All Real Assets articles in Web Issue – Page 611
-
PropertyEU Archive
Skanska to launch Stockholm's largest green office project
International building group Skanska announced on Thursday that it is starting the first phase of the Lustgården office project on Kungsholmen in Stockholm.
-
PropertyEU Archive
Reyal Urbis re-starts development of Castellana 200
Spanish developer Reyal Urbis is re-starting the development of its flagship Castellana 200 mixed-use project in Madrid after receiving backing from its creditor banks.
-
PropertyEU Archive
Bouwfonds resi fund spends EUR 36m in Germany
Bouwfonds European Residential Fund has acquired residential properties in the German cities of Düsseldorf, Hamburg and Erlangen for just over EUR 36 mln.
-
PropertyEU Archive
Kungsleden acquires care properties in Sweden
Listed Swedish property company Kungsleden, acting through its 50-50 joint venture with the Swedish Third Pension Insurance Fund (AP3), is acquiring 29 care properties. The total purchase prices, including transaction costs, comes to SEK 368 mln (EUR 40 mln). The property yield is 7.8%.
-
PropertyEU Archive
Patrizia acquires LB Immo Invest
Patrizia Immobilien has acquired LB Immo Invest, the Hamburg-based real estate investment company that launches special funds. It was sold by HSH Real Estate, a subsidiary of HSH Nordbank AG. The parties agreed not to disclose the purchase price. 'We are significantly expanding our service business with this acquisition and ...
-
PropertyEU Archive
Unibail-Rodamco reaches agreement to develop France's highest office tower
Franco-Dutch property group Unibail-Rodamco said on Friday that it has reached an agreement with the Epadesa public authority for the development of the Phare tower at Paris' financial district of La Defense. Epadesa's board has approved the technical and financial terms for the finalisation of the project which will involve ...
-
PropertyEU Archive
BL, Blackstone submit planning application for UBS project
British Land and the Blackstone Group on Friday submitted a detailed planning application for a new office building for financial services firm UBS in the City of London. Called 5 Broadgate, it will provide a total net office floorspace of 65,032 m[sup]2[/sup] and will include four trading floors capable of ...
-
PropertyEU Archive
Commercial office tenants want green - survey
Green building initiatives are a key influencer when tenants decide to sign a commercial real estate lease, according to a survey by GE Capital Real Estate. The survey, conducted over the past year, included more than 2,220 office tenants in the US, Canada, France, Germany, Sweden, the UK, Spain and ...
-
PropertyEU Archive
Kotrbacek joins C&W retail team in Prague
Jan Kotrbacek (34) became the head of the Retail Team at Cushman & Wakefield’s Prague office with effect from 1 December. He took over after Martin Zizala who held the position for the last six years. Kotrbacek will be in charge of the Czech and Slovak markets.
-
PropertyEU Archive
Immofinanz sells retail property in Czech Republic
Austrian group Immofinanz has announced the sale of the Bauhaus Budweis retail property in Budweis, Czech Republic to the CPI Group, a local investor, for over EUR 17 mln. The transaction is part of the group's strategy to optimise its real estate portfolio, the company said.
-
PropertyEU Archive
NSI and Vastned O/I discuss potential merger
Nieuwe Steen Investments (NSI) has approached Vastned Offices / Industrial (Vastned O/I) about a potential merger of the two Amsterdam-listed real estate companies.
-
PropertyEU Archive
German financiers increase share in Dutch market
German investors are on course to boost their share of transactions in the Dutch real estate market to around EUR 1 bn this year. This is significantly more than the figure for the past two years. In 2009, German investors accounted for transactions worth some EUR 570 mln compared to ...
-
PropertyEU Archive
London & Stamford enters the EPRA Europe Index
Listed real estate company London & Stamford Property (L&S) will be included in the FTSE EPRA/NAREIT Developed Europe Index as of Monday 20 December 2010.
-
PropertyEU Archive
Wereldhave acquires UK mall for EUR 101m
Amsterdam-listed real estate company Wereldhave has reached agreement to acquire the Dolphin Shopping Centre in Poole, Dorset, England. The investment volume amounts to £85 mln (EUR 101 mln), including costs, and reflects a net initial yield of 6%.
-
PropertyEU Archive
Citi, ING REF close EUR 150m restructuring with MSREF VII
Citigroup Global Markets and ING Real Estate Finance have closed a debt restructuring for BRE / Hospitality Europe Holding, a company controlled by Blackstone Real Estate Partners (BREP) International Fund II and BREP Fund V.
-
PropertyEU Archive
Direct investment volumes in EMEA up 40% in 2010: JLL
Direct investment into commercial real estate in EMEA is likely to reach EUR 100 bn in 2010, according to new research from Jones Lang LaSalle. This figure represents an increase of over 40% on volumes recorded for the full year 2009.
-
PropertyEU Archive
Icade seals EUR 255m refinancing for Crystal Park
French Siic Icade has reached agreement with a banking syndicate including HSBC, BNP Paribas and BECM for a new EUR 255 mln financing facility.
-
PropertyEU Archive
Moscow to sell EUR 340m of property assets
The city of Moscow is planning to divest RUB 13.9 bn (EUR 340 mln) worth of stakes in non-core real estate assets in a bid to boost its finances, business daily Vedomosti reported.
-
PropertyEU Archive
Afi Europe postpones Polish IPO
Central and South Eastern European developer Afi Europe has postponed its initial public offering on the Warsaw stock exchange due to 'adverse market conditions'.
-
PropertyEU Archive
Meyer Bergman and Neinver team up in Katowice
Meyer Bergman, the European real estate investment management firm, has entered into a joint venture agreement with Neinver, a pan-European retail developer, to undertake a EUR 200 mln retail-led mixed-use development at Katowice railway station in Poland. The project forms a crucial part of the city's preparations for the ...
