Sud complex in Toulouse. The mixed-use property will consist of 28,500 m[sup]2[/sup] of commercial space across five buildings. In a statement, the two partners said that Crédit Suisse Asset Management is acquiring the office section of ...
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PropertyEU Archive
Atisreal, Danos form Greek alliance
Property firm Atisreal said on Thursday it had formed a strategic alliance with Greek peer Danos & Associates. Danos has offices in Athens, Thessalonika, Nicosia and Limassol and 60 employees. ‘It will provide Atisreal with its range of property services, notably investment, transactions (rent and sale), consulting and valuation (residential ...
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PropertyEU Archive
AREFF buys Finnish property for EUR 31m
Aberdeen's Property Investors’ Aberdeen Real Estate Fund Finland (AREFF) said it has bought a 26,000 m[sup]2[/sup] office and logistics property in Hakkila, Vantaa, southern Finland, from logistics provider Kesko and the Kesko Pension Fund. The property, which consists of 26,000 m[sup]2[/sup] of lettable space, houses the headquarters of retailer Rautakesko ...
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PropertyEU Archive
Fonciere Massena buys French offices from Warburg Henderson
French listed property company Fonciere Massena said it has signed an agreement with German investor Warburg Henderson on the acquisition of an office complex in Boulogne Billancourt. Completed in 2005, the R' Way building provides 4,262 m[sup]2[/sup] of space and 95 parking spaces on the underground level. The property is ...
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PropertyEU Archive
SEB acquires Spanish logistics property for EUR 39m
Swedish firm SEB Asset Management said on Thursday it had acquired a logistics property in Ciempozuelos, 35 km south of Madrid, for its mutual fund SEB ImmoPortfolio Target Return Fund for EUR 39.5 mln. The seller is Coperfil Real Estate, a subsidiary of the Spanish property developer Coperfil Construcción.
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PropertyEU Archive
Rezidor to open New Park Inn in Edinburgh
The Rezidor Hotel Group said on Thursday that it plans to open a new Park Inn hotel in Edinburgh, Scotland, making it Rezidor's fourth hotel in the Scottish capital. Located in the city centre, the property will have a total of 171 rooms, a restaurant, a lobby bar & lounge, ...
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PropertyEU Archive
TriGranit opens new Bratislava office building
Hungarian developer TriGranit Development Corporation said on Thursday it had opened its latest office development in the Sklovak capital Bratislava. The Lakeside Park phase 1, offers around 25,000 m[sup]2[/sup] of lettable space, plus over 500 parking places. Total investment in the project will be EUR 44 mln.
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PropertyEU Archive
OECD: UK economy to slow on housing downturn
The Organisation for Economic Cooperation and Development (OECD) warned on Wednesday that ther UK's economic growth rate will slow in the next two years as a result of a drop of about 10% in property prices. The organisation said in its half-yearly outlook that the downturn in the real estate ...
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PropertyEU Archive
'BCO can play key role in Russia's real estate industry'
The British Council of Offices (BCO) can play a vital role in raising the game of the real estate industry in Russia and Eastern Europe, according to Robert Fry of London-based architects firm Swanke Hayden Connell. Fry made the comment during a seminar on the first day of the BCO's ...
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PropertyEU Archive
RICS calls on property sector to embrace 'social sustainability'
The UK's Royal Institution of Chartered Surveyors (RICS) has called for a 'change of mindset' in the real estate market, saying companies in the sector need to move beyond purely environmental and economic considerations and also embrace social sustainability. RICS said environmental protection is 'only one side of the coin' ...
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PropertyEU Archive
ING REIM CEO David Blight resigns
ING Real Estate said on Thursday that David Blight, the CEO of ING Real Estate Investment Management (ING REIM) has resigned for family reasons and will be returning to his home country Australia. He will be leaving the company at the end of August but will remain connected with ING ...
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PropertyEU Archive
Volograd named as emerging city in Russia, BCO delegates hear
Rostov-na-Donu, Saratov and Volograd are the new emerging cities to watch in Russia, according to Simon Marx, head of real estate forecasting at UK-based research firm Experian. Other second-tier cities in Central and Eastern Europe with populations of over a million and good growth prospects are Izmir (Turkey), Adana, Turkey ...
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News
Van der Ende takes the CIO chair
NETHERLANDS – Johan van der Ende, currently at the helm of strategy and structured investments at PGGM, has been promoted to chief investment officer.
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News
Illinois Teachers targets minority and female managers
UNITED STATES - Teachers’ Retirement System for the State of Illinois has decided to expand its emerging manager program to include real estate for the first time.
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News
State of Wisconsin makes hotel reservations
UNITED STATES - Wisconsin State Investment Board is planning to invest into hotels for the first time.
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News
Ohio PERS sees value of European capital
UNITED STATES - Ohio Public Employees Retirement System (PERS) has made $75m (€48.3m) commitments to Carlyle Europe Realty Partners III and Blackstone Real Estate Partners Europe Fund III.
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News
LACERA moves $50m into pan-Asia fund
UNITED STATES - Los Angeles County Employees Retirement Association had added to its international real estate exposure by committing $50m (€32.2m) to the ING Real Estate Asia Value Fund.
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News
Ohio Police & Fire commits to high return fund
UNITED STATES - Ohio Police & Fire Pension Fund is continuing its high return commingled fund investing strategy by making a $25m (€16.2m) commitment to the Walton Street Real Estate Fund VI.
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MagazineSpicy source
In spite of the problems north of the border Mexico City is booming and could offer significant returns. But the potential for expansion is limited – and will new fiscal measures spoil the party?
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MagazineGetting real
Brazil has surged up the economic respectability league in recent years and is close to receiving an important quality mark as economic reform works its wonders.
