All Real Assets articles in Web Issue – Page 414
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PropertyEU Archive
Investment and takeup slump in Dusseldorf market
Some EUR 265 mln worth of properties changed hands in Dusseldorf in the first six months of the year, 40% less than the turnover for the same period last year, according to a report published by Colliers.
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PropertyEU Archive
Echo Investment restarts Polish project
Echo Investment has decided to restart construction work of the Oxygen office building being developed in Szczecin, Poland. Construction came to a halt at the beginning of April 2009 following new technical requirements of potential leaseholders.
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PropertyEU Archive
Institutional investors eye shift to real estate: Invesco
Real estate is one of the key beneficiaries of a major shift in asset allocation preferences among European institutional investors recorded by the 2009 European Institutional Asset Management Survey (EIAMS). The annual survey is now in its ninth year and has been supported by investment manager Invesco throughout this period.
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PropertyEU Archive
Optimism increases in UK housing market
Price expectations in the UK housing market rose in June for the first time since May 2007, supported by low levels of stocks on surveyors' books and increasing buyer enquiries, according to a new survey presented by RICS.
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PropertyEU Archive
RREEF spends EUR 100m in London and Paris
RREEF Spezial Invest GmbH, part of RREEF Alternative Investments, has purchased three properties in London and Paris with a total investment value of EUR 100 mln for institutional investors.
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PropertyEU Archive
Deka acquires Dutch logstics centre for EUR 42m
Deka Immobilien Investment has acquired a logistics complex in the southern Dutch city of Waalwijk for EUR 42 mln.
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PropertyEU Archive
LaSalle acquires Exeter retail units
LaSalle Investment Management has announced the acquisition of two prime retail units on Exeter High Street for £5.8 mln (EUR 6.8 mln) on behalf of one of its pension fund clients.
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PropertyEU Archive
Mike Hussey takes over presidency of BCO
The British Council for Offices (BCO) has formally welcomed Mike Hussey as its new president. Hussy, the former head of Land Securities' London portfolio, took over the post from Nicholas Ridley at the BCO's Annual General Meeting in London this week.
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PropertyEU Archive
Value declines become more shallow, says IPD
Capital values continue to decline in UK commercial property markets but June saw the shallowest fall since August 2007, at -0.9%, according to the IPD UK Monthly Index. The all property peak-to-trough decline now stands at -44.1%, while the 12-month change in capital values is -30.8%.
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PropertyEU Archive
Regional office market in France holds up better than Paris
France's regional office market saw a relatively stable start to the first quarter of 2009, according to international property advisor Savills, with leasing activity down by 10% compared to 14% in Paris.
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PropertyEU Archive
Occupiers may be booted from driving seat in some markets, warns CBRE
Occupiers are still in the driving seat in the commercial real estate sector, but now is the time to engage with landlords over real estate commitments as current occupier opportunities may not last long in some markets, according to a new report by CB Richard Ellis.
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PropertyEU Archive
Dublin sees retail yields move out furthest: Savills
Investment turnover in the European retail market has fallen 55% since April 2008, according to a a new report by Savills. The international adviser attributed the decline to limited liquidity and the mismatch between buyer and seller expectations on pricing.
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PropertyEU Archive
Paris, Madrid seen reaching fair value by year-end
Paris and Madrid are expected to reach fair value by the end of this year, according to DTZ's Money into Property Europe report. While 2009 will continue to see no near-term end to market misery in property markets across the region, broad value will gradually return to Continental Europe over ...
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PropertyEU Archive
HSH Nordbank issues EUR 3 bn Pfandbrief
HSH Nordbank has placed a third EUR 3 bn benchmark bond guaranteed by the German financial markets stabilisation fund Soffin. The bond has a term of three years.
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PropertyEU Archive
Capman Hotels RE fund closes at EUR 872m
Finnish asset manager Capman has announced that fundraising for the Capman Hotels RE fund has been finalised.
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PropertyEU Archive
Deka Immobilien acquires Rosenquartier in Hannover
German fund manager Deka Immobilien Investment has acquired the Rosenquartier complex in the centre of Hannover for more than EUR 46 mln. Deka carried out the transaction on behalf of its Deka-S-PropertyFund No. 1.
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PropertyEU Archive
Zara opens store in Echo Gallery
Spanish clothing store chain Zara is to open an extended store at Echo Gallery in Kielce. With a surface area of more than 1,600 m2, the Polish store will be one of the biggest clothing stores at the centre. The extended Echo Gallery is scheduled to open in 2011.
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PropertyEU Archive
Sarasin issues first sustainable real estate equities fund
Swiss bank Sarasin is issuing the world's first fund to specialise in the shares of sustainable property companies, the Sarasin Sustainable Equity Real Estate Global Fund. The bank said that the companies included in the portfolio are pioneers in the sustainable construction and management of properties.
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PropertyEU Archive
LaSalle signs new lease with Hobbycraft in Harlow
LaSalle Investment Management has announced it has completed a new 15-year lease with Hobbycraft for a retail unit at Queensgate Centre, Edinburgh Way, Harlow, for £224,505 (EUR 261,284) per annum, on behalf of one of its pension fund clients.
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PropertyEU Archive
Land Securities upbeat on investment prospects
Land Securities trimmed its net debt by 5.3% in the first quarter ended June 30 to £4.48 bn (EUR 5.21 bn) from £4.73 bn in the previous period, the company announced this week in a press release.
