All Real Assets articles in Web Issue – Page 555
-
PropertyEU Archive
Skanska to develop Swedish security service HQ
Skanska is to sell the land and development project for the Swedish security service's new head office in Solna. The buyer is state-owned Specialfastigheter Sverige, which owns and manages buildings for special purposes like correctional facilities, police stations and reformatories.
-
PropertyEU Archive
Internos seeks growth after stabilising GPT platform
Internos Real Investors is poised for further growth after selling down and integrating the GPT Halverton platform bought at end-2009 for the symbolic sum of EUR 2. 'With our new management we are looking at ways of taking the business forward,' co-founder and executive chairman Jos Short told PropertyEU in ...
-
PropertyEU Archive
Foreign appetite for prime Central London stock remains voracious
With over £2 bn (EUR 2.36 bn) of transactions exchanging in the past three weeks the Central London commercial property market continues to show its resilience and attraction to overseas investors, according to specialist central London investment consultancy Gresham Down Capital Partners.
-
PropertyEU Archive
Pirelli RE shareholders approve name change
Shareholders have approved the name change of Pirelli Real Estate to Prelios S.p.A, the company said in a press release. As announced earlier, Pirelli RE is to be separated from the Pirelli & C group by the end of this year. Under the plan, Pirelli group will assign its 58% ...
-
PropertyEU Archive
French economics minister to attend MAPIC
Christine Lagarde, the French Minister for the Economy, Industry and Employment, will attend MAPIC as part of the programme focused on France, the guest of honour at the 16th edition of this international market for retail real estate.
-
PropertyEU Archive
Sonae Sierra wins Spanish shopping centre award
Portuguese developer Sonae Sierra said its Plaza Mayor shopping centre in Malaga has received an award from the Spanish Shopping Association (AECC) in the Best Expansion category.
-
PropertyEU Archive
EPF welcomes EU's new Energy Performance of Buildings Directive
The European Property Federation has welcomed revisions to the EU's Energy Performance of Buildings Directive. 'The first EPBD was a revolution, and this one is too because now the Directive’s energy efficiency renovation requirements extend to the entire building stock, not just buildings over 1000 m2, and all new build ...
-
PropertyEU Archive
Christie + Co markets Campanile hotels in UK
Investment advisory firm Christie + Co is marketing 18 hotels in the UK on behalf of Starwood Capital’s Louvre Hotels, The portfolio comprises 17 Campanile assets and one Première Classe-branded property.
-
PropertyEU Archive
Retailers need to engage with consumers via new technologies: JLL
The growth of new technologies will create a new imperative for retailers to enter into a dialogue with consumers. That is one of the key conclusions of part five of Jones Lang LaSalle's Retail 2020 study; The End of Silent Retailing.
-
PropertyEU Archive
Investment in European retail property doubles in H1:JLL
European retail real estate transaction volumes amounted to EUR 10.6 bn in H1 2010, more than double the EUR 5 bn recorded in the same period in 2009, according to preliminary figures published byJones Lang LaSalle on Monday.
-
PropertyEU Archive
Morgans Hotel Group secures EUR 118m loan with Aareal Bank
Morgans Hotel Group, the operator and 50% owner of the London joint venture that owns the Sanderson and St Martins Lane hotels, said it has signed a £100 mln (EUR 118 mln) loan with Aareal Bank to refinance the mortgage debt secured by the two hotels. The new loan matures ...
-
PropertyEU Archive
Bouwfonds REIM buys three properties for EUR 49m
Bouwfonds Real Estate Investment Management said on Monday it has acquired three properties for its open-ended European Residential Fund for a total sum of EUR 48.63 mln. The three properties are located in Berlin (Prenzlauer Berg), Hamburg (Harburg) and Stockholm (Nacka, Gubbängen and Vallentuna).
-
PropertyEU Archive
Rockspring acquires EUR 88m of property in the UK
London-based property fund manager Rockspring Property Investment Managers said it has acquired four properties for a total sum of £74.8 mln (EUR 88.5 mln) in London's Midtown (WC1), Shardlow (Derbyshire), Cardiff and Swindon.
-
PropertyEU Archive
CBRE Investors buys industrial asset in first French deal
CB Richard Ellis Investors said its Pan European Core Fund (PEC Fund) has acquired a prime light industrial asset in Paris Nord 2 for EUR 15.2 mln from Sophia GE, an affiliate of GE Real Estate. The deal marks PEC Fund’s first acquisition in France and second purchase in Europe.
-
PropertyEU Archive
Evans Randall signs up European Commission for Brussels tower
UK private equity group Evans Randall has signed a 15-year usufruct agreement for a further 6,500 m[sup]2[/sup] at its Covent Garden prime office development in Brussels with the Executive Agency for Competitiveness and Innovation (EACI), a European Commission agency.
-
PropertyEU Archive
Uncertain outlook for Dublin office market: CBRE
The office sector in Dublin witnessed healthy office take-up levels in the second quarter of 2010, but the medium to longer term outlook remains uncertain, according to the Q2 Dublin Office Market View Publication published by property adviser CB Richard Ellis.
-
PropertyEU Archive
Swiss Life signs 10,000 m[sup]2[/sup] leasing deal west of Paris
Swiss Life has taken a lease on 10,000 m[sup]2[/sup] of refurbished office space in the Vasco de Gama property complex in the Levallois Perret business district west of Paris. The deal is the second-largest leasing transaction in the business district this year.
-
PropertyEU Archive
Henderson bags prime London shopping centre for EUR 132m
Henderson Global Investors has acquired the freehold interest in N1 Islington, a prime central London shopping centre, from the Metro Fund for around £112 mln (EUR 132 mln). The price reflects an initial yield of around 5.40%. The centre was purchased on behalf of two funds for Henderson's German ...
-
PropertyEU Archive
DTZ appoints Fergus Hicks to research team
DTZ Research has appointed Fergus Hicks as Associate Director in its Global Forecasting & Strategy Research team. He will support DTZ Research’s quarterly forecasting of 192 real estate markets worldwide and be responsible for developing bespoke modelling and analysis of emerging real estate trends.
-
PropertyEU Archive
'Hypo Real Estate set to fail EU stress test for banks'
Nationalised German lender Hypo Real Estate (HRE) is set to fail a pan-European stress test designed to determine banks' financial health, according to unconfirmed reports by press agencies Reuters and Bloomberg.
