All Real Assets articles in Web Issue – Page 627

  • PropertyEU Archive

    Hochtief finds tenant for 13,400-m[sup]2[/sup] German project

    2011-01-28T00:00:00Z

    Germany's Hochtief Projektentwicklung has announced the letting of 12,000 m[sup]2[/sup] of office space in the first building of its Le Quartier Central office development project in Duesseldorf, Germany.

  • PropertyEU Archive

    Hemfosa in EUR 34m sale-and-leaseback deal

    2011-01-28T00:00:00Z

    Swedish property company Hemfosa has acquired two large logistics properties in a SEK 300 mln (EUR 34 mln) sale-and-leaseback transaction with Danish logistics group Skanlog. The properties comprise 65,000 m[sup]2[/sup] of space and are located in Eskilstuna, 110 km from Stockholm.

  • PropertyEU Archive

    Corestate sells Berlin residential portfolio for EUR 39m

    2011-01-28T00:00:00Z

    Corestate Group, a private equity investor based in Switzerland, has completed the sale of a residential portfolio in Berlin to Zentral Boden Immobilien for EUR 39 mln. The fully-let portfolio comprises 894 apartments over 48,000 m[sup]2[/sup] in the districts of Britz and Rudow.

  • PropertyEU Archive

    Befimmo acquires Brussels office complex for EUR 55m

    2011-01-28T00:00:00Z

    Belgian listed property company Befimmo has reached agreement with German fund manager SEB Investment for the purchase of shares in Ringcenter, owner of the Pavilion complex in Brussels, for EUR 55.3 mln.

  • PropertyEU Archive

    Sagax buys in Stockholm for EUR 68m

    2011-01-28T00:00:00Z

    Swedish property company Sagax has announced the acquisition of a logistics site located in the Jordbro industrial area south of Stockholm from a unit of Norway's NRP Realkapital. The transaction volume amounts to around SEK 600 mln (EUR 68 mln), representing a yield of 7.3%.

  • PropertyEU Archive

    Appointments this week

    2011-01-28T00:00:00Z

    CB Richard Ellis has announced the appointment of two property consultants to lead a specialist capital markets team based in its Belfast office. Gavin Elliot and Tim Reid join CBRE as associate directors. The Belfast office will now offer capital markets advisory services on every aspect of domestic and overseas ...

  • PropertyEU Archive

    BPT launches new Baltic real estate fund

    2011-01-28T00:00:00Z

    Copenhagen-based BPT Asset Management has launched a new fund, BPT Baltic Opportunity, to invest in core real estate assets in the three Baltic countries. The new fund is the fourth BPT fund in the region. In a statement, BPT said that it is looking to 'change the scene' following ...

  • PropertyEU Archive

    Carbon Index to set standard for measuring emissions

    2011-01-28T00:00:00Z

    The Better Buildings Partnership (BBP) and Greenprint Foundation have announced the formation of an alliance to advance their common goal to reduce carbon emissions and improve the sustainability of their members' property portfolios and, by example, the entire property industry.

  • PropertyEU Archive

    Peel Group takes deputy chairman spot at CSC

    2011-01-28T00:00:00Z

    London-listed Capital Shopping Centres Group has announced the appointment of John Whittaker, chairman of the Peel Group, as deputy chairman of CSC.

  • PropertyEU Archive

    GTC sells stake in Chinese project

    2011-01-28T00:00:00Z

    Amsterdam-listed company Kardan announced last week that its wholly owned subsidiary GTC Real Estate China has signed an agreement to sell its 50% stake in a real estate project in Hangzhou, China.

  • PropertyEU Archive

    Helios Europe signs funding deal with HG Property

    2011-01-28T00:00:00Z

    Helios Europe, the European specialist logistics developer led by Mike Hughes, has entered into an exclusive cooperation with Dutch developer/investor HG Property Group, co-owned by former PSV star Jan Heintze, as part of a EUR 1 bn development drive in the logistics sector.

  • PropertyEU Archive

    Qataris, Gazprombank launch Russian fund

    2011-01-28T00:00:00Z

    Qatari Barwa Real Estate and Gazprombank, an affiliate of gas producer and exporter Gazprom, have announced the first closing of the Shariah-compliant, Barwa Gazprombank Russia Real Estate Fund.

  • PropertyEU Archive

    French market sees investment volume rise 40% in 2010

    2011-01-30T00:00:00Z

    Investment volume in France rose 40% in 2010 to EUR 12 bn, according to figures from BNP Paribas Real Estate. For the year ahead, the Paris-based adviser is forecasting a more modest rise to around EUR 13-14 bn, Thierry Laroue-Pont, CEO of Real Estate Advisory France, said during a presentation ...

  • PropertyEU Archive

    Global office market saw rental growth in 2010: C&W

    2011-01-31T00:00:00Z

    The global occupational office market recovered from the downward trend seen in 2009 to positive rental growth in 2010, according to the latest research data from Cushman & Wakefield.

  • PropertyEU Archive

    Gecina completes EUR 500m bond issue

    2011-01-31T00:00:00Z

    French SIIC Gecina said it has carried out a new EUR 500 mln bond issue, with a maturity of five years through to February 2016. The issue, which was placed last week, was more than six times oversubscribed, reflecting a resurgence in interest among European investors.

  • PropertyEU Archive

    Prelios, ING RED sell Hamburg scheme for EUR 73m

    2011-01-31T00:00:00Z

    Italy's listed real estate group Prelios has announced the sale of 95% of the Blankanese Bahnhofsplatz mixed-use scheme in Hamburg, Germany for around EUR 73 mln. The property, which represents a partnership of the Italian property company (47%), ING Real Estate Development (50%) and other shareholders (3%), was sold to ...

  • PropertyEU Archive

    RREEF sells Milan asset for EUR 75m

    2011-01-31T00:00:00Z

    The Italian fund management unit of Deutsche Bank's RREEF has sold an office building at Via Meravigli 7 in Milan to the Milan chamber of commerce.

  • PropertyEU Archive

    Zavala to head Savills office agency in Madrid

    2011-01-31T00:00:00Z

    International real estate advisor Savills has recruited Ana Zavala, who has more than 20 years experience in real estate, to direct its office agency team in Madrid. Previously Zavala was director of real estate investments at Colliers, where she worked with national and international clients. Before this she spent 15 ...

  • PropertyEU Archive

    Prologis and AMB agree 'merger of equals'

    2011-01-31T00:00:00Z

    US listed firms Prologis and AMB Corporation have agreed what they describe as a 'merger of equals'. The combined global industrial property specialist will have a pro forma equity market capitalisation of $14 bn (EUR 10 bn and about $46 bn (EUR 34 bn) of assets under management.

  • PropertyEU Archive

    SFL names new COO, completes restructuring

    2011-01-31T00:00:00Z

    French SIIC Société Foncière Lyonnaise (SFL) said that it has appointed Dimitri Boulte as chief operating officer. He will directly supervise the asset management team and lead the development, leasing/marketing, technical and property management departments headed respectively by Jean-Luc Potier, Marc Stravopodis, Franck Dattée and Franck Morin.