All PropertyEU Archive articles – Page 596
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PropertyEU ArchiveRICS welcomes coronavirus crisis aid for UK firms and tenants
Financial protections for tenants during the COVID19 crisis in the UK have been welcomed by the Royal Institution of Chartered Surveyors (RICS).
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PropertyEU ArchiveEurope’s retail landlords dash to preserve cash amid epidemic
Europe’s largest retail REITs this week all announced a number of measures to preserve and enlarge their cash positions as the sector braces for the impact of coronavirus.
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PropertyEU ArchiveCommerz Real appoints head of newly-merged asset management units
German property firm Commerz Real announced on Thursday that it has appointed Jens Böhnlein as global head of Asset Management after merging the office, industrial and shopping centre asset management divisions.
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PropertyEU ArchiveItalian developer halts construction of Milan tower over Coronavirus
Italian builder Impresa Rusconi is halting the construction of its flagship Torre Milano project on concerns over the spread of Coronavirus.
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PropertyEU ArchiveRetail REITs face 'rough ride and low leverage is crucial' - Kempen
Retail REITs are in for a rough ride, especially those with higher financial leverage and inadequate dividend coverage, experts at investment manager Kempen warned this week.
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PropertyEU ArchiveItaly’s IGD defers rent payments in shopping malls to Q2 in 'extraordinary' concession
Italian retail specialist IGD announced this week that it is working on an ‘extraordinary’ rescheduling of rental payments due by retailers in its shopping centres to the second quarter of the year as a result of the coronavirus pandemic.
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PropertyEU ArchiveMercadona puts €200m Spanish supermarket portfolio up for sale
Spanish retail group Mercadona is planning to sell a portfolio of 36 supermarkets across the country as part of plans to focus on its core retail business.
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PropertyEU ArchiveHines seals over €300m of sales in Milan – Exclusive
US privately-owned developer-investor Hines has inked the sale of two office buildings in Milan for a total of over €300 mln, PropertyEU has learned.
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PropertyEU ArchiveAviva Investors picked as buyer for €700m Dutch office package
Aviva Investors has reportedly emerged as the buyer of a portfolio of six office properties from Chinese group Anbang in a deal valued at €700 mln.
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PropertyEU ArchiveAsian deal activity halves so far this year, Europe expected to follow
Asian deal volumes declined by 50% in the first eight weeks of this year as a result of the Coronavirus epidemic, according to data released this week by RCA.
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PropertyEU ArchiveAustrian builder Strabag halts construction activity in 'drastic' response to Coronavirus
Strabag, Austria’s largest construction company, announced on Wednesday that it is halting its regular construction operations effective today as a result of the Coronavirus epidemic.
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PropertyEU ArchiveUK retailer Laura Ashley appoints administrators
Struggling UK fashion retailer Laura Ashley has appointed PwC as administrators after rescue talks were abandoned due to the Coronavirus epidemic.
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PropertyEU ArchiveAlantra’s Shanghai team allowed back in the office
After almost two months, a global investment banking, advisory and alternative asset manager has allowed staff to resume working from its Shanghai office in China.
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PropertyEU ArchiveCEO Oliver Schumy leaves Immofinanz for personal reasons
CEE property landlord Immofinanz has announced that CEO Oliver Schumy is leaving the company as per today, 18 March 2020, on mutual agreement due to personal reasons.
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PropertyEU ArchiveValuer ‘material uncertainty’ forces string of managers to close UK open ended funds
Aberdeen Standard Investments has just become the latest manager to suspend dealings in UK open ended funds as UK valuers return to caveating valuations because of the coronavirus crisis.
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PropertyEU ArchiveFrance’s Covivio to review full-year guidance on Coronavirus
French listed property giant Covivio is being forced to review its guidance for the full-year as the Coronavirus epidemic takes its toll on the company’s portfolio.
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PropertyEU ArchiveImmobel acquires 50% stake in Brussels' Multi Tower
Belgium's biggest listed developer Immobel has bought a 50% stake in the Multi Tower, a 45,000 m2 office property in the centre of Brussels.
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PropertyEU ArchiveAntilooppi picks up nine offices in Helsinki
Helsinki-focused office specialist Antilooppi has acquired nine properties in Ruoholahti from local player Sponda Oyj and its subsidiaries.
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PropertyEU ArchiveSavills Ireland appoints ex-Nama executive
A former executive from Ireland's so-called 'bad' bank, Nama, has been appointed as consultant to Savills development and consultancy division in Dublin.
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PropertyEU ArchiveArt-Invest reveals commercial plan for London Docklands site
Pan-European investor, developer and asset manager Art-Invest Real Estate (AIRE), which focuses on Germany, Austria and the UK, has revealed plans to develop as much as 1 million ft2 (92,900 m2) of offices on a newly acquired Docklands site in east London.
