All Real Assets articles in Web Issue – Page 613
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PropertyEU Archive
Skanska expands into residential development in UK and Poland
Skanska's new business plan up to 2015 calls for an expansion of its residential development activities to Poland and the UK.
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PropertyEU Archive
EPRA survey slams IASB leasing proposals
Several leading European retailers have voiced their objections to the International Accounting Standards Board's (IASB) proposed lease accounting changes in a survey carried out by PwC on behalf of the European Public Real Estate Association (EPRA).
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PropertyEU Archive
Skanska to start new phase of office project in Helsinki
Skanska Commercial Development Nordic is to initiate the second phase of its Ruskeasuo office project in Helsinki. The investment amounts to EUR 23 mln.
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PropertyEU Archive
Allianz RE acquires two Paris assets for EUR 184m
Allianz Real Estate has acquired two prime properties in Paris for about EUR 184 mln. The vendor is a real estate fund managed by Crédit Suisse.
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PropertyEU Archive
Tapiola buys Helsinki office project for EUR 39m
Finland's Tapiola Mutual Pension Insurance has acquired Verkkokauppa.com's new retail and warehouse building to be developed in the new Jatkasaari district of Helsinki. The total investment volumes amounts to around EUR 38.5 mln.
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PropertyEU Archive
Simon pushes for due diligence access to CSC
Simon Property Group (SPG) has called for due diligence access to Capital Shopping Centres Group (CSC) to enable it to proceed with a EUR 3.4 bn offer for the UK-listed regional mall owner.
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PropertyEU Archive
BayernLB and Berlin Hyp refinance resi portfolio for Immeo
German regional banks BayernLB and Berlin Hyp have refinanced a EUR 207.5 mln residential property portfolio for Immeo Group, part of the French Fonciére Développement Logements group.
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PropertyEU Archive
Managers propose buyout of Valad's European business
Sydney-listed real estate group Valad has received an indicative management buyout (MBO) proposal for its European business. The proposal comes from a consortium that includes the CEO of Valad Europe, Martyn McCarthy, as well as managing director Peter Hurley, and senior members of Valad’s European operations.
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PropertyEU Archive
European funds show first capital growth in three years: INREV
Continental European non-listed real estate funds have seen capital growth for the first time since 2007, according to the European Association for investors in non-listed real estate funds (INREV).
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PropertyEU Archive
Sleath named new CEO at Segro
UK REIT Segro has announces that David Sleath is being appointed CEO to succeed Ian Coull, who retires from the board following the AGM on 28 April 2011.
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PropertyEU Archive
Redevco fully lets One Connaught Place
Redevco UK has fully let its 2,800-m[sup]2[/sup] office building at One Connaught Place in London's West End. The seven office floors have been let to Cabot Square Capital, Macsteel, Fleetway Travel, Signia Wealth, Nu Star Terminals and Huron Consulting. The lease agreements are all based on a 10-year lease.
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PropertyEU Archive
Deutsche Euroshop takes control of Main-Taunus-Zentrum
MDAX-listed Deutsche Euroshop has said it is acquiring a 9% stake in the Main-Taunus-Zentrum shopping centre (MTZ) near Frankfurt from an institutional investor. The investment volume comes to just over EUR 17 mln.
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PropertyEU Archive
Sparkassen snaps up OMV HQ in Vienna
Austria's Sparkassen Immobilien AG has completed the purchase of the Hoch Zwei and Plus Zwei newly built office schemes located in the new Viertel Zwei urban district of Vienna. Although the financial details remain confidential, Ernst Vejdovszky, member of Sparkassen's management board said that the acquisition represents 'one of the ...
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PropertyEU Archive
AXA RE completes 285,000 m[sup]2[/sup] of lettings in France
AXA Real Estate has signed 112 leases representing 285,000 m[sup]2[/sup] of space across its French portfolio this year. Of this total, 64, representing 199,000 m[sup]2[/sup] , were new leases, while the remaining 48, accounting for 86,000 m[sup]2[/sup] of space, were renewals.
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PropertyEU Archive
Atenor enters Romania with 78,000 m[sup]2[/sup] office project
Belgian property developer Atenor has announced plans to enter the Romanian market with the launch of a 78,000-m[sup]2[/sup] office project in Bucharest. The move is part of a new strategy by the company to 'concentrate on the most flourishing markets for the rental of offices', including the Central European markets.
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PropertyEU Archive
New Finnish fund acquires EUR 100m portfiolio from pension scheme
A new fund launched by Amplion Asset Management has acquired a EUR 100 mln real estate portfolio from Varma Mutual Pension Insurance Company of Finland.
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PropertyEU Archive
Simon given until 12 January for CSC bid
Simon Property Group (SPG) has been given until 12 January 2011 to table a firm offer for UK-listed regional shopping centre group Capital Shopping Centres (CSC).
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PropertyEU Archive
Mfi to build EUR 150m Mönchengladbach shopping centre
German shopping centre specialist Mfi has received the green light from the planning and building committee of Mönchengladbach to develop a new 23,000 m[sup]2[/sup] shopping centre in the Germany city. The committee has recommended the sale of the 2.6-hectare development site to Mfi for the construction of its Mönchengladbach Arcades ...
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PropertyEU Archive
PEPR leases 89,600 m[sup]2[/sup] in Northern Europe
Euronext-listed Prologis European Properties has announced lease transactions totalling 89,600 m[sup]2[/sup] in the Netherlands and Germany. Over 70% of this activity relates to new leases.
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PropertyEU Archive
Rockspring re-enters Polish market with EUR 47m acquisition
Rockspring Property Investment Managers has acquired Ferio Shopping Centre in Konin, Poland from Raiffeisen Evolution for EUR 47 mln on behalf of its TransEuropean Property Limited Partnership IV.
