All Real Assets articles in Web Issue – Page 434
-
PropertyEU Archive
SPDE appoints Inger Lise Egeland as CFO
Scandinavian Property Development (SPDE) has hired Inger Lise Egeland as chief financial officer. Egeland has been working at SPDE since the first of April 2009 on a management-for-hire contract from Price Waterhouse Coopers, Norway.
-
PropertyEU Archive
French court backs Coeur Defense protection plan
A French court has approved a safeguard plan proposed by the owners of Paris' skyscraper Coeur Defense and ruled against the seizure of the tower by their creditor banks. Under the plan, owners Lehman Brothers and Atemi will be granted a further two years for the repayment of an asset-backed ...
-
PropertyEU Archive
Nordic market close to bottom: Newsec
The lowest point of the Nordic property market is starting to appear, according to Northern European property advisor Newsec.
-
PropertyEU Archive
GI Partners sells Frankfurt data centre
Transatlantic private equity firm GI Partners has sold a data centre in Frankfurt, Germany for $28 mln (EUR 19.15 mln) to Equinix (Holding), a wholly-owned subsidiary of NASDAQ-listed Equinix Inc.
-
PropertyEU Archive
Pramerica poaches UBS experts for UK fund push
Pramerica Real Estate Investors (PREI) has hired three professionals from UBS Global Asset Management to expand its commercial real estate platform in the UK and introduce a series of UK property funds.
-
PropertyEU Archive
Catella launches EUR 1b healthcare property fund
Catella Real Estate plans to set up a EUR 1 bn open-ended fund to invest in European healthcare properties. Focus HealthCare (FHC), an open-ended vehicle, will acquire clinics, medical practice offices, nursing homes, wellness and fitness facilities across Western Europe.
-
PropertyEU Archive
Retail deals hit record of 35% of European investment in H1
Retail transactions accounted for 35% of total European real estate investment activity in H1, compared to the last five-year average of 26%, despite the decline in total retail investment transactions in the first half of 2009, according to the new research from CB Richard Ellis. The sector's share of the ...
-
PropertyEU Archive
H2SO consultancy launches into London commercial property market
The H2SO commercial property consultancy has launched into the Central London market, saying it is bringing together some of the best known names in office agency, investment, development, asset management and professional services.
-
PropertyEU Archive
Immofinanz finalises largest German deal so far in 2009
Austrian real estate group Immofinanz said on Tuesday that it has finalised the largest German real estate transaction so far in 2009 with the sale of two office buildings and a five-star-plus hotel in Munich's Lenbachgärten.
-
PropertyEU Archive
Aberdeen fund acquires high-street retail units in Paris
Aberdeen Property Investors has announced that one of its pan-European funds has acquired two prime high-street retail units in Paris. The Aberdeen European Balanced Property Fund acquired the properties on Avenue Montaigne in Paris, close to the Champs-Elysées, from a private owner. The financial details were not disclosed.
-
PropertyEU Archive
Invesco confirms acquisition of Novotel in The Hague
Invesco European Hotel Real Estate Fund has confirmed it has acquired the Novotel in the World Forum in The Hague from Dutch developer TCN.
-
PropertyEU Archive
CBRE advises on Amsterdam retail arcade sale
CB Richard Ellis has said it acted for Investore Prime Retail in the acquisition of 'De Opgang/CAN Fase 1' arcade in the Boven 't IJ shopping centre in Amsterdam from ING Real Estate Development for EUR 21.75 mln.
-
PropertyEU Archive
Premier Inn secures new hotels at London airports
UK hotel operator Premier Inn has announced plans for four new hotels at London's leading airports, creating a total of 1,570 rooms.
-
PropertyEU Archive
Capital growth returns on Lehman anniversary: IPD
The anniversary this week of the collapse of investment bank Lehman Brothers was marked by the first monthly UK commercial property capital growth in 26 months. The IPD UK Monthly Index recorded an increase of 0.2% in August.
-
PropertyEU Archive
APG pushes governance changes at Prologis Europe
The proposed conversion of Prologis European Properties (PEPR) from a fonds commun de placement (FCP) to a société d’investissement à capital fixe (SICAF) will lead to additional financial risks, according to APG. On Tuesday, the Dutch pension giant sent a letter to this effect to PEPR's management, chairman Geoffrey Bell ...
-
PropertyEU Archive
Helaba appoints new director for Paris team
Germany's Landesbank Hessen-Thuringen (Helaba) has appointed Marina Planck as head of underwriting and portfolio management for its real estate business in France.
-
PropertyEU Archive
RICS launches pioneering standards for facilities management (UK)
The Royal Institution of Chartered Surveyors has launched a new tool in setting standards in facilities management, a field that it says has the potential to lead the way in creating more sustainable, efficient and cost effective workplaces. Launched on Friday at RICS' Westminster global headquarters, the White Book will ...
-
PropertyEU Archive
Plaza Centers buys 55,000 m[sup]2[/sup] site in Poland
CEE property firm Plaza Centers has acquired a 55,000 m[sup]2[/sup] site in Lodz, Poland for the development of a new 45,000 m[sup]2[/sup] shopping and entertainment centre. This is Plaza's second acquisition in Lodz and the firm's 14th project in Poland.
-
PropertyEU Archive
Aedes raises EUR 150m, names new CEO
Listed Italian property company Aedes has raised around EUR 150 mln through the capital increase to boost its balance sheet. The firm placed 577 million shares at a price of EUR 0.26 per share.
-
PropertyEU Archive
French investment volumes up by 90% in Q2
Commercial property investment in French real estate increased by 90% to around EUR 1.43 bn in the second quarter of 2009 compared to the previous three-month period, according to a new research report issued by international property advisor Savills.
