All PropertyEU Archive articles – Page 940
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PropertyEU ArchiveReal IS buys Berlin property from Barings
Munich-based Real IS, the real estate arm of Bavarian savings bank BayernLB, has acquired the 'Charlotte 13' office and retail building in Berlin (pictured) from Barings Real Estate Advisers for an undisclosed sum.
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PropertyEU ArchiveMainland Europe boosts Colliers International
Colliers International reported a solid increase in revenue and earnings for its EMEA operations in 2016 despite a decline in its sales and brokerage unit in the wake of the UK vote to leave the EU in June.
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PropertyEU ArchiveNeinver's sales rose 10% in outlet centres
Spanish outlet centres specialist Neinver has reported 10% growth in sales year-on-year at the outlet centres it manages in six European countries.
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PropertyEU ArchiveSavills' Charities Fund buys €13m Brighton office
International real estate investment manager Savills Investment Management has announced that its Charities Property Fund (CPF) has acquired a landmark office property in Brighton from Aviva Investors for £11.2 mln (€13.2 mln), reflecting a net initial yield of 6.11%.
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PropertyEU ArchiveEuropa checks out of Dusseldorf hotel for €14.4m
Pan-European investor Europa Capital, the general partner of Europa Fund IV, together with its local partner, P.B.G Frankfurt, have sold the Innside Hotel in Dusseldorf to Quadoro for €14.4 mln.
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PropertyEU ArchiveFutureal builds €140m residential scheme in Budapest
Cordia, the residential subsidiary of Hungary's Futureal Group, has taken over the development of the Sasad Resort project in Budapest from GTC Hungary.
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PropertyEU ArchiveFirst Property swoops on €23m Pilot Tower in Poland
Property fund manager and investor First Property Group has purchased a recently built office tower in Krakow, Poland with a club of investors for €23 mln.
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PropertyEU ArchiveArco injects €30m to expand Business Park Sofia
Arco Real Property Holdings, a joint venture between Arco Capital and Deutsche Asset Management's DB Private Equity and Private Markets group, has announced plans to expand Business Park Sofia (BPS) with the construction of a new building at a cost of €30 mln.
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PropertyEU ArchiveMeyer Bergman to seek more than €300m for Polish shopping centre
Meyer Bergman is tapping into investor demand for core retail assets in Central and Eastern Europe by putting Galeria Katowicka in southwestern Poland on the market for over €300 mln.
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PropertyEU ArchiveHammerson profits fall 56%, UK outlook uncertain
Hammerson, the retail-focused REIT, saw its profits plunge by over 56% year-on-year to £317.3 mln (€372 mln) in 2016 compared with £726.8 mln (€853.5 mln) the previous year.
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PropertyEU ArchiveCapital & Regional sells UK shopping centre for €64m
Capital & Regional, the UK-focused specialist property REIT, has sold a shopping centre in the town of Ipswich to the National Grid Pension Fund for £54.7 mln (€64 mln).
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PropertyEU ArchivePanattoni constructs fifth shed for Amazon in Europe
Leading Polish industrial developer Panattoni Europe has announced that it is developing a fifth logistics centre for global e-retailer Amazon, this time in Upper Silesia in Poland. The price of the development was not revealed.
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PropertyEU ArchiveArdian Real Estate buys Italian office assets from Prelios
Private property investment firm Ardian Real Estate has entered the Italian market with the acquisition of six office assets from a fund managed by Prelios SGR.
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PropertyEU ArchiveBankinter and Sonae Sierra launch new Spanish REIT
Spanish financial services company Bankinter and international retail property specialist Sonae Sierra have finalised the capital raising for ORES Socimi, their joint venture real estate investment vehicle, and listed it on the alternative stock market MAB in Madrid.
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PropertyEU ArchiveDelin makes strides in Benelux logistics growth
Pan-European logistics investor and developer Delin Capital Asset Management (DCAM) has signed a 58,000 m2 pre-let at its Roosendaal development in the Netherlands with Lidl E-Commerce.
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PropertyEU ArchiveBRIEFING: Conversion is name of the game in the Nordics
Investors in the Nordics are increasingly looking to value-add and conversion opportunities as prime becomes overpriced or oversupplied, panellists agreed at the PropertyEU Nordics Investment Briefing, which was held last week in Stockholm.
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PropertyEU ArchiveGrosvenor Europe buys first residential scheme in Madrid
Grosvenor Europe, one of four operating companies of the privately-owned Grosvenor Group, has acquired its first residential development site in Madrid, with joint venture partner Amcorp Properties Berhad (Amprop).
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PropertyEU ArchiveChinese investors dominated London West End's January deals - Savills
Chinese investors dominated London's West End market in January, according to new data from Savills, investing £805 mln (€945 mln) of the £841 mln (€987 mln) spent in the city's prime downtown district, which includes Soho and Oxford Street.
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PropertyEU ArchiveBrookfield buys 13 student housing assets from Unite
Unite Group, the biggest developer and manager of student accommodation in the UK, has sold 13 properties to a fund managed by Northern American asset manager Brookfield for a total £295 mln (€346 mln).
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PropertyEU ArchiveReal IS buys Amsterdam office tower for €55m
German fund manager Real IS has acquired the Alpha Tower, a fully-let office property in Amsterdam, from Commerz Real for around €55 mln.
