All Real Assets articles in Web Issue – Page 410
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PropertyEU Archive
Union Investment's Trianon in Prague 96% leased
The Czech subsidiary of Hochtief Development has said it recently leased 2,600 m[sup]2[/sup] of space in Prague’s Trianon office building to Alwil Software. This brings the total of leased area to more than 19,000 m[sup]2[/sup] , or over 96%. The building was sold to Union Investment Real Estate in 2006 ...
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PropertyEU Archive
Cofinimmo acquires business park and nursing homes
Belgian real estate group Cofinimmo has acquired all the shares in the entity which owns the newly built West-End business park complex located in Groot-Bijgaarden in the western periphery of Brussels.
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PropertyEU Archive
Masterclass 'Attracting Urban Investment' - Promoting urban projects in today's investment climate
Ecorys, an international company specialising in economic, spatial and social development, is holding a two-day masterclass in partnership with top level experts in the field to provide solutions to face the competition for urban investment.
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PropertyEU Archive
Barden Gale becomes CEO of JER
J.E. Robert Companies (JER), a global commercial real estate investment management company, has announced that Barden Gale joined the
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PropertyEU Archive
Christopher Wilton becomes VC of DTZ Middle East
DTZ has appointed Christopher Wilton as Vice Chairman, Middle East with immediate effect. Wilton has held a number of high-profile roles in the Middle East including Ambassador to Kuwait, British Consul General in Dubai and Commercial Counsellor at the British Embassy in Saudi Arabia.
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PropertyEU Archive
Invesco Real Estate broadens European platform
Invesco Real Estate (IRE) has announce seven appointments across Europe, including three senior hires. Invesco said the move positions the firm for further strategic growth and take advantage of future opportunities being created by the current market turmoil.
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PropertyEU Archive
CBRE Investors completes two deal in the UK
CB Richard Ellis Investors has successfully completed the acquisition of two UK properties as part of the ongoing development of the company's assets.
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PropertyEU Archive
XXI Century sees dramatic drop in portfolio value
XXI Century Investments has said that the value of the company's share of its portfolio of assets was approximately $474 mln at end-December 2008 compared to USD 2.06 bn as at 31 June 2008 and $2.03 bn at 31 December 2007.
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PropertyEU Archive
Gecina sells Paris office asset for EUR 98m
French real estate group Gecina has announced the disposal of a 92,000m[sup]2[/sup] office building located at 2 avenue Gay Lussac in Saint Quentin en Yvelines in Paris' second periphery, for a total of EUR 98 mln.
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PropertyEU Archive
Land Secs sells One Wood Street for EUR 122m
UK REIT Land Securities has exchanged contracts for the leasehold sale of One Wood Street in London to the fund manager Aerium on behalf of the Glenn Arrow UK Property Fund for £105.5 mln (EUR 122 mln).
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PropertyEU Archive
Deutsche EuroShop concludes EUR 132m refinancing
Shopping center investor Deutsche Euroshop has refinanced loans totalling EUR 132.2 mln over ten years. The firm has entered into a new loan agreement that includes a EUR 50 mln loan to be extended in October 2009 as well a EUR 82.2 mln loan not due until 2013.
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PropertyEU Archive
Union Investment acquires hotel in Krakow for EUR 32m
Hamburg-based Union Investment Real Estate has made its first hotel investment in Central Europe with the acquisition of the Radisson Blu 4-star hotel in the Polish city of Krakow.
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PropertyEU Archive
Saudi fund and CIT target EUR 820m deal in UK - report
Jadwa investments, an investment fund manager partly owned by the Saudi royal family, has teamed up with property investor CIT to target a EUR 820 mln transaction in the UK, Jadwa's chairman Prince Faisal bin Salman bin Abdulaziz has told the Financial Times.
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PropertyEU Archive
Hansainvest acquires full ownership of Finnish trade park
YIT Construction has sold the third stage of Koskelo Trade Park in the Finnish city of Espoo to German fund, Hanseatische Investment.
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PropertyEU Archive
K&H Group acquires new HQ at Trigranit's Millennium City Center
Trigranit Development has signed an agreement in relation to the sale of a 52,000m[sup]2[/sup] building under development at Millennium City Center in Budapest to K&H Group. The three-floor 'K' property is due to be completed by the end of 2011 and will serve as the financial institution's new headquarters.
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PropertyEU Archive
NPRO extends lease with DnBNOR at Aker Brygge
Norwegian Property (NPRO) and DnBNOR have agreed to extend the existing lease contract at Aker Brygge until end-March 2013. The new contract which is valid from 28 September 2011 encompass an office area of 23,000 m[sup]2[/sup] and a storage area of 2,428 m[sup]2[/sup].
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PropertyEU Archive
Carpathian restructures Anglo Irish Bank debt
AIM-listed real estate investor Carpathian has announced that it has signed documentation to restructure all its debt facilities with Anglo Irish Bank.
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PropertyEU Archive
YOUNIQ Successfully Sells Student Apartments
Alta Fides sold a major share of the student apartments the company is marketing under the name of YOUNIQ to private and institutional investors within three months of opening and starting-up the first properties.
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PropertyEU Archive
Prologis appoints new CFO Europe
Global logistics property provider Prologis said it has appointed David Doyle as chief financial officer of Europe, replacing Philip Dunne who was recently promoted to President & CEO of the European business.
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PropertyEU Archive
DTZ: The real estate strategies of embassies in Brussels
International real estate advisor DTZ has published a new study on embassies, diplomatic representations and lobbies in Brussels.
