All Real Assets articles in Web Issue – Page 262
-
PropertyEU Archive
Five top property firms to create environmental rating system
Five leading international property companies have announced an initiative to develop a Global Green Rating system to better evaluate their properties environmental performance. The companies involved are AEW Europe, AXA REIM, Bureau Veritas, GE Real Estate Europe and ING Real Estate. The ratings will be based on measurable indicators related ...
-
PropertyEU Archive
Statoil to move UK HQ to PaddingtonCentral development
Norwegian oil company Statoil is to relocate its UK headquarters to the One Kingdom Street phase of Development Securities' PaddingtonCentral scheme in London. The development was funded by Morley Fund Management and Union Investment.
-
PropertyEU Archive
Aerium, FGG launch EUR 1.8bn pan-European opp fund
London-based financial services group Aerium and asset manager Fairfield Greenwich Group (FGG) are launching a EUR 1.8bn opportunity fund to invest in European real estate.
-
PropertyEU Archive
Prologis in 29th position in ranking of top 100 investors
Logistics supplier Prologis should have appeared in 29th position in the ranking of top 100 listed investors in the June/July issue of PropertyEU Magazine with a portfolio size of EUR 4.2bn. The ranking incorrectly listed Prologis in 56th position. The colour bar indicating property segments should have been predominantly green ...
-
PropertyEU Archive
Hansteen completes EUR 130m bank financing
AIM-listed European property investor Hansteen has completed a EUR 130mln bank financing of its property investments in the Netherlands with FGH Bank. The bank is part of Rabo Bouwfonds and specialises in financing commercial real estate.
-
PropertyEU Archive
XXI Century has 15 projects under construction
Ukrainian real estate company XXI Century Investments said that it has 15 projects in the construction phase and is in negotiations with anchor tenants for its Kvadrat chain of shopping centres across Ukraine. In a project update published this week, the company said pre-lease agreements have been signed with a ...
-
PropertyEU Archive
UBS appoints new head of RE acquisitions in Benelux
UBS Global Asset Management has appointed Dutchman Ward van de Braak to head its real estate acquisitions and disposals in the Benelux region. Van de Braak joins UBS Global Real Estate from Rotterdam-based property investor Vastned Offices/Industrial, were he was also in charge of the acquisition and sale of property ...
-
PropertyEU Archive
Newsec acts for Stora Enso
Property adviser Newsec acted for Stora Enso and not the buyer, as we initially said in our report: 'Deka acquires Stora Enso HQ in leaseback deal' (newsletter 10 June 2008)
-
PropertyEU Archive
C&W appointed sub-leasing agent for Deloitte Business Centre
Real estate services firm Cushman & Wakefield Ukraine said it has been retained as the sub-leasing agent for Deloitte Business Centre in Kiev. The Class-A business centre comprises some 9,500m[sup]2[/sup] of gross lettable area. Deloitte is subleasing approximately 3,100m[sup]2[/sup] of ready for fit-out office space on floors 2, 3 and ...
-
PropertyEU Archive
Aled Spa buys luxury Capri hotel
Rome-based real estate group Aled Spa has purchased the JW Marriott Tiberio Palace Resort & Spa and its serviced apartments on the Italian island of Capri in a sale-and-leaseback deal. The financial details of the transaction were not disclosed.
-
PropertyEU Archive
SNS in running for Copenhagen waterfront project
SNS Property Finance of the Netherlands is vying to become a financial partner of the Marmormolen development on the waterfront in Copenhagen, Karl-Gustav Jensen, CEO of City & Port Development told PropertyEU on Wednesday. The warehouse pier is to be transformed into a major mixed-use project.
-
PropertyEU Archive
Multi and Fortress to form office JV in Netherlands
Multi Vastgoed, the Dutch subsidiary of Multi Corporation, is joining forces with Rotterdam-based Fortress Groep in a 50/50 office development joint venture in the Netherlands. The parties signed contracts at the Provada real estate fair in Amsterdam on Wednesday to contribute development portfolios of 14 projects with a total development ...
-
PropertyEU Archive
Italian office market moves out of town
Demand for offices in Italy is shifting away from expansion towards consolidation and rationalisation in both the Rome and Milan markets, according to Savills' latest office research report. The review noted an evolution of occupier requirements with tenants demanding high quality, well-connected and green accommodation. As a result, there has ...
-
PropertyEU Archive
Nexity awarded 141,000 m[sup]2[/sup] property management contract
Nexity's property management unit, Nexity Saggel, has won the management contracts for two commercial portfolios with a total 141,000 m[sup]2[/sup] of space from AEW Europe. The first portfolio includes six retail parks, one retail gallery and four shopping centres in France. The portfolio will be managed by Nexity's commercial property ...
-
PropertyEU Archive
King Sturge leases 10,000 m[sup]2[/sup] in Bucharest logistics park
Property advisor King Sturge said on Thursday it had leased a 10,240 m[sup]2[/sup] unit at the Mercury Logistics Park in Bucharest to Romanian firm Dumagas Transport. 'This transaction demonstrates that the growth seen in the retail market is driving strong demand in the logistics sector,' said Mark Mannering, joint managing ...
-
PropertyEU Archive
Prologis to build 23,000 m[sup]2[/sup] Belgian site for Sketchers
Euronext-listed logistics developer Prologis said it will develop a 23,000 m[sup]2[/sup] site in Liege, Belgium, for Sketchers EDC, the European arm of US footwear and apparel manufacturer Sketchers USA. Sketchers' new regional distribution and logistics hub will be located approximately 30 minutes west of the German border and one hour ...
-
PropertyEU Archive
Amsterdam sets 2015 target for 100% green homes
The Amsterdam city council said on Thursday that all new homes built in the city will be climate neutral by the year 2015, five years sooner than the target set by the current Dutch government. The council said project developers now have the 'know-how and experience' to build climate neutral ...
-
PropertyEU Archive
Capnexi OPCI buys French offices for EUR 105m
Nexity Reim and Natixis Capital Partners's new joint venture, Capnexi, has bought a 17,000 m[sup]2[/sup] portfolio consisting of three assets at Puteaux outside Paris from German pharmaceutical group Bayer for EUR 105mln. In a statement, the two partners said that Bayer will lease back two of the buildings, or about ...
-
PropertyEU Archive
Fonciere des Regions sells at La Defense for EUR 126.5m
French property giant Fonciere des Regions (FDR) has sold a 18,300 m[sup]2[/sup] office complex at La Défense to French bank and insurance group Groupama for EUR 126.5mln, excluding costs. The sale is expected to be finalised in July 2008. The asset, located in the Michelet district of La Défense, is ...
-
PropertyEU Archive
IVG Development pre-lets 4,500 m[sup]2[/sup] in Budapest
IVG Development has achieved a large-scale pre-letting on its Infopark Building E project. The Hungarian subsidiary of the IT-supplier for the airline and aviation industry, Lufthansa Systems, has agreed to lease 4,500 m[sup]2[/sup] of high-quality office space within the Infopark business park in Budapest. Lufthansa Systems Hungária Kft is already ...
