Latest reports – Page 3564
-
PropertyEU Archive
Redos Retail to manage Petersbogen shopping centre
Redos Retail Asset Management announced on Tuesday that it has taken over the asset and centre management of the Petersbogen shopping centre in the German city of Leipzig.
-
PropertyEU Archive
Segro appoints general manager for The Netherlands and Belgium
UK-listed property company Segro has appointed Jouke Kist to the new role of general manager for The Netherlands and Belgium. Kist has worked for Segro since June 2006 and was previously responsible for the company’s Dutch operations.
-
PropertyEU Archive
CBRE challenges fears of severe Irish property slump
Property adviser CB Richard Ellis has questioned a report by the Global Equity Research department of UBS, which suggests Irish institutions face a 'significant risk' to earnings as commercial property values in Ireland could potentially fall by as much as 30%.
-
News
Technical change hits PFZW property returns
NETHERLANDS - PFZW, the €88bn Dutch pension scheme formerly known as PGGM, said it would maintain its current property allocation despite the portfolio’s significant underperformance in the last quarter.
-
News
Investors retain appetite for private funds
GLOBAL - More than 80% of institutional investors will increase their allocations to non-listed property funds in 2008, with the remainder retaining their current holdings.
-
News
Valuations lack supporting evidence - Segro
EUROPE - Valuers are being urged by an increasingly desperate industry to make valuations despite a dearth of market evidence, according to Segro.
-
News
New Jersey eyes $2bn in real estate
UNITED STATES - New Jersey Division of Investment will be looking at investing as much as $2bn (€1.38bn) in real estate for 2008.
-
News
UK rally 'will be short-lived'
UK - Property shares will rally by up to 20% between now and mid-year before halving in value over the subsequent 18 months as the economy slides into recession, according to a research note from Morgan Stanley, the investment bank.
-
News
AP Pension makes first direct Asia property bet
DENMARK -- AP Pension, the Danish occupational pension scheme, haschannelled DKK130m (€17.4m) into an Asian property fund with aportfolio of shopping centres – its first direct foray into Asian realestate funds.
-
News
Serbia: 'the new Poland'
EUROPE - Investors will target Balkan states for returns fast disappearing from Central and Eastern European (CEE) property markets, judging by an Serb acquisition announced last week by Merrill Lynch.
-
News
RREEF heads for Hyderabad homes
INDIA - Deutsche Bank property subsidiary RREEF has entered the Indian market with a $70m (€47.6m) indirect investment in residential developer Golden Gate Properties.
-
News
Washington State commits to Brazil
UNITED STATES - Washington State Investment Board has decided to allocate $100m (€68.4m) into a commingled fund providing debt and equity investments in Brazilian real estate.
-
News
RV Kuhns adds real estate presence
UNITED STATES - RV Kuhns & Associates has become the latest general investment consultant in the United States to have its own real estate team.
-
News
US pension funds see new opportunity
UNITED STATES – Pennsylvania State Employees Retirement System and the Teacher Retirement System of Texas are two of the latest US pension funds to place capital into opportunity funds.
-
News
JP Morgan creates $726m apartment JV
UNITED STATES - JP Morgan Asset Management has setup a $726m (€498.6m) joint venture with Apartment Investment and Management Company to gain a co-ownership of three apartment complexes in West Los Angeles.
-
PropertyEU Archive
Paris Chamber and Unibail-Rodamco join forces on convention centres
Unibail-Rodamco and the Paris Chamber of Commerce and Industry (CCIP) have announced a merger of their Paris-area convention venues which will include ownership, venue management as well as the organisation of exhibitions. The agreement was signed in the presence of France’s Economy, Finance and Employment Minister Christine Lagarde and Minister ...
-
PropertyEU Archive
GE Real Estate buys office project in Marseilles
GE Real Estate France has announced the forward purchase of a 8,700 m[sup]2[/sup] office property under construction in the French city of Marseilles. The property is scheduled for delivery in the third quarter of 2009. The financial details of the transaction were not disclosed.
-
PropertyEU Archive
Akron acquires logistics park in Kiev
Vienna-based Akron Group has acquired the Eastgate logistics park in the Ukrainian capital of Kiev from developer GLD Invest Group for EUR 40 mln. In a statement, Akron said the asset is a newly developed 'state-of-the-art storage and office building covering 40,000 m[sup]2[/sup].
-
PropertyEU Archive
Colliers arranges sale of Grand Hotel Lodz
Colliers International Poland has arranged the sale of the Orbis Group's Grand Hotel Lodz to an undisclosed private investor for EUR 20 mln. Orbis Group is the largest tourist and hotel group in Poland and Central Europe. Prominently located in the heart of Lodz the Grand Hotel has 161 rooms, ...
-
PropertyEU Archive
AXA Belgium buys 67,000 m[sup]2[/sup] warehouse
AXA Belgium, advised by King Sturge's Antwerp team, has purchased a 67,665 m[sup]2[/sup] warehouse and logistics complex in Hoogstraten, in the province of Antwerp for EUR 31 mln. The property was sold by LEG I+II, a subsidiary of LaSalle Investment Management The transaction represented a yield of about 7.5%.
