All Real Assets articles in Web Issue – Page 403
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PropertyEU Archive
PropertyEU Week Edition: Hammerson selling Queensgate stake
Hammerson is selling its 50% interest in Queensgate shopping centre in Peterborough, UK. Well-informed sources told PropertyEU the UK REIT has hired CBRE to market the sale of the 80,000 m[sup]2[/sup] asset, which it bought in 2005 from Norwich Union for £156 mln (€184 mln). Hammerson owns the mall in ...
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PropertyEU Archive
ING to restrict real estate finance to Europe
Real estate financing will remain a component of banking and insurance giant ING, Hein Brand, CEO of ING Real Estate Finance, stressed during the Provada real estate fair in Amsterdam. In a video interview with PropertyNL - the sister publication of PropertyEU - Brand added that the ING Group is ...
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PropertyEU Archive
Sonae Sierra unveils EUR 15m expansion for Portuguese mall
Sonae Sierra has said it plans to invest EUR 15 mln to expand GuimarãeShopping to celebrate the 14th birthday of the mall in northern Portugal.
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PropertyEU Archive
Deka acquires assets in Australia for EUR 150m
Deka Immobilien has announced it recently completed the purchase of two properties in Australia for EUR 150 mln.
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PropertyEU Archive
IVG launches sale of EuroSelect 18
IVG is launching a new closed-end fund in the EuroSelect product series, EuroSelect 18. The fund has an investment volume of EUR 92 mln and will invest in office properties in Hamburg, Nuremberg and Munich.
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PropertyEU Archive
UFG reinforces real estate business with acquisition of Exa France
Asset manager UFG is going forward with its strategy to strengthen and develop its property activities with the acquisition of real estate advisor Exa France. The purchase was made through the group's Colliers UFG Property Managers unit, headed by Jean-Louis Scudier.
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PropertyEU Archive
Warimpex opens Andel's hotel in Lodz
Warimpex has announced the opening of its four-star Andel's design hotel in the Polish city of Lodz. The hotel was built on the abandoned site of a weaving mill established by textile magnate Izrael Poznanski in 1878.
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PropertyEU Archive
Andrew Gould to become CEO of JLL England
Jones Lang LaSalle has announced that Andrew Gould, head of its Professional & Advisory Group, is to become chief executive of its English Business from 1 July 2009.
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PropertyEU Archive
Rising public debt triggers sales of government assets - CBRE
Several European governments are weighing major property disposals as debt levels rise in response to the global banking crisis and the recession, according to new research from CB Richard Ellis.
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PropertyEU Archive
Crisis creates big incentives for UK office occupiers - JLL
Certain areas of the UK, in response to the recession, are offering office occupiers increasingly competitive rental costs with some of the best incentives available for 10 years, according to new research from Jones Lang LaSalle.
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PropertyEU Archive
Valad delivers first building in Luxembourg
Telecommunications concern MACH moves this week into the first building to be completed at Campus Contern in Luxembourg, a sustainable development project by Valad Property Group and Valeres Project Developments. The complex totals nearly 25,000 m[sup]2[/sup].
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PropertyEU Archive
Russia leads sluggish CEE investment market - CBRE
Central and Eastern Europe (CEE) recorded a total turnover of approximately EUR 85 mln of property transactions in the month of May, thanks to two investment transactions in Russia, according to CB Richard Ellis' latest monthly CEE Property Investment MarketView.
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PropertyEU Archive
Clarification: Russia leads sluggish CEE investment market
The headline on Thursday's news story 'Russia leads sluggish CEE investment market' inadvertently misstated the author of the report. As made clear in the article, the report was published by CB Richard Ellis.
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PropertyEU Archive
Corio poised for large investments in home markets
Amsterdam-listed Corio expects to be able to carry out a number of large investment deals this year, according to CEO Gerard Groener.
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PropertyEU Archive
CBRE ranked No1 outsourcer in commercial real estate
CB Richard Ellis Group said on Wednesday that it had been recognised as the number eight ranked provider of outsourcing services - and the highest ranking firm within the commercial real estate services sector - in the annual Global Outsourcing 100 released by the International Association of Outsourcing Professionals ...
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PropertyEU Archive
UK dominates 2009 Solal Marketing Awards
The UK has won nine awards at the 2009 International Council of Shopping Centers (ICSC) European Solal Marketing Awards. The UK won more awards than any other country.
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PropertyEU Archive
Prologis secures EUR 250m in loans from insurance firms
Prologis, the global provider of distribution facilities, has announced that it has finalised three secured loans totalling $347 mln (almost EUR 250 mln) with two life insurance companies.
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PropertyEU Archive
Office demand up 33% in Milan - Savills
Milan has seen an increase in the amount of office space required by 33% in the first quarter of 2009, when compared to previous years, according to international property advisor Savills.
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PropertyEU Archive
Luxemburg fund acquires Bond Street Hse for EUR 50m
iii-investments has acquired a premium office and retail property in London for EUR 50 mln. The five-storey office and retail building situated in London’s Westend Mayfair district is being contributed to Luxemburg special fund iii European Property SICAV-FIS.
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PropertyEU Archive
AIB to sell a further seven bank branches
Allied Irish Banks is stepping up its sale-and-leaseback programme to raise capital from its large real estate portfolio. The bank has instructed CB Richard Ellis to market seven 'prominent branches' in the strategic business locations around the Irish Republic.



