All Real Assets articles in Web Issue – Page 491
-
PropertyEU Archive
FedEx extends Dutch contract with Valad
FedEx, the largest express company in the world, has extended its contract in the Netherlands with Valad Property Group for a period of five years. The organisation leases 12 units with Valad, covering 3,600 m[sup]2[/sup] of distribution facilities and 2,400 m[sup]2[/sup] of office space, located at the Brequetlaan in Schiphol ...
-
PropertyEU Archive
Land Securities to make move into property derivatives trading
Land Securities is preparing to invest in property-based derivative instruments that could help hedge exposure to its largest developments, according to a report in the Financial Times. This is the first time the UK's largest property company is making a move outside buying and building physical real estate.
-
PropertyEU Archive
Risanamento sells portfolio to Gruppo Ipi
Italian real estate developer Risanamento said that it has completed the sale of a real estate portfolio consisting of a number of projects and buildable land to Gruppo Ipi for around EUR 43 mln. The disposal, first agreed in August last year, is part of the company's debt restructuring plan.
-
PropertyEU Archive
LaSalle secures lease on major Paris warehouse unit
LaSalle Investment Management has announced that, on behalf of the LaSalle French Fund II, it has completed a lease on a major warehouse unit in Paris, France with POINT P, part of the Saint Gobain Group.
-
PropertyEU Archive
Syntrus Achmea buys Dutch mall from Unibail-Rodamco
Dutch asset manager Syntrus Achmea Real Estate has acquired a shopping centre in the Netherlands from pan-European retail specialist Unibail-Rodamco. The financial details of the transaction were not disclosed. The Carnisse Veste shopping centre is located in Bardendrecht-West and comprises 47 shops over 15,569 m[sup]2[/sup].
-
PropertyEU Archive
Goodman agrees first development and sale in Sweden.
Goodman Group, the integrated property group which owns, develops and manages business and logistics space globally, has announced plans for its first development and associated sale in Sweden. The company has commenced the development of a pre-committed 21,500 m[sup]2[/sup] distribution centre on behalf of Staples, formerly known as Corporate Express, ...
-
PropertyEU Archive
GI Partners backs new fund for distressed German mortgage assets
GI Partners, the trans-Atlantic private equity house, has backed the launch of Elystan Capital Advisers, a Munich-based investment firm targeting mortgage backed assets and the mortgage banking sector in Germany, Austria and Switzerland. According to well-informed sources, GI Partners will provide EUR 100 mln with a view to expanding this ...
-
PropertyEU Archive
Berlin Hyp expresses interest in Westimmo
Berlin Hyp has emerged as the first potential bidder for Westdeutsche Immobilienbank (Westimmo) after the Berlin-based bank's chief Jan Bettink told journalists on Monday that he wanted to take a thorough look at the bank to see whether there was a 'strategic fit', according to Financial Times Deutschland.
-
PropertyEU Archive
BNP Paribas Real Estate to launch new funds
BNP Paribas Real Estate plans to launch three new funds for the European market in 2010 after introducing a new retail fund in December, deputy CEO Henri Faure said in an interview with PropertyEU. The Paris-based services provider is also seeking to expand in the field of valuation. 'We foresee ...
-
PropertyEU Archive
JLL makes management changes in CEE
Jones Lang LaSalle announced on Tuesday that Thierry Delvaux, previously managing director responsible for the property advisor's businesses in Hungary and Romania, has accepted a new role as a managing director of the JLL International Business Desk (iDesk), based in Washington DC.
-
PropertyEU Archive
DG Hyp opens representative office in Paris
German property financier DG Hyp has opened a representative office in Paris in line with its strategy of focusing more strongly on the French real estate market. Up to now, the French market has been covered by DG Hyp's country desk in Hamburg.
-
PropertyEU Archive
Prime Property Management expands team
Prime Property Management has announced property economists Sebastian Sinn and Rachel Simon joined the firm as property and asset managers on 1 January 2010.
-
PropertyEU Archive
Patrizia launches new residential fund
Patrizia Immobilien is launching a new specialised fund via its subsidiary Patrizia Kapitalanlagegesellschaft in a move to further expand its fund business. The fund will comprise assets valued at EUR 300 mln following conclusion of the investment phase.
-
PropertyEU Archive
Holowent launches EUR 114m bid for NR Nordic
Holowent, the investment vehicle of the Livingstone brothers, has made a EUR 114 mln takeover bid for NR Nordic & Russia Properties, a Euronext-listed real estate investor focusing on Russia, the Baltics and the Nordic region.
-
PropertyEU Archive
Swiss Life buys Lighthouse project for EUR 30m
Life insurer Swiss Life has acquired the Lighthouse office project in the Rhein area of Düsseldorf-Derendorf, Germany for around EUR 30 mln. The seller is Lighthouse Development, a joint venture of developer Projektentwicklung and Rheinmetall Immobilien.
-
PropertyEU Archive
Number of investment bidders rises in Q4: RICS
The number of investment bidders per property rose for the first time across most Western European markets in the fourth quarter of 2009, with the biggest pick up seen in the Netherlands and France. There were some exceptions, however, with investment bidders remaining in decline in Italy, Switzerland and Cyprus. ...
-
PropertyEU Archive
Prologis expands European fund and acquisitions team
Prologis, the leading global provider of distribution facilities, has announced the appointment of Ali Nassiri as Senior Associate in the European Fund and Acquisitions team. He will have particular involvement with the continued investment program for Prologis European Properties Fund II.
-
PropertyEU Archive
Valad Property Group appoints new COO
Multi-let specialist property fund manager Valad Property Group has appointed Christian Bearman as its new Chief Operating Officer to oversee its EUR 4.7 bn European operations. The appointment, which took effect on 11 January, signals Valad’s intention to consolidate and grow its European business through its 20 offices across 12 ...
-
PropertyEU Archive
Unibail-Rodamco leases Tour Majunga's parking area
Pan-European property company Unibail-Rodamco has signed a long-term agreement with Defacto for the leasing of the Villon parking lot at the feet of the Majunga tower development located in the Parisian business district La Defense.
-
PropertyEU Archive
UK property chiefs split on the shape of recovery
Leading experts in the commercial property sector in the UK have predicted a cautious year for listed real estate which will see the office market recover far more strongly than industrial, retail and residential property. The latest Expert Panel survey commissioned by Reita, the online portal for real estate investment ...
