All Real Assets articles in Web Issue – Page 587

  • PropertyEU Archive

    Brokers back on hiring trail

    2010-10-13T00:00:00Z

    Europe’s leading real estate advisers are back on the recruitment trail after seeing staff numbers drop by as much as 17% in 2009.

  • PropertyEU Archive

    Savills poaches CBRE Gothenburg team

    2010-10-13T00:00:00Z

    Property adviser Savills is opening a new office in Sweden following the acquisition of a four-man team from CB Richard Ellis in Gothenburg. They will join Savills existing business in Sweden on 9 December 2010, establishing a second office alongside its Stockholm headquarters.

  • PropertyEU Archive

    Tomasz Czuba join JLL in Warsaw

    2010-10-13T00:00:00Z

    Jones Lang LaSalle has announced that Tomasz Czuba has joined as a national director in the Office Agency team in Poland. Czuba will lead the Office Leasing department, which advises developers and landlords on the commercialization of office developments including development of leasing & marketing strategy for the project, and ...

  • PropertyEU Archive

    Unibail-Rodamco reshuffles team to fill development post

    2010-10-13T00:00:00Z

    Listed pan-European real estate company Unibail Rodamco SE has reshuffled its management team to fill the vacancy caused by the sudden departure of development director Bertrand Julien-Laferriere earlier this month. Julien-Laferriere left to become CEO of French listed real estate group Societe Fonciere Lyonnaise (SFL).

  • PropertyEU Archive

    Stadion obtains first LEED pre-certification in Slovakia

    2010-10-13T00:00:00Z

    Stadion is the first development in Slovakia to have obtained a LEED pre-certification. The project has been awarded the pre-certification under the US Green Building Council's (USGBC) LEED for Core and Shell 2.0 rating system.

  • PropertyEU Archive

    Colonia raises EUR 11m in capital increase

    2010-10-14T00:00:00Z

    Cologne-based Colonia Real Estate it has raised gross proceeds of EUR 10.8 mln from a capital increase. The proceeds will be used for future expansion through acquisition of residential property portfolios and for investments in the company's existing residential property portfolios.

  • PropertyEU Archive

    Sistema-Hals gets EUR 137m loan for Moscow mall project

    2010-10-14T00:00:00Z

    Russian listed real estate company Sistema-Hals said it has received financing of up to RUB 5.78 bn (EUR 137 mln) for the redevelopment of the landmark Central Detsky Mir shopping centre on Lubyanka square in Moscow.

  • PropertyEU Archive

    Italian government sells 19 military assets

    2010-10-14T00:00:00Z

    Italy has taken another important step in the sale of 19 barracks in the Emilia-Romagna region. The economics ministry, the municipality of Bologna amd Demanio, the public real estate agency have signed an agreement for the redevelopment and subsequent sale of a state-owned portfolio consisting of the 19 real estate ...

  • PropertyEU Archive

    Skanska to invest EUR 36m in Polish green office project

    2010-10-14T00:00:00Z

    Swedish construction and development giant Skanska has announced plans to invest EUR 36 mln in the first phase of a green office project in Warsaw, Poland.

  • PropertyEU Archive

    Allianz in pole position to buy Simon's stake in 47 Italian malls

    2010-10-14T00:00:00Z

    German insurance group Allianz is the frontrunner to acquire a 49% interest in an Italian retail joint venture currently held by US-based retail specialist Simon Property Group, reliable sources have told PropertyEU.

  • PropertyEU Archive

    Foncière R-Paris forced to sell mixed-use building for EUR 62m

    2010-10-14T00:00:00Z

    Spanish group Restaura's French unit Foncière R-Paris said that it has signed a preliminary agreement to sell the 144 Rivoli building in Paris' first arrondissement after a subsidiary owning the asset failed to meet its debt payments.

  • PropertyEU Archive

    Multi, ASR open Dutch mall

    2010-10-14T00:00:00Z

    Multi Corporation's Dutch subsidiary and local player ASR Vastgoed have opened the Vleuterweide shopping centre in Leidsche Rijn, the Netherlands.

  • PropertyEU Archive

    Prologis sees focus on built-to-suit developments

    2010-10-14T00:00:00Z

    Prologis, Europe’s largest owner of modern distribution facilities, expects to focus on built-to-suit development opportunities for the foreseeable future, Philip Dunne, president and COO of Prologis Europe, told PropertyEU in an interview. ‘In the future we will no doubt return to speculative development and have a greater mix of the ...

  • PropertyEU Archive

    Raiffeisen in talks to buy Mall Varna from Miller

    2010-10-14T00:00:00Z

    Austria's banking group Raiffeisen Bank International is seeking to acquire Miller Mall Varna, the owner of the Mall Varna shopping centre in Bulgaria. The property is owned by UK-based Miller Developments which in 2008 acquired it for EUR 120 mln in one of the country's largest single-asset deals. At the ...

  • PropertyEU Archive

    UK mall development pipeline dries up: C&W

    2010-10-14T00:00:00Z

    The number of new shopping centres being completed in the UK this year is likely to fall by around 40% below the 10-year annual average, according to new research from Cushman & Wakefield. Just 80,000 m[sup]2[/sup] of shopping centre gross lettable area (GLA) was added to the market in the ...

  • PropertyEU Archive

    UK property delivers muted growth in September: IPD

    2010-10-14T00:00:00Z

    UK commercial property markets produced another shallow month of capital growth, at 0.2%, according to September's IPD UK Monthly Index. The 12-month change in capital growth is now 14.2%.

  • PropertyEU Archive

    Emerging Trends detects hopeful signs in US

    2010-10-14T00:00:00Z

    US commercial real estate industry investors and professionals hint at hopeful signs of tempered commercial real estate market improvements after three years of dislocation and unprecedented loss, according to respondents of the Emerging Trends in Real Estate 2011 report.

  • PropertyEU Archive

    Ciloger buys Grand Angle mall for EUR 60m

    2010-10-15T00:00:00Z

    France's Ciloger has acquired the Grand Angle inner city shopping centre project in Montreuil, in the eastern suburbs of Paris from developer Sopic for about EUR 60 mln. The purchase was carried out on behalf of two funds managed by Ciloger.

  • PropertyEU Archive

    Metric acquires retail park in Manchester

    2010-10-15T00:00:00Z

    Metric Property Investments, the UK specialist retail real estate investment trust (REIT), has conditionally exchanged contracts to acquire Congleton Retail Park in South Manchester. The vendor is North West-based investor and developer, Bluemantle, for £14.86 mln (almost EUR 17 mln). The purchase price reflects a net initial yield of ...

  • PropertyEU Archive

    Hatfield Philips welcomes IMF stance on rating agencies

    2010-10-15T00:00:00Z

    Hatfield Philips International (HPI), one of Europe's largest independent Primary and Special Servicer, has welcomed recent calls by the International Monetary Fund (IMF) for tighter procedures at rating agencies.