All Real Assets articles in Web Issue – Page 432
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PropertyEU Archive
King Sturge to manage Catalyst's logistics assets in Romania
Catalyst Capital has appointed King Sturge as property and asset management agent for its Romanian logistic portfolio. The portfolio comprises nine production and logistics properties located in Timisoara, Arad and Caransebes. The 50,000 m[sup]2[/sup] of lettable area provides industrial warehouse, production facility, and office space. The main tenants are Alcoa ...
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PropertyEU Archive
Great Capital Partnership sells London property, rejigs leases
The Great Capital Partnership (GCP) has sold Spirella House on Oxford Circus in London to Italian hosiery and beachwear retailer Calzedonia for £22.9 mln (EUR 26 mln).
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PropertyEU Archive
Fabege sees continued strong demand for offices in Stockholm City
Swedish property group Fabege has said that all space at its centrally located Duvan 6 property on Klara Södra Kyrkogata in the Norrmalm district of central Stockholm has been let.
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PropertyEU Archive
Altarea's rental income up 32% in H1 2009
French commercial property company Altarea said rental income from its shopping centre portfolio increased by 32% in the first half of 2009, mostly driven by new openings of shopping centres in the country.
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PropertyEU Archive
France's SCPI funds see inflows drop by 76% in H1 2009
France's SCPI investment funds recorded EUR 123.5 mln in net inflows in the first six months of 2009, according to new figures published by industry bodies Aspim and IEIF (Institut de l'Epargne Immobilière et Foncière). The figure represents a drop of 76% compared to the EUR 513 mln reported in ...
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PropertyEU Archive
AEW fund acquires UK office property at 10% yield
AEW Europe announced on Wednesday that one of its funds has acquired a core office building in the west London suburb of Wimbledon, at a net initial yield of 10%.
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PropertyEU Archive
Prologis leases 35,500 m[sup]2[/sup] to Marks & Spencer
Prologis has signed a lease agreement with retail chain Marks & Spencer for 35,500 m[sup]2[/sup] at Prologis Park Stoke near Birmingham in the UK.
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PropertyEU Archive
Alinso develops largest, diversified business park in CEE
Belgium's Alinso Group has officially launched the development of logistics facility Ploiesti West Park in Romania. Alinso said the 220-hectare park will be the largest, diversified business park in CEE.
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PropertyEU Archive
Andrew Hynard appointed chairman of JLL England
Jones Lang LaSalle has announced that Andrew Hynard is to become chairman of its English business, following John Stephen’s retirement at the end of October.
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PropertyEU Archive
AREA refutes article on 'seized' Barcelona hotels
AREA Property Partners has angrily rejected a claim in a Spanish newspaper that its two hotels in Barcelona had been seized by the group's bank.
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PropertyEU Archive
AREF CEO Rachel McIsaac steps down
Rachel McIsaac is to step down as chief executive officer of the Association of Real Estate Funds at the end of October after serving five years as AREF’s first CEO. She will be returning to fund management, joining Arbuthnot Securities in early November.
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PropertyEU Archive
Gordion shopping centre awarded BREEAM certificate
Redevco Turkey announced it has again been awarded a BREEAM sustainable building certificate, with a rating of 'Very Good', for its Gordion Shopping Centre, due to open on 17 September. Gordion Shopping Center is the first green shopping centre and the first BREEAM-certified building in Ankara.
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PropertyEU Archive
NCC to build Töcksfors Retail Park in Sweden
NCC Construction Sweden has signed a contract with Töcksfors Handelspark to build the first stage of Töcksfors Retail Park in Årjäng Municipality in Sweden. The first stage will comprise a total of 34,500 m2, divided between two major two-storey buildings with an adjacent outdoor facility.
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PropertyEU Archive
JLL changes leadership in Russia
Jones Lang LaSalle has announced that Charles Boudet will move up into the role of managing director in Russia, while Mark Jagger will step into the role of executive chairman.
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PropertyEU Archive
Icade, SIICInvest set to merge
French listed property group Icade has announced plans to merge with its 90%-controlled SIICInvest unit. The merger will take place through the integration of SIICInvest in Icade and is designed to simplify the structure of the group and to optimize its operating costs, Icade said.
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PropertyEU Archive
Prologis leases 14,300 m[sup]2[/sup] in the Czech Republic
Prologis announced on Thursday that it has leased 14,300 m[sup]2[/sup] of newly developed distribution space in the Czech Republic during the third quarter to Geis Logistics, a full-service, global logistics company.
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PropertyEU Archive
Deutsche Pfandbriefbank completes new EUR 36m financing
Deutsche Pfandbriefbank announced it is providing a medium-term loan facility of over £32 mln (EUR 36.6 mln) to a Far Eastern fund making acquisitions in London.
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PropertyEU Archive
Hansainvest fund acquires two office buildings in Cologne
A special fund managed by Germany's Hansainvest has invested around EUR 55 mln to acquire the RheinPalais and RheinAtrium office properties in Cologne from Austrian firm CA Immo. The properties comprise a total rentable area of 16,000 m[sup]2[/sup] and are part of the RheinTriadem complex.
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PropertyEU Archive
Credit Suisse puts Amsterdam trophy building up for sale
Crédit Suisse plans to sell the Viñoly trophy office building, part of the Mahler4 complex in Amsterdam's mixed-use Zuidas district. The Swiss financial group reportedly wants to sell the 30,000 m[sup]2[/sup] fully let building, which it acquired in 2003, for EUR 140 mln as part of a restructuring of its ...
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PropertyEU Archive
BAT Hungary renews lease at Terrapark
Cushman & Wakefield (C&W) announced it represented British America Tobacco Hungary in the lease renewal fro 4,000 m[sup]2[/sup] in Terrapark D office building in Budapest.
